id	sid	tid	token	lemma	pos
ftr-485	1	1	florida	florida	PROPN
ftr-485	1	2	tax	tax	PROPN
ftr-485	1	3	review	review	NOUN
ftr-485	1	4	volume	volume	NOUN
ftr-485	1	5	2	2	NUM
ftr-485	1	6	number	number	NOUN
ftr-485	1	7	1	1	NUM
ftr-485	1	8	!	!	PUNCT
ftr-485	2	1	the	the	DET
ftr-485	2	2	recharacterization	recharacterization	NOUN
ftr-485	2	3	of	of	ADP
ftr-485	2	4	cross	cross	ADJ
ftr-485	2	5	-	-	ADJ
ftr-485	2	6	border	border	ADJ
ftr-485	2	7	interest	interest	NOUN
ftr-485	2	8	rate	rate	NOUN
ftr-485	2	9	swaps	swap	NOUN
ftr-485	2	10	:	:	PUNCT
ftr-485	2	11	tax	tax	NOUN
ftr-485	2	12	consequences	consequence	NOUN
ftr-485	2	13	and	and	CCONJ
ftr-485	2	14	beyond	beyond	ADP
ftr-485	2	15	bruce	bruce	PROPN
ftr-485	2	16	a.	a.	PROPN
ftr-485	2	17	elvin	elvin	PROPN
ftr-485	2	18	*	*	PROPN
ftr-485	2	19	i.	i.	PROPN
ftr-485	2	20	introduction	introduction	NOUN
ftr-485	2	21	..............................	..............................	PUNCT
ftr-485	2	22	..	..	PUNCT
ftr-485	3	1	633	633	NUM
ftr-485	3	2	ii	ii	NOUN
ftr-485	3	3	.	.	PUNCT
ftr-485	3	4	notional	notional	ADJ
ftr-485	3	5	principal	principal	ADJ
ftr-485	3	6	contract	contract	NOUN
ftr-485	3	7	and	and	CCONJ
ftr-485	3	8	swap	swap	NOUN
ftr-485	3	9	definitions	definition	NOUN
ftr-485	3	10	..................................	..................................	PUNCT
ftr-485	3	11	635	635	NUM
ftr-485	3	12	a.	a.	NOUN
ftr-485	3	13	what	what	PRON
ftr-485	3	14	are	be	AUX
ftr-485	3	15	notional	notional	ADJ
ftr-485	3	16	principal	principal	ADJ
ftr-485	3	17	contracts	contract	NOUN
ftr-485	3	18	and	and	CCONJ
ftr-485	3	19	swaps	swap	NOUN
ftr-485	3	20	?	?	PUNCT
ftr-485	4	1	.............................	.............................	PUNCT
ftr-485	5	1	635	635	NUM
ftr-485	5	2	b.	b.	NOUN
ftr-485	5	3	classification	classification	NOUN
ftr-485	5	4	and	and	CCONJ
ftr-485	5	5	taxation	taxation	NOUN
ftr-485	5	6	of	of	ADP
ftr-485	5	7	payments	payment	NOUN
ftr-485	5	8	under	under	ADP
ftr-485	5	9	notional	notional	ADJ
ftr-485	5	10	principal	principal	ADJ
ftr-485	5	11	contracts	contract	NOUN
ftr-485	5	12	.................	.................	PUNCT
ftr-485	5	13	636	636	NUM
ftr-485	5	14	c.	c.	NOUN
ftr-485	5	15	reasons	reason	NOUN
ftr-485	5	16	for	for	ADP
ftr-485	5	17	off	off	ADP
ftr-485	5	18	-	-	PUNCT
ftr-485	5	19	market	market	NOUN
ftr-485	5	20	swaps	swap	NOUN
ftr-485	5	21	and	and	CCONJ
ftr-485	5	22	nonperiodic	nonperiodic	ADJ
ftr-485	5	23	payments	payment	NOUN
ftr-485	5	24	...............................	...............................	PUNCT
ftr-485	5	25	638	638	NUM
ftr-485	5	26	iii	iii	NOUN
ftr-485	5	27	.	.	PUNCT
ftr-485	6	1	u.s	u.s	PROPN
ftr-485	6	2	.	.	PROPN
ftr-485	6	3	taxation	taxation	NOUN
ftr-485	6	4	of	of	ADP
ftr-485	6	5	off	off	ADP
ftr-485	6	6	-	-	PUNCT
ftr-485	6	7	market	market	NOUN
ftr-485	6	8	interest	interest	NOUN
ftr-485	6	9	rate	rate	NOUN
ftr-485	6	10	sw	sw	PROPN
ftr-485	6	11	aps	aps	PROPN
ftr-485	6	12	......................................	......................................	PUNCT
ftr-485	6	13	640	640	NUM
ftr-485	6	14	a.	a.	NOUN
ftr-485	6	15	example	example	NOUN
ftr-485	6	16	from	from	ADP
ftr-485	6	17	swap	swap	NOUN
ftr-485	6	18	regulations	regulation	NOUN
ftr-485	6	19	...............	...............	PUNCT
ftr-485	6	20	640	640	NUM
ftr-485	6	21	b.	b.	NOUN
ftr-485	6	22	recharacterization	recharacterization	NOUN
ftr-485	6	23	under	under	ADP
ftr-485	6	24	regulations	regulation	NOUN
ftr-485	6	25	section	section	NOUN
ftr-485	6	26	1.446	1.446	NUM
ftr-485	6	27	-	-	SYM
ftr-485	6	28	3(g)(4	3(g)(4	NUM
ftr-485	6	29	)	)	PUNCT
ftr-485	6	30	.......................	.......................	PUNCT
ftr-485	7	1	641	641	NUM
ftr-485	7	2	1	1	NUM
ftr-485	7	3	.	.	PUNCT
ftr-485	8	1	"	"	PUNCT
ftr-485	8	2	significant	significant	ADJ
ftr-485	8	3	"	"	PUNCT
ftr-485	8	4	.........................	.........................	PUNCT
ftr-485	8	5	641	641	NUM
ftr-485	8	6	2	2	NUM
ftr-485	8	7	.	.	PUNCT
ftr-485	8	8	initial	initial	ADJ
ftr-485	8	9	consequences	consequence	NOUN
ftr-485	8	10	of	of	ADP
ftr-485	8	11	recharacterization	recharacterization	NOUN
ftr-485	8	12	.	.	PUNCT
ftr-485	9	1	642	642	NUM
ftr-485	9	2	a.	a.	NOUN
ftr-485	9	3	"	"	PUNCT
ftr-485	9	4	the	the	DET
ftr-485	9	5	loan	loan	NOUN
ftr-485	9	6	must	must	AUX
ftr-485	9	7	be	be	AUX
ftr-485	9	8	accounted	account	VERB
ftr-485	9	9	for	for	ADP
ftr-485	9	10	independently	independently	ADV
ftr-485	9	11	of	of	ADP
ftr-485	9	12	the	the	DET
ftr-485	9	13	swap	swap	NOUN
ftr-485	9	14	"	"	PUNCT
ftr-485	9	15	..	..	PUNCT
ftr-485	9	16	.......	.......	PUNCT
ftr-485	10	1	642	642	NUM
ftr-485	10	2	*	*	PUNCT
ftr-485	10	3	j.d	j.d	PROPN
ftr-485	10	4	.	.	PROPN
ftr-485	10	5	1993	1993	NUM
ftr-485	10	6	,	,	PUNCT
ftr-485	10	7	duke	duke	PROPN
ftr-485	10	8	university	university	PROPN
ftr-485	10	9	.	.	PUNCT
ftr-485	11	1	this	this	DET
ftr-485	11	2	article	article	NOUN
ftr-485	11	3	was	be	AUX
ftr-485	11	4	written	write	VERB
ftr-485	11	5	while	while	SCONJ
ftr-485	11	6	the	the	DET
ftr-485	11	7	author	author	NOUN
ftr-485	11	8	was	be	AUX
ftr-485	11	9	serving	serve	VERB
ftr-485	11	10	as	as	ADP
ftr-485	11	11	a	a	DET
ftr-485	11	12	wissenschaftlicher	wissenschaftlicher	ADJ
ftr-485	11	13	assistant	assistant	NOUN
ftr-485	11	14	,	,	PUNCT
ftr-485	11	15	universitdi	universitdi	ADV
ftr-485	11	16	mdinchen	mdinchen	ADV
ftr-485	11	17	.	.	PUNCT
ftr-485	12	1	the	the	DET
ftr-485	12	2	author	author	NOUN
ftr-485	12	3	is	be	AUX
ftr-485	12	4	presently	presently	ADV
ftr-485	12	5	completing	complete	VERB
ftr-485	12	6	new	new	PROPN
ftr-485	12	7	york	york	PROPN
ftr-485	12	8	university	university	PROPN
ftr-485	12	9	's	's	PART
ftr-485	12	10	graduate	graduate	ADJ
ftr-485	12	11	tax	tax	NOUN
ftr-485	12	12	program	program	NOUN
ftr-485	12	13	,	,	PUNCT
ftr-485	12	14	after	after	ADP
ftr-485	12	15	which	which	PRON
ftr-485	12	16	he	he	PRON
ftr-485	12	17	will	will	AUX
ftr-485	12	18	be	be	AUX
ftr-485	12	19	an	an	DET
ftr-485	12	20	associate	associate	NOUN
ftr-485	12	21	at	at	ADP
ftr-485	12	22	baker	baker	PROPN
ftr-485	12	23	&	&	CCONJ
ftr-485	12	24	mckenzie	mckenzie	PROPN
ftr-485	12	25	,	,	PUNCT
ftr-485	12	26	new	new	PROPN
ftr-485	12	27	york	york	PROPN
ftr-485	12	28	city	city	PROPN
ftr-485	12	29	.	.	PUNCT
ftr-485	13	1	the	the	DET
ftr-485	13	2	author	author	NOUN
ftr-485	13	3	thanks	thank	NOUN
ftr-485	13	4	steve	steve	PROPN
ftr-485	13	5	conlon	conlon	PROPN
ftr-485	13	6	.	.	PUNCT
ftr-485	14	1	steve	steve	PROPN
ftr-485	14	2	oppenheim	oppenheim	PROPN
ftr-485	14	3	.	.	PUNCT
ftr-485	15	1	and	and	CCONJ
ftr-485	15	2	achim	achim	PROPN
ftr-485	15	3	pross	pross	NOUN
ftr-485	15	4	for	for	ADP
ftr-485	15	5	their	their	PRON
ftr-485	15	6	inspiration	inspiration	NOUN
ftr-485	15	7	,	,	PUNCT
ftr-485	15	8	ideas	idea	NOUN
ftr-485	15	9	,	,	PUNCT
ftr-485	15	10	and	and	CCONJ
ftr-485	15	11	time	time	NOUN
ftr-485	15	12	spent	spend	VERB
ftr-485	15	13	discussing	discuss	VERB
ftr-485	15	14	numerous	numerous	ADJ
ftr-485	15	15	issues	issue	NOUN
ftr-485	15	16	,	,	PUNCT
ftr-485	15	17	professor	professor	PROPN
ftr-485	15	18	richard	richard	PROPN
ftr-485	15	19	doernberg	doernberg	PROPN
ftr-485	15	20	for	for	ADP
ftr-485	15	21	his	his	PRON
ftr-485	15	22	all	all	ADV
ftr-485	15	23	-	-	PUNCT
ftr-485	15	24	around	around	ADP
ftr-485	15	25	advice	advice	NOUN
ftr-485	15	26	,	,	PUNCT
ftr-485	15	27	and	and	CCONJ
ftr-485	15	28	professor	professor	PROPN
ftr-485	15	29	lawrence	lawrence	PROPN
ftr-485	15	30	lokken	lokken	PROPN
ftr-485	15	31	.	.	PUNCT
ftr-485	16	1	stuart	stuart	PROPN
ftr-485	16	2	leblang	leblang	PROPN
ftr-485	16	3	,	,	PUNCT
ftr-485	16	4	and	and	CCONJ
ftr-485	16	5	erika	erika	PROPN
ftr-485	16	6	nijenhuis	nijenhuis	PROPN
ftr-485	16	7	for	for	ADP
ftr-485	16	8	their	their	PRON
ftr-485	16	9	thoughtful	thoughtful	ADJ
ftr-485	16	10	comments	comment	NOUN
ftr-485	16	11	and	and	CCONJ
ftr-485	16	12	time	time	NOUN
ftr-485	16	13	spent	spend	VERB
ftr-485	16	14	reviewing	review	VERB
ftr-485	16	15	earlier	early	ADJ
ftr-485	16	16	drafts	draft	NOUN
ftr-485	16	17	of	of	ADP
ftr-485	16	18	the	the	DET
ftr-485	16	19	article	article	NOUN
ftr-485	16	20	.	.	PUNCT
ftr-485	17	1	special	special	ADJ
ftr-485	17	2	thanks	thank	NOUN
ftr-485	17	3	go	go	VERB
ftr-485	17	4	to	to	ADP
ftr-485	17	5	professor	professor	NOUN
ftr-485	17	6	klaus	klaus	PROPN
ftr-485	17	7	vogel	vogel	PROPN
ftr-485	17	8	and	and	CCONJ
ftr-485	17	9	george	george	PROPN
ftr-485	17	10	elvin	elvin	PROPN
ftr-485	17	11	for	for	ADP
ftr-485	17	12	their	their	PRON
ftr-485	17	13	continuous	continuous	ADJ
ftr-485	17	14	support	support	NOUN
ftr-485	17	15	,	,	PUNCT
ftr-485	17	16	and	and	CCONJ
ftr-485	17	17	most	most	ADJ
ftr-485	17	18	of	of	ADP
ftr-485	17	19	all	all	PRON
ftr-485	17	20	to	to	ADP
ftr-485	17	21	jim	jim	PROPN
ftr-485	17	22	finkel	finkel	PROPN
ftr-485	17	23	,	,	PUNCT
ftr-485	17	24	without	without	ADP
ftr-485	17	25	whom	whom	PRON
ftr-485	17	26	this	this	DET
ftr-485	17	27	article	article	NOUN
ftr-485	17	28	would	would	AUX
ftr-485	17	29	not	not	PART
ftr-485	17	30	have	have	AUX
ftr-485	17	31	been	be	AUX
ftr-485	17	32	possible	possible	ADJ
ftr-485	17	33	and	and	CCONJ
ftr-485	17	34	to	to	PART
ftr-485	17	35	whom	whom	PRON
ftr-485	17	36	the	the	DET
ftr-485	17	37	author	author	NOUN
ftr-485	17	38	is	be	AUX
ftr-485	17	39	extremely	extremely	ADV
ftr-485	17	40	grateful	grateful	ADJ
ftr-485	17	41	.	.	PUNCT
ftr-485	18	1	florida	florida	PROPN
ftr-485	18	2	tax	tax	PROPN
ftr-485	18	3	review	review	PROPN
ftr-485	18	4	b.	b.	PROPN
ftr-485	19	1	"	"	PUNCT
ftr-485	19	2	the	the	DET
ftr-485	19	3	time	time	NOUN
ftr-485	19	4	value	value	NOUN
ftr-485	19	5	compontent	compontent	NOUN
ftr-485	19	6	associated	associate	VERB
ftr-485	19	7	with	with	ADP
ftr-485	19	8	the	the	DET
ftr-485	19	9	loan	loan	NOUN
ftr-485	19	10	is	be	AUX
ftr-485	19	11	not	not	PART
ftr-485	19	12	included	include	VERB
ftr-485	19	13	in	in	ADP
ftr-485	19	14	the	the	DET
ftr-485	19	15	net	net	ADJ
ftr-485	19	16	income	income	NOUN
ftr-485	19	17	or	or	CCONJ
ftr-485	19	18	net	net	ADJ
ftr-485	19	19	deduction	deduction	NOUN
ftr-485	19	20	from	from	ADP
ftr-485	19	21	the	the	DET
ftr-485	19	22	swap	swap	NOUN
ftr-485	19	23	.	.	PUNCT
ftr-485	19	24	.	.	PUNCT
ftr-485	20	1	.	.	PUNCT
ftr-485	21	1	,	,	PUNCT
ftr-485	21	2	but	but	CCONJ
ftr-485	21	3	is	be	AUX
ftr-485	21	4	recognized	recognize	VERB
ftr-485	21	5	as	as	ADP
ftr-485	21	6	interest	interest	NOUN
ftr-485	21	7	for	for	ADP
ftr-485	21	8	all	all	DET
ftr-485	21	9	purposes	purpose	NOUN
ftr-485	21	10	of	of	ADP
ftr-485	21	11	the	the	DET
ftr-485	21	12	internal	internal	ADJ
ftr-485	21	13	revenue	revenue	NOUN
ftr-485	21	14	code	code	PROPN
ftr-485	21	15	"	"	PUNCT
ftr-485	21	16	.................	.................	PUNCT
ftr-485	22	1	642	642	NUM
ftr-485	22	2	3	3	NUM
ftr-485	22	3	.	.	PUNCT
ftr-485	23	1	the	the	DET
ftr-485	23	2	complicating	complicate	VERB
ftr-485	23	3	factor	factor	NOUN
ftr-485	23	4	:	:	PUNCT
ftr-485	23	5	the	the	DET
ftr-485	23	6	contrasting	contrast	VERB
ftr-485	23	7	sourcing	sourcing	NOUN
ftr-485	23	8	rules	rule	NOUN
ftr-485	23	9	for	for	ADP
ftr-485	23	10	swap	swap	NOUN
ftr-485	23	11	and	and	CCONJ
ftr-485	23	12	interest	interest	NOUN
ftr-485	23	13	income	income	NOUN
ftr-485	23	14	...........................	...........................	PUNCT
ftr-485	23	15	643	643	NUM
ftr-485	23	16	iv	iv	NOUN
ftr-485	23	17	.	.	PUNCT
ftr-485	23	18	consequences	consequence	NOUN
ftr-485	23	19	of	of	ADP
ftr-485	23	20	recharacterizing	recharacterize	VERB
ftr-485	23	21	a	a	DET
ftr-485	23	22	nonperiodic	nonperiodic	ADJ
ftr-485	23	23	payment	payment	NOUN
ftr-485	23	24	....................................	....................................	PUNCT
ftr-485	23	25	644	644	NUM
ftr-485	23	26	a.	a.	NOUN
ftr-485	23	27	portfolio	portfolio	NOUN
ftr-485	23	28	interest	interest	NOUN
ftr-485	23	29	..........................	..........................	PUNCT
ftr-485	24	1	645	645	NUM
ftr-485	24	2	b.	b.	PROPN
ftr-485	24	3	withholding	withholding	NOUN
ftr-485	24	4	.............................	.............................	PUNCT
ftr-485	24	5	64	64	NUM
ftr-485	24	6	7	7	NUM
ftr-485	24	7	v.	v.	ADP
ftr-485	24	8	time	time	NOUN
ftr-485	24	9	value	value	NOUN
ftr-485	24	10	determination	determination	NOUN
ftr-485	24	11	......................	......................	PUNCT
ftr-485	24	12	648	648	NUM
ftr-485	24	13	vi	vi	NOUN
ftr-485	24	14	.	.	PROPN
ftr-485	25	1	summary	summary	NOUN
ftr-485	25	2	of	of	ADP
ftr-485	25	3	the	the	DET
ftr-485	25	4	u.s	u.s	PROPN
ftr-485	25	5	.	.	PROPN
ftr-485	25	6	tax	tax	NOUN
ftr-485	25	7	treatment	treatment	NOUN
ftr-485	25	8	.............	.............	PUNCT
ftr-485	25	9	652	652	NUM
ftr-485	25	10	vii	vii	PROPN
ftr-485	25	11	.	.	PROPN
ftr-485	25	12	double	double	ADJ
ftr-485	25	13	taxation	taxation	NOUN
ftr-485	25	14	of	of	ADP
ftr-485	25	15	off	off	ADP
ftr-485	25	16	-	-	PUNCT
ftr-485	25	17	market	market	NOUN
ftr-485	25	18	interest	interest	NOUN
ftr-485	25	19	rate	rate	NOUN
ftr-485	25	20	sw	sw	PROPN
ftr-485	25	21	aps	aps	PROPN
ftr-485	25	22	......................................	......................................	PUNCT
ftr-485	25	23	653	653	NUM
ftr-485	25	24	a.	a.	NOUN
ftr-485	25	25	introduction	introduction	NOUN
ftr-485	25	26	.............................	.............................	PUNCT
ftr-485	25	27	653	653	NUM
ftr-485	25	28	b.	b.	NOUN
ftr-485	25	29	interest	interest	NOUN
ftr-485	25	30	under	under	ADP
ftr-485	25	31	the	the	DET
ftr-485	25	32	model	model	NOUN
ftr-485	25	33	conventions	convention	NOUN
ftr-485	25	34	...........	...........	PUNCT
ftr-485	25	35	655	655	NUM
ftr-485	25	36	1	1	NUM
ftr-485	25	37	.	.	PUNCT
ftr-485	26	1	definition	definition	NOUN
ftr-485	26	2	.........................	.........................	PUNCT
ftr-485	26	3	655	655	NUM
ftr-485	26	4	2	2	NUM
ftr-485	26	5	.	.	PUNCT
ftr-485	26	6	rationale	rationale	NOUN
ftr-485	26	7	for	for	ADP
ftr-485	26	8	the	the	DET
ftr-485	26	9	sharing	sharing	NOUN
ftr-485	26	10	of	of	ADP
ftr-485	26	11	tax	tax	NOUN
ftr-485	26	12	on	on	ADP
ftr-485	26	13	interest	interest	NOUN
ftr-485	26	14	...........................	...........................	PUNCT
ftr-485	27	1	655	655	NUM
ftr-485	27	2	3	3	NUM
ftr-485	27	3	.	.	PUNCT
ftr-485	27	4	origins	origin	NOUN
ftr-485	27	5	of	of	ADP
ftr-485	27	6	double	double	ADJ
ftr-485	27	7	taxation	taxation	NOUN
ftr-485	27	8	under	under	ADP
ftr-485	27	9	an	an	DET
ftr-485	27	10	off	off	ADJ
ftr-485	27	11	-	-	PUNCT
ftr-485	27	12	market	market	NOUN
ftr-485	27	13	swap	swap	NOUN
ftr-485	27	14	....................	....................	PUNCT
ftr-485	28	1	656	656	NUM
ftr-485	28	2	c.	c.	NOUN
ftr-485	28	3	nonperiodic	nonperiodic	ADJ
ftr-485	28	4	payment	payment	NOUN
ftr-485	28	5	characterization	characterization	NOUN
ftr-485	28	6	..........	..........	PUNCT
ftr-485	29	1	657	657	NUM
ftr-485	29	2	d.	d.	NOUN
ftr-485	29	3	potentially	potentially	ADV
ftr-485	29	4	applicable	applicable	ADJ
ftr-485	29	5	tax	tax	NOUN
ftr-485	29	6	treaty	treaty	NOUN
ftr-485	29	7	articles	article	NOUN
ftr-485	29	8	........	........	PUNCT
ftr-485	30	1	659	659	NUM
ftr-485	30	2	1	1	NUM
ftr-485	30	3	.	.	PUNCT
ftr-485	30	4	article	article	NOUN
ftr-485	30	5	11	11	NUM
ftr-485	30	6	:	:	PUNCT
ftr-485	30	7	interest	interest	NOUN
ftr-485	30	8	...................	...................	PUNCT
ftr-485	30	9	659	659	NUM
ftr-485	30	10	2	2	NUM
ftr-485	30	11	.	.	PUNCT
ftr-485	30	12	article	article	NOUN
ftr-485	30	13	7	7	NUM
ftr-485	30	14	:	:	PUNCT
ftr-485	30	15	"	"	PUNCT
ftr-485	30	16	business	business	NOUN
ftr-485	30	17	profits	profit	NOUN
ftr-485	30	18	"	"	PUNCT
ftr-485	30	19	.............	.............	PUNCT
ftr-485	30	20	659	659	NUM
ftr-485	30	21	3	3	NUM
ftr-485	30	22	.	.	PUNCT
ftr-485	30	23	article	article	NOUN
ftr-485	30	24	21	21	NUM
ftr-485	30	25	:	:	PUNCT
ftr-485	30	26	"	"	PUNCT
ftr-485	30	27	other	other	ADJ
ftr-485	30	28	income	income	NOUN
ftr-485	30	29	"	"	PUNCT
ftr-485	30	30	..	..	PUNCT
ftr-485	30	31	............	............	PUNCT
ftr-485	31	1	660	660	NUM
ftr-485	31	2	e.	e.	NOUN
ftr-485	31	3	the	the	DET
ftr-485	31	4	manifestation	manifestation	NOUN
ftr-485	31	5	of	of	ADP
ftr-485	31	6	double	double	ADJ
ftr-485	31	7	taxation	taxation	NOUN
ftr-485	31	8	...........	...........	PUNCT
ftr-485	31	9	661	661	NUM
ftr-485	31	10	f.	f.	NOUN
ftr-485	31	11	qualification	qualification	NOUN
ftr-485	31	12	problem	problem	NOUN
ftr-485	31	13	......................	......................	PUNCT
ftr-485	31	14	663	663	NUM
ftr-485	31	15	g.	g.	PROPN
ftr-485	31	16	mutual	mutual	ADJ
ftr-485	31	17	agreement	agreement	NOUN
ftr-485	31	18	procedures	procedure	NOUN
ftr-485	31	19	................	................	PUNCT
ftr-485	31	20	664	664	NUM
ftr-485	31	21	1	1	NUM
ftr-485	31	22	.	.	PUNCT
ftr-485	31	23	availability	availability	NOUN
ftr-485	31	24	........................	........................	PUNCT
ftr-485	31	25	665	665	NUM
ftr-485	31	26	2	2	NUM
ftr-485	31	27	.	.	NUM
ftr-485	31	28	drawbacks	drawback	NOUN
ftr-485	31	29	to	to	ADP
ftr-485	31	30	mutual	mutual	ADJ
ftr-485	31	31	agreement	agreement	NOUN
ftr-485	31	32	procedures	procedure	NOUN
ftr-485	31	33	........................	........................	PUNCT
ftr-485	31	34	666	666	NUM
ftr-485	31	35	viii	viii	VERB
ftr-485	31	36	.	.	PUNCT
ftr-485	32	1	potential	potential	ADJ
ftr-485	32	2	solutions	solution	NOUN
ftr-485	32	3	and	and	CCONJ
ftr-485	32	4	the	the	DET
ftr-485	32	5	consequences	consequence	NOUN
ftr-485	32	6	of	of	ADP
ftr-485	32	7	double	double	ADJ
ftr-485	32	8	taxation	taxation	NOUN
ftr-485	32	9	.............................	.............................	PUNCT
ftr-485	33	1	667	667	NUM
ftr-485	33	2	a.	a.	NOUN
ftr-485	33	3	potential	potential	ADJ
ftr-485	33	4	solutions	solution	NOUN
ftr-485	33	5	........................	........................	PUNCT
ftr-485	33	6	667	667	NUM
ftr-485	33	7	b.	b.	NOUN
ftr-485	33	8	consequences	consequence	NOUN
ftr-485	33	9	of	of	ADP
ftr-485	33	10	double	double	ADJ
ftr-485	33	11	taxation	taxation	NOUN
ftr-485	33	12	..............	..............	PUNCT
ftr-485	34	1	670	670	NUM
ftr-485	34	2	ix	ix	ADJ
ftr-485	34	3	.	.	PUNCT
ftr-485	34	4	conclusion	conclusion	NOUN
ftr-485	34	5	..................................	..................................	PUNCT
ftr-485	35	1	671	671	NUM
ftr-485	36	1	[	[	X
ftr-485	36	2	vol	vol	NOUN
ftr-485	36	3	.	.	PUNCT
ftr-485	37	1	2:11	2:11	NUM
ftr-485	37	2	the	the	DET
ftr-485	37	3	recharacterization	recharacterization	NOUN
ftr-485	37	4	of	of	ADP
ftr-485	37	5	cross	cross	ADJ
ftr-485	37	6	-	-	ADJ
ftr-485	37	7	border	border	ADJ
ftr-485	37	8	interest	interest	NOUN
ftr-485	37	9	rate	rate	NOUN
ftr-485	37	10	swaps	swap	NOUN
ftr-485	37	11	i.	i.	NOUN
ftr-485	37	12	introduction	introduction	NOUN
ftr-485	37	13	the	the	DET
ftr-485	37	14	interaction	interaction	NOUN
ftr-485	37	15	of	of	ADP
ftr-485	37	16	domestic	domestic	ADJ
ftr-485	37	17	tax	tax	NOUN
ftr-485	37	18	policies	policy	NOUN
ftr-485	37	19	and	and	CCONJ
ftr-485	37	20	double	double	ADJ
ftr-485	37	21	taxation	taxation	NOUN
ftr-485	37	22	treaties	treaty	NOUN
ftr-485	37	23	has	have	AUX
ftr-485	37	24	created	create	VERB
ftr-485	37	25	unintended	unintended	ADJ
ftr-485	37	26	and	and	CCONJ
ftr-485	37	27	potentially	potentially	ADV
ftr-485	37	28	serious	serious	ADJ
ftr-485	37	29	impediments	impediment	NOUN
ftr-485	37	30	to	to	ADP
ftr-485	37	31	the	the	DET
ftr-485	37	32	fair	fair	ADJ
ftr-485	37	33	and	and	CCONJ
ftr-485	37	34	efficient	efficient	ADJ
ftr-485	37	35	functioning	functioning	NOUN
ftr-485	37	36	of	of	ADP
ftr-485	37	37	international	international	ADJ
ftr-485	37	38	financial	financial	ADJ
ftr-485	37	39	markets	market	NOUN
ftr-485	37	40	,	,	PUNCT
ftr-485	37	41	with	with	ADP
ftr-485	37	42	particularly	particularly	ADV
ftr-485	37	43	significant	significant	ADJ
ftr-485	37	44	consequences	consequence	NOUN
ftr-485	37	45	for	for	ADP
ftr-485	37	46	cross	cross	ADJ
ftr-485	37	47	-	-	ADJ
ftr-485	37	48	border	border	ADJ
ftr-485	37	49	interest	interest	NOUN
ftr-485	37	50	rate	rate	NOUN
ftr-485	37	51	swaps	swap	NOUN
ftr-485	37	52	.	.	PUNCT
ftr-485	38	1	the	the	DET
ftr-485	38	2	importance	importance	NOUN
ftr-485	38	3	of	of	ADP
ftr-485	38	4	interest	interest	NOUN
ftr-485	38	5	rate	rate	NOUN
ftr-485	38	6	swaps	swap	NOUN
ftr-485	38	7	is	be	AUX
ftr-485	38	8	well	well	ADV
ftr-485	38	9	-	-	PUNCT
ftr-485	38	10	documented	document	VERB
ftr-485	38	11	:	:	PUNCT
ftr-485	38	12	they	they	PRON
ftr-485	38	13	reduce	reduce	VERB
ftr-485	38	14	and	and	CCONJ
ftr-485	38	15	transfer	transfer	VERB
ftr-485	38	16	interest	interest	NOUN
ftr-485	38	17	rate	rate	NOUN
ftr-485	38	18	risk	risk	NOUN
ftr-485	38	19	,	,	PUNCT
ftr-485	38	20	and	and	CCONJ
ftr-485	38	21	they	they	PRON
ftr-485	38	22	contribute	contribute	VERB
ftr-485	38	23	substantially	substantially	ADV
ftr-485	38	24	to	to	ADP
ftr-485	38	25	the	the	DET
ftr-485	38	26	liquidity	liquidity	NOUN
ftr-485	38	27	of	of	ADP
ftr-485	38	28	the	the	DET
ftr-485	38	29	world	world	NOUN
ftr-485	38	30	's	's	PART
ftr-485	38	31	capital	capital	NOUN
ftr-485	38	32	markets	market	NOUN
ftr-485	38	33	.	.	PUNCT
ftr-485	38	34	'	'	PUNCT
ftr-485	39	1	accordingly	accordingly	ADV
ftr-485	39	2	,	,	PUNCT
ftr-485	39	3	any	any	DET
ftr-485	39	4	tax	tax	NOUN
ftr-485	39	5	-	-	PUNCT
ftr-485	39	6	related	relate	VERB
ftr-485	39	7	interference	interference	NOUN
ftr-485	39	8	with	with	ADP
ftr-485	39	9	interest	interest	NOUN
ftr-485	39	10	rate	rate	NOUN
ftr-485	39	11	swap	swap	NOUN
ftr-485	39	12	markets	market	NOUN
ftr-485	39	13	may	may	AUX
ftr-485	39	14	have	have	VERB
ftr-485	39	15	materially	materially	ADV
ftr-485	39	16	negative	negative	ADJ
ftr-485	39	17	and	and	CCONJ
ftr-485	39	18	unforeseen	unforeseen	ADJ
ftr-485	39	19	consequences	consequence	NOUN
ftr-485	39	20	on	on	ADP
ftr-485	39	21	many	many	ADJ
ftr-485	39	22	types	type	NOUN
ftr-485	39	23	of	of	ADP
ftr-485	39	24	domestic	domestic	ADJ
ftr-485	39	25	and	and	CCONJ
ftr-485	39	26	international	international	ADJ
ftr-485	39	27	capital	capital	NOUN
ftr-485	39	28	transactions	transaction	NOUN
ftr-485	39	29	.	.	PUNCT
ftr-485	40	1	an	an	DET
ftr-485	40	2	apparently	apparently	ADV
ftr-485	40	3	inadvertent	inadvertent	ADJ
ftr-485	40	4	example	example	NOUN
ftr-485	40	5	of	of	ADP
ftr-485	40	6	tax	tax	NOUN
ftr-485	40	7	-	-	PUNCT
ftr-485	40	8	related	relate	VERB
ftr-485	40	9	interference	interference	NOUN
ftr-485	40	10	arises	arise	VERB
ftr-485	40	11	from	from	ADP
ftr-485	40	12	the	the	DET
ftr-485	40	13	u.s	u.s	PROPN
ftr-485	40	14	.	.	PROPN
ftr-485	40	15	treasury	treasury	PROPN
ftr-485	40	16	regulations	regulation	NOUN
ftr-485	40	17	on	on	ADP
ftr-485	40	18	notional	notional	ADJ
ftr-485	40	19	principal	principal	ADJ
ftr-485	40	20	contracts	contract	NOUN
ftr-485	40	21	,	,	PUNCT
ftr-485	40	22	promulgated	promulgate	VERB
ftr-485	40	23	in	in	ADP
ftr-485	40	24	1993	1993	NUM
ftr-485	40	25	,	,	PUNCT
ftr-485	40	26	under	under	ADP
ftr-485	40	27	which	which	PRON
ftr-485	40	28	an	an	DET
ftr-485	40	29	off	off	ADP
ftr-485	40	30	-	-	PUNCT
ftr-485	40	31	market	market	NOUN
ftr-485	40	32	interest	interest	NOUN
ftr-485	40	33	rate	rate	NOUN
ftr-485	40	34	swap	swap	NOUN
ftr-485	40	35	with	with	ADP
ftr-485	40	36	a	a	DET
ftr-485	40	37	"	"	PUNCT
ftr-485	40	38	large	large	ADJ
ftr-485	40	39	"	"	PUNCT
ftr-485	40	40	nonperiodic	nonperiodic	ADJ
ftr-485	40	41	payment	payment	NOUN
ftr-485	40	42	is	be	AUX
ftr-485	40	43	recharacterized	recharacterize	VERB
ftr-485	40	44	as	as	ADP
ftr-485	40	45	a	a	DET
ftr-485	40	46	package	package	NOUN
ftr-485	40	47	consisting	consist	VERB
ftr-485	40	48	of	of	ADP
ftr-485	40	49	a	a	DET
ftr-485	40	50	swap	swap	NOUN
ftr-485	40	51	and	and	CCONJ
ftr-485	40	52	an	an	DET
ftr-485	40	53	embedded	embed	VERB
ftr-485	40	54	loan	loan	NOUN
ftr-485	40	55	bearing	bear	VERB
ftr-485	40	56	interesl2	interesl2	NOUN
ftr-485	40	57	the	the	DET
ftr-485	40	58	resulting	result	VERB
ftr-485	40	59	conversion	conversion	NOUN
ftr-485	40	60	of	of	ADP
ftr-485	40	61	swap	swap	NOUN
ftr-485	40	62	income	income	NOUN
ftr-485	40	63	into	into	ADP
ftr-485	40	64	interest	interest	NOUN
ftr-485	40	65	income	income	NOUN
ftr-485	40	66	(	(	PUNCT
ftr-485	40	67	for	for	ADP
ftr-485	40	68	all	all	DET
ftr-485	40	69	u.s	u.s	PROPN
ftr-485	40	70	.	.	PROPN
ftr-485	40	71	tax	tax	NOUN
ftr-485	40	72	purposes	purpose	NOUN
ftr-485	40	73	)	)	PUNCT
ftr-485	40	74	creates	create	VERB
ftr-485	40	75	a	a	DET
ftr-485	40	76	variety	variety	NOUN
ftr-485	40	77	of	of	ADP
ftr-485	40	78	tax	tax	NOUN
ftr-485	40	79	issues	issue	NOUN
ftr-485	40	80	under	under	ADP
ftr-485	40	81	domestic	domestic	ADJ
ftr-485	40	82	law	law	NOUN
ftr-485	40	83	and	and	CCONJ
ftr-485	40	84	has	have	VERB
ftr-485	40	85	especially	especially	ADV
ftr-485	40	86	significant	significant	ADJ
ftr-485	40	87	and	and	CCONJ
ftr-485	40	88	complex	complex	ADJ
ftr-485	40	89	ramifications	ramification	NOUN
ftr-485	40	90	in	in	ADP
ftr-485	40	91	cross	cross	ADJ
ftr-485	40	92	-	-	ADJ
ftr-485	40	93	border	border	ADJ
ftr-485	40	94	cases	case	NOUN
ftr-485	40	95	.	.	PUNCT
ftr-485	41	1	in	in	ADP
ftr-485	41	2	these	these	DET
ftr-485	41	3	cases	case	NOUN
ftr-485	41	4	,	,	PUNCT
ftr-485	41	5	a	a	DET
ftr-485	41	6	withholding	withholding	NOUN
ftr-485	41	7	tax	tax	NOUN
ftr-485	41	8	may	may	AUX
ftr-485	41	9	be	be	AUX
ftr-485	41	10	imposed	impose	VERB
ftr-485	41	11	on	on	ADP
ftr-485	41	12	the	the	DET
ftr-485	41	13	interest	interest	NOUN
ftr-485	41	14	,	,	PUNCT
ftr-485	41	15	and	and	CCONJ
ftr-485	41	16	double	double	ADJ
ftr-485	41	17	taxation	taxation	NOUN
ftr-485	41	18	of	of	ADP
ftr-485	41	19	the	the	DET
ftr-485	41	20	interest	interest	NOUN
ftr-485	41	21	is	be	AUX
ftr-485	41	22	a	a	DET
ftr-485	41	23	possibility	possibility	NOUN
ftr-485	41	24	even	even	ADV
ftr-485	41	25	in	in	ADP
ftr-485	41	26	the	the	DET
ftr-485	41	27	presence	presence	NOUN
ftr-485	41	28	of	of	ADP
ftr-485	41	29	a	a	DET
ftr-485	41	30	tax	tax	NOUN
ftr-485	41	31	treaty.3	treaty.3	PROPN
ftr-485	41	32	the	the	DET
ftr-485	41	33	withholding	withholding	NOUN
ftr-485	41	34	tax	tax	NOUN
ftr-485	41	35	on	on	ADP
ftr-485	41	36	u.s	u.s	PROPN
ftr-485	41	37	.	.	PROPN
ftr-485	41	38	source	source	NOUN
ftr-485	41	39	interest	interest	NOUN
ftr-485	41	40	paid	pay	VERB
ftr-485	41	41	to	to	ADP
ftr-485	41	42	a	a	DET
ftr-485	41	43	non	non	ADJ
ftr-485	41	44	-	-	ADJ
ftr-485	41	45	u.s	u.s	ADJ
ftr-485	41	46	.	.	PROPN
ftr-485	41	47	entity	entity	NOUN
ftr-485	41	48	is	be	AUX
ftr-485	41	49	not	not	PART
ftr-485	41	50	necessarily	necessarily	ADV
ftr-485	41	51	eliminated	eliminate	VERB
ftr-485	41	52	by	by	ADP
ftr-485	41	53	the	the	DET
ftr-485	41	54	portfolio	portfolio	NOUN
ftr-485	41	55	interest	interest	NOUN
ftr-485	41	56	exemption	exemption	NOUN
ftr-485	41	57	,	,	PUNCT
ftr-485	41	58	as	as	SCONJ
ftr-485	41	59	may	may	AUX
ftr-485	41	60	generally	generally	ADV
ftr-485	41	61	be	be	AUX
ftr-485	41	62	thought	think	VERB
ftr-485	41	63	,	,	PUNCT
ftr-485	41	64	because	because	SCONJ
ftr-485	41	65	the	the	DET
ftr-485	41	66	exemption	exemption	NOUN
ftr-485	41	67	does	do	AUX
ftr-485	41	68	not	not	PART
ftr-485	41	69	apply	apply	VERB
ftr-485	41	70	to	to	ADP
ftr-485	41	71	interest	interest	NOUN
ftr-485	41	72	paid	pay	VERB
ftr-485	41	73	to	to	ADP
ftr-485	41	74	banks	bank	NOUN
ftr-485	41	75	,	,	PUNCT
ftr-485	41	76	which	which	PRON
ftr-485	41	77	make	make	VERB
ftr-485	41	78	up	up	ADP
ftr-485	41	79	a	a	DET
ftr-485	41	80	large	large	ADJ
ftr-485	41	81	portion	portion	NOUN
ftr-485	41	82	of	of	ADP
ftr-485	41	83	swap	swap	NOUN
ftr-485	41	84	participants	participant	NOUN
ftr-485	41	85	.	.	PUNCT
ftr-485	42	1	tax	tax	NOUN
ftr-485	42	2	and	and	CCONJ
ftr-485	42	3	regulatory	regulatory	ADJ
ftr-485	42	4	authorities	authority	NOUN
ftr-485	42	5	in	in	ADP
ftr-485	42	6	the	the	DET
ftr-485	42	7	united	united	PROPN
ftr-485	42	8	states	states	PROPN
ftr-485	42	9	were	be	AUX
ftr-485	42	10	correct	correct	ADJ
ftr-485	42	11	in	in	ADP
ftr-485	42	12	recognizing	recognize	VERB
ftr-485	42	13	that	that	SCONJ
ftr-485	42	14	large	large	ADJ
ftr-485	42	15	nonperiodic	nonperiodic	ADJ
ftr-485	42	16	payments	payment	NOUN
ftr-485	42	17	in	in	ADP
ftr-485	42	18	interest	interest	NOUN
ftr-485	42	19	rate	rate	NOUN
ftr-485	42	20	swaps	swap	NOUN
ftr-485	42	21	were	be	AUX
ftr-485	42	22	often	often	ADV
ftr-485	42	23	1	1	NUM
ftr-485	42	24	.	.	PUNCT
ftr-485	43	1	see	see	VERB
ftr-485	43	2	u.s	u.s	PROPN
ftr-485	43	3	.	.	PROPN
ftr-485	43	4	gen	gen	PROPN
ftr-485	43	5	.	.	PROPN
ftr-485	43	6	accounting	accounting	PROPN
ftr-485	43	7	office	office	PROPN
ftr-485	43	8	,	,	PUNCT
ftr-485	43	9	report	report	VERB
ftr-485	43	10	no	no	INTJ
ftr-485	43	11	.	.	PUNCT
ftr-485	44	1	gao	gao	PROPN
ftr-485	44	2	/	/	SYM
ftr-485	44	3	ggd-94	ggd-94	PROPN
ftr-485	44	4	-	-	PROPN
ftr-485	44	5	133	133	NUM
ftr-485	44	6	.	.	PUNCT
ftr-485	45	1	financial	financial	ADJ
ftr-485	45	2	derivatives	derivative	NOUN
ftr-485	45	3	(	(	PUNCT
ftr-485	45	4	1994	1994	NUM
ftr-485	45	5	)	)	PUNCT
ftr-485	46	1	[	[	X
ftr-485	46	2	hereinafter	hereinafter	NOUN
ftr-485	46	3	gao	gao	PROPN
ftr-485	46	4	report	report	PROPN
ftr-485	46	5	]	]	PUNCT
ftr-485	46	6	.	.	PUNCT
ftr-485	47	1	this	this	DET
ftr-485	47	2	report	report	NOUN
ftr-485	47	3	contains	contain	VERB
ftr-485	47	4	a	a	DET
ftr-485	47	5	detailed	detailed	ADJ
ftr-485	47	6	analysis	analysis	NOUN
ftr-485	47	7	of	of	ADP
ftr-485	47	8	swaps	swap	NOUN
ftr-485	47	9	,	,	PUNCT
ftr-485	47	10	as	as	ADV
ftr-485	47	11	well	well	ADV
ftr-485	47	12	as	as	ADP
ftr-485	47	13	of	of	ADP
ftr-485	47	14	many	many	ADJ
ftr-485	47	15	types	type	NOUN
ftr-485	47	16	of	of	ADP
ftr-485	47	17	derivatives	derivative	NOUN
ftr-485	47	18	,	,	PUNCT
ftr-485	47	19	and	and	CCONJ
ftr-485	47	20	describes	describe	VERB
ftr-485	47	21	their	their	PRON
ftr-485	47	22	use	use	NOUN
ftr-485	47	23	both	both	PRON
ftr-485	47	24	in	in	ADP
ftr-485	47	25	the	the	DET
ftr-485	47	26	united	united	PROPN
ftr-485	47	27	states	states	PROPN
ftr-485	47	28	and	and	CCONJ
ftr-485	47	29	in	in	ADP
ftr-485	47	30	other	other	ADJ
ftr-485	47	31	countries	country	NOUN
ftr-485	47	32	.	.	PUNCT
ftr-485	48	1	2	2	X
ftr-485	48	2	.	.	X
ftr-485	48	3	regs	reg	NOUN
ftr-485	48	4	.	.	PUNCT
ftr-485	49	1	§	§	PROPN
ftr-485	49	2	1.446	1.446	NUM
ftr-485	49	3	-	-	SYM
ftr-485	49	4	3	3	NUM
ftr-485	49	5	.	.	PUNCT
ftr-485	50	1	the	the	DET
ftr-485	50	2	regulations	regulation	NOUN
ftr-485	50	3	address	address	VERB
ftr-485	50	4	notional	notional	ADJ
ftr-485	50	5	principal	principal	ADJ
ftr-485	50	6	contracts	contract	NOUN
ftr-485	50	7	generally	generally	ADV
ftr-485	50	8	,	,	PUNCT
ftr-485	50	9	but	but	CCONJ
ftr-485	50	10	swaps	swap	NOUN
ftr-485	50	11	are	be	AUX
ftr-485	50	12	the	the	DET
ftr-485	50	13	most	most	ADV
ftr-485	50	14	common	common	ADJ
ftr-485	50	15	type	type	NOUN
ftr-485	50	16	of	of	ADP
ftr-485	50	17	notional	notional	ADJ
ftr-485	50	18	principal	principal	ADJ
ftr-485	50	19	contract	contract	NOUN
ftr-485	50	20	.	.	PUNCT
ftr-485	51	1	see	see	VERB
ftr-485	51	2	infra	infra	NOUN
ftr-485	51	3	part	part	NOUN
ftr-485	51	4	ii.a	ii.a	NOUN
ftr-485	51	5	.	.	PUNCT
ftr-485	52	1	further	far	ADV
ftr-485	52	2	,	,	PUNCT
ftr-485	52	3	the	the	DET
ftr-485	52	4	regulation	regulation	NOUN
ftr-485	52	5	provisions	provision	NOUN
ftr-485	52	6	most	most	ADV
ftr-485	52	7	extensively	extensively	ADV
ftr-485	52	8	analyzed	analyze	VERB
ftr-485	52	9	in	in	ADP
ftr-485	52	10	this	this	DET
ftr-485	52	11	article	article	NOUN
ftr-485	52	12	apply	apply	VERB
ftr-485	52	13	specifically	specifically	ADV
ftr-485	52	14	to	to	ADP
ftr-485	52	15	swaps	swap	NOUN
ftr-485	52	16	.	.	PUNCT
ftr-485	53	1	thus	thus	ADV
ftr-485	53	2	,	,	PUNCT
ftr-485	53	3	§	§	PROPN
ftr-485	53	4	1.446	1.446	NUM
ftr-485	53	5	-	-	SYM
ftr-485	53	6	3	3	NUM
ftr-485	53	7	is	be	AUX
ftr-485	53	8	referred	refer	VERB
ftr-485	53	9	to	to	ADP
ftr-485	53	10	as	as	ADP
ftr-485	53	11	the	the	DET
ftr-485	53	12	"	"	PUNCT
ftr-485	53	13	swap	swap	NOUN
ftr-485	53	14	regulations	regulation	NOUN
ftr-485	53	15	"	"	PUNCT
ftr-485	53	16	in	in	ADP
ftr-485	53	17	this	this	DET
ftr-485	53	18	article	article	NOUN
ftr-485	53	19	.	.	PUNCT
ftr-485	54	1	see	see	VERB
ftr-485	54	2	infra	infra	NOUN
ftr-485	54	3	parts	part	NOUN
ftr-485	54	4	i1	i1	PROPN
ftr-485	54	5	-	-	PUNCT
ftr-485	54	6	ii	ii	PROPN
ftr-485	54	7	for	for	ADP
ftr-485	54	8	definitions	definition	NOUN
ftr-485	54	9	and	and	CCONJ
ftr-485	54	10	discussion	discussion	NOUN
ftr-485	54	11	of	of	ADP
ftr-485	54	12	notional	notional	ADJ
ftr-485	54	13	principal	principal	ADJ
ftr-485	54	14	contracts	contract	NOUN
ftr-485	54	15	,	,	PUNCT
ftr-485	54	16	embedded	embed	VERB
ftr-485	54	17	loans	loan	NOUN
ftr-485	54	18	,	,	PUNCT
ftr-485	54	19	"	"	PUNCT
ftr-485	54	20	large	large	ADJ
ftr-485	54	21	"	"	PUNCT
ftr-485	54	22	nonperiodic	nonperiodic	ADJ
ftr-485	54	23	payments	payment	NOUN
ftr-485	54	24	,	,	PUNCT
ftr-485	54	25	and	and	CCONJ
ftr-485	54	26	off	off	ADP
ftr-485	54	27	-	-	PUNCT
ftr-485	54	28	market	market	NOUN
ftr-485	54	29	interest	interest	NOUN
ftr-485	54	30	rate	rate	NOUN
ftr-485	54	31	swaps	swap	NOUN
ftr-485	54	32	.	.	PUNCT
ftr-485	55	1	3	3	X
ftr-485	55	2	.	.	PUNCT
ftr-485	55	3	according	accord	VERB
ftr-485	55	4	to	to	ADP
ftr-485	55	5	the	the	DET
ftr-485	55	6	commentary	commentary	NOUN
ftr-485	55	7	to	to	ADP
ftr-485	55	8	the	the	DET
ftr-485	55	9	oecd	oecd	PROPN
ftr-485	55	10	model	model	PROPN
ftr-485	55	11	convention	convention	PROPN
ftr-485	55	12	,	,	PUNCT
ftr-485	55	13	the	the	DET
ftr-485	55	14	"	"	PUNCT
ftr-485	55	15	harmful	harmful	ADJ
ftr-485	55	16	effects	effect	NOUN
ftr-485	55	17	[	[	X
ftr-485	55	18	of	of	ADP
ftr-485	55	19	double	double	ADJ
ftr-485	55	20	taxation	taxation	NOUN
ftr-485	55	21	]	]	PUNCT
ftr-485	55	22	on	on	ADP
ftr-485	55	23	the	the	DET
ftr-485	55	24	exchange	exchange	NOUN
ftr-485	55	25	of	of	ADP
ftr-485	55	26	goods	good	NOUN
ftr-485	55	27	and	and	CCONJ
ftr-485	55	28	services	service	NOUN
ftr-485	55	29	and	and	CCONJ
ftr-485	55	30	movements	movement	NOUN
ftr-485	55	31	of	of	ADP
ftr-485	55	32	capital	capital	NOUN
ftr-485	55	33	.	.	PUNCT
ftr-485	56	1	technology	technology	NOUN
ftr-485	56	2	and	and	CCONJ
ftr-485	56	3	persons	person	NOUN
ftr-485	56	4	,	,	PUNCT
ftr-485	56	5	are	be	AUX
ftr-485	56	6	so	so	ADV
ftr-485	56	7	well	well	ADV
ftr-485	56	8	known	know	VERB
ftr-485	56	9	that	that	SCONJ
ftr-485	56	10	it	it	PRON
ftr-485	56	11	is	be	AUX
ftr-485	56	12	hardly	hardly	ADV
ftr-485	56	13	needed	need	VERB
ftr-485	56	14	to	to	PART
ftr-485	56	15	stress	stress	VERB
ftr-485	56	16	the	the	DET
ftr-485	56	17	importance	importance	NOUN
ftr-485	56	18	of	of	ADP
ftr-485	56	19	removing	remove	VERB
ftr-485	56	20	the	the	DET
ftr-485	56	21	obstacles	obstacle	NOUN
ftr-485	56	22	that	that	PRON
ftr-485	56	23	double	double	ADJ
ftr-485	56	24	taxation	taxation	NOUN
ftr-485	56	25	presents	present	NOUN
ftr-485	56	26	to	to	ADP
ftr-485	56	27	the	the	DET
ftr-485	56	28	development	development	NOUN
ftr-485	56	29	of	of	ADP
ftr-485	56	30	economic	economic	ADJ
ftr-485	56	31	relations	relation	NOUN
ftr-485	56	32	between	between	ADP
ftr-485	56	33	countries	country	NOUN
ftr-485	56	34	.	.	PUNCT
ftr-485	56	35	"	"	PUNCT
ftr-485	57	1	committee	committee	NOUN
ftr-485	57	2	on	on	ADP
ftr-485	57	3	fiscal	fiscal	ADJ
ftr-485	57	4	affairs	affair	NOUN
ftr-485	57	5	,	,	PUNCT
ftr-485	57	6	organization	organization	NOUN
ftr-485	57	7	for	for	ADP
ftr-485	57	8	economic	economic	ADJ
ftr-485	57	9	cooperation	cooperation	NOUN
ftr-485	57	10	and	and	CCONJ
ftr-485	57	11	development	development	NOUN
ftr-485	57	12	,	,	PUNCT
ftr-485	57	13	model	model	NOUN
ftr-485	57	14	tax	tax	NOUN
ftr-485	57	15	convention	convention	NOUN
ftr-485	57	16	on	on	ADP
ftr-485	57	17	income	income	NOUN
ftr-485	57	18	and	and	CCONJ
ftr-485	57	19	on	on	ADP
ftr-485	57	20	capital	capital	NOUN
ftr-485	57	21	at	at	ADP
ftr-485	57	22	i-1	i-1	NUM
ftr-485	57	23	.	.	PUNCT
ftr-485	58	1	para	para	NOUN
ftr-485	58	2	.	.	PUNCT
ftr-485	59	1	1	1	NUM
ftr-485	59	2	(	(	PUNCT
ftr-485	59	3	1994	1994	NUM
ftr-485	59	4	)	)	PUNCT
ftr-485	60	1	[	[	X
ftr-485	60	2	hereinafter	hereinafter	NOUN
ftr-485	60	3	1994	1994	NUM
ftr-485	60	4	oecd	oecd	PROPN
ftr-485	60	5	model	model	PROPN
ftr-485	60	6	]	]	PUNCT
ftr-485	60	7	.	.	PUNCT
ftr-485	60	8	19951	19951	NUM
ftr-485	61	1	florida	florida	PROPN
ftr-485	61	2	tax	tax	NOUN
ftr-485	61	3	review	review	NOUN
ftr-485	61	4	used	use	VERB
ftr-485	61	5	to	to	PART
ftr-485	61	6	avoid	avoid	VERB
ftr-485	61	7	or	or	CCONJ
ftr-485	61	8	abuse	abuse	VERB
ftr-485	61	9	tax	tax	NOUN
ftr-485	61	10	,	,	PUNCT
ftr-485	61	11	accounting	accounting	NOUN
ftr-485	61	12	,	,	PUNCT
ftr-485	61	13	or	or	CCONJ
ftr-485	61	14	financial	financial	ADJ
ftr-485	61	15	disclosure	disclosure	NOUN
ftr-485	61	16	policies	policy	NOUN
ftr-485	61	17	.	.	PUNCT
ftr-485	62	1	thus	thus	ADV
ftr-485	62	2	,	,	PUNCT
ftr-485	62	3	the	the	DET
ftr-485	62	4	swap	swap	NOUN
ftr-485	62	5	regulations	regulation	NOUN
ftr-485	62	6	address	address	VERB
ftr-485	62	7	a	a	DET
ftr-485	62	8	real	real	ADJ
ftr-485	62	9	problem	problem	NOUN
ftr-485	62	10	.	.	PUNCT
ftr-485	63	1	however	however	ADV
ftr-485	63	2	,	,	PUNCT
ftr-485	63	3	in	in	ADP
ftr-485	63	4	the	the	DET
ftr-485	63	5	event	event	NOUN
ftr-485	63	6	of	of	ADP
ftr-485	63	7	large	large	ADJ
ftr-485	63	8	and	and	CCONJ
ftr-485	63	9	relatively	relatively	ADV
ftr-485	63	10	quick	quick	ADJ
ftr-485	63	11	changes	change	NOUN
ftr-485	63	12	in	in	ADP
ftr-485	63	13	interest	interest	NOUN
ftr-485	63	14	rates	rate	NOUN
ftr-485	63	15	,	,	PUNCT
ftr-485	63	16	many	many	ADJ
ftr-485	63	17	participants	participant	NOUN
ftr-485	63	18	in	in	ADP
ftr-485	63	19	swaps	swap	NOUN
ftr-485	63	20	may	may	AUX
ftr-485	63	21	wish	wish	VERB
ftr-485	63	22	to	to	PART
ftr-485	63	23	alter	alter	VERB
ftr-485	63	24	or	or	CCONJ
ftr-485	63	25	terminate	terminate	VERB
ftr-485	63	26	their	their	PRON
ftr-485	63	27	swap	swap	NOUN
ftr-485	63	28	obligations	obligation	NOUN
ftr-485	63	29	.	.	PUNCT
ftr-485	64	1	to	to	PART
ftr-485	64	2	do	do	VERB
ftr-485	64	3	this	this	PRON
ftr-485	64	4	,	,	PUNCT
ftr-485	64	5	they	they	PRON
ftr-485	64	6	may	may	AUX
ftr-485	64	7	be	be	AUX
ftr-485	64	8	required	require	VERB
ftr-485	64	9	to	to	PART
ftr-485	64	10	use	use	VERB
ftr-485	64	11	large	large	ADJ
ftr-485	64	12	nonperiodic	nonperiodic	ADJ
ftr-485	64	13	payments	payment	NOUN
ftr-485	64	14	in	in	ADP
ftr-485	64	15	order	order	NOUN
ftr-485	64	16	to	to	PART
ftr-485	64	17	terminate	terminate	VERB
ftr-485	64	18	existing	exist	VERB
ftr-485	64	19	swaps	swap	NOUN
ftr-485	64	20	or	or	CCONJ
ftr-485	64	21	to	to	PART
ftr-485	64	22	hedge	hedge	VERB
ftr-485	64	23	them	they	PRON
ftr-485	64	24	with	with	ADP
ftr-485	64	25	new	new	ADJ
ftr-485	64	26	off	off	ADP
ftr-485	64	27	-	-	PUNCT
ftr-485	64	28	market	market	NOUN
ftr-485	64	29	swaps	swap	NOUN
ftr-485	64	30	.	.	PUNCT
ftr-485	65	1	in	in	ADP
ftr-485	65	2	this	this	DET
ftr-485	65	3	situation	situation	NOUN
ftr-485	65	4	,	,	PUNCT
ftr-485	65	5	confusion	confusion	NOUN
ftr-485	65	6	and	and	CCONJ
ftr-485	65	7	uncertainty	uncertainty	NOUN
ftr-485	65	8	created	create	VERB
ftr-485	65	9	by	by	ADP
ftr-485	65	10	the	the	DET
ftr-485	65	11	swap	swap	NOUN
ftr-485	65	12	regulations	regulation	NOUN
ftr-485	65	13	and	and	CCONJ
ftr-485	65	14	the	the	DET
ftr-485	65	15	potential	potential	NOUN
ftr-485	65	16	for	for	ADP
ftr-485	65	17	double	double	ADJ
ftr-485	65	18	taxation	taxation	NOUN
ftr-485	65	19	may	may	AUX
ftr-485	65	20	have	have	VERB
ftr-485	65	21	a	a	DET
ftr-485	65	22	material	material	ADJ
ftr-485	65	23	effect	effect	NOUN
ftr-485	65	24	on	on	ADP
ftr-485	65	25	swap	swap	NOUN
ftr-485	65	26	liquidity	liquidity	NOUN
ftr-485	65	27	and	and	CCONJ
ftr-485	65	28	pricing	pricing	NOUN
ftr-485	65	29	and	and	CCONJ
ftr-485	65	30	,	,	PUNCT
ftr-485	65	31	consequently	consequently	ADV
ftr-485	65	32	,	,	PUNCT
ftr-485	65	33	on	on	ADP
ftr-485	65	34	the	the	DET
ftr-485	65	35	proper	proper	ADJ
ftr-485	65	36	and	and	CCONJ
ftr-485	65	37	efficient	efficient	ADJ
ftr-485	65	38	operation	operation	NOUN
ftr-485	65	39	of	of	ADP
ftr-485	65	40	the	the	DET
ftr-485	65	41	interest	interest	NOUN
ftr-485	65	42	rate	rate	NOUN
ftr-485	65	43	swap	swap	NOUN
ftr-485	65	44	market	market	NOUN
ftr-485	65	45	.	.	PUNCT
ftr-485	66	1	in	in	ADP
ftr-485	66	2	brief	brief	ADJ
ftr-485	66	3	,	,	PUNCT
ftr-485	66	4	double	double	ADJ
ftr-485	66	5	taxation	taxation	NOUN
ftr-485	66	6	may	may	AUX
ftr-485	66	7	result	result	VERB
ftr-485	66	8	from	from	ADP
ftr-485	66	9	fundamental	fundamental	ADJ
ftr-485	66	10	conceptual	conceptual	ADJ
ftr-485	66	11	differences	difference	NOUN
ftr-485	66	12	among	among	ADP
ftr-485	66	13	countries	country	NOUN
ftr-485	66	14	as	as	ADP
ftr-485	66	15	to	to	ADP
ftr-485	66	16	the	the	DET
ftr-485	66	17	nature	nature	NOUN
ftr-485	66	18	of	of	ADP
ftr-485	66	19	the	the	DET
ftr-485	66	20	income	income	NOUN
ftr-485	66	21	resulting	result	VERB
ftr-485	66	22	from	from	ADP
ftr-485	66	23	nonperiodic	nonperiodic	ADJ
ftr-485	66	24	payments	payment	NOUN
ftr-485	66	25	.	.	PUNCT
ftr-485	67	1	where	where	SCONJ
ftr-485	67	2	two	two	NUM
ftr-485	67	3	countries	country	NOUN
ftr-485	67	4	consider	consider	VERB
ftr-485	67	5	the	the	DET
ftr-485	67	6	same	same	ADJ
ftr-485	67	7	nonperiodic	nonperiodic	ADJ
ftr-485	67	8	swap	swap	NOUN
ftr-485	67	9	payment	payment	NOUN
ftr-485	67	10	to	to	PART
ftr-485	67	11	be	be	AUX
ftr-485	67	12	two	two	NUM
ftr-485	67	13	different	different	ADJ
ftr-485	67	14	forms	form	NOUN
ftr-485	67	15	of	of	ADP
ftr-485	67	16	income	income	NOUN
ftr-485	67	17	,	,	PUNCT
ftr-485	67	18	potentially	potentially	ADV
ftr-485	67	19	fatal	fatal	ADJ
ftr-485	67	20	double	double	ADJ
ftr-485	67	21	taxation	taxation	NOUN
ftr-485	67	22	may	may	AUX
ftr-485	67	23	arise	arise	VERB
ftr-485	67	24	,	,	PUNCT
ftr-485	67	25	even	even	ADV
ftr-485	67	26	if	if	SCONJ
ftr-485	67	27	there	there	PRON
ftr-485	67	28	is	be	VERB
ftr-485	67	29	a	a	DET
ftr-485	67	30	tax	tax	NOUN
ftr-485	67	31	treaty	treaty	NOUN
ftr-485	67	32	between	between	ADP
ftr-485	67	33	them	they	PRON
ftr-485	67	34	.	.	PUNCT
ftr-485	68	1	the	the	DET
ftr-485	68	2	international	international	ADJ
ftr-485	68	3	network	network	NOUN
ftr-485	68	4	of	of	ADP
ftr-485	68	5	bilateral	bilateral	ADJ
ftr-485	68	6	tax	tax	NOUN
ftr-485	68	7	treaties	treaty	NOUN
ftr-485	68	8	generally	generally	ADV
ftr-485	68	9	alleviates	alleviate	VERB
ftr-485	68	10	such	such	ADJ
ftr-485	68	11	tax	tax	NOUN
ftr-485	68	12	barriers	barrier	NOUN
ftr-485	68	13	to	to	ADP
ftr-485	68	14	cross	cross	ADJ
ftr-485	68	15	-	-	ADJ
ftr-485	68	16	border	border	ADJ
ftr-485	68	17	transactions	transaction	NOUN
ftr-485	68	18	.	.	PUNCT
ftr-485	69	1	however	however	ADV
ftr-485	69	2	,	,	PUNCT
ftr-485	69	3	as	as	SCONJ
ftr-485	69	4	new	new	ADJ
ftr-485	69	5	financial	financial	ADJ
ftr-485	69	6	products	product	NOUN
ftr-485	69	7	develop	develop	VERB
ftr-485	69	8	,	,	PUNCT
ftr-485	69	9	they	they	PRON
ftr-485	69	10	often	often	ADV
ftr-485	69	11	do	do	AUX
ftr-485	69	12	not	not	PART
ftr-485	69	13	fit	fit	VERB
ftr-485	69	14	smoothly	smoothly	ADV
ftr-485	69	15	into	into	ADP
ftr-485	69	16	the	the	DET
ftr-485	69	17	double	double	ADJ
ftr-485	69	18	-	-	PUNCT
ftr-485	69	19	taxationeliminating	taxationeliminate	VERB
ftr-485	69	20	treaty	treaty	NOUN
ftr-485	69	21	provisions	provision	NOUN
ftr-485	69	22	.	.	PUNCT
ftr-485	70	1	such	such	ADJ
ftr-485	70	2	is	be	AUX
ftr-485	70	3	the	the	DET
ftr-485	70	4	case	case	NOUN
ftr-485	70	5	with	with	ADP
ftr-485	70	6	off	off	ADP
ftr-485	70	7	-	-	PUNCT
ftr-485	70	8	market	market	NOUN
ftr-485	70	9	interest	interest	NOUN
ftr-485	70	10	rate	rate	NOUN
ftr-485	70	11	swaps	swap	NOUN
ftr-485	70	12	,	,	PUNCT
ftr-485	70	13	as	as	ADV
ftr-485	70	14	well	well	ADV
ftr-485	70	15	as	as	ADP
ftr-485	70	16	with	with	ADP
ftr-485	70	17	other	other	ADJ
ftr-485	70	18	complex	complex	ADJ
ftr-485	70	19	financial	financial	ADJ
ftr-485	70	20	derivatives.4	derivatives.4	PROPN
ftr-485	70	21	this	this	DET
ftr-485	70	22	article	article	NOUN
ftr-485	70	23	first	first	ADV
ftr-485	70	24	analyzes	analyze	VERB
ftr-485	70	25	the	the	DET
ftr-485	70	26	u.s	u.s	PROPN
ftr-485	70	27	.	.	PROPN
ftr-485	70	28	treatment	treatment	NOUN
ftr-485	70	29	of	of	ADP
ftr-485	70	30	off	off	ADP
ftr-485	70	31	-	-	PUNCT
ftr-485	70	32	market	market	NOUN
ftr-485	70	33	interest	interest	NOUN
ftr-485	70	34	rate	rate	NOUN
ftr-485	70	35	swaps	swap	NOUN
ftr-485	70	36	as	as	SCONJ
ftr-485	70	37	established	establish	VERB
ftr-485	70	38	by	by	ADP
ftr-485	70	39	the	the	DET
ftr-485	70	40	swap	swap	NOUN
ftr-485	70	41	regulations	regulation	NOUN
ftr-485	70	42	.	.	PUNCT
ftr-485	70	43	'	'	PUNCT
ftr-485	71	1	it	it	PRON
ftr-485	71	2	critically	critically	ADV
ftr-485	71	3	examines	examine	VERB
ftr-485	71	4	the	the	DET
ftr-485	71	5	re4	re4	PROPN
ftr-485	71	6	.	.	PUNCT
ftr-485	72	1	efforts	effort	NOUN
ftr-485	72	2	are	be	AUX
ftr-485	72	3	now	now	ADV
ftr-485	72	4	being	be	AUX
ftr-485	72	5	made	make	VERB
ftr-485	72	6	to	to	PART
ftr-485	72	7	develop	develop	VERB
ftr-485	72	8	internationally	internationally	ADV
ftr-485	72	9	-	-	PUNCT
ftr-485	72	10	accepted	accept	VERB
ftr-485	72	11	treatments	treatment	NOUN
ftr-485	72	12	of	of	ADP
ftr-485	72	13	derivatives	derivative	NOUN
ftr-485	72	14	,	,	PUNCT
ftr-485	72	15	including	include	VERB
ftr-485	72	16	swaps	swap	NOUN
ftr-485	72	17	.	.	PUNCT
ftr-485	73	1	the	the	DET
ftr-485	73	2	organization	organization	NOUN
ftr-485	73	3	for	for	ADP
ftr-485	73	4	economic	economic	ADJ
ftr-485	73	5	co	co	NOUN
ftr-485	73	6	-	-	NOUN
ftr-485	73	7	operation	operation	NOUN
ftr-485	73	8	and	and	CCONJ
ftr-485	73	9	development	development	NOUN
ftr-485	73	10	(	(	PUNCT
ftr-485	73	11	oecd	oecd	PROPN
ftr-485	73	12	)	)	PUNCT
ftr-485	73	13	is	be	AUX
ftr-485	73	14	exploring	explore	VERB
ftr-485	73	15	in	in	ADP
ftr-485	73	16	its	its	PRON
ftr-485	73	17	working	working	NOUN
ftr-485	73	18	group	group	NOUN
ftr-485	73	19	on	on	ADP
ftr-485	73	20	innovative	innovative	ADJ
ftr-485	73	21	financial	financial	ADJ
ftr-485	73	22	instruments	instrument	NOUN
ftr-485	73	23	means	mean	VERB
ftr-485	73	24	of	of	ADP
ftr-485	73	25	handling	handle	VERB
ftr-485	73	26	derivatives	derivative	NOUN
ftr-485	73	27	under	under	ADP
ftr-485	73	28	its	its	PRON
ftr-485	73	29	model	model	NOUN
ftr-485	73	30	tax	tax	NOUN
ftr-485	73	31	convention	convention	NOUN
ftr-485	73	32	.	.	PUNCT
ftr-485	74	1	also	also	ADV
ftr-485	74	2	,	,	PUNCT
ftr-485	74	3	the	the	DET
ftr-485	74	4	taxation	taxation	NOUN
ftr-485	74	5	of	of	ADP
ftr-485	74	6	derivatives	derivative	NOUN
ftr-485	74	7	was	be	AUX
ftr-485	74	8	one	one	NUM
ftr-485	74	9	of	of	ADP
ftr-485	74	10	the	the	DET
ftr-485	74	11	main	main	ADJ
ftr-485	74	12	themes	theme	NOUN
ftr-485	74	13	at	at	ADP
ftr-485	74	14	the	the	DET
ftr-485	74	15	international	international	ADJ
ftr-485	74	16	fiscal	fiscal	ADJ
ftr-485	74	17	association	association	NOUN
ftr-485	74	18	congress	congress	PROPN
ftr-485	74	19	in	in	ADP
ftr-485	74	20	september	september	PROPN
ftr-485	74	21	1995	1995	NUM
ftr-485	74	22	.	.	PUNCT
ftr-485	75	1	the	the	DET
ftr-485	75	2	general	general	ADJ
ftr-485	75	3	report	report	NOUN
ftr-485	75	4	for	for	ADP
ftr-485	75	5	that	that	DET
ftr-485	75	6	congress	congress	PROPN
ftr-485	75	7	pointed	point	VERB
ftr-485	75	8	out	out	ADP
ftr-485	75	9	,	,	PUNCT
ftr-485	75	10	however	however	ADV
ftr-485	75	11	,	,	PUNCT
ftr-485	75	12	that	that	SCONJ
ftr-485	75	13	international	international	ADJ
ftr-485	75	14	efforts	effort	NOUN
ftr-485	75	15	"	"	PUNCT
ftr-485	75	16	have	have	AUX
ftr-485	75	17	only	only	ADV
ftr-485	75	18	just	just	ADV
ftr-485	75	19	begun	begin	VERB
ftr-485	75	20	to	to	PART
ftr-485	75	21	attempt	attempt	VERB
ftr-485	75	22	the	the	DET
ftr-485	75	23	task	task	NOUN
ftr-485	75	24	of	of	ADP
ftr-485	75	25	forming	form	VERB
ftr-485	75	26	some	some	DET
ftr-485	75	27	international	international	ADJ
ftr-485	75	28	consensus	consensus	NOUN
ftr-485	75	29	regarding	regard	VERB
ftr-485	75	30	the	the	DET
ftr-485	75	31	tax	tax	NOUN
ftr-485	75	32	issues	issue	NOUN
ftr-485	75	33	and	and	CCONJ
ftr-485	75	34	problems	problem	NOUN
ftr-485	75	35	that	that	PRON
ftr-485	75	36	these	these	DET
ftr-485	75	37	new	new	ADJ
ftr-485	75	38	types	type	NOUN
ftr-485	75	39	of	of	ADP
ftr-485	75	40	transactions	transaction	NOUN
ftr-485	75	41	present	present	ADJ
ftr-485	75	42	.	.	PUNCT
ftr-485	75	43	"	"	PUNCT
ftr-485	76	1	charles	charles	PROPN
ftr-485	76	2	t.	t.	PROPN
ftr-485	76	3	plambeck	plambeck	PROPN
ftr-485	76	4	et	et	PROPN
ftr-485	76	5	at	at	ADP
ftr-485	76	6	.	.	PROPN
ftr-485	76	7	,	,	PUNCT
ftr-485	76	8	tax	tax	NOUN
ftr-485	76	9	aspects	aspect	NOUN
ftr-485	76	10	of	of	ADP
ftr-485	76	11	derivative	derivative	ADJ
ftr-485	76	12	financial	financial	ADJ
ftr-485	76	13	instruments	instrument	NOUN
ftr-485	76	14	:	:	PUNCT
ftr-485	76	15	general	general	ADJ
ftr-485	76	16	report	report	NOUN
ftr-485	76	17	,	,	PUNCT
ftr-485	76	18	lxxxb	lxxxb	PROPN
ftr-485	76	19	cahiers	cahier	NOUN
ftr-485	76	20	de	de	X
ftr-485	76	21	droit	droit	PROPN
ftr-485	76	22	fiscal	fiscal	PROPN
ftr-485	76	23	international	international	PROPN
ftr-485	76	24	[	[	X
ftr-485	76	25	c.d	c.d	PROPN
ftr-485	76	26	.	.	PROPN
ftr-485	76	27	fisc	fisc	PROPN
ftr-485	76	28	.	.	PUNCT
ftr-485	77	1	int'l	int'l	VERB
ftr-485	77	2	]	]	X
ftr-485	77	3	1.1	1.1	NUM
ftr-485	77	4	(	(	PUNCT
ftr-485	77	5	1995	1995	NUM
ftr-485	77	6	)	)	PUNCT
ftr-485	77	7	.	.	PUNCT
ftr-485	78	1	see	see	VERB
ftr-485	78	2	gao	gao	PROPN
ftr-485	78	3	report	report	PROPN
ftr-485	78	4	,	,	PUNCT
ftr-485	78	5	supra	supra	PROPN
ftr-485	78	6	note	note	NOUN
ftr-485	78	7	1	1	NUM
ftr-485	78	8	,	,	PUNCT
ftr-485	78	9	at	at	ADP
ftr-485	78	10	116	116	NUM
ftr-485	78	11	(	(	PUNCT
ftr-485	78	12	discussing	discuss	VERB
ftr-485	78	13	international	international	ADJ
ftr-485	78	14	projects	project	NOUN
ftr-485	78	15	related	relate	VERB
ftr-485	78	16	to	to	ADP
ftr-485	78	17	derivative	derivative	ADJ
ftr-485	78	18	regulatory	regulatory	ADJ
ftr-485	78	19	and	and	CCONJ
ftr-485	78	20	tax	tax	NOUN
ftr-485	78	21	harmonization	harmonization	NOUN
ftr-485	78	22	)	)	PUNCT
ftr-485	78	23	.	.	PUNCT
ftr-485	79	1	an	an	DET
ftr-485	79	2	examination	examination	NOUN
ftr-485	79	3	of	of	ADP
ftr-485	79	4	the	the	DET
ftr-485	79	5	taxation	taxation	NOUN
ftr-485	79	6	of	of	ADP
ftr-485	79	7	internationally	internationally	ADV
ftr-485	79	8	-	-	PUNCT
ftr-485	79	9	traded	trade	VERB
ftr-485	79	10	financial	financial	ADJ
ftr-485	79	11	products	product	NOUN
ftr-485	79	12	is	be	AUX
ftr-485	79	13	currently	currently	ADV
ftr-485	79	14	being	be	AUX
ftr-485	79	15	undertaken	undertake	VERB
ftr-485	79	16	by	by	ADP
ftr-485	79	17	the	the	DET
ftr-485	79	18	u.s	u.s	PROPN
ftr-485	79	19	.	.	PROPN
ftr-485	79	20	treasury	treasury	PROPN
ftr-485	79	21	department	department	PROPN
ftr-485	79	22	in	in	ADP
ftr-485	79	23	an	an	DET
ftr-485	79	24	effort	effort	NOUN
ftr-485	79	25	to	to	PART
ftr-485	79	26	solve	solve	VERB
ftr-485	79	27	problems	problem	NOUN
ftr-485	79	28	such	such	ADJ
ftr-485	79	29	as	as	ADP
ftr-485	79	30	those	those	PRON
ftr-485	79	31	discussed	discuss	VERB
ftr-485	79	32	in	in	ADP
ftr-485	79	33	this	this	DET
ftr-485	79	34	paper	paper	NOUN
ftr-485	79	35	.	.	PUNCT
ftr-485	80	1	see	see	VERB
ftr-485	80	2	michael	michael	PROPN
ftr-485	80	3	cosgrove	cosgrove	PROPN
ftr-485	80	4	,	,	PUNCT
ftr-485	80	5	treasury	treasury	PROPN
ftr-485	80	6	undertaking	undertake	VERB
ftr-485	80	7	broad	broad	ADJ
ftr-485	80	8	review	review	NOUN
ftr-485	80	9	of	of	ADP
ftr-485	80	10	financial	financial	ADJ
ftr-485	80	11	services	service	NOUN
ftr-485	80	12	,	,	PUNCT
ftr-485	80	13	beerbower	beerbower	PROPN
ftr-485	80	14	says	say	VERB
ftr-485	80	15	,	,	PUNCT
ftr-485	80	16	daily	daily	PROPN
ftr-485	80	17	tax	tax	PROPN
ftr-485	80	18	rep	rep	PROPN
ftr-485	80	19	.	.	PROPN
ftr-485	80	20	(	(	PUNCT
ftr-485	80	21	bna	bna	PROPN
ftr-485	80	22	)	)	PUNCT
ftr-485	80	23	no	no	NOUN
ftr-485	80	24	.	.	NOUN
ftr-485	80	25	98	98	NUM
ftr-485	80	26	,	,	PUNCT
ftr-485	80	27	at	at	ADP
ftr-485	80	28	g-2	g-2	NOUN
ftr-485	80	29	(	(	PUNCT
ftr-485	80	30	may	may	PROPN
ftr-485	80	31	22	22	NUM
ftr-485	80	32	,	,	PUNCT
ftr-485	80	33	1995	1995	NUM
ftr-485	80	34	)	)	PUNCT
ftr-485	80	35	(	(	PUNCT
ftr-485	80	36	reporting	report	VERB
ftr-485	80	37	on	on	ADP
ftr-485	80	38	the	the	DET
ftr-485	80	39	speech	speech	NOUN
ftr-485	80	40	of	of	ADP
ftr-485	80	41	treasury	treasury	PROPN
ftr-485	80	42	deputy	deputy	NOUN
ftr-485	80	43	assistant	assistant	NOUN
ftr-485	80	44	secretary	secretary	PROPN
ftr-485	80	45	cynthia	cynthia	PROPN
ftr-485	80	46	beerbower	beerbower	PROPN
ftr-485	80	47	to	to	ADP
ftr-485	80	48	the	the	DET
ftr-485	80	49	aba	aba	PROPN
ftr-485	80	50	section	section	NOUN
ftr-485	80	51	of	of	ADP
ftr-485	80	52	taxation	taxation	NOUN
ftr-485	80	53	on	on	ADP
ftr-485	80	54	may	may	PROPN
ftr-485	80	55	19	19	NUM
ftr-485	80	56	,	,	PUNCT
ftr-485	80	57	1995	1995	NUM
ftr-485	80	58	)	)	PUNCT
ftr-485	80	59	.	.	PUNCT
ftr-485	81	1	in	in	ADP
ftr-485	81	2	addition	addition	NOUN
ftr-485	81	3	,	,	PUNCT
ftr-485	81	4	the	the	DET
ftr-485	81	5	treasury	treasury	NOUN
ftr-485	81	6	plans	plan	VERB
ftr-485	81	7	to	to	PART
ftr-485	81	8	issue	issue	VERB
ftr-485	81	9	a	a	DET
ftr-485	81	10	new	new	ADJ
ftr-485	81	11	u.s	u.s	PROPN
ftr-485	81	12	.	.	PROPN
ftr-485	81	13	model	model	PROPN
ftr-485	81	14	income	income	PROPN
ftr-485	81	15	tax	tax	PROPN
ftr-485	81	16	treaty	treaty	NOUN
ftr-485	81	17	,	,	PUNCT
ftr-485	81	18	which	which	PRON
ftr-485	81	19	is	be	AUX
ftr-485	81	20	expected	expect	VERB
ftr-485	81	21	to	to	PART
ftr-485	81	22	address	address	VERB
ftr-485	81	23	financial	financial	ADJ
ftr-485	81	24	instruments	instrument	NOUN
ftr-485	81	25	.	.	PUNCT
ftr-485	82	1	5	5	X
ftr-485	82	2	.	.	X
ftr-485	82	3	see	see	VERB
ftr-485	82	4	also	also	ADV
ftr-485	82	5	steven	steven	PROPN
ftr-485	82	6	d.	d.	PROPN
ftr-485	82	7	conlon	conlon	PROPN
ftr-485	82	8	&	&	CCONJ
ftr-485	82	9	vincent	vincent	PROPN
ftr-485	82	10	m.	m.	PROPN
ftr-485	82	11	aquilino	aquilino	PROPN
ftr-485	82	12	,	,	PUNCT
ftr-485	82	13	u.s	u.s	PROPN
ftr-485	82	14	.	.	PROPN
ftr-485	82	15	tax	tax	NOUN
ftr-485	82	16	considerations	consideration	NOUN
ftr-485	82	17	for	for	ADP
ftr-485	82	18	institutional	institutional	ADJ
ftr-485	82	19	investors	investor	NOUN
ftr-485	82	20	acquiring	acquire	VERB
ftr-485	82	21	derivative	derivative	ADJ
ftr-485	82	22	products	product	NOUN
ftr-485	82	23	:	:	PUNCT
ftr-485	82	24	a	a	DET
ftr-485	82	25	methodology	methodology	NOUN
ftr-485	82	26	for	for	ADP
ftr-485	82	27	evaluating	evaluate	VERB
ftr-485	82	28	tax	tax	NOUN
ftr-485	82	29	risks	risk	NOUN
ftr-485	82	30	,	,	PUNCT
ftr-485	82	31	in	in	ADP
ftr-485	82	32	the	the	DET
ftr-485	82	33	handbook	handbook	NOUN
ftr-485	82	34	of	of	ADP
ftr-485	82	35	derivatives	derivative	NOUN
ftr-485	82	36	&	&	CCONJ
ftr-485	82	37	synthetics	synthetic	NOUN
ftr-485	82	38	759	759	NUM
ftr-485	82	39	(	(	PUNCT
ftr-485	82	40	robert	robert	PROPN
ftr-485	82	41	a.	a.	PROPN
ftr-485	82	42	klein	klein	PROPN
ftr-485	82	43	&	&	CCONJ
ftr-485	82	44	jess	jess	PROPN
ftr-485	82	45	lederman	lederman	PROPN
ftr-485	82	46	eds	eds	PROPN
ftr-485	82	47	.	.	PROPN
ftr-485	82	48	,	,	PUNCT
ftr-485	82	49	1994	1994	NUM
ftr-485	82	50	)	)	PUNCT
ftr-485	82	51	(	(	PUNCT
ftr-485	82	52	detailing	detail	VERB
ftr-485	82	53	u.s	u.s	PROPN
ftr-485	82	54	.	.	PROPN
ftr-485	82	55	taxation	taxation	NOUN
ftr-485	82	56	of	of	ADP
ftr-485	82	57	derivative	derivative	ADJ
ftr-485	82	58	products	product	NOUN
ftr-485	82	59	)	)	PUNCT
ftr-485	82	60	.	.	PUNCT
ftr-485	83	1	for	for	ADP
ftr-485	83	2	the	the	DET
ftr-485	83	3	taxation	taxation	NOUN
ftr-485	83	4	of	of	ADP
ftr-485	83	5	another	another	DET
ftr-485	83	6	type	type	NOUN
ftr-485	83	7	of	of	ADP
ftr-485	83	8	derivative	derivative	ADJ
ftr-485	83	9	product	product	NOUN
ftr-485	83	10	,	,	PUNCT
ftr-485	83	11	options	option	NOUN
ftr-485	83	12	,	,	PUNCT
ftr-485	83	13	see	see	VERB
ftr-485	83	14	bruce	bruce	PROPN
ftr-485	83	15	kayle	kayle	PROPN
ftr-485	83	16	,	,	PUNCT
ftr-485	83	17	realization	realization	NOUN
ftr-485	83	18	without	without	ADP
ftr-485	83	19	taxation	taxation	NOUN
ftr-485	83	20	?	?	PUNCT
ftr-485	84	1	the	the	DET
ftr-485	84	2	not	not	PART
ftr-485	84	3	-	-	PUNCT
ftr-485	84	4	soclear	soclear	NOUN
ftr-485	84	5	reflection	reflection	NOUN
ftr-485	84	6	of	of	ADP
ftr-485	84	7	income	income	NOUN
ftr-485	84	8	from	from	ADP
ftr-485	84	9	an	an	DET
ftr-485	84	10	option	option	NOUN
ftr-485	84	11	to	to	PART
ftr-485	84	12	acquire	acquire	VERB
ftr-485	84	13	property	property	NOUN
ftr-485	84	14	,	,	PUNCT
ftr-485	84	15	48	48	NUM
ftr-485	84	16	tax	tax	NOUN
ftr-485	84	17	l.	l.	PROPN
ftr-485	84	18	rev	rev	PROPN
ftr-485	84	19	.	.	PROPN
ftr-485	84	20	233	233	NUM
ftr-485	84	21	(	(	PUNCT
ftr-485	84	22	1993	1993	NUM
ftr-485	84	23	)	)	PUNCT
ftr-485	84	24	;	;	PUNCT
ftr-485	85	1	[	[	X
ftr-485	85	2	vol	vol	NOUN
ftr-485	85	3	2:11	2:11	NUM
ftr-485	85	4	the	the	DET
ftr-485	85	5	recharacterization	recharacterization	NOUN
ftr-485	85	6	of	of	ADP
ftr-485	85	7	cross	cross	ADJ
ftr-485	85	8	-	-	ADJ
ftr-485	85	9	border	border	ADJ
ftr-485	85	10	interest	interest	NOUN
ftr-485	85	11	rate	rate	NOUN
ftr-485	85	12	swaps	swap	NOUN
ftr-485	85	13	characterization	characterization	NOUN
ftr-485	85	14	process	process	NOUN
ftr-485	85	15	and	and	CCONJ
ftr-485	85	16	explains	explain	VERB
ftr-485	85	17	how	how	SCONJ
ftr-485	85	18	recharacterization	recharacterization	ADJ
ftr-485	85	19	,	,	PUNCT
ftr-485	85	20	while	while	SCONJ
ftr-485	85	21	addressing	address	VERB
ftr-485	85	22	a	a	DET
ftr-485	85	23	real	real	ADJ
ftr-485	85	24	problem	problem	NOUN
ftr-485	85	25	in	in	ADP
ftr-485	85	26	some	some	DET
ftr-485	85	27	cases	case	NOUN
ftr-485	85	28	,	,	PUNCT
ftr-485	85	29	also	also	ADV
ftr-485	85	30	lays	lay	VERB
ftr-485	85	31	the	the	DET
ftr-485	85	32	foundation	foundation	NOUN
ftr-485	85	33	for	for	ADP
ftr-485	85	34	the	the	DET
ftr-485	85	35	imposition	imposition	NOUN
ftr-485	85	36	of	of	ADP
ftr-485	85	37	unexpected	unexpected	ADJ
ftr-485	85	38	,	,	PUNCT
ftr-485	85	39	and	and	CCONJ
ftr-485	85	40	unwanted	unwanted	ADJ
ftr-485	85	41	,	,	PUNCT
ftr-485	85	42	double	double	ADJ
ftr-485	85	43	taxation	taxation	NOUN
ftr-485	85	44	of	of	ADP
ftr-485	85	45	cross	cross	ADJ
ftr-485	85	46	-	-	ADJ
ftr-485	85	47	border	border	ADJ
ftr-485	85	48	swaps	swap	NOUN
ftr-485	85	49	with	with	ADP
ftr-485	85	50	a	a	DET
ftr-485	85	51	u.s	u.s	PROPN
ftr-485	85	52	.	.	PROPN
ftr-485	85	53	counterparty	counterparty	PROPN
ftr-485	85	54	.	.	PUNCT
ftr-485	86	1	the	the	DET
ftr-485	86	2	remainder	remainder	NOUN
ftr-485	86	3	of	of	ADP
ftr-485	86	4	the	the	DET
ftr-485	86	5	article	article	NOUN
ftr-485	86	6	is	be	AUX
ftr-485	86	7	a	a	DET
ftr-485	86	8	broader	broad	ADJ
ftr-485	86	9	examination	examination	NOUN
ftr-485	86	10	of	of	ADP
ftr-485	86	11	how	how	SCONJ
ftr-485	86	12	and	and	CCONJ
ftr-485	86	13	why	why	SCONJ
ftr-485	86	14	double	double	ADJ
ftr-485	86	15	taxation	taxation	NOUN
ftr-485	86	16	of	of	ADP
ftr-485	86	17	the	the	DET
ftr-485	86	18	income	income	NOUN
ftr-485	86	19	resulting	result	VERB
ftr-485	86	20	from	from	ADP
ftr-485	86	21	these	these	DET
ftr-485	86	22	swaps	swap	NOUN
ftr-485	86	23	may	may	AUX
ftr-485	86	24	arise	arise	VERB
ftr-485	86	25	when	when	SCONJ
ftr-485	86	26	one	one	NUM
ftr-485	86	27	of	of	ADP
ftr-485	86	28	the	the	DET
ftr-485	86	29	contracting	contracting	NOUN
ftr-485	86	30	parties	party	NOUN
ftr-485	86	31	is	be	AUX
ftr-485	86	32	a	a	DET
ftr-485	86	33	resident	resident	NOUN
ftr-485	86	34	of	of	ADP
ftr-485	86	35	the	the	DET
ftr-485	86	36	united	united	PROPN
ftr-485	86	37	states	states	PROPN
ftr-485	86	38	or	or	CCONJ
ftr-485	86	39	of	of	ADP
ftr-485	86	40	another	another	DET
ftr-485	86	41	country	country	NOUN
ftr-485	86	42	that	that	PRON
ftr-485	86	43	were	be	AUX
ftr-485	86	44	to	to	ADP
ftr-485	86	45	tax	tax	NOUN
ftr-485	86	46	income	income	NOUN
ftr-485	86	47	from	from	ADP
ftr-485	86	48	such	such	ADJ
ftr-485	86	49	swaps	swap	NOUN
ftr-485	86	50	in	in	ADP
ftr-485	86	51	a	a	DET
ftr-485	86	52	manner	manner	NOUN
ftr-485	86	53	similar	similar	ADJ
ftr-485	86	54	to	to	ADP
ftr-485	86	55	that	that	PRON
ftr-485	86	56	of	of	ADP
ftr-485	86	57	the	the	DET
ftr-485	86	58	swap	swap	NOUN
ftr-485	86	59	regulations	regulation	NOUN
ftr-485	86	60	.	.	PUNCT
ftr-485	87	1	the	the	DET
ftr-485	87	2	final	final	ADJ
ftr-485	87	3	section	section	NOUN
ftr-485	87	4	presents	present	VERB
ftr-485	87	5	some	some	DET
ftr-485	87	6	potential	potential	ADJ
ftr-485	87	7	solutions	solution	NOUN
ftr-485	87	8	to	to	ADP
ftr-485	87	9	the	the	DET
ftr-485	87	10	double	double	ADJ
ftr-485	87	11	taxation	taxation	NOUN
ftr-485	87	12	problems	problem	NOUN
ftr-485	87	13	discussed	discuss	VERB
ftr-485	87	14	in	in	ADP
ftr-485	87	15	the	the	DET
ftr-485	87	16	article	article	NOUN
ftr-485	87	17	.	.	PUNCT
ftr-485	88	1	ii	ii	PROPN
ftr-485	88	2	.	.	PUNCT
ftr-485	89	1	notional	notional	ADJ
ftr-485	89	2	principal	principal	ADJ
ftr-485	89	3	contract	contract	NOUN
ftr-485	89	4	and	and	CCONJ
ftr-485	89	5	swap	swap	NOUN
ftr-485	89	6	definitions	definition	NOUN
ftr-485	89	7	a.	a.	NOUN
ftr-485	89	8	what	what	PRON
ftr-485	89	9	are	be	AUX
ftr-485	89	10	notional	notional	ADJ
ftr-485	89	11	principal	principal	ADJ
ftr-485	89	12	contracts	contract	NOUN
ftr-485	89	13	and	and	CCONJ
ftr-485	89	14	swaps	swap	NOUN
ftr-485	89	15	?	?	PUNCT
ftr-485	90	1	the	the	DET
ftr-485	90	2	swap	swap	NOUN
ftr-485	90	3	regulations	regulation	NOUN
ftr-485	90	4	define	define	VERB
ftr-485	90	5	a	a	DET
ftr-485	90	6	notional	notional	ADJ
ftr-485	90	7	principal	principal	ADJ
ftr-485	90	8	contract	contract	NOUN
ftr-485	90	9	as	as	ADP
ftr-485	90	10	"	"	PUNCT
ftr-485	90	11	a	a	DET
ftr-485	90	12	financial	financial	ADJ
ftr-485	90	13	instrument	instrument	NOUN
ftr-485	90	14	that	that	PRON
ftr-485	90	15	provides	provide	VERB
ftr-485	90	16	for	for	ADP
ftr-485	90	17	the	the	DET
ftr-485	90	18	payment	payment	NOUN
ftr-485	90	19	of	of	ADP
ftr-485	90	20	amounts	amount	NOUN
ftr-485	90	21	by	by	ADP
ftr-485	90	22	one	one	NUM
ftr-485	90	23	party	party	NOUN
ftr-485	90	24	to	to	ADP
ftr-485	90	25	another	another	PRON
ftr-485	90	26	at	at	ADP
ftr-485	90	27	specified	specify	VERB
ftr-485	90	28	intervals	interval	NOUN
ftr-485	90	29	calculated	calculate	VERB
ftr-485	90	30	by	by	ADP
ftr-485	90	31	reference	reference	NOUN
ftr-485	90	32	to	to	ADP
ftr-485	90	33	a	a	DET
ftr-485	90	34	specified	specified	ADJ
ftr-485	90	35	index	index	NOUN
ftr-485	90	36	upon	upon	SCONJ
ftr-485	90	37	a	a	DET
ftr-485	90	38	notional	notional	ADJ
ftr-485	90	39	principal	principal	ADJ
ftr-485	90	40	amount	amount	NOUN
ftr-485	90	41	in	in	ADP
ftr-485	90	42	exchange	exchange	NOUN
ftr-485	90	43	for	for	ADP
ftr-485	90	44	specified	specify	VERB
ftr-485	90	45	consideration	consideration	NOUN
ftr-485	90	46	or	or	CCONJ
ftr-485	90	47	a	a	DET
ftr-485	90	48	promise	promise	NOUN
ftr-485	90	49	to	to	PART
ftr-485	90	50	pay	pay	VERB
ftr-485	90	51	similar	similar	ADJ
ftr-485	90	52	amounts	amount	NOUN
ftr-485	90	53	.	.	PUNCT
ftr-485	91	1	"6	"6	VERB
ftr-485	91	2	more	more	ADV
ftr-485	91	3	concisely	concisely	ADV
ftr-485	91	4	,	,	PUNCT
ftr-485	91	5	a	a	DET
ftr-485	91	6	notional	notional	ADJ
ftr-485	91	7	principal	principal	ADJ
ftr-485	91	8	contract	contract	NOUN
ftr-485	91	9	is	be	AUX
ftr-485	91	10	an	an	DET
ftr-485	91	11	executory	executory	ADJ
ftr-485	91	12	contract	contract	NOUN
ftr-485	91	13	whereby	whereby	SCONJ
ftr-485	91	14	two	two	NUM
ftr-485	91	15	parties	party	NOUN
ftr-485	91	16	agree	agree	VERB
ftr-485	91	17	to	to	PART
ftr-485	91	18	make	make	VERB
ftr-485	91	19	future	future	ADJ
ftr-485	91	20	payments	payment	NOUN
ftr-485	91	21	based	base	VERB
ftr-485	91	22	on	on	ADP
ftr-485	91	23	an	an	DET
ftr-485	91	24	agreed	agree	VERB
ftr-485	91	25	upon	upon	SCONJ
ftr-485	91	26	index	index	NOUN
ftr-485	91	27	and	and	CCONJ
ftr-485	91	28	notional	notional	ADJ
ftr-485	91	29	principal	principal	ADJ
ftr-485	91	30	amount	amount	NOUN
ftr-485	91	31	.	.	PUNCT
ftr-485	92	1	types	type	NOUN
ftr-485	92	2	of	of	ADP
ftr-485	92	3	notional	notional	ADJ
ftr-485	92	4	principal	principal	ADJ
ftr-485	92	5	contracts	contract	NOUN
ftr-485	92	6	include	include	VERB
ftr-485	92	7	commodity	commodity	NOUN
ftr-485	92	8	swaps	swap	NOUN
ftr-485	92	9	,	,	PUNCT
ftr-485	92	10	basis	basis	NOUN
ftr-485	92	11	swaps	swap	NOUN
ftr-485	92	12	,	,	PUNCT
ftr-485	92	13	equity	equity	NOUN
ftr-485	92	14	swaps	swap	NOUN
ftr-485	92	15	,	,	PUNCT
ftr-485	92	16	interest	interest	NOUN
ftr-485	92	17	rate	rate	NOUN
ftr-485	92	18	caps	cap	NOUN
ftr-485	92	19	,	,	PUNCT
ftr-485	92	20	collars	collar	NOUN
ftr-485	92	21	,	,	PUNCT
ftr-485	92	22	floors	floor	NOUN
ftr-485	92	23	,	,	PUNCT
ftr-485	92	24	currency	currency	NOUN
ftr-485	92	25	swaps	swap	NOUN
ftr-485	92	26	,	,	PUNCT
ftr-485	92	27	and	and	CCONJ
ftr-485	92	28	interest	interest	NOUN
ftr-485	92	29	rate	rate	NOUN
ftr-485	92	30	swaps.7	swaps.7	NOUN
ftr-485	92	31	of	of	ADP
ftr-485	92	32	these	these	PRON
ftr-485	92	33	,	,	PUNCT
ftr-485	92	34	interest	interest	NOUN
ftr-485	92	35	rate	rate	NOUN
ftr-485	92	36	swaps	swap	NOUN
ftr-485	92	37	are	be	AUX
ftr-485	92	38	among	among	ADP
ftr-485	92	39	the	the	DET
ftr-485	92	40	most	most	ADV
ftr-485	92	41	common	common	ADJ
ftr-485	92	42	.	.	PUNCT
ftr-485	93	1	an	an	DET
ftr-485	93	2	interest	interest	NOUN
ftr-485	93	3	rate	rate	NOUN
ftr-485	93	4	swap	swap	NOUN
ftr-485	93	5	is	be	AUX
ftr-485	93	6	a	a	DET
ftr-485	93	7	contract	contract	NOUN
ftr-485	93	8	by	by	ADP
ftr-485	93	9	which	which	PRON
ftr-485	93	10	two	two	NUM
ftr-485	93	11	contracting	contracting	NOUN
ftr-485	93	12	parties	party	NOUN
ftr-485	93	13	(	(	PUNCT
ftr-485	93	14	the	the	DET
ftr-485	93	15	counterparties	counterpartie	NOUN
ftr-485	93	16	)	)	PUNCT
ftr-485	93	17	agree	agree	VERB
ftr-485	93	18	to	to	PART
ftr-485	93	19	exchange	exchange	VERB
ftr-485	93	20	sets	set	NOUN
ftr-485	93	21	of	of	ADP
ftr-485	93	22	cash	cash	NOUN
ftr-485	93	23	flows	flow	NOUN
ftr-485	93	24	with	with	ADP
ftr-485	93	25	one	one	NUM
ftr-485	93	26	another	another	DET
ftr-485	93	27	.	.	PUNCT
ftr-485	94	1	in	in	ADP
ftr-485	94	2	a	a	DET
ftr-485	94	3	typical	typical	ADJ
ftr-485	94	4	interest	interest	NOUN
ftr-485	94	5	rate	rate	NOUN
ftr-485	94	6	swap	swap	NOUN
ftr-485	94	7	,	,	PUNCT
ftr-485	94	8	the	the	DET
ftr-485	94	9	payments	payment	NOUN
ftr-485	94	10	from	from	ADP
ftr-485	94	11	one	one	NUM
ftr-485	94	12	party	party	NOUN
ftr-485	94	13	are	be	AUX
ftr-485	94	14	determined	determine	VERB
ftr-485	94	15	by	by	ADP
ftr-485	94	16	reference	reference	NOUN
ftr-485	94	17	to	to	ADP
ftr-485	94	18	a	a	DET
ftr-485	94	19	floating	float	VERB
ftr-485	94	20	interest	interest	NOUN
ftr-485	94	21	rate	rate	NOUN
ftr-485	94	22	on	on	ADP
ftr-485	94	23	a	a	DET
ftr-485	94	24	stated	state	VERB
ftr-485	94	25	principal	principal	ADJ
ftr-485	94	26	amount	amount	NOUN
ftr-485	94	27	(	(	PUNCT
ftr-485	94	28	the	the	DET
ftr-485	94	29	notional	notional	ADJ
ftr-485	94	30	principal	principal	NOUN
ftr-485	94	31	)	)	PUNCT
ftr-485	94	32	,	,	PUNCT
ftr-485	94	33	while	while	SCONJ
ftr-485	94	34	the	the	DET
ftr-485	94	35	other	other	ADJ
ftr-485	94	36	party	party	NOUN
ftr-485	94	37	bases	base	VERB
ftr-485	94	38	its	its	PRON
ftr-485	94	39	payments	payment	NOUN
ftr-485	94	40	on	on	ADP
ftr-485	94	41	a	a	DET
ftr-485	94	42	specified	specify	VERB
ftr-485	94	43	for	for	ADP
ftr-485	94	44	taxation	taxation	NOUN
ftr-485	94	45	of	of	ADP
ftr-485	94	46	equity	equity	NOUN
ftr-485	94	47	swaps	swap	NOUN
ftr-485	94	48	,	,	PUNCT
ftr-485	94	49	edward	edward	PROPN
ftr-485	94	50	d.	d.	PROPN
ftr-485	94	51	kleinbard	kleinbard	PROPN
ftr-485	94	52	.	.	PUNCT
ftr-485	95	1	equity	equity	NOUN
ftr-485	95	2	derivative	derivative	ADJ
ftr-485	95	3	products	product	NOUN
ftr-485	95	4	:	:	PUNCT
ftr-485	95	5	financial	financial	ADJ
ftr-485	95	6	innovation	innovation	NOUN
ftr-485	95	7	's	's	PART
ftr-485	95	8	newest	new	ADJ
ftr-485	95	9	challenge	challenge	NOUN
ftr-485	95	10	to	to	ADP
ftr-485	95	11	the	the	DET
ftr-485	95	12	tax	tax	NOUN
ftr-485	95	13	system	system	NOUN
ftr-485	95	14	.	.	PUNCT
ftr-485	96	1	69	69	NUM
ftr-485	96	2	tex	tex	PROPN
ftr-485	96	3	.	.	PROPN
ftr-485	96	4	l.	l.	PROPN
ftr-485	96	5	rev	rev	PROPN
ftr-485	96	6	.	.	PROPN
ftr-485	96	7	1319	1319	NUM
ftr-485	96	8	(	(	PUNCT
ftr-485	96	9	1991	1991	NUM
ftr-485	96	10	):	):	PUNCT
ftr-485	96	11	for	for	ADP
ftr-485	96	12	analysis	analysis	NOUN
ftr-485	96	13	of	of	ADP
ftr-485	96	14	the	the	DET
ftr-485	96	15	taxation	taxation	NOUN
ftr-485	96	16	of	of	ADP
ftr-485	96	17	other	other	ADJ
ftr-485	96	18	types	type	NOUN
ftr-485	96	19	of	of	ADP
ftr-485	96	20	swaps	swap	NOUN
ftr-485	96	21	,	,	PUNCT
ftr-485	96	22	lewis	lewis	PROPN
ftr-485	96	23	r.	r.	PROPN
ftr-485	96	24	steinberg	steinberg	PROPN
ftr-485	96	25	,	,	PUNCT
ftr-485	96	26	selected	select	VERB
ftr-485	96	27	issues	issue	NOUN
ftr-485	96	28	in	in	ADP
ftr-485	96	29	the	the	DET
ftr-485	96	30	taxation	taxation	NOUN
ftr-485	96	31	of	of	ADP
ftr-485	96	32	swaps	swap	NOUN
ftr-485	96	33	,	,	PUNCT
ftr-485	96	34	structured	structure	VERB
ftr-485	96	35	finance	finance	NOUN
ftr-485	96	36	and	and	CCONJ
ftr-485	96	37	other	other	ADJ
ftr-485	96	38	financial	financial	ADJ
ftr-485	96	39	products	product	NOUN
ftr-485	96	40	,	,	PUNCT
ftr-485	96	41	i	i	PRON
ftr-485	96	42	fla	fla	PROPN
ftr-485	96	43	.	.	PUNCT
ftr-485	97	1	tax	tax	PROPN
ftr-485	97	2	rev	rev	PROPN
ftr-485	97	3	.	.	PROPN
ftr-485	97	4	263	263	NUM
ftr-485	97	5	(	(	PUNCT
ftr-485	97	6	1993	1993	NUM
ftr-485	97	7	)	)	PUNCT
ftr-485	97	8	;	;	PUNCT
ftr-485	97	9	for	for	ADP
ftr-485	97	10	discussion	discussion	NOUN
ftr-485	97	11	of	of	ADP
ftr-485	97	12	policy	policy	NOUN
ftr-485	97	13	approaches	approach	NOUN
ftr-485	97	14	towards	towards	ADP
ftr-485	97	15	the	the	DET
ftr-485	97	16	taxation	taxation	NOUN
ftr-485	97	17	of	of	ADP
ftr-485	97	18	financial	financial	ADJ
ftr-485	97	19	products	product	NOUN
ftr-485	97	20	,	,	PUNCT
ftr-485	97	21	see	see	VERB
ftr-485	97	22	alvin	alvin	PROPN
ftr-485	97	23	c.	c.	PROPN
ftr-485	97	24	warren	warren	PROPN
ftr-485	97	25	,	,	PUNCT
ftr-485	97	26	jr	jr	PROPN
ftr-485	97	27	.	.	PROPN
ftr-485	97	28	,	,	PUNCT
ftr-485	97	29	financial	financial	ADJ
ftr-485	97	30	contract	contract	NOUN
ftr-485	97	31	innovation	innovation	NOUN
ftr-485	97	32	and	and	CCONJ
ftr-485	97	33	income	income	NOUN
ftr-485	97	34	tax	tax	NOUN
ftr-485	97	35	policy	policy	NOUN
ftr-485	97	36	,	,	PUNCT
ftr-485	97	37	107	107	NUM
ftr-485	97	38	harv	harv	NOUN
ftr-485	97	39	.	.	PUNCT
ftr-485	98	1	l	l	PROPN
ftr-485	98	2	rev	rev	VERB
ftr-485	98	3	.	.	PROPN
ftr-485	99	1	460	460	NUM
ftr-485	99	2	(	(	PUNCT
ftr-485	99	3	1993	1993	NUM
ftr-485	99	4	)	)	PUNCT
ftr-485	99	5	;	;	PUNCT
ftr-485	99	6	for	for	ADP
ftr-485	99	7	taxation	taxation	NOUN
ftr-485	99	8	of	of	ADP
ftr-485	99	9	dispositions	disposition	NOUN
ftr-485	99	10	of	of	ADP
ftr-485	99	11	interest	interest	NOUN
ftr-485	99	12	rate	rate	NOUN
ftr-485	99	13	swaps	swap	NOUN
ftr-485	99	14	.	.	PUNCT
ftr-485	100	1	see	see	VERB
ftr-485	100	2	eugene	eugene	PROPN
ftr-485	100	3	y.	y.	PROPN
ftr-485	100	4	ferrer	ferrer	PROPN
ftr-485	100	5	,	,	PUNCT
ftr-485	100	6	comment	comment	NOUN
ftr-485	100	7	,	,	PUNCT
ftr-485	100	8	tax	tax	NOUN
ftr-485	100	9	treatment	treatment	NOUN
ftr-485	100	10	of	of	ADP
ftr-485	100	11	interest	interest	NOUN
ftr-485	100	12	rate	rate	NOUN
ftr-485	100	13	swaps	swap	NOUN
ftr-485	100	14	at	at	ADP
ftr-485	100	15	disposal	disposal	NOUN
ftr-485	100	16	:	:	PUNCT
ftr-485	100	17	should	should	AUX
ftr-485	100	18	swap	swap	VERB
ftr-485	100	19	participants	participant	NOUN
ftr-485	100	20	have	have	VERB
ftr-485	100	21	their	their	PRON
ftr-485	100	22	cake	cake	NOUN
ftr-485	100	23	and	and	CCONJ
ftr-485	100	24	eat	eat	VERB
ftr-485	100	25	it	it	PRON
ftr-485	100	26	too	too	ADV
ftr-485	100	27	?	?	PUNCT
ftr-485	100	28	,	,	PUNCT
ftr-485	100	29	26	26	NUM
ftr-485	100	30	u.s.f	u.s.f	ADJ
ftr-485	100	31	.	.	PUNCT
ftr-485	100	32	l.	l.	PROPN
ftr-485	100	33	rev	rev	PROPN
ftr-485	100	34	.	.	PROPN
ftr-485	100	35	283	283	NUM
ftr-485	100	36	(	(	PUNCT
ftr-485	100	37	1992	1992	NUM
ftr-485	100	38	)	)	PUNCT
ftr-485	100	39	.	.	PUNCT
ftr-485	101	1	see	see	VERB
ftr-485	101	2	generally	generally	ADV
ftr-485	101	3	reed	reed	PROPN
ftr-485	101	4	shuldiner	shuldiner	PROPN
ftr-485	101	5	,	,	PUNCT
ftr-485	101	6	a	a	DET
ftr-485	101	7	general	general	ADJ
ftr-485	101	8	approach	approach	NOUN
ftr-485	101	9	to	to	ADP
ftr-485	101	10	the	the	DET
ftr-485	101	11	taxation	taxation	NOUN
ftr-485	101	12	of	of	ADP
ftr-485	101	13	financial	financial	ADJ
ftr-485	101	14	instruments	instrument	NOUN
ftr-485	101	15	,	,	PUNCT
ftr-485	101	16	71	71	NUM
ftr-485	101	17	tex	tex	PROPN
ftr-485	101	18	.	.	PROPN
ftr-485	101	19	l.	l.	PROPN
ftr-485	101	20	rev	rev	PROPN
ftr-485	101	21	.	.	PROPN
ftr-485	102	1	243	243	NUM
ftr-485	102	2	(	(	PUNCT
ftr-485	102	3	1992	1992	NUM
ftr-485	102	4	)	)	PUNCT
ftr-485	102	5	.	.	PUNCT
ftr-485	103	1	6	6	X
ftr-485	103	2	.	.	X
ftr-485	103	3	regs	reg	NOUN
ftr-485	103	4	.	.	PUNCT
ftr-485	104	1	§	§	PROPN
ftr-485	104	2	1.446	1.446	NUM
ftr-485	104	3	-	-	NUM
ftr-485	104	4	3(c)(1)(i	3(c)(1)(i	NUM
ftr-485	104	5	)	)	PUNCT
ftr-485	104	6	.	.	PUNCT
ftr-485	105	1	7	7	X
ftr-485	105	2	.	.	X
ftr-485	105	3	for	for	ADP
ftr-485	105	4	a	a	DET
ftr-485	105	5	comprehensive	comprehensive	ADJ
ftr-485	105	6	treatment	treatment	NOUN
ftr-485	105	7	of	of	ADP
ftr-485	105	8	financial	financial	ADJ
ftr-485	105	9	products	product	NOUN
ftr-485	105	10	,	,	PUNCT
ftr-485	105	11	see	see	VERB
ftr-485	105	12	generally	generally	ADV
ftr-485	105	13	andrea	andrea	PROPN
ftr-485	105	14	s.	s.	PROPN
ftr-485	105	15	kramer	kramer	PROPN
ftr-485	105	16	,	,	PUNCT
ftr-485	105	17	financial	financial	ADJ
ftr-485	105	18	products	product	NOUN
ftr-485	105	19	:	:	PUNCT
ftr-485	105	20	taxation	taxation	NOUN
ftr-485	105	21	,	,	PUNCT
ftr-485	105	22	regulation	regulation	NOUN
ftr-485	105	23	,	,	PUNCT
ftr-485	105	24	and	and	CCONJ
ftr-485	105	25	design	design	NOUN
ftr-485	105	26	(	(	PUNCT
ftr-485	105	27	rev	rev	PROPN
ftr-485	105	28	.	.	PROPN
ftr-485	106	1	ed	ed	NOUN
ftr-485	106	2	.	.	PROPN
ftr-485	106	3	1991	1991	NUM
ftr-485	106	4	and	and	CCONJ
ftr-485	106	5	supp	supp	PROPN
ftr-485	106	6	.	.	PUNCT
ftr-485	107	1	1994	1994	NUM
ftr-485	107	2	)	)	PUNCT
ftr-485	108	1	[	[	X
ftr-485	108	2	hereinafter	hereinafter	NOUN
ftr-485	108	3	kramer	kramer	PROPN
ftr-485	108	4	,	,	PUNCT
ftr-485	108	5	financial	financial	ADJ
ftr-485	108	6	products	product	NOUN
ftr-485	108	7	]	]	PUNCT
ftr-485	108	8	.	.	PUNCT
ftr-485	109	1	for	for	ADP
ftr-485	109	2	a	a	DET
ftr-485	109	3	discussion	discussion	NOUN
ftr-485	109	4	of	of	ADP
ftr-485	109	5	the	the	DET
ftr-485	109	6	various	various	ADJ
ftr-485	109	7	types	type	NOUN
ftr-485	109	8	of	of	ADP
ftr-485	109	9	derivatives	derivative	NOUN
ftr-485	109	10	and	and	CCONJ
ftr-485	109	11	their	their	PRON
ftr-485	109	12	underlying	underlie	VERB
ftr-485	109	13	economics	economic	NOUN
ftr-485	109	14	,	,	PUNCT
ftr-485	109	15	see	see	VERB
ftr-485	109	16	generally	generally	ADV
ftr-485	109	17	john	john	PROPN
ftr-485	109	18	c.	c.	PROPN
ftr-485	109	19	hull	hull	PROPN
ftr-485	109	20	,	,	PUNCT
ftr-485	109	21	options	option	NOUN
ftr-485	109	22	.	.	PUNCT
ftr-485	110	1	futures	future	NOUN
ftr-485	110	2	,	,	PUNCT
ftr-485	110	3	and	and	CCONJ
ftr-485	110	4	other	other	ADJ
ftr-485	110	5	derivative	derivative	ADJ
ftr-485	110	6	securities	security	NOUN
ftr-485	110	7	(	(	PUNCT
ftr-485	110	8	2d	2d	NUM
ftr-485	110	9	ed	ed	NOUN
ftr-485	110	10	.	.	PROPN
ftr-485	110	11	1993	1993	NUM
ftr-485	110	12	)	)	PUNCT
ftr-485	110	13	.	.	PUNCT
ftr-485	110	14	19951	19951	NUM
ftr-485	111	1	florida	florida	PROPN
ftr-485	111	2	tax	tax	PROPN
ftr-485	111	3	review	review	NOUN
ftr-485	111	4	fixed	fix	VERB
ftr-485	111	5	rate	rate	NOUN
ftr-485	111	6	on	on	ADP
ftr-485	111	7	the	the	DET
ftr-485	111	8	same	same	ADJ
ftr-485	111	9	notional	notional	ADJ
ftr-485	111	10	principal	principal	ADJ
ftr-485	111	11	amount	amount	NOUN
ftr-485	111	12	.	.	PUNCT
ftr-485	112	1	the	the	DET
ftr-485	112	2	distinctive	distinctive	ADJ
ftr-485	112	3	factor	factor	NOUN
ftr-485	112	4	is	be	AUX
ftr-485	112	5	that	that	SCONJ
ftr-485	112	6	the	the	DET
ftr-485	112	7	principal	principal	NOUN
ftr-485	112	8	is	be	AUX
ftr-485	112	9	never	never	ADV
ftr-485	112	10	exchanged	exchange	VERB
ftr-485	112	11	.	.	PUNCT
ftr-485	113	1	it	it	PRON
ftr-485	113	2	is	be	AUX
ftr-485	113	3	merely	merely	ADV
ftr-485	113	4	used	use	VERB
ftr-485	113	5	as	as	ADP
ftr-485	113	6	the	the	DET
ftr-485	113	7	basis	basis	NOUN
ftr-485	113	8	for	for	ADP
ftr-485	113	9	the	the	DET
ftr-485	113	10	two	two	NUM
ftr-485	113	11	sets	set	NOUN
ftr-485	113	12	of	of	ADP
ftr-485	113	13	payments	payment	NOUN
ftr-485	113	14	and	and	CCONJ
ftr-485	113	15	is	be	AUX
ftr-485	113	16	never	never	ADV
ftr-485	113	17	borrowed	borrow	VERB
ftr-485	113	18	or	or	CCONJ
ftr-485	113	19	loaned	loan	VERB
ftr-485	113	20	between	between	ADP
ftr-485	113	21	the	the	DET
ftr-485	113	22	two	two	NUM
ftr-485	113	23	parties	party	NOUN
ftr-485	113	24	.	.	PUNCT
ftr-485	114	1	8	8	NUM
ftr-485	114	2	for	for	ADP
ftr-485	114	3	example	example	NOUN
ftr-485	114	4	,	,	PUNCT
ftr-485	114	5	in	in	ADP
ftr-485	114	6	a	a	DET
ftr-485	114	7	standard	standard	ADJ
ftr-485	114	8	interest	interest	NOUN
ftr-485	114	9	rate	rate	NOUN
ftr-485	114	10	swap	swap	NOUN
ftr-485	114	11	between	between	ADP
ftr-485	114	12	counterparties	counterpartie	NOUN
ftr-485	114	13	n	n	PROPN
ftr-485	114	14	and	and	CCONJ
ftr-485	114	15	m	m	PROPN
ftr-485	114	16	,	,	PUNCT
ftr-485	114	17	m	m	VERB
ftr-485	114	18	agrees	agree	VERB
ftr-485	114	19	to	to	PART
ftr-485	114	20	make	make	VERB
ftr-485	114	21	annual	annual	ADJ
ftr-485	114	22	fixed	fix	VERB
ftr-485	114	23	-	-	PUNCT
ftr-485	114	24	rate	rate	NOUN
ftr-485	114	25	payments	payment	NOUN
ftr-485	114	26	to	to	ADP
ftr-485	114	27	n	n	NOUN
ftr-485	114	28	equal	equal	ADJ
ftr-485	114	29	to	to	ADP
ftr-485	114	30	10	10	NUM
ftr-485	114	31	%	%	NOUN
ftr-485	114	32	of	of	ADP
ftr-485	114	33	the	the	DET
ftr-485	114	34	notional	notional	ADJ
ftr-485	114	35	principal	principal	ADJ
ftr-485	114	36	amount	amount	NOUN
ftr-485	114	37	of	of	ADP
ftr-485	114	38	$	$	SYM
ftr-485	114	39	100	100	NUM
ftr-485	114	40	million	million	NUM
ftr-485	114	41	(	(	PUNCT
ftr-485	114	42	$	$	SYM
ftr-485	114	43	10	10	NUM
ftr-485	114	44	million	million	NUM
ftr-485	114	45	annually	annually	ADV
ftr-485	114	46	)	)	PUNCT
ftr-485	114	47	,	,	PUNCT
ftr-485	114	48	and	and	CCONJ
ftr-485	114	49	n	n	PROPN
ftr-485	114	50	agrees	agree	VERB
ftr-485	114	51	to	to	PART
ftr-485	114	52	make	make	VERB
ftr-485	114	53	annual	annual	ADJ
ftr-485	114	54	payments	payment	NOUN
ftr-485	114	55	equal	equal	ADJ
ftr-485	114	56	to	to	ADP
ftr-485	114	57	the	the	DET
ftr-485	114	58	floating	float	VERB
ftr-485	114	59	interest	interest	NOUN
ftr-485	114	60	rate	rate	NOUN
ftr-485	114	61	on	on	ADP
ftr-485	114	62	the	the	DET
ftr-485	114	63	payment	payment	NOUN
ftr-485	114	64	dates	date	NOUN
ftr-485	114	65	multiplied	multiply	VERB
ftr-485	114	66	by	by	ADP
ftr-485	114	67	the	the	DET
ftr-485	114	68	$	$	SYM
ftr-485	114	69	100	100	NUM
ftr-485	114	70	million	million	NUM
ftr-485	114	71	notional	notional	ADJ
ftr-485	114	72	principal.9	principal.9	PROPN
ftr-485	114	73	the	the	DET
ftr-485	114	74	net	net	ADJ
ftr-485	114	75	amount	amount	NOUN
ftr-485	114	76	owed	owe	VERB
ftr-485	114	77	each	each	DET
ftr-485	114	78	year	year	NOUN
ftr-485	114	79	varies	vary	VERB
ftr-485	114	80	with	with	ADP
ftr-485	114	81	the	the	DET
ftr-485	114	82	floating	float	VERB
ftr-485	114	83	interest	interest	NOUN
ftr-485	114	84	rate	rate	NOUN
ftr-485	114	85	,	,	PUNCT
ftr-485	114	86	which	which	PRON
ftr-485	114	87	often	often	ADV
ftr-485	114	88	equals	equal	VERB
ftr-485	114	89	the	the	DET
ftr-485	114	90	fixed	fix	VERB
ftr-485	114	91	rate	rate	NOUN
ftr-485	114	92	when	when	SCONJ
ftr-485	114	93	the	the	DET
ftr-485	114	94	contract	contract	NOUN
ftr-485	114	95	is	be	AUX
ftr-485	114	96	made	make	VERB
ftr-485	114	97	.	.	PUNCT
ftr-485	115	1	b.	b.	PROPN
ftr-485	115	2	classification	classification	NOUN
ftr-485	115	3	and	and	CCONJ
ftr-485	115	4	taxation	taxation	NOUN
ftr-485	115	5	of	of	ADP
ftr-485	115	6	payments	payment	NOUN
ftr-485	115	7	under	under	ADP
ftr-485	115	8	notional	notional	ADJ
ftr-485	115	9	principal	principal	ADJ
ftr-485	115	10	contracts	contract	NOUN
ftr-485	115	11	under	under	ADP
ftr-485	115	12	the	the	DET
ftr-485	115	13	swap	swap	NOUN
ftr-485	115	14	regulations	regulation	NOUN
ftr-485	115	15	,	,	PUNCT
ftr-485	115	16	most	most	ADJ
ftr-485	115	17	payments	payment	NOUN
ftr-485	115	18	under	under	ADP
ftr-485	115	19	notional	notional	ADJ
ftr-485	115	20	principal	principal	ADJ
ftr-485	115	21	contracts	contract	NOUN
ftr-485	115	22	are	be	AUX
ftr-485	115	23	netted	net	VERB
ftr-485	115	24	,	,	PUNCT
ftr-485	115	25	and	and	CCONJ
ftr-485	115	26	the	the	DET
ftr-485	115	27	net	net	ADJ
ftr-485	115	28	amount	amount	NOUN
ftr-485	115	29	recognized	recognize	VERB
ftr-485	115	30	for	for	ADP
ftr-485	115	31	any	any	DET
ftr-485	115	32	year	year	NOUN
ftr-485	115	33	is	be	AUX
ftr-485	115	34	gross	gross	ADJ
ftr-485	115	35	income	income	NOUN
ftr-485	115	36	for	for	ADP
ftr-485	115	37	the	the	DET
ftr-485	115	38	year	year	NOUN
ftr-485	116	1	(	(	PUNCT
ftr-485	116	2	if	if	SCONJ
ftr-485	116	3	it	it	PRON
ftr-485	116	4	is	be	AUX
ftr-485	116	5	a	a	DET
ftr-485	116	6	net	net	ADJ
ftr-485	116	7	receipt	receipt	NOUN
ftr-485	116	8	)	)	PUNCT
ftr-485	116	9	or	or	CCONJ
ftr-485	116	10	is	be	AUX
ftr-485	116	11	a	a	DET
ftr-485	116	12	deduction	deduction	NOUN
ftr-485	116	13	(	(	PUNCT
ftr-485	116	14	if	if	SCONJ
ftr-485	116	15	it	it	PRON
ftr-485	116	16	is	be	AUX
ftr-485	116	17	a	a	DET
ftr-485	116	18	net	net	ADJ
ftr-485	116	19	payment	payment	NOUN
ftr-485	116	20	)	)	PUNCT
ftr-485	116	21	.	.	PUNCT
ftr-485	116	22	'	'	PUNCT
ftr-485	117	1	"	"	PUNCT
ftr-485	117	2	the	the	DET
ftr-485	117	3	regulations	regulation	NOUN
ftr-485	117	4	provide	provide	VERB
ftr-485	117	5	separately	separately	ADV
ftr-485	117	6	for	for	ADP
ftr-485	117	7	periodic	periodic	ADJ
ftr-485	117	8	payments	payment	NOUN
ftr-485	117	9	,	,	PUNCT
ftr-485	117	10	nonperiodic	nonperiodic	ADJ
ftr-485	117	11	payments	payment	NOUN
ftr-485	117	12	,	,	PUNCT
ftr-485	117	13	and	and	CCONJ
ftr-485	117	14	termination	termination	NOUN
ftr-485	117	15	payments	payment	NOUN
ftr-485	117	16	,	,	PUNCT
ftr-485	117	17	with	with	ADP
ftr-485	117	18	certain	certain	ADJ
ftr-485	117	19	nonperiodic	nonperiodic	ADJ
ftr-485	117	20	payments	payment	NOUN
ftr-485	117	21	distinguished	distinguish	VERB
ftr-485	117	22	as	as	ADP
ftr-485	117	23	"	"	PUNCT
ftr-485	117	24	embedded	embed	VERB
ftr-485	117	25	loan	loan	NOUN
ftr-485	117	26	"	"	PUNCT
ftr-485	117	27	payments	payment	NOUN
ftr-485	117	28	.	.	PUNCT
ftr-485	118	1	periodic	periodic	ADJ
ftr-485	118	2	payments	payment	NOUN
ftr-485	118	3	under	under	ADP
ftr-485	118	4	a	a	DET
ftr-485	118	5	notional	notional	ADJ
ftr-485	118	6	principal	principal	ADJ
ftr-485	118	7	contract	contract	NOUN
ftr-485	118	8	are	be	AUX
ftr-485	118	9	those	those	PRON
ftr-485	118	10	"	"	PUNCT
ftr-485	118	11	that	that	PRON
ftr-485	118	12	are	be	AUX
ftr-485	118	13	payable	payable	ADJ
ftr-485	118	14	at	at	ADP
ftr-485	118	15	intervals	interval	NOUN
ftr-485	118	16	of	of	ADP
ftr-485	118	17	one	one	NUM
ftr-485	118	18	year	year	NOUN
ftr-485	118	19	or	or	CCONJ
ftr-485	118	20	less	less	ADJ
ftr-485	118	21	during	during	ADP
ftr-485	118	22	the	the	DET
ftr-485	118	23	entire	entire	ADJ
ftr-485	118	24	term	term	NOUN
ftr-485	118	25	of	of	ADP
ftr-485	118	26	the	the	DET
ftr-485	118	27	8	8	NUM
ftr-485	118	28	.	.	PUNCT
ftr-485	119	1	"	"	PUNCT
ftr-485	119	2	notional	notional	ADJ
ftr-485	119	3	principal	principal	NOUN
ftr-485	119	4	"	"	PUNCT
ftr-485	119	5	is	be	AUX
ftr-485	119	6	defined	define	VERB
ftr-485	119	7	in	in	ADP
ftr-485	119	8	regs	reg	NOUN
ftr-485	119	9	.	.	PUNCT
ftr-485	120	1	§	§	PROPN
ftr-485	120	2	1.446	1.446	NUM
ftr-485	120	3	-	-	SYM
ftr-485	120	4	3(c)(3	3(c)(3	NUM
ftr-485	120	5	)	)	PUNCT
ftr-485	120	6	.	.	PUNCT
ftr-485	121	1	9	9	X
ftr-485	121	2	.	.	X
ftr-485	121	3	the	the	DET
ftr-485	121	4	basic	basic	ADJ
ftr-485	121	5	swap	swap	NOUN
ftr-485	121	6	scenario	scenario	NOUN
ftr-485	121	7	may	may	AUX
ftr-485	121	8	be	be	AUX
ftr-485	121	9	depicted	depict	VERB
ftr-485	121	10	as	as	ADP
ftr-485	121	11	follows	follow	VERB
ftr-485	121	12	,	,	PUNCT
ftr-485	121	13	with	with	ADP
ftr-485	121	14	payments	payment	NOUN
ftr-485	121	15	based	base	VERB
ftr-485	121	16	on	on	ADP
ftr-485	121	17	a	a	DET
ftr-485	121	18	$	$	SYM
ftr-485	121	19	100	100	NUM
ftr-485	121	20	million	million	NUM
ftr-485	121	21	notional	notional	ADJ
ftr-485	121	22	principal	principal	NOUN
ftr-485	121	23	:	:	PUNCT
ftr-485	121	24	n	n	X
ftr-485	121	25	--------------------	--------------------	PUNCT
ftr-485	121	26	>	>	X
ftr-485	121	27	m	m	AUX
ftr-485	121	28	floating	float	VERB
ftr-485	121	29	(	(	PUNCT
ftr-485	121	30	10	10	NUM
ftr-485	121	31	%	%	NOUN
ftr-485	121	32	when	when	SCONJ
ftr-485	121	33	swap	swap	NOUN
ftr-485	121	34	created	create	VERB
ftr-485	121	35	)	)	PUNCT
ftr-485	121	36	n	n	CCONJ
ftr-485	121	37	<	<	X
ftr-485	121	38	....	....	PUNCT
ftr-485	121	39	----------------m	----------------m	VERB
ftr-485	121	40	fixed	fix	VERB
ftr-485	121	41	(	(	PUNCT
ftr-485	121	42	10	10	NUM
ftr-485	121	43	%	%	NOUN
ftr-485	121	44	)	)	PUNCT
ftr-485	121	45	this	this	DET
ftr-485	121	46	type	type	NOUN
ftr-485	121	47	of	of	ADP
ftr-485	121	48	swap	swap	NOUN
ftr-485	121	49	is	be	AUX
ftr-485	121	50	generally	generally	ADV
ftr-485	121	51	entered	enter	VERB
ftr-485	121	52	into	into	ADP
ftr-485	121	53	because	because	SCONJ
ftr-485	121	54	of	of	ADP
ftr-485	121	55	comparative	comparative	ADJ
ftr-485	121	56	advantages	advantage	NOUN
ftr-485	121	57	in	in	ADP
ftr-485	121	58	borrowing	borrowing	NOUN
ftr-485	121	59	rates	rate	NOUN
ftr-485	121	60	.	.	PUNCT
ftr-485	122	1	see	see	VERB
ftr-485	122	2	hull	hull	NOUN
ftr-485	122	3	,	,	PUNCT
ftr-485	122	4	supra	supra	PROPN
ftr-485	122	5	note	note	NOUN
ftr-485	122	6	7	7	NUM
ftr-485	122	7	,	,	PUNCT
ftr-485	122	8	at	at	ADP
ftr-485	122	9	112	112	NUM
ftr-485	122	10	.	.	PUNCT
ftr-485	123	1	in	in	ADP
ftr-485	123	2	most	most	ADJ
ftr-485	123	3	swaps	swap	NOUN
ftr-485	123	4	,	,	PUNCT
ftr-485	123	5	a	a	DET
ftr-485	123	6	financial	financial	ADJ
ftr-485	123	7	institution	institution	NOUN
ftr-485	123	8	such	such	ADJ
ftr-485	123	9	as	as	ADP
ftr-485	123	10	a	a	DET
ftr-485	123	11	bank	bank	NOUN
ftr-485	123	12	serves	serve	VERB
ftr-485	123	13	as	as	ADP
ftr-485	123	14	an	an	DET
ftr-485	123	15	intermediary	intermediary	NOUN
ftr-485	123	16	.	.	PUNCT
ftr-485	124	1	the	the	DET
ftr-485	124	2	bank	bank	NOUN
ftr-485	124	3	has	have	VERB
ftr-485	124	4	separate	separate	ADJ
ftr-485	124	5	contracts	contract	NOUN
ftr-485	124	6	with	with	ADP
ftr-485	124	7	each	each	DET
ftr-485	124	8	party	party	NOUN
ftr-485	124	9	,	,	PUNCT
ftr-485	124	10	and	and	CCONJ
ftr-485	124	11	n	n	PROPN
ftr-485	124	12	and	and	CCONJ
ftr-485	124	13	m	m	PROPN
ftr-485	124	14	are	be	AUX
ftr-485	124	15	not	not	PART
ftr-485	124	16	aware	aware	ADJ
ftr-485	124	17	of	of	ADP
ftr-485	124	18	the	the	DET
ftr-485	124	19	other	other	ADJ
ftr-485	124	20	.	.	PUNCT
ftr-485	125	1	conceptually	conceptually	ADV
ftr-485	125	2	,	,	PUNCT
ftr-485	125	3	however	however	ADV
ftr-485	125	4	,	,	PUNCT
ftr-485	125	5	it	it	PRON
ftr-485	125	6	is	be	AUX
ftr-485	125	7	easier	easy	ADJ
ftr-485	125	8	to	to	PART
ftr-485	125	9	think	think	VERB
ftr-485	125	10	of	of	ADP
ftr-485	125	11	n	n	NUM
ftr-485	125	12	and	and	CCONJ
ftr-485	125	13	m	m	AUX
ftr-485	125	14	dealing	deal	VERB
ftr-485	125	15	directly	directly	ADV
ftr-485	125	16	with	with	ADP
ftr-485	125	17	one	one	NUM
ftr-485	125	18	another	another	DET
ftr-485	125	19	,	,	PUNCT
ftr-485	125	20	or	or	CCONJ
ftr-485	125	21	of	of	ADP
ftr-485	125	22	m	m	AUX
ftr-485	125	23	simply	simply	ADV
ftr-485	125	24	being	be	AUX
ftr-485	125	25	a	a	DET
ftr-485	125	26	bank	bank	NOUN
ftr-485	125	27	.	.	PUNCT
ftr-485	126	1	see	see	VERB
ftr-485	126	2	robert	robert	PROPN
ftr-485	126	3	w.	w.	PROPN
ftr-485	126	4	kolb	kolb	PROPN
ftr-485	126	5	,	,	PUNCT
ftr-485	126	6	financial	financial	ADJ
ftr-485	126	7	derivatives	derivative	NOUN
ftr-485	126	8	130	130	NUM
ftr-485	126	9	-	-	SYM
ftr-485	126	10	37	37	NUM
ftr-485	126	11	(	(	PUNCT
ftr-485	126	12	1993	1993	NUM
ftr-485	126	13	)	)	PUNCT
ftr-485	126	14	(	(	PUNCT
ftr-485	126	15	discussing	discuss	VERB
ftr-485	126	16	standard	standard	ADJ
ftr-485	126	17	swaps	swap	NOUN
ftr-485	126	18	in	in	ADP
ftr-485	126	19	more	more	ADJ
ftr-485	126	20	detail	detail	NOUN
ftr-485	126	21	)	)	PUNCT
ftr-485	126	22	.	.	PUNCT
ftr-485	127	1	10	10	NUM
ftr-485	127	2	.	.	PUNCT
ftr-485	127	3	regs	regs	PROPN
ftr-485	127	4	.	.	PUNCT
ftr-485	128	1	§	§	PROPN
ftr-485	128	2	1.446	1.446	NUM
ftr-485	128	3	-	-	SYM
ftr-485	128	4	3(d	3(d	NUM
ftr-485	128	5	)	)	PUNCT
ftr-485	128	6	.	.	PUNCT
ftr-485	129	1	in	in	ADP
ftr-485	129	2	the	the	DET
ftr-485	129	3	example	example	NOUN
ftr-485	129	4	from	from	ADP
ftr-485	129	5	the	the	DET
ftr-485	129	6	previous	previous	ADJ
ftr-485	129	7	footnote	footnote	NOUN
ftr-485	129	8	,	,	PUNCT
ftr-485	129	9	if	if	SCONJ
ftr-485	129	10	the	the	DET
ftr-485	129	11	floating	float	VERB
ftr-485	129	12	rate	rate	NOUN
ftr-485	129	13	is	be	AUX
ftr-485	129	14	9	9	NUM
ftr-485	129	15	%	%	NOUN
ftr-485	129	16	on	on	ADP
ftr-485	129	17	the	the	DET
ftr-485	129	18	first	first	ADJ
ftr-485	129	19	payment	payment	NOUN
ftr-485	129	20	date	date	NOUN
ftr-485	129	21	:	:	PUNCT
ftr-485	129	22	n	n	PRON
ftr-485	129	23	owes	owe	VERB
ftr-485	129	24	:	:	PUNCT
ftr-485	129	25	9	9	NUM
ftr-485	129	26	%	%	NOUN
ftr-485	129	27	x	x	SYM
ftr-485	129	28	$	$	SYM
ftr-485	129	29	100	100	NUM
ftr-485	129	30	million	million	NUM
ftr-485	129	31	=	=	SYM
ftr-485	129	32	$	$	SYM
ftr-485	129	33	9	9	NUM
ftr-485	129	34	million	million	NUM
ftr-485	129	35	m	m	NOUN
ftr-485	129	36	owes	owe	NOUN
ftr-485	129	37	:	:	PUNCT
ftr-485	129	38	10	10	NUM
ftr-485	129	39	%	%	NOUN
ftr-485	129	40	x	x	SYM
ftr-485	129	41	$	$	SYM
ftr-485	129	42	100	100	NUM
ftr-485	129	43	million	million	NUM
ftr-485	129	44	=	=	SYM
ftr-485	129	45	$	$	SYM
ftr-485	129	46	10	10	NUM
ftr-485	129	47	million	million	NUM
ftr-485	129	48	the	the	DET
ftr-485	129	49	net	net	ADJ
ftr-485	129	50	amount	amount	NOUN
ftr-485	129	51	for	for	ADP
ftr-485	129	52	the	the	DET
ftr-485	129	53	taxable	taxable	ADJ
ftr-485	129	54	year	year	NOUN
ftr-485	129	55	is	be	AUX
ftr-485	129	56	the	the	DET
ftr-485	129	57	difference	difference	NOUN
ftr-485	129	58	between	between	ADP
ftr-485	129	59	the	the	DET
ftr-485	129	60	two	two	NUM
ftr-485	129	61	gross	gross	ADJ
ftr-485	129	62	amounts	amount	NOUN
ftr-485	129	63	.	.	PUNCT
ftr-485	130	1	accordingly	accordingly	ADV
ftr-485	130	2	,	,	PUNCT
ftr-485	130	3	n	n	PRON
ftr-485	130	4	has	have	VERB
ftr-485	130	5	net	net	ADJ
ftr-485	130	6	income	income	NOUN
ftr-485	130	7	of	of	ADP
ftr-485	130	8	$	$	SYM
ftr-485	130	9	1	1	NUM
ftr-485	130	10	million	million	NUM
ftr-485	130	11	from	from	ADP
ftr-485	130	12	this	this	DET
ftr-485	130	13	swap	swap	NOUN
ftr-485	130	14	for	for	ADP
ftr-485	130	15	the	the	DET
ftr-485	130	16	taxable	taxable	ADJ
ftr-485	130	17	year	year	NOUN
ftr-485	130	18	(	(	PUNCT
ftr-485	130	19	$	$	SYM
ftr-485	130	20	10	10	NUM
ftr-485	130	21	million	million	NUM
ftr-485	130	22	received	receive	VERB
ftr-485	130	23	,	,	PUNCT
ftr-485	130	24	less	less	ADJ
ftr-485	130	25	$	$	SYM
ftr-485	130	26	9	9	NUM
ftr-485	130	27	million	million	NUM
ftr-485	130	28	paid	pay	VERB
ftr-485	130	29	)	)	PUNCT
ftr-485	130	30	and	and	CCONJ
ftr-485	130	31	m	m	PROPN
ftr-485	130	32	has	have	VERB
ftr-485	130	33	a	a	DET
ftr-485	130	34	corresponding	corresponding	ADJ
ftr-485	130	35	net	net	ADJ
ftr-485	130	36	deduction	deduction	NOUN
ftr-485	130	37	.	.	PUNCT
ftr-485	131	1	if	if	SCONJ
ftr-485	131	2	the	the	DET
ftr-485	131	3	payment	payment	NOUN
ftr-485	131	4	dates	date	VERB
ftr-485	131	5	for	for	ADP
ftr-485	131	6	the	the	DET
ftr-485	131	7	two	two	NUM
ftr-485	131	8	parties	party	NOUN
ftr-485	131	9	are	be	AUX
ftr-485	131	10	the	the	DET
ftr-485	131	11	same	same	ADJ
ftr-485	131	12	,	,	PUNCT
ftr-485	131	13	n	n	PRON
ftr-485	131	14	makes	make	VERB
ftr-485	131	15	no	no	DET
ftr-485	131	16	payment	payment	NOUN
ftr-485	131	17	in	in	ADP
ftr-485	131	18	this	this	DET
ftr-485	131	19	year	year	NOUN
ftr-485	131	20	,	,	PUNCT
ftr-485	131	21	as	as	SCONJ
ftr-485	131	22	only	only	ADV
ftr-485	131	23	the	the	DET
ftr-485	131	24	net	net	ADJ
ftr-485	131	25	amount	amount	NOUN
ftr-485	131	26	of	of	ADP
ftr-485	131	27	$	$	SYM
ftr-485	131	28	1	1	NUM
ftr-485	131	29	million	million	NUM
ftr-485	131	30	is	be	AUX
ftr-485	131	31	paid	pay	VERB
ftr-485	131	32	from	from	ADP
ftr-485	131	33	m	m	PROPN
ftr-485	131	34	to	to	AUX
ftr-485	131	35	n.	n.	NOUN
ftr-485	132	1	[	[	X
ftr-485	132	2	vol	vol	X
ftr-485	132	3	2:11	2:11	NUM
ftr-485	132	4	the	the	DET
ftr-485	132	5	recharacterization	recharacterization	NOUN
ftr-485	132	6	of	of	ADP
ftr-485	132	7	cross	cross	ADJ
ftr-485	132	8	-	-	ADJ
ftr-485	132	9	border	border	ADJ
ftr-485	132	10	inierest	inier	ADJ
ftr-485	132	11	rate	rate	NOUN
ftr-485	132	12	swaps	swap	NOUN
ftr-485	132	13	contract	contract	NOUN
ftr-485	132	14	"	"	PUNCT
ftr-485	132	15	and	and	CCONJ
ftr-485	132	16	are	be	AUX
ftr-485	132	17	either	either	ADV
ftr-485	132	18	fixed	fix	VERB
ftr-485	132	19	in	in	ADP
ftr-485	132	20	amount	amount	NOUN
ftr-485	132	21	or	or	CCONJ
ftr-485	132	22	based	base	VERB
ftr-485	132	23	on	on	ADP
ftr-485	132	24	a	a	DET
ftr-485	132	25	specified	specified	ADJ
ftr-485	132	26	index	index	NOUN
ftr-485	132	27	and	and	CCONJ
ftr-485	132	28	notional	notional	ADJ
ftr-485	132	29	principal	principal	ADJ
ftr-485	132	30	amount	amount	NOUN
ftr-485	132	31	.	.	PUNCT
ftr-485	132	32	"	"	PUNCT
ftr-485	133	1	in	in	ADP
ftr-485	133	2	most	most	ADJ
ftr-485	133	3	cases	case	NOUN
ftr-485	133	4	,	,	PUNCT
ftr-485	133	5	they	they	PRON
ftr-485	133	6	are	be	AUX
ftr-485	133	7	the	the	DET
ftr-485	133	8	annual	annual	ADJ
ftr-485	133	9	or	or	CCONJ
ftr-485	133	10	semiannual	semiannual	ADJ
ftr-485	133	11	payments	payment	NOUN
ftr-485	133	12	under	under	ADP
ftr-485	133	13	the	the	DET
ftr-485	133	14	swap	swap	NOUN
ftr-485	133	15	based	base	VERB
ftr-485	133	16	on	on	ADP
ftr-485	133	17	the	the	DET
ftr-485	133	18	interest	interest	NOUN
ftr-485	133	19	rates	rate	NOUN
ftr-485	133	20	agreed	agree	VERB
ftr-485	133	21	upon	upon	SCONJ
ftr-485	133	22	by	by	ADP
ftr-485	133	23	the	the	DET
ftr-485	133	24	parties	party	NOUN
ftr-485	133	25	.	.	PUNCT
ftr-485	134	1	a	a	DET
ftr-485	134	2	periodic	periodic	ADJ
ftr-485	134	3	payment	payment	NOUN
ftr-485	134	4	is	be	AUX
ftr-485	134	5	prorated	prorate	VERB
ftr-485	134	6	among	among	ADP
ftr-485	134	7	the	the	DET
ftr-485	134	8	days	day	NOUN
ftr-485	134	9	in	in	ADP
ftr-485	134	10	the	the	DET
ftr-485	134	11	period	period	NOUN
ftr-485	134	12	,	,	PUNCT
ftr-485	134	13	and	and	CCONJ
ftr-485	134	14	the	the	DET
ftr-485	134	15	amount	amount	NOUN
ftr-485	134	16	allocated	allocate	VERB
ftr-485	134	17	to	to	ADP
ftr-485	134	18	each	each	DET
ftr-485	134	19	day	day	NOUN
ftr-485	134	20	is	be	AUX
ftr-485	134	21	recognized	recognize	VERB
ftr-485	134	22	as	as	ADP
ftr-485	134	23	gross	gross	ADJ
ftr-485	134	24	income	income	NOUN
ftr-485	134	25	or	or	CCONJ
ftr-485	134	26	deduction	deduction	NOUN
ftr-485	134	27	for	for	ADP
ftr-485	134	28	the	the	DET
ftr-485	134	29	year	year	NOUN
ftr-485	134	30	that	that	PRON
ftr-485	134	31	includes	include	VERB
ftr-485	134	32	that	that	SCONJ
ftr-485	134	33	day.12	day.12	NOUN
ftr-485	134	34	payments	payment	NOUN
ftr-485	134	35	are	be	AUX
ftr-485	134	36	"	"	PUNCT
ftr-485	134	37	nonperiodic	nonperiodic	ADJ
ftr-485	134	38	"	"	PUNCT
ftr-485	134	39	if	if	SCONJ
ftr-485	134	40	they	they	PRON
ftr-485	134	41	are	be	AUX
ftr-485	134	42	made	make	VERB
ftr-485	134	43	"	"	PUNCT
ftr-485	134	44	with	with	ADP
ftr-485	134	45	respect	respect	NOUN
ftr-485	134	46	to	to	ADP
ftr-485	134	47	a	a	DET
ftr-485	134	48	notional	notional	ADJ
ftr-485	134	49	principal	principal	ADJ
ftr-485	134	50	contract	contract	NOUN
ftr-485	134	51	"	"	PUNCT
ftr-485	134	52	but	but	CCONJ
ftr-485	134	53	are	be	AUX
ftr-485	134	54	not	not	PART
ftr-485	134	55	periodic	periodic	ADJ
ftr-485	134	56	payments	payment	NOUN
ftr-485	134	57	.	.	PUNCT
ftr-485	134	58	'	'	PUNCT
ftr-485	135	1	3	3	NUM
ftr-485	135	2	examples	example	NOUN
ftr-485	135	3	of	of	ADP
ftr-485	135	4	nonperiodic	nonperiodic	ADJ
ftr-485	135	5	payments	payment	NOUN
ftr-485	135	6	include	include	VERB
ftr-485	135	7	the	the	DET
ftr-485	135	8	premium	premium	NOUN
ftr-485	135	9	for	for	ADP
ftr-485	135	10	a	a	DET
ftr-485	135	11	cap	cap	NOUN
ftr-485	135	12	or	or	CCONJ
ftr-485	135	13	floor	floor	NOUN
ftr-485	135	14	agreement	agreement	NOUN
ftr-485	135	15	,	,	PUNCT
ftr-485	135	16	the	the	DET
ftr-485	135	17	premium	premium	NOUN
ftr-485	135	18	for	for	ADP
ftr-485	135	19	an	an	DET
ftr-485	135	20	option	option	NOUN
ftr-485	135	21	that	that	PRON
ftr-485	135	22	is	be	AUX
ftr-485	135	23	exercisable	exercisable	ADJ
ftr-485	135	24	into	into	ADP
ftr-485	135	25	a	a	DET
ftr-485	135	26	swap	swap	NOUN
ftr-485	135	27	,	,	PUNCT
ftr-485	135	28	and	and	CCONJ
ftr-485	135	29	a	a	DET
ftr-485	135	30	lump	lump	NOUN
ftr-485	135	31	sum	sum	NOUN
ftr-485	135	32	payment	payment	NOUN
ftr-485	135	33	for	for	ADP
ftr-485	135	34	an	an	DET
ftr-485	135	35	off	off	ADJ
ftr-485	135	36	-	-	PUNCT
ftr-485	135	37	market	market	NOUN
ftr-485	135	38	swap	swap	NOUN
ftr-485	135	39	agreement	agreement	NOUN
ftr-485	135	40	.	.	PUNCT
ftr-485	136	1	4	4	NUM
ftr-485	136	2	a	a	DET
ftr-485	136	3	nonperiodic	nonperiodic	ADJ
ftr-485	136	4	payment	payment	NOUN
ftr-485	136	5	under	under	ADP
ftr-485	136	6	a	a	DET
ftr-485	136	7	swap	swap	NOUN
ftr-485	136	8	is	be	AUX
ftr-485	136	9	usually	usually	ADV
ftr-485	136	10	allocated	allocate	VERB
ftr-485	136	11	over	over	ADP
ftr-485	136	12	the	the	DET
ftr-485	136	13	term	term	NOUN
ftr-485	136	14	of	of	ADP
ftr-485	136	15	the	the	DET
ftr-485	136	16	swap	swap	NOUN
ftr-485	136	17	agreement	agreement	NOUN
ftr-485	136	18	,	,	PUNCT
ftr-485	136	19	based	base	VERB
ftr-485	136	20	on	on	ADP
ftr-485	136	21	market	market	NOUN
ftr-485	136	22	prices	price	NOUN
ftr-485	136	23	for	for	ADP
ftr-485	136	24	analogous	analogous	ADJ
ftr-485	136	25	forward	forward	ADJ
ftr-485	136	26	contracts	contract	NOUN
ftr-485	136	27	,	,	PUNCT
ftr-485	136	28	and	and	CCONJ
ftr-485	136	29	the	the	DET
ftr-485	136	30	portion	portion	NOUN
ftr-485	136	31	allocated	allocate	VERB
ftr-485	136	32	to	to	ADP
ftr-485	136	33	each	each	DET
ftr-485	136	34	year	year	NOUN
ftr-485	136	35	is	be	AUX
ftr-485	136	36	recognized	recognize	VERB
ftr-485	136	37	as	as	ADP
ftr-485	136	38	gross	gross	ADJ
ftr-485	136	39	income	income	NOUN
ftr-485	136	40	or	or	CCONJ
ftr-485	136	41	deduction	deduction	NOUN
ftr-485	136	42	for	for	ADP
ftr-485	136	43	that	that	DET
ftr-485	136	44	year	year	NOUN
ftr-485	136	45	.	.	PUNCT
ftr-485	137	1	"5	"5	X
ftr-485	138	1	a	a	DET
ftr-485	138	2	termination	termination	NOUN
ftr-485	138	3	payment--"[a	payment--"[a	NOUN
ftr-485	138	4	]	]	PUNCT
ftr-485	138	5	payment	payment	NOUN
ftr-485	138	6	made	make	VERB
ftr-485	138	7	or	or	CCONJ
ftr-485	138	8	received	receive	VERB
ftr-485	138	9	to	to	PART
ftr-485	138	10	extinguish	extinguish	VERB
ftr-485	138	11	or	or	CCONJ
ftr-485	138	12	assign	assign	VERB
ftr-485	138	13	...	...	PUNCT
ftr-485	138	14	rights	right	NOUN
ftr-485	138	15	and	and	CCONJ
ftr-485	138	16	obligations	obligation	NOUN
ftr-485	138	17	..	..	PUNCT
ftr-485	138	18	,	,	PUNCT
ftr-485	138	19	under	under	ADP
ftr-485	138	20	a	a	DET
ftr-485	138	21	notional	notional	ADJ
ftr-485	138	22	principal	principal	NOUN
ftr-485	138	23	contract"-is	contract"-is	NOUN
ftr-485	138	24	also	also	ADV
ftr-485	138	25	classified	classify	VERB
ftr-485	138	26	as	as	ADP
ftr-485	138	27	a	a	DET
ftr-485	138	28	nonperiodic	nonperiodic	ADJ
ftr-485	138	29	payment	payment	NOUN
ftr-485	138	30	,	,	PUNCT
ftr-485	138	31	'	'	PUNCT
ftr-485	138	32	6	6	NUM
ftr-485	138	33	but	but	CCONJ
ftr-485	138	34	the	the	DET
ftr-485	138	35	original	original	ADJ
ftr-485	138	36	parties	party	NOUN
ftr-485	138	37	to	to	ADP
ftr-485	138	38	a	a	DET
ftr-485	138	39	notional	notional	ADJ
ftr-485	138	40	principal	principal	ADJ
ftr-485	138	41	contract	contract	NOUN
ftr-485	138	42	recognize	recognize	VERB
ftr-485	138	43	a	a	DET
ftr-485	138	44	termination	termination	NOUN
ftr-485	138	45	payment	payment	NOUN
ftr-485	138	46	as	as	ADP
ftr-485	138	47	gross	gross	ADJ
ftr-485	138	48	income	income	NOUN
ftr-485	138	49	or	or	CCONJ
ftr-485	138	50	deduction	deduction	NOUN
ftr-485	138	51	when	when	SCONJ
ftr-485	138	52	it	it	PRON
ftr-485	138	53	is	be	AUX
ftr-485	138	54	received	receive	VERB
ftr-485	138	55	or	or	CCONJ
ftr-485	138	56	made	make	VERB
ftr-485	138	57	.	.	PUNCT
ftr-485	138	58	'	'	PUNCT
ftr-485	139	1	types	type	NOUN
ftr-485	139	2	of	of	ADP
ftr-485	139	3	termination	termination	NOUN
ftr-485	139	4	payments	payment	NOUN
ftr-485	139	5	include	include	VERB
ftr-485	139	6	"	"	PUNCT
ftr-485	139	7	a	a	DET
ftr-485	139	8	payment	payment	NOUN
ftr-485	139	9	made	make	VERB
ftr-485	139	10	between	between	ADP
ftr-485	139	11	the	the	DET
ftr-485	139	12	original	original	ADJ
ftr-485	139	13	parties	party	NOUN
ftr-485	139	14	to	to	ADP
ftr-485	139	15	the	the	DET
ftr-485	139	16	contract	contract	NOUN
ftr-485	139	17	(	(	PUNCT
ftr-485	139	18	an	an	DET
ftr-485	139	19	extinguishment	extinguishment	NOUN
ftr-485	139	20	)	)	PUNCT
ftr-485	139	21	,	,	PUNCT
ftr-485	139	22	a	a	DET
ftr-485	139	23	payment	payment	NOUN
ftr-485	139	24	made	make	VERB
ftr-485	139	25	between	between	ADP
ftr-485	139	26	one	one	NUM
ftr-485	139	27	party	party	NOUN
ftr-485	139	28	to	to	ADP
ftr-485	139	29	the	the	DET
ftr-485	139	30	contract	contract	NOUN
ftr-485	139	31	and	and	CCONJ
ftr-485	139	32	a	a	DET
ftr-485	139	33	third	third	ADJ
ftr-485	139	34	party	party	NOUN
ftr-485	139	35	(	(	PUNCT
ftr-485	139	36	an	an	DET
ftr-485	139	37	assignment	assignment	NOUN
ftr-485	139	38	)	)	PUNCT
ftr-485	139	39	,	,	PUNCT
ftr-485	139	40	and	and	CCONJ
ftr-485	139	41	any	any	DET
ftr-485	139	42	gain	gain	NOUN
ftr-485	139	43	or	or	CCONJ
ftr-485	139	44	loss	loss	NOUN
ftr-485	139	45	realized	realize	VERB
ftr-485	139	46	on	on	ADP
ftr-485	139	47	the	the	DET
ftr-485	139	48	exchange	exchange	NOUN
ftr-485	139	49	of	of	ADP
ftr-485	139	50	one	one	NUM
ftr-485	139	51	notional	notional	ADJ
ftr-485	139	52	principal	principal	ADJ
ftr-485	139	53	contract	contract	NOUN
ftr-485	139	54	for	for	ADP
ftr-485	139	55	another	another	PRON
ftr-485	139	56	.	.	PUNCT
ftr-485	140	1	"	"	PUNCT
ftr-485	140	2	'	'	PUNCT
ftr-485	140	3	"	"	PUNCT
ftr-485	140	4	if	if	SCONJ
ftr-485	140	5	"	"	PUNCT
ftr-485	140	6	too	too	ADV
ftr-485	140	7	large	large	ADJ
ftr-485	140	8	,	,	PUNCT
ftr-485	140	9	"	"	PUNCT
ftr-485	140	10	lump	lump	NOUN
ftr-485	140	11	-	-	PUNCT
ftr-485	140	12	sum	sum	NOUN
ftr-485	140	13	payments	payment	NOUN
ftr-485	140	14	for	for	ADP
ftr-485	140	15	off	off	ADP
ftr-485	140	16	-	-	PUNCT
ftr-485	140	17	market	market	NOUN
ftr-485	140	18	swaps	swap	NOUN
ftr-485	140	19	and	and	CCONJ
ftr-485	140	20	certain	certain	ADJ
ftr-485	140	21	termination	termination	NOUN
ftr-485	140	22	payments	payment	NOUN
ftr-485	140	23	no	no	ADV
ftr-485	140	24	longer	long	ADV
ftr-485	140	25	fall	fall	VERB
ftr-485	140	26	under	under	ADP
ftr-485	140	27	the	the	DET
ftr-485	140	28	main	main	ADJ
ftr-485	140	29	taxation	taxation	NOUN
ftr-485	140	30	scheme	scheme	NOUN
ftr-485	140	31	for	for	ADP
ftr-485	140	32	swap	swap	NOUN
ftr-485	140	33	payments	payment	NOUN
ftr-485	140	34	but	but	CCONJ
ftr-485	140	35	are	be	AUX
ftr-485	140	36	treated	treat	VERB
ftr-485	140	37	as	as	ADP
ftr-485	140	38	embedded	embed	VERB
ftr-485	140	39	loans	loan	NOUN
ftr-485	140	40	bearing	bear	VERB
ftr-485	140	41	"	"	PUNCT
ftr-485	140	42	interest	interest	NOUN
ftr-485	140	43	.	.	PUNCT
ftr-485	140	44	"	"	PUNCT
ftr-485	141	1	this	this	DET
ftr-485	141	2	"	"	PUNCT
ftr-485	141	3	interest	interest	NOUN
ftr-485	141	4	"	"	PUNCT
ftr-485	141	5	is	be	AUX
ftr-485	141	6	not	not	PART
ftr-485	141	7	taxed	tax	VERB
ftr-485	141	8	as	as	ADP
ftr-485	141	9	swap	swap	NOUN
ftr-485	141	10	income	income	NOUN
ftr-485	141	11	,	,	PUNCT
ftr-485	141	12	but	but	CCONJ
ftr-485	141	13	is	be	AUX
ftr-485	141	14	characterized	characterize	VERB
ftr-485	141	15	as	as	ADP
ftr-485	141	16	interest	interest	NOUN
ftr-485	141	17	for	for	ADP
ftr-485	141	18	all	all	DET
ftr-485	141	19	purposes	purpose	NOUN
ftr-485	141	20	of	of	ADP
ftr-485	141	21	u.s	u.s	PROPN
ftr-485	141	22	.	.	PROPN
ftr-485	141	23	tax	tax	NOUN
ftr-485	141	24	law	law	NOUN
ftr-485	141	25	.	.	PUNCT
ftr-485	142	1	the	the	DET
ftr-485	142	2	term	term	NOUN
ftr-485	142	3	"	"	PUNCT
ftr-485	142	4	embedded	embed	VERB
ftr-485	142	5	loan	loan	NOUN
ftr-485	142	6	"	"	PUNCT
ftr-485	142	7	payment	payment	NOUN
ftr-485	142	8	describes	describe	VERB
ftr-485	142	9	a	a	DET
ftr-485	142	10	lump	lump	NOUN
ftr-485	142	11	sum	sum	NOUN
ftr-485	142	12	payment	payment	NOUN
ftr-485	142	13	that	that	PRON
ftr-485	142	14	is	be	AUX
ftr-485	142	15	recharacterized	recharacterize	VERB
ftr-485	142	16	under	under	ADP
ftr-485	142	17	the	the	DET
ftr-485	142	18	swap	swap	NOUN
ftr-485	142	19	regulations	regulation	NOUN
ftr-485	142	20	because	because	SCONJ
ftr-485	142	21	a	a	DET
ftr-485	142	22	"	"	PUNCT
ftr-485	142	23	loan	loan	NOUN
ftr-485	142	24	"	"	PUNCT
ftr-485	142	25	bearing	bear	VERB
ftr-485	142	26	interest	interest	NOUN
ftr-485	142	27	is	be	AUX
ftr-485	142	28	deemed	deem	VERB
ftr-485	142	29	to	to	PART
ftr-485	142	30	be	be	AUX
ftr-485	142	31	included	include	VERB
ftr-485	142	32	,	,	PUNCT
ftr-485	142	33	or	or	CCONJ
ftr-485	142	34	embedded	embed	VERB
ftr-485	142	35	,	,	PUNCT
ftr-485	142	36	in	in	ADP
ftr-485	142	37	the	the	DET
ftr-485	142	38	payment	payment	NOUN
ftr-485	142	39	.	.	PUNCT
ftr-485	143	1	it	it	PRON
ftr-485	143	2	is	be	AUX
ftr-485	143	3	mentioned	mention	VERB
ftr-485	143	4	as	as	ADP
ftr-485	143	5	a	a	DET
ftr-485	143	6	separate	separate	ADJ
ftr-485	143	7	category	category	NOUN
ftr-485	143	8	of	of	ADP
ftr-485	143	9	swap	swap	ADJ
ftr-485	143	10	related	relate	VERB
ftr-485	143	11	payments	payment	NOUN
ftr-485	143	12	because	because	SCONJ
ftr-485	143	13	it	it	PRON
ftr-485	143	14	is	be	AUX
ftr-485	143	15	subject	subject	ADJ
ftr-485	143	16	to	to	ADP
ftr-485	143	17	its	its	PRON
ftr-485	143	18	own	own	ADJ
ftr-485	143	19	tax	tax	NOUN
ftr-485	143	20	provisions	provision	NOUN
ftr-485	143	21	and	and	CCONJ
ftr-485	143	22	creates	create	VERB
ftr-485	143	23	the	the	DET
ftr-485	143	24	problems	problem	NOUN
ftr-485	143	25	discussed	discuss	VERB
ftr-485	143	26	in	in	ADP
ftr-485	143	27	this	this	PRON
ftr-485	143	28	article.1	article.1	PROPN
ftr-485	143	29	9	9	NUM
ftr-485	143	30	11	11	NUM
ftr-485	143	31	.	.	PUNCT
ftr-485	144	1	regs	reg	NOUN
ftr-485	144	2	.	.	PUNCT
ftr-485	145	1	§	§	PROPN
ftr-485	145	2	1.446	1.446	NUM
ftr-485	145	3	-	-	SYM
ftr-485	145	4	3(e)(1	3(e)(1	NUM
ftr-485	145	5	)	)	PUNCT
ftr-485	145	6	.	.	PUNCT
ftr-485	146	1	12	12	NUM
ftr-485	146	2	.	.	PUNCT
ftr-485	146	3	regs	regs	PROPN
ftr-485	146	4	.	.	PUNCT
ftr-485	147	1	§	§	PROPN
ftr-485	147	2	1.446	1.446	NUM
ftr-485	147	3	-	-	SYM
ftr-485	147	4	3(e)(2	3(e)(2	NUM
ftr-485	147	5	)	)	PUNCT
ftr-485	147	6	.	.	PUNCT
ftr-485	148	1	13	13	NUM
ftr-485	148	2	.	.	PUNCT
ftr-485	148	3	regs	regs	PROPN
ftr-485	148	4	.	.	PUNCT
ftr-485	149	1	§	§	PROPN
ftr-485	149	2	1.446	1.446	NUM
ftr-485	149	3	-	-	NUM
ftr-485	149	4	3(0(1	3(0(1	NUM
ftr-485	149	5	)	)	PUNCT
ftr-485	149	6	.	.	PUNCT
ftr-485	150	1	14	14	NUM
ftr-485	150	2	.	.	PUNCT
ftr-485	151	1	i	i	PRON
ftr-485	151	2	d.	d.	PROPN
ftr-485	151	3	15	15	NUM
ftr-485	151	4	.	.	PUNCT
ftr-485	151	5	regs	regs	PROPN
ftr-485	151	6	.	.	PUNCT
ftr-485	152	1	§	§	PROPN
ftr-485	152	2	1.446	1.446	NUM
ftr-485	152	3	-	-	NUM
ftr-485	152	4	3(0(2	3(0(2	NUM
ftr-485	152	5	)	)	PUNCT
ftr-485	152	6	.	.	PUNCT
ftr-485	153	1	16	16	NUM
ftr-485	153	2	.	.	PUNCT
ftr-485	153	3	regs	regs	PROPN
ftr-485	153	4	.	.	PUNCT
ftr-485	154	1	§	§	PROPN
ftr-485	154	2	1.446	1.446	NUM
ftr-485	154	3	-	-	NUM
ftr-485	154	4	3(0(1	3(0(1	NUM
ftr-485	154	5	)	)	PUNCT
ftr-485	154	6	.	.	PUNCT
ftr-485	155	1	17	17	NUM
ftr-485	155	2	.	.	PUNCT
ftr-485	155	3	regs	regs	PROPN
ftr-485	155	4	.	.	PUNCT
ftr-485	156	1	§	§	PROPN
ftr-485	156	2	1.446	1.446	NUM
ftr-485	156	3	-	-	SYM
ftr-485	156	4	3(h)(2	3(h)(2	NUM
ftr-485	156	5	)	)	PUNCT
ftr-485	156	6	.	.	PUNCT
ftr-485	157	1	18	18	NUM
ftr-485	157	2	.	.	PUNCT
ftr-485	157	3	regs	regs	PROPN
ftr-485	157	4	.	.	PUNCT
ftr-485	158	1	§	§	PROPN
ftr-485	158	2	1.446	1.446	NUM
ftr-485	158	3	-	-	SYM
ftr-485	158	4	3(h)(1	3(h)(1	NUM
ftr-485	158	5	)	)	PUNCT
ftr-485	158	6	.	.	PUNCT
ftr-485	159	1	19	19	NUM
ftr-485	159	2	.	.	X
ftr-485	159	3	see	see	VERB
ftr-485	159	4	regs	reg	NOUN
ftr-485	159	5	.	.	PUNCT
ftr-485	160	1	§	§	PROPN
ftr-485	160	2	1.446	1.446	NUM
ftr-485	160	3	-	-	SYM
ftr-485	160	4	3(g)(4	3(g)(4	NUM
ftr-485	160	5	)	)	PUNCT
ftr-485	160	6	.	.	PUNCT
ftr-485	161	1	embedded	embed	VERB
ftr-485	161	2	loans	loan	NOUN
ftr-485	161	3	are	be	AUX
ftr-485	161	4	discussed	discuss	VERB
ftr-485	161	5	extensively	extensively	ADV
ftr-485	161	6	in	in	ADP
ftr-485	161	7	parts	part	NOUN
ftr-485	161	8	ii	ii	NOUN
ftr-485	161	9	-	-	PUNCT
ftr-485	161	10	vi	vi	NOUN
ftr-485	161	11	.	.	PROPN
ftr-485	161	12	19951	19951	NUM
ftr-485	161	13	florida	florida	PROPN
ftr-485	161	14	tax	tax	NOUN
ftr-485	161	15	review	review	NOUN
ftr-485	161	16	in	in	ADP
ftr-485	161	17	a	a	DET
ftr-485	161	18	cross	cross	ADJ
ftr-485	161	19	-	-	ADJ
ftr-485	161	20	border	border	ADJ
ftr-485	161	21	transaction	transaction	NOUN
ftr-485	161	22	,	,	PUNCT
ftr-485	161	23	income	income	NOUN
ftr-485	161	24	under	under	ADP
ftr-485	161	25	a	a	DET
ftr-485	161	26	notional	notional	ADJ
ftr-485	161	27	principal	principal	ADJ
ftr-485	161	28	contract	contract	NOUN
ftr-485	161	29	is	be	AUX
ftr-485	161	30	sourced	source	VERB
ftr-485	161	31	in	in	ADP
ftr-485	161	32	the	the	DET
ftr-485	161	33	country	country	NOUN
ftr-485	161	34	of	of	ADP
ftr-485	161	35	the	the	DET
ftr-485	161	36	income	income	NOUN
ftr-485	161	37	recipient.2	recipient.2	ADV
ftr-485	161	38	"	"	PUNCT
ftr-485	161	39	since	since	SCONJ
ftr-485	161	40	u.s	u.s	PROPN
ftr-485	161	41	.	.	PROPN
ftr-485	161	42	withholding	withholding	NOUN
ftr-485	161	43	taxes	taxis	NOUN
ftr-485	161	44	apply	apply	VERB
ftr-485	161	45	only	only	ADV
ftr-485	161	46	to	to	ADP
ftr-485	161	47	u.s.-source	u.s.-source	ADJ
ftr-485	161	48	income	income	NOUN
ftr-485	161	49	of	of	ADP
ftr-485	161	50	foreign	foreign	ADJ
ftr-485	161	51	persons,2	persons,2	NOUN
ftr-485	161	52	swap	swap	NOUN
ftr-485	161	53	payments	payment	NOUN
ftr-485	161	54	to	to	ADP
ftr-485	161	55	a	a	DET
ftr-485	161	56	foreign	foreign	ADJ
ftr-485	161	57	person	person	NOUN
ftr-485	161	58	are	be	AUX
ftr-485	161	59	not	not	PART
ftr-485	161	60	subject	subject	ADJ
ftr-485	161	61	to	to	ADP
ftr-485	161	62	u.s	u.s	PROPN
ftr-485	161	63	.	.	PROPN
ftr-485	161	64	withholding	withholding	NOUN
ftr-485	161	65	taxes	taxis	NOUN
ftr-485	161	66	,	,	PUNCT
ftr-485	161	67	even	even	ADV
ftr-485	161	68	if	if	SCONJ
ftr-485	161	69	the	the	DET
ftr-485	161	70	payments	payment	NOUN
ftr-485	161	71	are	be	AUX
ftr-485	161	72	made	make	VERB
ftr-485	161	73	by	by	ADP
ftr-485	161	74	a	a	DET
ftr-485	161	75	u.s	u.s	PROPN
ftr-485	161	76	.	.	PROPN
ftr-485	161	77	counterparty	counterparty	PROPN
ftr-485	161	78	.	.	PUNCT
ftr-485	162	1	however	however	ADV
ftr-485	162	2	,	,	PUNCT
ftr-485	162	3	interest	interest	NOUN
ftr-485	162	4	income	income	NOUN
ftr-485	162	5	generally	generally	ADV
ftr-485	162	6	has	have	VERB
ftr-485	162	7	its	its	PRON
ftr-485	162	8	source	source	NOUN
ftr-485	162	9	at	at	ADP
ftr-485	162	10	the	the	DET
ftr-485	162	11	residence	residence	NOUN
ftr-485	162	12	of	of	ADP
ftr-485	162	13	the	the	DET
ftr-485	162	14	debtor,22	debtor,22	NOUN
ftr-485	162	15	and	and	CCONJ
ftr-485	162	16	payments	payment	NOUN
ftr-485	162	17	by	by	ADP
ftr-485	162	18	a	a	DET
ftr-485	162	19	u.s	u.s	PROPN
ftr-485	162	20	.	.	PROPN
ftr-485	162	21	person	person	NOUN
ftr-485	162	22	to	to	ADP
ftr-485	162	23	a	a	DET
ftr-485	162	24	foreign	foreign	ADJ
ftr-485	162	25	person	person	NOUN
ftr-485	162	26	under	under	ADP
ftr-485	162	27	a	a	DET
ftr-485	162	28	swap	swap	NOUN
ftr-485	162	29	agreement	agreement	NOUN
ftr-485	162	30	may	may	AUX
ftr-485	162	31	therefore	therefore	ADV
ftr-485	162	32	be	be	AUX
ftr-485	162	33	subject	subject	ADJ
ftr-485	162	34	to	to	ADP
ftr-485	162	35	u.s	u.s	PROPN
ftr-485	162	36	.	.	PROPN
ftr-485	162	37	withholding	withholding	NOUN
ftr-485	162	38	taxes	taxis	NOUN
ftr-485	162	39	to	to	ADP
ftr-485	162	40	the	the	DET
ftr-485	162	41	extent	extent	NOUN
ftr-485	162	42	the	the	DET
ftr-485	162	43	payments	payment	NOUN
ftr-485	162	44	are	be	AUX
ftr-485	162	45	recharacterized	recharacterize	VERB
ftr-485	162	46	as	as	ADP
ftr-485	162	47	interest	interest	NOUN
ftr-485	162	48	.	.	PUNCT
ftr-485	163	1	c.	c.	NOUN
ftr-485	163	2	reasons	reason	NOUN
ftr-485	163	3	for	for	ADP
ftr-485	163	4	off	off	ADP
ftr-485	163	5	-	-	PUNCT
ftr-485	163	6	market	market	NOUN
ftr-485	163	7	swaps	swap	NOUN
ftr-485	163	8	and	and	CCONJ
ftr-485	163	9	nonperiodic	nonperiodic	ADJ
ftr-485	163	10	payments	payment	NOUN
ftr-485	163	11	in	in	ADP
ftr-485	163	12	new	new	ADJ
ftr-485	163	13	swap	swap	NOUN
ftr-485	163	14	agreements	agreement	NOUN
ftr-485	163	15	,	,	PUNCT
ftr-485	163	16	large	large	ADJ
ftr-485	163	17	nonperiodic	nonperiodic	ADJ
ftr-485	163	18	payments	payment	NOUN
ftr-485	163	19	are	be	AUX
ftr-485	163	20	generally	generally	ADV
ftr-485	163	21	motivated	motivate	VERB
ftr-485	163	22	by	by	ADP
ftr-485	163	23	tax	tax	NOUN
ftr-485	163	24	,	,	PUNCT
ftr-485	163	25	accounting	accounting	NOUN
ftr-485	163	26	,	,	PUNCT
ftr-485	163	27	or	or	CCONJ
ftr-485	163	28	disclosure	disclosure	NOUN
ftr-485	163	29	considerations	consideration	NOUN
ftr-485	163	30	and	and	CCONJ
ftr-485	163	31	,	,	PUNCT
ftr-485	163	32	consequently	consequently	ADV
ftr-485	163	33	,	,	PUNCT
ftr-485	163	34	are	be	AUX
ftr-485	163	35	often	often	ADV
ftr-485	163	36	assumed	assume	VERB
ftr-485	163	37	by	by	ADP
ftr-485	163	38	the	the	DET
ftr-485	163	39	counterparties	counterpartie	NOUN
ftr-485	163	40	to	to	PART
ftr-485	163	41	be	be	AUX
ftr-485	163	42	little	little	ADV
ftr-485	163	43	more	more	ADJ
ftr-485	163	44	than	than	SCONJ
ftr-485	163	45	disguised	disguised	ADJ
ftr-485	163	46	loans.23	loans.23	PROPN
ftr-485	163	47	before	before	SCONJ
ftr-485	163	48	the	the	DET
ftr-485	163	49	swap	swap	NOUN
ftr-485	163	50	regulations	regulation	NOUN
ftr-485	163	51	were	be	AUX
ftr-485	163	52	issued	issue	VERB
ftr-485	163	53	,	,	PUNCT
ftr-485	163	54	large	large	ADJ
ftr-485	163	55	nonperiodic	nonperiodic	ADJ
ftr-485	163	56	payments	payment	NOUN
ftr-485	163	57	were	be	AUX
ftr-485	163	58	the	the	DET
ftr-485	163	59	basis	basis	NOUN
ftr-485	163	60	of	of	ADP
ftr-485	163	61	several	several	ADJ
ftr-485	163	62	abusive	abusive	ADJ
ftr-485	163	63	tax	tax	NOUN
ftr-485	163	64	practices	practice	NOUN
ftr-485	163	65	,	,	PUNCT
ftr-485	163	66	including	include	VERB
ftr-485	163	67	recognizing	recognize	VERB
ftr-485	163	68	an	an	DET
ftr-485	163	69	up	up	ADJ
ftr-485	163	70	-	-	PUNCT
ftr-485	163	71	front	front	NOUN
ftr-485	163	72	payment	payment	NOUN
ftr-485	163	73	as	as	ADP
ftr-485	163	74	income	income	NOUN
ftr-485	163	75	when	when	SCONJ
ftr-485	163	76	received	receive	VERB
ftr-485	163	77	in	in	ADP
ftr-485	163	78	order	order	NOUN
ftr-485	163	79	to	to	PART
ftr-485	163	80	roll	roll	VERB
ftr-485	163	81	net	net	ADJ
ftr-485	163	82	operating	operating	NOUN
ftr-485	163	83	losses	loss	NOUN
ftr-485	163	84	forward	forward	ADV
ftr-485	163	85	and	and	CCONJ
ftr-485	163	86	deducting	deduct	VERB
ftr-485	163	87	the	the	DET
ftr-485	163	88	up	up	ADJ
ftr-485	163	89	-	-	PUNCT
ftr-485	163	90	front	front	NOUN
ftr-485	163	91	payment	payment	NOUN
ftr-485	163	92	immediately	immediately	ADV
ftr-485	163	93	to	to	PART
ftr-485	163	94	offset	offset	VERB
ftr-485	163	95	other	other	ADJ
ftr-485	163	96	taxable	taxable	ADJ
ftr-485	163	97	income.24	income.24	NOUN
ftr-485	163	98	it	it	PRON
ftr-485	163	99	was	be	AUX
ftr-485	163	100	to	to	PART
ftr-485	163	101	curb	curb	VERB
ftr-485	163	102	such	such	ADJ
ftr-485	163	103	abuses	abuse	NOUN
ftr-485	163	104	that	that	SCONJ
ftr-485	163	105	the	the	DET
ftr-485	163	106	irs	irs	PROPN
ftr-485	163	107	undertook	undertake	VERB
ftr-485	163	108	to	to	PART
ftr-485	163	109	regulate	regulate	VERB
ftr-485	163	110	large	large	ADJ
ftr-485	163	111	nonperiodic	nonperiodic	ADJ
ftr-485	163	112	payments.25	payments.25	NOUN
ftr-485	163	113	off	off	ADP
ftr-485	163	114	-	-	PUNCT
ftr-485	163	115	market	market	NOUN
ftr-485	163	116	interest	interest	NOUN
ftr-485	163	117	rate	rate	NOUN
ftr-485	163	118	swaps	swap	NOUN
ftr-485	163	119	with	with	ADP
ftr-485	163	120	large	large	ADJ
ftr-485	163	121	nonperiodic	nonperiodic	ADJ
ftr-485	163	122	payments	payment	NOUN
ftr-485	163	123	may	may	AUX
ftr-485	163	124	also	also	ADV
ftr-485	163	125	be	be	AUX
ftr-485	163	126	used	use	VERB
ftr-485	163	127	when	when	SCONJ
ftr-485	163	128	a	a	DET
ftr-485	163	129	counterparty	counterparty	NOUN
ftr-485	163	130	wants	want	VERB
ftr-485	163	131	to	to	PART
ftr-485	163	132	pay	pay	VERB
ftr-485	163	133	or	or	CCONJ
ftr-485	163	134	receive	receive	VERB
ftr-485	163	135	fixed	fix	VERB
ftr-485	163	136	-	-	PUNCT
ftr-485	163	137	rate	rate	NOUN
ftr-485	163	138	amounts	amount	NOUN
ftr-485	163	139	differing	differ	VERB
ftr-485	163	140	from	from	ADP
ftr-485	163	141	current	current	ADJ
ftr-485	163	142	market	market	NOUN
ftr-485	163	143	rates	rate	NOUN
ftr-485	163	144	in	in	ADP
ftr-485	163	145	order	order	NOUN
ftr-485	163	146	to	to	PART
ftr-485	163	147	match	match	VERB
ftr-485	163	148	the	the	DET
ftr-485	163	149	cash	cash	NOUN
ftr-485	163	150	-	-	PUNCT
ftr-485	163	151	flow	flow	NOUN
ftr-485	163	152	on	on	ADP
ftr-485	163	153	an	an	DET
ftr-485	163	154	asset	asset	NOUN
ftr-485	163	155	or	or	CCONJ
ftr-485	163	156	liability	liability	NOUN
ftr-485	163	157	(	(	PUNCT
ftr-485	163	158	e.g.	e.g.	ADV
ftr-485	163	159	,	,	PUNCT
ftr-485	163	160	a	a	DET
ftr-485	163	161	bond).26	bond).26	PROPN
ftr-485	163	162	in	in	ADP
ftr-485	163	163	addition	addition	NOUN
ftr-485	163	164	,	,	PUNCT
ftr-485	163	165	they	they	PRON
ftr-485	163	166	may	may	AUX
ftr-485	163	167	be	be	AUX
ftr-485	163	168	used	use	VERB
ftr-485	163	169	to	to	PART
ftr-485	163	170	obtain	obtain	VERB
ftr-485	163	171	"	"	PUNCT
ftr-485	163	172	off	off	ADP
ftr-485	163	173	balance	balance	NOUN
ftr-485	163	174	sheet	sheet	NOUN
ftr-485	163	175	"	"	PUNCT
ftr-485	163	176	or	or	CCONJ
ftr-485	163	177	undisclosed	undisclosed	ADJ
ftr-485	163	178	financing	financing	NOUN
ftr-485	163	179	and	and	CCONJ
ftr-485	163	180	by	by	ADP
ftr-485	163	181	parties	party	NOUN
ftr-485	163	182	unable	unable	ADJ
ftr-485	163	183	to	to	PART
ftr-485	163	184	borrow	borrow	VERB
ftr-485	163	185	20	20	NUM
ftr-485	163	186	.	.	PUNCT
ftr-485	164	1	regs	regs	PROPN
ftr-485	164	2	.	.	PUNCT
ftr-485	165	1	§	§	PROPN
ftr-485	165	2	1.863	1.863	NUM
ftr-485	165	3	-	-	PUNCT
ftr-485	165	4	7(b)(1	7(b)(1	NUM
ftr-485	165	5	)	)	PUNCT
ftr-485	165	6	.	.	PUNCT
ftr-485	166	1	21	21	NUM
ftr-485	166	2	.	.	PUNCT
ftr-485	166	3	irc	irc	PROPN
ftr-485	166	4	§	§	PROPN
ftr-485	166	5	§	§	PROPN
ftr-485	166	6	871(a)(1	871(a)(1	NOUN
ftr-485	166	7	)	)	PUNCT
ftr-485	166	8	,	,	PUNCT
ftr-485	166	9	881(a	881(a	PROPN
ftr-485	166	10	)	)	PUNCT
ftr-485	166	11	.	.	PUNCT
ftr-485	167	1	22	22	NUM
ftr-485	167	2	.	.	PUNCT
ftr-485	167	3	irc	irc	PROPN
ftr-485	167	4	§	§	PROPN
ftr-485	167	5	861(a)(1	861(a)(1	PROPN
ftr-485	167	6	)	)	PUNCT
ftr-485	167	7	.	.	PUNCT
ftr-485	168	1	23	23	NUM
ftr-485	168	2	.	.	X
ftr-485	169	1	nonperiodic	nonperiodic	ADJ
ftr-485	169	2	payments	payment	NOUN
ftr-485	169	3	for	for	ADP
ftr-485	169	4	off	off	ADP
ftr-485	169	5	-	-	PUNCT
ftr-485	169	6	market	market	NOUN
ftr-485	169	7	interest	interest	NOUN
ftr-485	169	8	rate	rate	NOUN
ftr-485	169	9	swaps	swap	NOUN
ftr-485	169	10	are	be	AUX
ftr-485	169	11	often	often	ADV
ftr-485	169	12	made	make	VERB
ftr-485	169	13	when	when	SCONJ
ftr-485	169	14	the	the	DET
ftr-485	169	15	contract	contract	NOUN
ftr-485	169	16	is	be	AUX
ftr-485	169	17	made	make	VERB
ftr-485	169	18	and	and	CCONJ
ftr-485	169	19	thus	thus	ADV
ftr-485	169	20	are	be	AUX
ftr-485	169	21	called	call	VERB
ftr-485	169	22	"	"	PUNCT
ftr-485	169	23	up	up	ADP
ftr-485	169	24	-	-	PUNCT
ftr-485	169	25	front	front	NOUN
ftr-485	169	26	"	"	PUNCT
ftr-485	169	27	payments	payment	NOUN
ftr-485	169	28	.	.	PUNCT
ftr-485	170	1	however	however	ADV
ftr-485	170	2	,	,	PUNCT
ftr-485	170	3	similar	similar	ADJ
ftr-485	170	4	nonperiodic	nonperiodic	ADJ
ftr-485	170	5	payments	payment	NOUN
ftr-485	170	6	may	may	AUX
ftr-485	170	7	also	also	ADV
ftr-485	170	8	be	be	AUX
ftr-485	170	9	made	make	VERB
ftr-485	170	10	later	later	ADV
ftr-485	170	11	during	during	ADP
ftr-485	170	12	the	the	DET
ftr-485	170	13	term	term	NOUN
ftr-485	170	14	of	of	ADP
ftr-485	170	15	the	the	DET
ftr-485	170	16	contract	contract	NOUN
ftr-485	170	17	.	.	PUNCT
ftr-485	171	1	24	24	NUM
ftr-485	171	2	.	.	PUNCT
ftr-485	172	1	see	see	VERB
ftr-485	172	2	lee	lee	PROPN
ftr-485	172	3	a.	a.	PROPN
ftr-485	172	4	sheppard	sheppard	PROPN
ftr-485	172	5	,	,	PUNCT
ftr-485	172	6	safe	safe	ADJ
ftr-485	172	7	harbor	harbor	NOUN
ftr-485	172	8	leasing	leasing	NOUN
ftr-485	172	9	revisited	revisit	VERB
ftr-485	172	10	:	:	PUNCT
ftr-485	172	11	using	use	VERB
ftr-485	172	12	swaps	swap	NOUN
ftr-485	172	13	to	to	PART
ftr-485	172	14	avoid	avoid	VERB
ftr-485	172	15	nol	nol	NOUN
ftr-485	172	16	limitations	limitation	NOUN
ftr-485	172	17	,	,	PUNCT
ftr-485	172	18	41	41	NUM
ftr-485	172	19	tax	tax	NOUN
ftr-485	172	20	notes	note	NOUN
ftr-485	172	21	485	485	NUM
ftr-485	172	22	(	(	PUNCT
ftr-485	172	23	oct	oct	PROPN
ftr-485	172	24	.	.	PROPN
ftr-485	172	25	31	31	NUM
ftr-485	172	26	,	,	PUNCT
ftr-485	172	27	1988	1988	NUM
ftr-485	172	28	)	)	PUNCT
ftr-485	172	29	.	.	PUNCT
ftr-485	173	1	according	accord	VERB
ftr-485	173	2	to	to	ADP
ftr-485	173	3	notice	notice	VERB
ftr-485	173	4	89	89	NUM
ftr-485	173	5	-	-	SYM
ftr-485	173	6	21	21	NUM
ftr-485	173	7	,	,	PUNCT
ftr-485	173	8	1989	1989	NUM
ftr-485	173	9	-	-	SYM
ftr-485	173	10	1	1	NUM
ftr-485	173	11	c.b	c.b	PROPN
ftr-485	173	12	.	.	PROPN
ftr-485	173	13	651	651	NUM
ftr-485	173	14	,	,	PUNCT
ftr-485	173	15	including	include	VERB
ftr-485	173	16	such	such	ADJ
ftr-485	173	17	up	up	ADP
ftr-485	173	18	-	-	PUNCT
ftr-485	173	19	front	front	NOUN
ftr-485	173	20	payments	payment	NOUN
ftr-485	173	21	in	in	ADP
ftr-485	173	22	income	income	NOUN
ftr-485	173	23	when	when	SCONJ
ftr-485	173	24	received	receive	VERB
ftr-485	173	25	is	be	AUX
ftr-485	173	26	not	not	PART
ftr-485	173	27	an	an	DET
ftr-485	173	28	accurate	accurate	ADJ
ftr-485	173	29	reflection	reflection	NOUN
ftr-485	173	30	of	of	ADP
ftr-485	173	31	income	income	NOUN
ftr-485	173	32	.	.	PUNCT
ftr-485	174	1	an	an	DET
ftr-485	174	2	acceptable	acceptable	ADJ
ftr-485	174	3	method	method	NOUN
ftr-485	174	4	of	of	ADP
ftr-485	174	5	accounting	accounting	NOUN
ftr-485	174	6	is	be	AUX
ftr-485	174	7	one	one	NUM
ftr-485	174	8	that	that	PRON
ftr-485	174	9	recognizes	recognize	VERB
ftr-485	174	10	the	the	DET
ftr-485	174	11	payment	payment	NOUN
ftr-485	174	12	"	"	PUNCT
ftr-485	174	13	over	over	ADP
ftr-485	174	14	the	the	DET
ftr-485	174	15	life	life	NOUN
ftr-485	174	16	"	"	PUNCT
ftr-485	174	17	of	of	ADP
ftr-485	174	18	the	the	DET
ftr-485	174	19	swap	swap	NOUN
ftr-485	174	20	contract	contract	NOUN
ftr-485	174	21	.	.	PUNCT
ftr-485	175	1	this	this	PRON
ftr-485	175	2	led	lead	VERB
ftr-485	175	3	to	to	ADP
ftr-485	175	4	regs	reg	NOUN
ftr-485	175	5	.	.	PUNCT
ftr-485	176	1	§	§	PROPN
ftr-485	176	2	1.446	1.446	NUM
ftr-485	176	3	-	-	SYM
ftr-485	176	4	3(g	3(g	NUM
ftr-485	176	5	)	)	PUNCT
ftr-485	176	6	and	and	CCONJ
ftr-485	176	7	the	the	DET
ftr-485	176	8	recharacterization	recharacterization	NOUN
ftr-485	176	9	discussed	discuss	VERB
ftr-485	176	10	in	in	ADP
ftr-485	176	11	this	this	DET
ftr-485	176	12	article	article	NOUN
ftr-485	176	13	.	.	PUNCT
ftr-485	177	1	for	for	ADP
ftr-485	177	2	discussion	discussion	NOUN
ftr-485	177	3	of	of	ADP
ftr-485	177	4	notice	notice	NOUN
ftr-485	177	5	89	89	NUM
ftr-485	177	6	-	-	SYM
ftr-485	177	7	21	21	NUM
ftr-485	177	8	,	,	PUNCT
ftr-485	177	9	see	see	VERB
ftr-485	177	10	jeffrey	jeffrey	PROPN
ftr-485	177	11	p.	p.	PROPN
ftr-485	177	12	cantrell	cantrell	PROPN
ftr-485	177	13	et	et	PROPN
ftr-485	177	14	at	at	ADP
ftr-485	177	15	.	.	PROPN
ftr-485	177	16	,	,	PUNCT
ftr-485	177	17	notice	notice	VERB
ftr-485	177	18	89	89	NUM
ftr-485	177	19	-	-	SYM
ftr-485	177	20	21	21	NUM
ftr-485	177	21	crashes	crash	VERB
ftr-485	177	22	the	the	DET
ftr-485	177	23	interest	interest	NOUN
ftr-485	177	24	rate	rate	NOUN
ftr-485	177	25	swap	swap	PROPN
ftr-485	177	26	party	party	NOUN
ftr-485	177	27	,	,	PUNCT
ftr-485	177	28	45	45	NUM
ftr-485	177	29	tax	tax	NOUN
ftr-485	177	30	notes	note	NOUN
ftr-485	177	31	337	337	NUM
ftr-485	177	32	(	(	PUNCT
ftr-485	177	33	oct	oct	PROPN
ftr-485	177	34	.	.	PROPN
ftr-485	177	35	16	16	NUM
ftr-485	177	36	,	,	PUNCT
ftr-485	177	37	1989	1989	NUM
ftr-485	177	38	)	)	PUNCT
ftr-485	177	39	;	;	PUNCT
ftr-485	178	1	thomas	thomas	PROPN
ftr-485	178	2	k.	k.	PROPN
ftr-485	178	3	kopp	kopp	PROPN
ftr-485	178	4	&	&	CCONJ
ftr-485	178	5	achim	achim	PROPN
ftr-485	178	6	c.	c.	PROPN
ftr-485	178	7	pross	pross	PROPN
ftr-485	178	8	,	,	PUNCT
ftr-485	178	9	u.s	u.s	PROPN
ftr-485	178	10	.	.	PROPN
ftr-485	178	11	national	national	ADJ
ftr-485	178	12	and	and	CCONJ
ftr-485	178	13	international	international	ADJ
ftr-485	178	14	taxation	taxation	NOUN
ftr-485	178	15	of	of	ADP
ftr-485	178	16	interest	interest	NOUN
ftr-485	178	17	rate	rate	NOUN
ftr-485	178	18	swaps	swap	NOUN
ftr-485	178	19	,	,	PUNCT
ftr-485	178	20	1994	1994	NUM
ftr-485	178	21	intertax	intertax	NOUN
ftr-485	178	22	365	365	NUM
ftr-485	178	23	,	,	PUNCT
ftr-485	178	24	370	370	NUM
ftr-485	178	25	.	.	X
ftr-485	178	26	25	25	NUM
ftr-485	178	27	.	.	PUNCT
ftr-485	178	28	notice	notice	VERB
ftr-485	178	29	89	89	NUM
ftr-485	178	30	-	-	SYM
ftr-485	178	31	21	21	NUM
ftr-485	178	32	,	,	PUNCT
ftr-485	178	33	supra	supra	PROPN
ftr-485	178	34	note	note	NOUN
ftr-485	178	35	24	24	NUM
ftr-485	178	36	.	.	PUNCT
ftr-485	178	37	26	26	NUM
ftr-485	178	38	.	.	PUNCT
ftr-485	179	1	see	see	VERB
ftr-485	179	2	peter	peter	PROPN
ftr-485	179	3	c.	c.	PROPN
ftr-485	179	4	canellos	canello	NOUN
ftr-485	179	5	et	et	PROPN
ftr-485	179	6	al	al	PROPN
ftr-485	179	7	.	.	PROPN
ftr-485	179	8	,	,	PUNCT
ftr-485	179	9	report	report	VERB
ftr-485	179	10	on	on	ADP
ftr-485	179	11	tax	tax	NOUN
ftr-485	179	12	accounting	accounting	NOUN
ftr-485	179	13	for	for	ADP
ftr-485	179	14	notional	notional	ADJ
ftr-485	179	15	principal	principal	ADJ
ftr-485	179	16	contracts	contract	NOUN
ftr-485	179	17	,	,	PUNCT
ftr-485	179	18	n.y	n.y	PROPN
ftr-485	179	19	.	.	PROPN
ftr-485	179	20	st	st	PROPN
ftr-485	179	21	.	.	PROPN
ftr-485	179	22	b.	b.	PROPN
ftr-485	180	1	ass'n	ass'n	PROPN
ftr-485	180	2	tax	tax	PROPN
ftr-485	180	3	sec	sec	PROPN
ftr-485	180	4	.	.	PROPN
ftr-485	180	5	comm	comm	NOUN
ftr-485	180	6	.	.	PUNCT
ftr-485	181	1	on	on	ADP
ftr-485	181	2	financial	financial	ADJ
ftr-485	181	3	instruments	instrument	NOUN
ftr-485	181	4	[	[	X
ftr-485	181	5	hereinafter	hereinafter	NOUN
ftr-485	181	6	n.y	n.y	PROPN
ftr-485	181	7	.	.	PROPN
ftr-485	181	8	st	st	PROPN
ftr-485	181	9	.	.	PROPN
ftr-485	181	10	b.	b.	PROPN
ftr-485	181	11	ass'n	ass'n	PROPN
ftr-485	181	12	report	report	PROPN
ftr-485	181	13	]	]	PUNCT
ftr-485	181	14	,	,	PUNCT
ftr-485	181	15	sept	sept	PROPN
ftr-485	181	16	.	.	PROPN
ftr-485	181	17	28	28	NUM
ftr-485	181	18	,	,	PUNCT
ftr-485	181	19	1989	1989	NUM
ftr-485	181	20	,	,	PUNCT
ftr-485	181	21	at	at	ADP
ftr-485	181	22	21	21	NUM
ftr-485	181	23	.	.	PUNCT
ftr-485	182	1	[	[	X
ftr-485	182	2	vol	vol	NOUN
ftr-485	182	3	2:11	2:11	NUM
ftr-485	182	4	the	the	DET
ftr-485	182	5	recharacterization	recharacterization	NOUN
ftr-485	182	6	of	of	ADP
ftr-485	182	7	cross	cross	ADJ
ftr-485	182	8	-	-	ADJ
ftr-485	182	9	border	border	ADJ
ftr-485	182	10	interest	interest	NOUN
ftr-485	182	11	rate	rate	NOUN
ftr-485	182	12	swaps	swap	NOUN
ftr-485	182	13	money	money	NOUN
ftr-485	182	14	for	for	ADP
ftr-485	182	15	reasons	reason	NOUN
ftr-485	182	16	such	such	ADJ
ftr-485	182	17	as	as	ADP
ftr-485	182	18	restrictive	restrictive	ADJ
ftr-485	182	19	credit	credit	NOUN
ftr-485	182	20	agreements	agreement	NOUN
ftr-485	182	21	,	,	PUNCT
ftr-485	182	22	indenture	indenture	NOUN
ftr-485	182	23	restrictions	restriction	NOUN
ftr-485	182	24	,	,	PUNCT
ftr-485	182	25	or	or	CCONJ
ftr-485	182	26	regulatory	regulatory	ADJ
ftr-485	182	27	disclosure	disclosure	NOUN
ftr-485	182	28	considerations	consideration	NOUN
ftr-485	182	29	.	.	PUNCT
ftr-485	183	1	for	for	ADP
ftr-485	183	2	instance	instance	NOUN
ftr-485	183	3	,	,	PUNCT
ftr-485	183	4	an	an	DET
ftr-485	183	5	off	off	ADP
ftr-485	183	6	-	-	PUNCT
ftr-485	183	7	market	market	NOUN
ftr-485	183	8	swap	swap	NOUN
ftr-485	183	9	might	might	AUX
ftr-485	183	10	be	be	AUX
ftr-485	183	11	made	make	VERB
ftr-485	183	12	to	to	PART
ftr-485	183	13	evade	evade	VERB
ftr-485	183	14	contractual	contractual	ADJ
ftr-485	183	15	limits	limit	NOUN
ftr-485	183	16	placed	place	VERB
ftr-485	183	17	on	on	ADP
ftr-485	183	18	a	a	DET
ftr-485	183	19	company	company	NOUN
ftr-485	183	20	's	's	PART
ftr-485	183	21	borrowing	borrowing	NOUN
ftr-485	183	22	while	while	SCONJ
ftr-485	183	23	on	on	ADP
ftr-485	183	24	-	-	PUNCT
ftr-485	183	25	going	go	VERB
ftr-485	183	26	debt	debt	NOUN
ftr-485	183	27	is	be	AUX
ftr-485	183	28	being	be	AUX
ftr-485	183	29	serviced	service	VERB
ftr-485	183	30	.	.	PUNCT
ftr-485	184	1	in	in	ADP
ftr-485	184	2	these	these	DET
ftr-485	184	3	examples	example	NOUN
ftr-485	184	4	the	the	DET
ftr-485	184	5	parties	party	NOUN
ftr-485	184	6	are	be	AUX
ftr-485	184	7	treating	treat	VERB
ftr-485	184	8	the	the	DET
ftr-485	184	9	nonperiodic	nonperiodic	ADJ
ftr-485	184	10	payment	payment	NOUN
ftr-485	184	11	as	as	ADP
ftr-485	184	12	a	a	DET
ftr-485	184	13	substitute	substitute	NOUN
ftr-485	184	14	for	for	ADP
ftr-485	184	15	a	a	DET
ftr-485	184	16	loan	loan	NOUN
ftr-485	184	17	,	,	PUNCT
ftr-485	184	18	even	even	ADV
ftr-485	184	19	though	though	SCONJ
ftr-485	184	20	the	the	DET
ftr-485	184	21	swap	swap	NOUN
ftr-485	184	22	contains	contain	VERB
ftr-485	184	23	no	no	DET
ftr-485	184	24	contractual	contractual	ADJ
ftr-485	184	25	obligation	obligation	NOUN
ftr-485	184	26	for	for	ADP
ftr-485	184	27	the	the	DET
ftr-485	184	28	repayment	repayment	NOUN
ftr-485	184	29	of	of	ADP
ftr-485	184	30	the	the	DET
ftr-485	184	31	"	"	PUNCT
ftr-485	184	32	loan	loan	NOUN
ftr-485	184	33	"	"	PUNCT
ftr-485	184	34	to	to	ADP
ftr-485	184	35	the	the	DET
ftr-485	184	36	"	"	PUNCT
ftr-485	184	37	lender	lender	NOUN
ftr-485	184	38	.	.	PUNCT
ftr-485	184	39	"	"	PUNCT
ftr-485	185	1	27	27	NUM
ftr-485	185	2	however	however	ADV
ftr-485	185	3	,	,	PUNCT
ftr-485	185	4	interest	interest	NOUN
ftr-485	185	5	rate	rate	NOUN
ftr-485	185	6	swaps	swap	NOUN
ftr-485	185	7	with	with	ADP
ftr-485	185	8	large	large	ADJ
ftr-485	185	9	nonperiodic	nonperiodic	ADJ
ftr-485	185	10	payments	payment	NOUN
ftr-485	185	11	do	do	AUX
ftr-485	185	12	not	not	PART
ftr-485	185	13	always	always	ADV
ftr-485	185	14	derive	derive	VERB
ftr-485	185	15	from	from	ADP
ftr-485	185	16	abuse	abuse	NOUN
ftr-485	185	17	or	or	CCONJ
ftr-485	185	18	evasion	evasion	NOUN
ftr-485	185	19	,	,	PUNCT
ftr-485	185	20	and	and	CCONJ
ftr-485	185	21	such	such	ADJ
ftr-485	185	22	swap	swap	NOUN
ftr-485	185	23	payments	payment	NOUN
ftr-485	185	24	are	be	AUX
ftr-485	185	25	necessary	necessary	ADJ
ftr-485	185	26	to	to	PART
ftr-485	185	27	ensure	ensure	VERB
ftr-485	185	28	the	the	DET
ftr-485	185	29	liquidity	liquidity	NOUN
ftr-485	185	30	of	of	ADP
ftr-485	185	31	the	the	DET
ftr-485	185	32	swap	swap	NOUN
ftr-485	185	33	markets	market	NOUN
ftr-485	185	34	.	.	PUNCT
ftr-485	186	1	specifically	specifically	ADV
ftr-485	186	2	,	,	PUNCT
ftr-485	186	3	following	follow	VERB
ftr-485	186	4	a	a	DET
ftr-485	186	5	substantial	substantial	ADJ
ftr-485	186	6	change	change	NOUN
ftr-485	186	7	in	in	ADP
ftr-485	186	8	market	market	NOUN
ftr-485	186	9	interest	interest	NOUN
ftr-485	186	10	rates	rate	NOUN
ftr-485	186	11	(	(	PUNCT
ftr-485	186	12	e.g.	e.g.	ADV
ftr-485	186	13	,	,	PUNCT
ftr-485	186	14	the	the	DET
ftr-485	186	15	floating	float	VERB
ftr-485	186	16	interest	interest	NOUN
ftr-485	186	17	rate	rate	NOUN
ftr-485	186	18	used	use	VERB
ftr-485	186	19	in	in	ADP
ftr-485	186	20	a	a	DET
ftr-485	186	21	swap	swap	NOUN
ftr-485	186	22	rises	rise	NOUN
ftr-485	186	23	from	from	ADP
ftr-485	186	24	6	6	NUM
ftr-485	186	25	%	%	NOUN
ftr-485	186	26	to	to	PART
ftr-485	186	27	10	10	NUM
ftr-485	186	28	%	%	NOUN
ftr-485	186	29	while	while	SCONJ
ftr-485	186	30	the	the	DET
ftr-485	186	31	fixed	fix	VERB
ftr-485	186	32	rate	rate	NOUN
ftr-485	186	33	remains	remain	VERB
ftr-485	186	34	at	at	ADP
ftr-485	186	35	6	6	NUM
ftr-485	186	36	%	%	NOUN
ftr-485	186	37	)	)	PUNCT
ftr-485	186	38	,	,	PUNCT
ftr-485	186	39	'	'	PUNCT
ftr-485	186	40	participants	participant	NOUN
ftr-485	186	41	in	in	ADP
ftr-485	186	42	interest	interest	NOUN
ftr-485	186	43	rate	rate	NOUN
ftr-485	186	44	swaps	swap	NOUN
ftr-485	186	45	that	that	PRON
ftr-485	186	46	were	be	AUX
ftr-485	186	47	originally	originally	ADV
ftr-485	186	48	priced	price	VERB
ftr-485	186	49	at	at	ADP
ftr-485	186	50	current	current	ADJ
ftr-485	186	51	market	market	NOUN
ftr-485	186	52	rates	rate	NOUN
ftr-485	186	53	,	,	PUNCT
ftr-485	186	54	without	without	ADP
ftr-485	186	55	nonperiodic	nonperiodic	ADJ
ftr-485	186	56	payments	payment	NOUN
ftr-485	186	57	,	,	PUNCT
ftr-485	186	58	may	may	AUX
ftr-485	186	59	find	find	VERB
ftr-485	186	60	that	that	SCONJ
ftr-485	186	61	they	they	PRON
ftr-485	186	62	are	be	AUX
ftr-485	186	63	making	make	VERB
ftr-485	186	64	or	or	CCONJ
ftr-485	186	65	losing	lose	VERB
ftr-485	186	66	substantially	substantially	ADV
ftr-485	186	67	more	more	ADJ
ftr-485	186	68	money	money	NOUN
ftr-485	186	69	on	on	ADP
ftr-485	186	70	the	the	DET
ftr-485	186	71	swap	swap	NOUN
ftr-485	186	72	than	than	SCONJ
ftr-485	186	73	they	they	PRON
ftr-485	186	74	expected	expect	VERB
ftr-485	186	75	when	when	SCONJ
ftr-485	186	76	they	they	PRON
ftr-485	186	77	entered	enter	VERB
ftr-485	186	78	into	into	ADP
ftr-485	186	79	the	the	DET
ftr-485	186	80	swap	swap	NOUN
ftr-485	186	81	.	.	PUNCT
ftr-485	187	1	many	many	ADJ
ftr-485	187	2	of	of	ADP
ftr-485	187	3	those	those	DET
ftr-485	187	4	participants	participant	NOUN
ftr-485	187	5	then	then	ADV
ftr-485	187	6	chose	choose	VERB
ftr-485	187	7	to	to	PART
ftr-485	187	8	terminate	terminate	VERB
ftr-485	187	9	,	,	PUNCT
ftr-485	187	10	"	"	PUNCT
ftr-485	187	11	lock	lock	VERB
ftr-485	187	12	in	in	ADP
ftr-485	187	13	,	,	PUNCT
ftr-485	187	14	"	"	PUNCT
ftr-485	187	15	or	or	CCONJ
ftr-485	187	16	alter	alter	VERB
ftr-485	187	17	their	their	PRON
ftr-485	187	18	existing	exist	VERB
ftr-485	187	19	or	or	CCONJ
ftr-485	187	20	potential	potential	ADJ
ftr-485	187	21	economic	economic	ADJ
ftr-485	187	22	gain	gain	NOUN
ftr-485	187	23	or	or	CCONJ
ftr-485	187	24	loss	loss	NOUN
ftr-485	187	25	,	,	PUNCT
ftr-485	187	26	or	or	CCONJ
ftr-485	187	27	to	to	PART
ftr-485	187	28	completely	completely	ADV
ftr-485	187	29	realize	realize	VERB
ftr-485	187	30	at	at	ADP
ftr-485	187	31	that	that	DET
ftr-485	187	32	time	time	NOUN
ftr-485	187	33	their	their	PRON
ftr-485	187	34	economic	economic	ADJ
ftr-485	187	35	gain	gain	NOUN
ftr-485	187	36	or	or	CCONJ
ftr-485	187	37	loss	loss	NOUN
ftr-485	187	38	.	.	PUNCT
ftr-485	188	1	a	a	DET
ftr-485	188	2	swap	swap	NOUN
ftr-485	188	3	participant	participant	NOUN
ftr-485	188	4	may	may	AUX
ftr-485	188	5	not	not	PART
ftr-485	188	6	wish	wish	VERB
ftr-485	188	7	to	to	PART
ftr-485	188	8	incur	incur	VERB
ftr-485	188	9	additional	additional	ADJ
ftr-485	188	10	losses	loss	NOUN
ftr-485	188	11	,	,	PUNCT
ftr-485	188	12	or	or	CCONJ
ftr-485	188	13	it	it	PRON
ftr-485	188	14	may	may	AUX
ftr-485	188	15	desire	desire	VERB
ftr-485	188	16	to	to	PART
ftr-485	188	17	ensure	ensure	VERB
ftr-485	188	18	its	its	PRON
ftr-485	188	19	gains	gain	NOUN
ftr-485	188	20	on	on	ADP
ftr-485	188	21	the	the	DET
ftr-485	188	22	initial	initial	ADJ
ftr-485	188	23	swap	swap	NOUN
ftr-485	188	24	.	.	PUNCT
ftr-485	189	1	this	this	PRON
ftr-485	189	2	may	may	AUX
ftr-485	189	3	be	be	AUX
ftr-485	189	4	done	do	VERB
ftr-485	189	5	by	by	ADP
ftr-485	189	6	terminating	terminate	VERB
ftr-485	189	7	its	its	PRON
ftr-485	189	8	position	position	NOUN
ftr-485	189	9	by	by	ADP
ftr-485	189	10	extinguishment	extinguishment	NOUN
ftr-485	189	11	or	or	CCONJ
ftr-485	189	12	assignment	assignment	NOUN
ftr-485	189	13	,	,	PUNCT
ftr-485	189	14	by	by	ADP
ftr-485	189	15	assigning	assign	VERB
ftr-485	189	16	one	one	NUM
ftr-485	189	17	leg	leg	NOUN
ftr-485	189	18	of	of	ADP
ftr-485	189	19	its	its	PRON
ftr-485	189	20	swap	swap	NOUN
ftr-485	189	21	position	position	NOUN
ftr-485	189	22	,	,	PUNCT
ftr-485	189	23	or	or	CCONJ
ftr-485	189	24	by	by	ADP
ftr-485	189	25	entering	enter	VERB
ftr-485	189	26	into	into	ADP
ftr-485	189	27	a	a	DET
ftr-485	189	28	new	new	ADJ
ftr-485	189	29	offsetting	offset	VERB
ftr-485	189	30	swap	swap	NOUN
ftr-485	189	31	.	.	PUNCT
ftr-485	190	1	29	29	NUM
ftr-485	191	1	because	because	SCONJ
ftr-485	191	2	of	of	ADP
ftr-485	191	3	the	the	DET
ftr-485	191	4	substantial	substantial	ADJ
ftr-485	191	5	interest	interest	NOUN
ftr-485	191	6	rate	rate	NOUN
ftr-485	191	7	change	change	NOUN
ftr-485	191	8	since	since	SCONJ
ftr-485	191	9	the	the	DET
ftr-485	191	10	original	original	ADJ
ftr-485	191	11	swap	swap	NOUN
ftr-485	191	12	was	be	AUX
ftr-485	191	13	established	establish	VERB
ftr-485	191	14	,	,	PUNCT
ftr-485	191	15	many	many	ADJ
ftr-485	191	16	of	of	ADP
ftr-485	191	17	these	these	DET
ftr-485	191	18	new	new	ADJ
ftr-485	191	19	contractual	contractual	ADJ
ftr-485	191	20	arrangements	arrangement	NOUN
ftr-485	191	21	are	be	AUX
ftr-485	191	22	off	off	ADP
ftr-485	191	23	-	-	PUNCT
ftr-485	191	24	market	market	NOUN
ftr-485	191	25	and	and	CCONJ
ftr-485	191	26	require	require	VERB
ftr-485	191	27	large	large	ADJ
ftr-485	191	28	nonperiodic	nonperiodic	ADJ
ftr-485	191	29	payments	payment	NOUN
ftr-485	191	30	.	.	PUNCT
ftr-485	192	1	a	a	DET
ftr-485	192	2	winning	win	VERB
ftr-485	192	3	party	party	NOUN
ftr-485	192	4	wishing	wish	VERB
ftr-485	192	5	to	to	PART
ftr-485	192	6	realize	realize	VERB
ftr-485	192	7	its	its	PRON
ftr-485	192	8	profits	profit	NOUN
ftr-485	192	9	immediately	immediately	ADV
ftr-485	192	10	must	must	AUX
ftr-485	192	11	receive	receive	VERB
ftr-485	192	12	a	a	DET
ftr-485	192	13	large	large	ADJ
ftr-485	192	14	nonperiodic	nonperiodic	ADJ
ftr-485	192	15	27	27	NUM
ftr-485	192	16	.	.	PUNCT
ftr-485	193	1	see	see	VERB
ftr-485	193	2	infra	infra	NOUN
ftr-485	193	3	part	part	NOUN
ftr-485	193	4	v	v	NOUN
ftr-485	193	5	for	for	ADP
ftr-485	193	6	extensive	extensive	ADJ
ftr-485	193	7	discussion	discussion	NOUN
ftr-485	193	8	of	of	ADP
ftr-485	193	9	this	this	DET
ftr-485	193	10	issue	issue	NOUN
ftr-485	193	11	.	.	PUNCT
ftr-485	194	1	28	28	NUM
ftr-485	194	2	.	.	PUNCT
ftr-485	195	1	the	the	DET
ftr-485	195	2	chart	chart	NOUN
ftr-485	195	3	below	below	ADV
ftr-485	195	4	graphically	graphically	ADV
ftr-485	195	5	indicates	indicate	VERB
ftr-485	195	6	several	several	ADJ
ftr-485	195	7	periods	period	NOUN
ftr-485	195	8	where	where	SCONJ
ftr-485	195	9	interest	interest	NOUN
ftr-485	195	10	rate	rate	NOUN
ftr-485	195	11	movements	movement	NOUN
ftr-485	195	12	of	of	ADP
ftr-485	195	13	3	3	NUM
ftr-485	195	14	-	-	PUNCT
ftr-485	195	15	month	month	NOUN
ftr-485	195	16	libor	libor	PROPN
ftr-485	195	17	would	would	AUX
ftr-485	195	18	have	have	AUX
ftr-485	195	19	created	create	VERB
ftr-485	195	20	a	a	DET
ftr-485	195	21	problem	problem	NOUN
ftr-485	195	22	similar	similar	ADJ
ftr-485	195	23	to	to	ADP
ftr-485	195	24	the	the	DET
ftr-485	195	25	one	one	NOUN
ftr-485	195	26	described	describe	VERB
ftr-485	195	27	here	here	ADV
ftr-485	195	28	.	.	PUNCT
ftr-485	196	1	3	3	NUM
ftr-485	196	2	monlh	monlh	NOUN
ftr-485	196	3	tmor	tmor	NOUN
ftr-485	196	4	mctoaf	mctoaf	PROPN
ftr-485	196	5	d	d	PROPN
ftr-485	196	6	yl	yl	NOUN
ftr-485	196	7	24	24	NUM
ftr-485	196	8	22	22	NUM
ftr-485	196	9	16	16	NUM
ftr-485	196	10	1975	1975	NUM
ftr-485	196	11	1977	1977	NUM
ftr-485	196	12	197	197	NUM
ftr-485	196	13	1931	1931	NUM
ftr-485	196	14	1903	1903	NUM
ftr-485	196	15	1=3	1=3	NUM
ftr-485	196	16	my3	my3	NOUN
ftr-485	196	17	vw2	vw2	VERB
ftr-485	196	18	1021	1021	NUM
ftr-485	196	19	t=9	t=9	X
ftr-485	197	1	1=3	1=3	NUM
ftr-485	197	2	-3	-3	INTJ
ftr-485	197	3	xc	xc	PROPN
ftr-485	197	4	~	~	SYM
ftr-485	197	5	t.	t.	NOUN
ftr-485	197	6	o&vlils	o&vlil	NOUN
ftr-485	197	7	l	l	NOUN
ftr-485	197	8	*	*	PUNCT
ftr-485	197	9	©	©	PROPN
ftr-485	197	10	l	l	NOUN
ftr-485	197	11	,	,	PUNCT
ftr-485	197	12	939	939	NUM
ftr-485	197	13	.93	.93	NUM
ftr-485	197	14	.5	.5	NUM
ftr-485	197	15	t11	t11	NOUN
ftr-485	197	16	6-~	6-~	NUM
ftr-485	197	17	rigs	rig	NOUN
ftr-485	197	18	l_~	l_~	ADP
ftr-485	197	19	"	"	PUNCT
ftr-485	197	20	.	.	PUNCT
ftr-485	198	1	l.9	l.9	PROPN
ftr-485	199	1	at'=-t	at'=-t	NOUN
ftr-485	199	2	lt	lt	PROPN
ftr-485	199	3	=	=	PROPN
ftr-485	199	4	h	h	NOUN
ftr-485	199	5	g3	g3	NOUN
ftr-485	199	6	23	23	NUM
ftr-485	199	7	.	.	PUNCT
ftr-485	200	1	o	o	NOUN
ftr-485	201	1	31.9	31.9	NUM
ftr-485	201	2	.6	.6	NUM
ftr-485	201	3	1i	1i	NOUN
ftr-485	201	4	.1	.1	NOUN
ftr-485	202	1	9	9	NUM
ftr-485	202	2	%	%	NOUN
ftr-485	202	3	2.4736	2.4736	NUM
ftr-485	202	4	29	29	NUM
ftr-485	202	5	.	.	PUNCT
ftr-485	203	1	combinations	combination	NOUN
ftr-485	203	2	of	of	ADP
ftr-485	203	3	other	other	ADJ
ftr-485	203	4	swaps	swap	NOUN
ftr-485	203	5	,	,	PUNCT
ftr-485	203	6	derivatives	derivative	NOUN
ftr-485	203	7	,	,	PUNCT
ftr-485	203	8	and	and	CCONJ
ftr-485	203	9	financial	financial	ADJ
ftr-485	203	10	instruments	instrument	NOUN
ftr-485	203	11	may	may	AUX
ftr-485	203	12	also	also	ADV
ftr-485	203	13	be	be	AUX
ftr-485	203	14	used	use	VERB
ftr-485	203	15	to	to	PART
ftr-485	203	16	hedge	hedge	VERB
ftr-485	203	17	an	an	DET
ftr-485	203	18	existing	exist	VERB
ftr-485	203	19	swap	swap	NOUN
ftr-485	203	20	.	.	PUNCT
ftr-485	204	1	1995	1995	NUM
ftr-485	204	2	]	]	PUNCT
ftr-485	204	3	florida	florida	PROPN
ftr-485	204	4	tax	tax	PROPN
ftr-485	204	5	review	review	NOUN
ftr-485	204	6	payment	payment	NOUN
ftr-485	204	7	,	,	PUNCT
ftr-485	204	8	and	and	CCONJ
ftr-485	204	9	a	a	DET
ftr-485	204	10	losing	lose	VERB
ftr-485	204	11	party	party	NOUN
ftr-485	204	12	wishing	wish	VERB
ftr-485	204	13	to	to	PART
ftr-485	204	14	fix	fix	VERB
ftr-485	204	15	and	and	CCONJ
ftr-485	204	16	pay	pay	VERB
ftr-485	204	17	its	its	PRON
ftr-485	204	18	swap	swap	NOUN
ftr-485	204	19	losses	loss	NOUN
ftr-485	204	20	at	at	ADP
ftr-485	204	21	that	that	DET
ftr-485	204	22	time	time	NOUN
ftr-485	204	23	must	must	AUX
ftr-485	204	24	make	make	VERB
ftr-485	204	25	a	a	DET
ftr-485	204	26	large	large	ADJ
ftr-485	204	27	nonperiodic	nonperiodic	ADJ
ftr-485	204	28	payment	payment	NOUN
ftr-485	204	29	.	.	PUNCT
ftr-485	205	1	only	only	ADV
ftr-485	205	2	in	in	ADP
ftr-485	205	3	the	the	DET
ftr-485	205	4	case	case	NOUN
ftr-485	205	5	of	of	ADP
ftr-485	205	6	a	a	DET
ftr-485	205	7	payment	payment	NOUN
ftr-485	205	8	for	for	ADP
ftr-485	205	9	extinguishment	extinguishment	NOUN
ftr-485	205	10	made	make	VERB
ftr-485	205	11	between	between	ADP
ftr-485	205	12	the	the	DET
ftr-485	205	13	original	original	ADJ
ftr-485	205	14	parties	party	NOUN
ftr-485	205	15	to	to	ADP
ftr-485	205	16	the	the	DET
ftr-485	205	17	swap	swap	NOUN
ftr-485	205	18	is	be	AUX
ftr-485	205	19	it	it	PRON
ftr-485	205	20	certain	certain	ADJ
ftr-485	205	21	under	under	ADP
ftr-485	205	22	the	the	DET
ftr-485	205	23	swap	swap	NOUN
ftr-485	205	24	regulations	regulation	NOUN
ftr-485	205	25	that	that	PRON
ftr-485	205	26	a	a	DET
ftr-485	205	27	large	large	ADJ
ftr-485	205	28	termination	termination	NOUN
ftr-485	205	29	payment	payment	NOUN
ftr-485	205	30	is	be	AUX
ftr-485	205	31	not	not	PART
ftr-485	205	32	subject	subject	ADJ
ftr-485	205	33	to	to	ADP
ftr-485	205	34	recharacterization	recharacterization	NOUN
ftr-485	205	35	as	as	ADP
ftr-485	205	36	a	a	DET
ftr-485	205	37	significant	significant	ADJ
ftr-485	205	38	nonperiodic	nonperiodic	ADJ
ftr-485	205	39	payment.30	payment.30	NOUN
ftr-485	205	40	however	however	ADV
ftr-485	205	41	,	,	PUNCT
ftr-485	205	42	the	the	DET
ftr-485	205	43	swap	swap	NOUN
ftr-485	205	44	party	party	NOUN
ftr-485	205	45	with	with	ADP
ftr-485	205	46	the	the	DET
ftr-485	205	47	other	other	ADJ
ftr-485	205	48	side	side	NOUN
ftr-485	205	49	of	of	ADP
ftr-485	205	50	the	the	DET
ftr-485	205	51	contract	contract	NOUN
ftr-485	205	52	may	may	AUX
ftr-485	205	53	have	have	VERB
ftr-485	205	54	no	no	DET
ftr-485	205	55	desire	desire	NOUN
ftr-485	205	56	to	to	PART
ftr-485	205	57	terminate	terminate	VERB
ftr-485	205	58	.	.	PUNCT
ftr-485	206	1	moreover	moreover	ADV
ftr-485	206	2	,	,	PUNCT
ftr-485	206	3	if	if	SCONJ
ftr-485	206	4	this	this	DET
ftr-485	206	5	party	party	NOUN
ftr-485	206	6	recognizes	recognize	VERB
ftr-485	206	7	that	that	DET
ftr-485	206	8	extinguishment	extinguishment	NOUN
ftr-485	206	9	is	be	AUX
ftr-485	206	10	the	the	DET
ftr-485	206	11	only	only	ADJ
ftr-485	206	12	means	mean	NOUN
ftr-485	206	13	for	for	SCONJ
ftr-485	206	14	the	the	DET
ftr-485	206	15	other	other	ADJ
ftr-485	206	16	party	party	NOUN
ftr-485	206	17	to	to	PART
ftr-485	206	18	end	end	VERB
ftr-485	206	19	its	its	PRON
ftr-485	206	20	swap	swap	NOUN
ftr-485	206	21	obligations	obligation	NOUN
ftr-485	206	22	without	without	ADP
ftr-485	206	23	the	the	DET
ftr-485	206	24	tax	tax	NOUN
ftr-485	206	25	problems	problem	NOUN
ftr-485	206	26	associated	associate	VERB
ftr-485	206	27	with	with	ADP
ftr-485	206	28	recharacterization	recharacterization	NOUN
ftr-485	206	29	,	,	PUNCT
ftr-485	206	30	it	it	PRON
ftr-485	206	31	could	could	AUX
ftr-485	206	32	demand	demand	VERB
ftr-485	206	33	a	a	DET
ftr-485	206	34	higher	high	ADJ
ftr-485	206	35	than	than	ADP
ftr-485	206	36	current	current	ADJ
ftr-485	206	37	market	market	NOUN
ftr-485	206	38	price	price	NOUN
ftr-485	206	39	or	or	CCONJ
ftr-485	206	40	other	other	ADJ
ftr-485	206	41	unreasonable	unreasonable	ADJ
ftr-485	206	42	terms	term	NOUN
ftr-485	206	43	.	.	PUNCT
ftr-485	207	1	payments	payment	NOUN
ftr-485	207	2	in	in	ADP
ftr-485	207	3	connection	connection	NOUN
ftr-485	207	4	with	with	ADP
ftr-485	207	5	termination	termination	NOUN
ftr-485	207	6	by	by	ADP
ftr-485	207	7	assignment	assignment	NOUN
ftr-485	207	8	,	,	PUNCT
ftr-485	207	9	as	as	ADV
ftr-485	207	10	well	well	ADV
ftr-485	207	11	as	as	ADP
ftr-485	207	12	payments	payment	NOUN
ftr-485	207	13	to	to	PART
ftr-485	207	14	assign	assign	VERB
ftr-485	207	15	one	one	NUM
ftr-485	207	16	leg	leg	NOUN
ftr-485	207	17	of	of	ADP
ftr-485	207	18	the	the	DET
ftr-485	207	19	swap	swap	NOUN
ftr-485	207	20	,	,	PUNCT
ftr-485	207	21	are	be	AUX
ftr-485	207	22	considered	consider	VERB
ftr-485	207	23	nonperiodic	nonperiodic	ADJ
ftr-485	207	24	payments	payment	NOUN
ftr-485	207	25	subject	subject	ADJ
ftr-485	207	26	to	to	ADP
ftr-485	207	27	recharacterization	recharacterization	NOUN
ftr-485	207	28	.	.	PUNCT
ftr-485	208	1	3	3	X
ftr-485	208	2	'	'	PART
ftr-485	208	3	an	an	DET
ftr-485	208	4	offsetting	offset	VERB
ftr-485	208	5	swap	swap	NOUN
ftr-485	208	6	with	with	ADP
ftr-485	208	7	a	a	DET
ftr-485	208	8	nonperiodic	nonperiodic	ADJ
ftr-485	208	9	payment	payment	NOUN
ftr-485	208	10	is	be	AUX
ftr-485	208	11	also	also	ADV
ftr-485	208	12	susceptible	susceptible	ADJ
ftr-485	208	13	to	to	ADP
ftr-485	208	14	recharacterization	recharacterization	NOUN
ftr-485	208	15	,	,	PUNCT
ftr-485	208	16	as	as	SCONJ
ftr-485	208	17	is	be	AUX
ftr-485	208	18	any	any	DET
ftr-485	208	19	new	new	ADJ
ftr-485	208	20	off	off	ADJ
ftr-485	208	21	-	-	PUNCT
ftr-485	208	22	market	market	NOUN
ftr-485	208	23	swap	swap	NOUN
ftr-485	208	24	.	.	PUNCT
ftr-485	209	1	these	these	DET
ftr-485	209	2	transactions	transaction	NOUN
ftr-485	209	3	are	be	AUX
ftr-485	209	4	the	the	DET
ftr-485	209	5	true	true	ADJ
ftr-485	209	6	economic	economic	ADJ
ftr-485	209	7	necessity	necessity	NOUN
ftr-485	209	8	of	of	ADP
ftr-485	209	9	large	large	ADJ
ftr-485	209	10	nonperiodic	nonperiodic	ADJ
ftr-485	209	11	payments	payment	NOUN
ftr-485	209	12	,	,	PUNCT
ftr-485	209	13	as	as	SCONJ
ftr-485	209	14	opposed	oppose	VERB
ftr-485	209	15	to	to	ADP
ftr-485	209	16	the	the	DET
ftr-485	209	17	more	more	ADV
ftr-485	209	18	deceptive	deceptive	ADJ
ftr-485	209	19	practices	practice	NOUN
ftr-485	209	20	discussed	discuss	VERB
ftr-485	209	21	at	at	ADP
ftr-485	209	22	the	the	DET
ftr-485	209	23	beginning	beginning	NOUN
ftr-485	209	24	of	of	ADP
ftr-485	209	25	this	this	DET
ftr-485	209	26	section	section	NOUN
ftr-485	209	27	.	.	PUNCT
ftr-485	210	1	m.	m.	PROPN
ftr-485	210	2	u.s	u.s	PROPN
ftr-485	210	3	.	.	PROPN
ftr-485	210	4	taxation	taxation	NOUN
ftr-485	210	5	of	of	ADP
ftr-485	210	6	off	off	ADP
ftr-485	210	7	-	-	PUNCT
ftr-485	210	8	market	market	NOUN
ftr-485	210	9	interest	interest	NOUN
ftr-485	210	10	rate	rate	NOUN
ftr-485	210	11	swaps	swap	NOUN
ftr-485	210	12	a.	a.	NOUN
ftr-485	210	13	example	example	NOUN
ftr-485	210	14	from	from	ADP
ftr-485	210	15	swap	swap	NOUN
ftr-485	210	16	regulations	regulation	NOUN
ftr-485	210	17	example	example	NOUN
ftr-485	210	18	3	3	NUM
ftr-485	210	19	in	in	ADP
ftr-485	210	20	regulations	regulation	NOUN
ftr-485	210	21	section	section	NOUN
ftr-485	210	22	1.446	1.446	NUM
ftr-485	210	23	-	-	SYM
ftr-485	210	24	3(g)(6	3(g)(6	NUM
ftr-485	210	25	)	)	PUNCT
ftr-485	210	26	(	(	PUNCT
ftr-485	210	27	the	the	DET
ftr-485	210	28	example	example	NOUN
ftr-485	210	29	)	)	PUNCT
ftr-485	210	30	is	be	AUX
ftr-485	210	31	an	an	DET
ftr-485	210	32	off	off	ADJ
ftr-485	210	33	-	-	PUNCT
ftr-485	210	34	market	market	NOUN
ftr-485	210	35	swap	swap	NOUN
ftr-485	210	36	with	with	ADP
ftr-485	210	37	a	a	DET
ftr-485	210	38	significant	significant	ADJ
ftr-485	210	39	nonperiodic	nonperiodic	ADJ
ftr-485	210	40	payment	payment	NOUN
ftr-485	210	41	.	.	PUNCT
ftr-485	211	1	the	the	DET
ftr-485	211	2	example	example	NOUN
ftr-485	211	3	,	,	PUNCT
ftr-485	211	4	given	give	VERB
ftr-485	211	5	in	in	ADP
ftr-485	211	6	full	full	ADJ
ftr-485	211	7	below	below	ADV
ftr-485	211	8	,	,	PUNCT
ftr-485	211	9	is	be	AUX
ftr-485	211	10	followed	follow	VERB
ftr-485	211	11	throughout	throughout	ADP
ftr-485	211	12	this	this	DET
ftr-485	211	13	article	article	NOUN
ftr-485	211	14	,	,	PUNCT
ftr-485	211	15	with	with	ADP
ftr-485	211	16	the	the	DET
ftr-485	211	17	stipulation	stipulation	NOUN
ftr-485	211	18	that	that	PRON
ftr-485	211	19	counterparty	counterparty	PROPN
ftr-485	211	20	m	m	VERB
ftr-485	211	21	is	be	AUX
ftr-485	211	22	a	a	DET
ftr-485	211	23	not	not	PART
ftr-485	211	24	a	a	DET
ftr-485	211	25	u.s	u.s	PROPN
ftr-485	211	26	.	.	PROPN
ftr-485	211	27	resident	resident	NOUN
ftr-485	211	28	.	.	PUNCT
ftr-485	212	1	on	on	ADP
ftr-485	212	2	january	january	PROPN
ftr-485	212	3	1	1	NUM
ftr-485	212	4	,	,	PUNCT
ftr-485	212	5	1995	1995	NUM
ftr-485	212	6	,	,	PUNCT
ftr-485	212	7	unrelated	unrelated	ADJ
ftr-485	212	8	parties	party	NOUN
ftr-485	212	9	m	m	VERB
ftr-485	212	10	and	and	CCONJ
ftr-485	212	11	n	n	CCONJ
ftr-485	212	12	enter	enter	VERB
ftr-485	212	13	into	into	ADP
ftr-485	212	14	an	an	DET
ftr-485	212	15	interest	interest	NOUN
ftr-485	212	16	rate	rate	NOUN
ftr-485	212	17	swap	swap	NOUN
ftr-485	212	18	contract	contract	NOUN
ftr-485	212	19	.	.	PUNCT
ftr-485	213	1	under	under	ADP
ftr-485	213	2	the	the	DET
ftr-485	213	3	terms	term	NOUN
ftr-485	213	4	of	of	ADP
ftr-485	213	5	the	the	DET
ftr-485	213	6	contract	contract	NOUN
ftr-485	213	7	,	,	PUNCT
ftr-485	213	8	n	n	PRON
ftr-485	213	9	agrees	agree	VERB
ftr-485	213	10	to	to	PART
ftr-485	213	11	make	make	VERB
ftr-485	213	12	five	five	NUM
ftr-485	213	13	annual	annual	ADJ
ftr-485	213	14	payments	payment	NOUN
ftr-485	213	15	to	to	ADP
ftr-485	213	16	m	m	VERB
ftr-485	213	17	equal	equal	ADJ
ftr-485	213	18	to	to	ADP
ftr-485	213	19	libor	libor	PROPN
ftr-485	213	20	times	times	PROPN
ftr-485	213	21	a	a	DET
ftr-485	213	22	notional	notional	ADJ
ftr-485	213	23	principal	principal	ADJ
ftr-485	213	24	amount	amount	NOUN
ftr-485	213	25	of	of	ADP
ftr-485	213	26	$	$	SYM
ftr-485	213	27	100	100	NUM
ftr-485	213	28	million	million	NUM
ftr-485	213	29	.	.	PUNCT
ftr-485	214	1	in	in	ADP
ftr-485	214	2	return	return	NOUN
ftr-485	214	3	,	,	PUNCT
ftr-485	214	4	m	m	VERB
ftr-485	214	5	agrees	agree	VERB
ftr-485	214	6	to	to	PART
ftr-485	214	7	pay	pay	VERB
ftr-485	214	8	n	n	PRON
ftr-485	214	9	6	6	NUM
ftr-485	214	10	%	%	NOUN
ftr-485	214	11	of	of	ADP
ftr-485	214	12	$	$	SYM
ftr-485	214	13	100	100	NUM
ftr-485	214	14	million	million	NUM
ftr-485	214	15	annually	annually	ADV
ftr-485	214	16	,	,	PUNCT
ftr-485	214	17	plus	plus	CCONJ
ftr-485	214	18	$	$	SYM
ftr-485	214	19	15,163,147	15,163,147	NUM
ftr-485	214	20	on	on	ADP
ftr-485	214	21	january	january	PROPN
ftr-485	214	22	1	1	NUM
ftr-485	214	23	,	,	PUNCT
ftr-485	214	24	1995	1995	NUM
ftr-485	214	25	.	.	PUNCT
ftr-485	215	1	at	at	ADP
ftr-485	215	2	the	the	DET
ftr-485	215	3	time	time	NOUN
ftr-485	215	4	m	m	ADJ
ftr-485	215	5	and	and	CCONJ
ftr-485	215	6	n	n	CCONJ
ftr-485	215	7	enter	enter	VERB
ftr-485	215	8	into	into	ADP
ftr-485	215	9	this	this	DET
ftr-485	215	10	swap	swap	NOUN
ftr-485	215	11	agreement	agreement	NOUN
ftr-485	215	12	the	the	DET
ftr-485	215	13	rate	rate	NOUN
ftr-485	215	14	for	for	ADP
ftr-485	215	15	similar	similar	ADJ
ftr-485	215	16	onmarket	onmarket	ADJ
ftr-485	215	17	swaps	swap	NOUN
ftr-485	215	18	is	be	AUX
ftr-485	215	19	libor	libor	NOUN
ftr-485	215	20	to	to	ADP
ftr-485	215	21	10	10	NUM
ftr-485	215	22	%	%	NOUN
ftr-485	215	23	,	,	PUNCT
ftr-485	215	24	and	and	CCONJ
ftr-485	215	25	n	n	PRON
ftr-485	215	26	provides	provide	VERB
ftr-485	215	27	m	m	NOUN
ftr-485	215	28	with	with	ADP
ftr-485	215	29	information	information	NOUN
ftr-485	215	30	that	that	SCONJ
ftr-485	215	31	the	the	DET
ftr-485	215	32	amount	amount	NOUN
ftr-485	215	33	of	of	ADP
ftr-485	215	34	the	the	DET
ftr-485	215	35	initial	initial	ADJ
ftr-485	215	36	payment	payment	NOUN
ftr-485	215	37	was	be	AUX
ftr-485	215	38	determined	determine	VERB
ftr-485	215	39	as	as	ADP
ftr-485	215	40	the	the	DET
ftr-485	215	41	present	present	ADJ
ftr-485	215	42	value	value	NOUN
ftr-485	215	43	,	,	PUNCT
ftr-485	215	44	at	at	ADP
ftr-485	215	45	10	10	NUM
ftr-485	215	46	%	%	NOUN
ftr-485	215	47	compounded	compound	VERB
ftr-485	215	48	annually	annually	ADV
ftr-485	215	49	,	,	PUNCT
ftr-485	215	50	of	of	ADP
ftr-485	215	51	five	five	NUM
ftr-485	215	52	annual	annual	ADJ
ftr-485	215	53	payments	payment	NOUN
ftr-485	215	54	from	from	ADP
ftr-485	215	55	m	m	PRON
ftr-485	215	56	to	to	ADP
ftr-485	215	57	n	n	PROPN
ftr-485	215	58	of	of	ADP
ftr-485	215	59	$	$	SYM
ftr-485	215	60	4,000,000	4,000,000	NUM
ftr-485	215	61	(	(	PUNCT
ftr-485	215	62	4	4	NUM
ftr-485	215	63	%	%	NOUN
ftr-485	215	64	of	of	ADP
ftr-485	215	65	$	$	SYM
ftr-485	215	66	100,000,000).32	100,000,000).32	NUM
ftr-485	215	67	30	30	NUM
ftr-485	215	68	.	.	PUNCT
ftr-485	216	1	regs	regs	PROPN
ftr-485	216	2	.	.	PUNCT
ftr-485	217	1	§	§	PROPN
ftr-485	217	2	1.446	1.446	NUM
ftr-485	217	3	-	-	SYM
ftr-485	217	4	3(h)(4	3(h)(4	NUM
ftr-485	217	5	)	)	PUNCT
ftr-485	217	6	,	,	PUNCT
ftr-485	217	7	(	(	PUNCT
ftr-485	217	8	5	5	X
ftr-485	217	9	)	)	PUNCT
ftr-485	217	10	ex	ex	NOUN
ftr-485	217	11	.	.	NOUN
ftr-485	217	12	1	1	NUM
ftr-485	217	13	.	.	X
ftr-485	217	14	31	31	NUM
ftr-485	217	15	.	.	PUNCT
ftr-485	217	16	regs	regs	PROPN
ftr-485	217	17	.	.	PUNCT
ftr-485	218	1	§	§	PROPN
ftr-485	218	2	1.446	1.446	NUM
ftr-485	218	3	-	-	SYM
ftr-485	218	4	3(h)(4	3(h)(4	NUM
ftr-485	218	5	)	)	PUNCT
ftr-485	218	6	,	,	PUNCT
ftr-485	218	7	(	(	PUNCT
ftr-485	218	8	5	5	X
ftr-485	218	9	)	)	PUNCT
ftr-485	218	10	exs	exs	NOUN
ftr-485	218	11	.	.	PROPN
ftr-485	218	12	2	2	NUM
ftr-485	218	13	&	&	CCONJ
ftr-485	218	14	4	4	NUM
ftr-485	218	15	.	.	X
ftr-485	218	16	32	32	NUM
ftr-485	218	17	.	.	PUNCT
ftr-485	218	18	regs	regs	PROPN
ftr-485	218	19	.	.	PUNCT
ftr-485	219	1	§	§	PROPN
ftr-485	219	2	1.446	1.446	NUM
ftr-485	219	3	-	-	SYM
ftr-485	219	4	3(g)(6	3(g)(6	NUM
ftr-485	219	5	)	)	PUNCT
ftr-485	219	6	ex	ex	NOUN
ftr-485	219	7	.	.	NOUN
ftr-485	219	8	3	3	NUM
ftr-485	219	9	(	(	PUNCT
ftr-485	219	10	emphasis	emphasis	NOUN
ftr-485	219	11	added	add	VERB
ftr-485	219	12	)	)	PUNCT
ftr-485	219	13	.	.	PUNCT
ftr-485	220	1	graphically	graphically	ADV
ftr-485	220	2	,	,	PUNCT
ftr-485	220	3	the	the	DET
ftr-485	220	4	contract	contract	NOUN
ftr-485	220	5	calls	call	VERB
ftr-485	220	6	for	for	ADP
ftr-485	220	7	:	:	PUNCT
ftr-485	220	8	n	n	X
ftr-485	220	9	-----------------	-----------------	PUNCT
ftr-485	220	10	>	>	X
ftr-485	220	11	m	m	PROPN
ftr-485	220	12	libor	libor	PROPN
ftr-485	220	13	(	(	PUNCT
ftr-485	220	14	10	10	NUM
ftr-485	220	15	%	%	NOUN
ftr-485	220	16	when	when	SCONJ
ftr-485	220	17	contract	contract	NOUN
ftr-485	220	18	signed	sign	VERB
ftr-485	220	19	)	)	PUNCT
ftr-485	220	20	n	n	CCONJ
ftr-485	220	21	<	<	X
ftr-485	220	22	--------------m	--------------m	VERB
ftr-485	220	23	fixed	fix	VERB
ftr-485	220	24	(	(	PUNCT
ftr-485	220	25	6	6	NUM
ftr-485	220	26	%	%	NOUN
ftr-485	220	27	)	)	PUNCT
ftr-485	221	1	+	+	CCONJ
ftr-485	221	2	$	$	SYM
ftr-485	221	3	15,163,147	15,163,147	NUM
ftr-485	221	4	cash	cash	NOUN
ftr-485	221	5	[	[	X
ftr-485	221	6	vol	vol	NOUN
ftr-485	221	7	.	.	PUNCT
ftr-485	222	1	2:11	2:11	NUM
ftr-485	222	2	the	the	DET
ftr-485	222	3	recharacterization	recharacterization	NOUN
ftr-485	222	4	of	of	ADP
ftr-485	222	5	cross	cross	ADJ
ftr-485	222	6	-	-	ADJ
ftr-485	222	7	border	border	ADJ
ftr-485	222	8	interest	interest	NOUN
ftr-485	222	9	rate	rate	NOUN
ftr-485	222	10	swaps	swap	VERB
ftr-485	222	11	the	the	DET
ftr-485	222	12	payment	payment	NOUN
ftr-485	222	13	of	of	ADP
ftr-485	222	14	$	$	SYM
ftr-485	222	15	15,163,147	15,163,147	NUM
ftr-485	222	16	on	on	ADP
ftr-485	222	17	the	the	DET
ftr-485	222	18	date	date	NOUN
ftr-485	222	19	of	of	ADP
ftr-485	222	20	the	the	DET
ftr-485	222	21	contract	contract	NOUN
ftr-485	222	22	's	's	PART
ftr-485	222	23	signingthe	signingthe	PRON
ftr-485	222	24	up	up	ADJ
ftr-485	222	25	-	-	PUNCT
ftr-485	222	26	front	front	NOUN
ftr-485	222	27	nonperiodic	nonperiodic	ADJ
ftr-485	222	28	payment	payment	NOUN
ftr-485	222	29	-	-	PUNCT
ftr-485	222	30	compensates	compensate	NOUN
ftr-485	222	31	for	for	ADP
ftr-485	222	32	the	the	DET
ftr-485	222	33	difference	difference	NOUN
ftr-485	222	34	between	between	ADP
ftr-485	222	35	the	the	DET
ftr-485	222	36	fixed	fix	VERB
ftr-485	222	37	6	6	NUM
ftr-485	222	38	%	%	NOUN
ftr-485	222	39	m	m	NOUN
ftr-485	222	40	will	will	AUX
ftr-485	222	41	pay	pay	VERB
ftr-485	222	42	annually	annually	ADV
ftr-485	222	43	and	and	CCONJ
ftr-485	222	44	the	the	DET
ftr-485	222	45	market	market	NOUN
ftr-485	222	46	rate	rate	NOUN
ftr-485	222	47	of	of	ADP
ftr-485	222	48	a	a	DET
ftr-485	222	49	fixed	fix	VERB
ftr-485	222	50	10	10	NUM
ftr-485	222	51	%	%	NOUN
ftr-485	222	52	in	in	ADP
ftr-485	222	53	exchange	exchange	NOUN
ftr-485	222	54	for	for	ADP
ftr-485	222	55	the	the	DET
ftr-485	222	56	libor	libor	PROPN
ftr-485	222	57	.	.	PUNCT
ftr-485	223	1	the	the	DET
ftr-485	223	2	spread	spread	NOUN
ftr-485	223	3	between	between	ADP
ftr-485	223	4	the	the	DET
ftr-485	223	5	two	two	NUM
ftr-485	223	6	interest	interest	NOUN
ftr-485	223	7	rates	rate	NOUN
ftr-485	223	8	need	need	AUX
ftr-485	223	9	not	not	PART
ftr-485	223	10	be	be	AUX
ftr-485	223	11	so	so	ADV
ftr-485	223	12	large	large	ADJ
ftr-485	223	13	,	,	PUNCT
ftr-485	223	14	but	but	CCONJ
ftr-485	223	15	the	the	DET
ftr-485	223	16	spread	spread	NOUN
ftr-485	223	17	's	's	PART
ftr-485	223	18	size	size	NOUN
ftr-485	223	19	is	be	AUX
ftr-485	223	20	the	the	DET
ftr-485	223	21	element	element	NOUN
ftr-485	223	22	of	of	ADP
ftr-485	223	23	the	the	DET
ftr-485	223	24	swap	swap	NOUN
ftr-485	223	25	that	that	PRON
ftr-485	223	26	leads	lead	VERB
ftr-485	223	27	to	to	ADP
ftr-485	223	28	the	the	DET
ftr-485	223	29	tax	tax	NOUN
ftr-485	223	30	problems	problem	NOUN
ftr-485	223	31	discussed	discuss	VERB
ftr-485	223	32	here	here	ADV
ftr-485	223	33	.	.	PUNCT
ftr-485	224	1	according	accord	VERB
ftr-485	224	2	to	to	ADP
ftr-485	224	3	the	the	DET
ftr-485	224	4	swap	swap	NOUN
ftr-485	224	5	regulations	regulation	NOUN
ftr-485	224	6	,	,	PUNCT
ftr-485	224	7	a	a	DET
ftr-485	224	8	swap	swap	NOUN
ftr-485	224	9	with	with	ADP
ftr-485	224	10	"	"	PUNCT
ftr-485	224	11	significant	significant	ADJ
ftr-485	224	12	nonperiodic	nonperiodic	ADJ
ftr-485	224	13	payments	payment	NOUN
ftr-485	224	14	"	"	PUNCT
ftr-485	224	15	is	be	AUX
ftr-485	224	16	treated	treat	VERB
ftr-485	224	17	as	as	ADP
ftr-485	224	18	two	two	NUM
ftr-485	224	19	separate	separate	ADJ
ftr-485	224	20	transactions	transaction	NOUN
ftr-485	224	21	consisting	consist	VERB
ftr-485	224	22	of	of	ADP
ftr-485	224	23	an	an	DET
ftr-485	224	24	on	on	ADP
ftr-485	224	25	-	-	PUNCT
ftr-485	224	26	market	market	NOUN
ftr-485	224	27	,	,	PUNCT
ftr-485	224	28	level	level	NOUN
ftr-485	224	29	payment	payment	NOUN
ftr-485	224	30	swap	swap	NOUN
ftr-485	224	31	and	and	CCONJ
ftr-485	224	32	a	a	DET
ftr-485	224	33	"	"	PUNCT
ftr-485	224	34	loan	loan	NOUN
ftr-485	224	35	"	"	PUNCT
ftr-485	224	36	bearing	bear	VERB
ftr-485	224	37	interest.33	interest.33	PROPN
ftr-485	224	38	the	the	DET
ftr-485	224	39	time	time	NOUN
ftr-485	224	40	value	value	NOUN
ftr-485	224	41	component	component	NOUN
ftr-485	224	42	of	of	ADP
ftr-485	224	43	the	the	DET
ftr-485	224	44	loan	loan	NOUN
ftr-485	224	45	-	-	PUNCT
ftr-485	224	46	interest	interest	NOUN
ftr-485	224	47	-	-	PUNCT
ftr-485	224	48	is	be	AUX
ftr-485	224	49	"	"	PUNCT
ftr-485	224	50	not	not	PART
ftr-485	224	51	included	include	VERB
ftr-485	224	52	in	in	ADP
ftr-485	224	53	the	the	DET
ftr-485	224	54	net	net	ADJ
ftr-485	224	55	income	income	NOUN
ftr-485	224	56	or	or	CCONJ
ftr-485	224	57	net	net	ADJ
ftr-485	224	58	deduction	deduction	NOUN
ftr-485	224	59	from	from	ADP
ftr-485	224	60	the	the	DET
ftr-485	224	61	swap	swap	NOUN
ftr-485	224	62	...	...	PUNCT
ftr-485	224	63	but	but	CCONJ
ftr-485	224	64	is	be	AUX
ftr-485	224	65	recognized	recognize	VERB
ftr-485	224	66	as	as	ADP
ftr-485	224	67	interest	interest	NOUN
ftr-485	224	68	for	for	ADP
ftr-485	224	69	all	all	DET
ftr-485	224	70	purposes	purpose	NOUN
ftr-485	224	71	of	of	ADP
ftr-485	224	72	the	the	DET
ftr-485	224	73	internal	internal	ADJ
ftr-485	224	74	revenue	revenue	NOUN
ftr-485	224	75	code	code	NOUN
ftr-485	224	76	.	.	PUNCT
ftr-485	225	1	"	"	PUNCT
ftr-485	225	2	'	'	PUNCT
ftr-485	225	3	this	this	DET
ftr-485	225	4	rule	rule	NOUN
ftr-485	225	5	is	be	AUX
ftr-485	225	6	known	know	VERB
ftr-485	225	7	as	as	ADP
ftr-485	225	8	the	the	DET
ftr-485	225	9	"	"	PUNCT
ftr-485	225	10	embedded	embed	VERB
ftr-485	225	11	loan	loan	NOUN
ftr-485	225	12	"	"	PUNCT
ftr-485	225	13	rule	rule	NOUN
ftr-485	225	14	because	because	SCONJ
ftr-485	225	15	a	a	DET
ftr-485	225	16	loan	loan	NOUN
ftr-485	225	17	is	be	AUX
ftr-485	225	18	seen	see	VERB
ftr-485	225	19	as	as	ADP
ftr-485	225	20	being	be	AUX
ftr-485	225	21	embedded	embed	VERB
ftr-485	225	22	in	in	ADP
ftr-485	225	23	the	the	DET
ftr-485	225	24	nonperiodic	nonperiodic	ADJ
ftr-485	225	25	payment	payment	NOUN
ftr-485	225	26	.	.	PUNCT
ftr-485	226	1	the	the	DET
ftr-485	226	2	embedded	embed	VERB
ftr-485	226	3	loan	loan	NOUN
ftr-485	226	4	must	must	AUX
ftr-485	226	5	be	be	AUX
ftr-485	226	6	accounted	account	VERB
ftr-485	226	7	for	for	ADP
ftr-485	226	8	by	by	ADP
ftr-485	226	9	the	the	DET
ftr-485	226	10	parties	party	NOUN
ftr-485	226	11	to	to	ADP
ftr-485	226	12	the	the	DET
ftr-485	226	13	contract	contract	NOUN
ftr-485	226	14	on	on	ADP
ftr-485	226	15	a	a	DET
ftr-485	226	16	self	self	NOUN
ftr-485	226	17	-	-	PUNCT
ftr-485	226	18	amortizing	amortize	VERB
ftr-485	226	19	basis	basis	NOUN
ftr-485	226	20	,	,	PUNCT
ftr-485	226	21	"	"	PUNCT
ftr-485	226	22	independently	independently	ADV
ftr-485	226	23	of	of	ADP
ftr-485	226	24	the	the	DET
ftr-485	226	25	swap	swap	NOUN
ftr-485	226	26	.	.	PUNCT
ftr-485	227	1	"3	"3	NOUN
ftr-485	227	2	further	far	ADV
ftr-485	227	3	,	,	PUNCT
ftr-485	227	4	the	the	DET
ftr-485	227	5	principal	principal	NOUN
ftr-485	227	6	is	be	AUX
ftr-485	227	7	only	only	ADV
ftr-485	227	8	used	use	VERB
ftr-485	227	9	to	to	PART
ftr-485	227	10	compute	compute	VERB
ftr-485	227	11	the	the	DET
ftr-485	227	12	time	time	NOUN
ftr-485	227	13	value	value	NOUN
ftr-485	227	14	,	,	PUNCT
ftr-485	227	15	or	or	CCONJ
ftr-485	227	16	interest	interest	NOUN
ftr-485	227	17	,	,	PUNCT
ftr-485	227	18	component	component	NOUN
ftr-485	227	19	and	and	CCONJ
ftr-485	227	20	does	do	AUX
ftr-485	227	21	not	not	PART
ftr-485	227	22	otherwise	otherwise	ADV
ftr-485	227	23	impact	impact	VERB
ftr-485	227	24	the	the	DET
ftr-485	227	25	parties	party	NOUN
ftr-485	227	26	'	'	PART
ftr-485	227	27	net	net	ADJ
ftr-485	227	28	income	income	NOUN
ftr-485	227	29	or	or	CCONJ
ftr-485	227	30	net	net	ADJ
ftr-485	227	31	deduction	deduction	NOUN
ftr-485	227	32	under	under	ADP
ftr-485	227	33	the	the	DET
ftr-485	227	34	swap.36	swap.36	NOUN
ftr-485	227	35	according	accord	VERB
ftr-485	227	36	to	to	ADP
ftr-485	227	37	the	the	DET
ftr-485	227	38	regulations	regulation	NOUN
ftr-485	227	39	,	,	PUNCT
ftr-485	227	40	the	the	DET
ftr-485	227	41	example	example	NOUN
ftr-485	227	42	is	be	AUX
ftr-485	227	43	a	a	DET
ftr-485	227	44	swap	swap	NOUN
ftr-485	227	45	with	with	ADP
ftr-485	227	46	a	a	DET
ftr-485	227	47	"	"	PUNCT
ftr-485	227	48	significant	significant	ADJ
ftr-485	227	49	"	"	PUNCT
ftr-485	227	50	nonperiodic	nonperiodic	ADJ
ftr-485	227	51	payment	payment	NOUN
ftr-485	227	52	,	,	PUNCT
ftr-485	227	53	and	and	CCONJ
ftr-485	227	54	it	it	PRON
ftr-485	227	55	is	be	AUX
ftr-485	227	56	therefore	therefore	ADV
ftr-485	227	57	recharacterized	recharacterize	VERB
ftr-485	227	58	as	as	ADP
ftr-485	227	59	including	include	VERB
ftr-485	227	60	a	a	DET
ftr-485	227	61	loan	loan	NOUN
ftr-485	227	62	bearing	bear	VERB
ftr-485	227	63	interest.37	interest.37	NOUN
ftr-485	227	64	this	this	DET
ftr-485	227	65	interest	interest	NOUN
ftr-485	227	66	is	be	AUX
ftr-485	227	67	potentially	potentially	ADV
ftr-485	227	68	subject	subject	ADJ
ftr-485	227	69	to	to	ADP
ftr-485	227	70	double	double	ADJ
ftr-485	227	71	taxation.38	taxation.38	PROPN
ftr-485	227	72	b.	b.	PROPN
ftr-485	227	73	recharacterization	recharacterization	PROPN
ftr-485	227	74	under	under	ADP
ftr-485	227	75	regulations	regulation	NOUN
ftr-485	227	76	section	section	NOUN
ftr-485	227	77	1.446	1.446	NUM
ftr-485	227	78	-	-	SYM
ftr-485	227	79	3(g)(4	3(g)(4	NUM
ftr-485	227	80	)	)	PUNCT
ftr-485	227	81	1	1	NUM
ftr-485	227	82	.	.	PUNCT
ftr-485	228	1	"	"	PUNCT
ftr-485	228	2	significant	significant	ADJ
ftr-485	228	3	.	.	PUNCT
ftr-485	229	1	"	"	PUNCT
ftr-485	229	2	-although	-although	VERB
ftr-485	229	3	the	the	DET
ftr-485	229	4	regulations	regulation	NOUN
ftr-485	229	5	recharacterize	recharacterize	VERB
ftr-485	229	6	a	a	DET
ftr-485	229	7	nonperiodic	nonperiodic	ADJ
ftr-485	229	8	payment	payment	NOUN
ftr-485	229	9	only	only	ADV
ftr-485	229	10	if	if	SCONJ
ftr-485	229	11	it	it	PRON
ftr-485	229	12	is	be	AUX
ftr-485	229	13	"	"	PUNCT
ftr-485	229	14	significant	significant	ADJ
ftr-485	229	15	,	,	PUNCT
ftr-485	229	16	"	"	PUNCT
ftr-485	229	17	they	they	PRON
ftr-485	229	18	do	do	AUX
ftr-485	229	19	not	not	PART
ftr-485	229	20	directly	directly	ADV
ftr-485	229	21	define	define	VERB
ftr-485	229	22	the	the	DET
ftr-485	229	23	libor	libor	PROPN
ftr-485	229	24	is	be	AUX
ftr-485	229	25	the	the	DET
ftr-485	229	26	london	london	PROPN
ftr-485	229	27	interbank	interbank	NOUN
ftr-485	229	28	offer	offer	NOUN
ftr-485	229	29	rate	rate	NOUN
ftr-485	229	30	and	and	CCONJ
ftr-485	229	31	is	be	AUX
ftr-485	229	32	often	often	ADV
ftr-485	229	33	the	the	DET
ftr-485	229	34	reference	reference	NOUN
ftr-485	229	35	rate	rate	NOUN
ftr-485	229	36	of	of	ADP
ftr-485	229	37	interest	interest	NOUN
ftr-485	229	38	for	for	ADP
ftr-485	229	39	floating	float	VERB
ftr-485	229	40	rate	rate	NOUN
ftr-485	229	41	loans	loan	NOUN
ftr-485	229	42	in	in	ADP
ftr-485	229	43	international	international	ADJ
ftr-485	229	44	financial	financial	ADJ
ftr-485	229	45	markets	market	NOUN
ftr-485	229	46	.	.	PUNCT
ftr-485	230	1	see	see	VERB
ftr-485	230	2	hull	hull	NOUN
ftr-485	230	3	,	,	PUNCT
ftr-485	230	4	supra	supra	PROPN
ftr-485	230	5	note	note	NOUN
ftr-485	230	6	7	7	NUM
ftr-485	230	7	,	,	PUNCT
ftr-485	230	8	at	at	ADP
ftr-485	230	9	112	112	NUM
ftr-485	230	10	.	.	PUNCT
ftr-485	231	1	33	33	NUM
ftr-485	231	2	.	.	PUNCT
ftr-485	231	3	regs	regs	PROPN
ftr-485	231	4	.	.	PUNCT
ftr-485	232	1	§	§	PROPN
ftr-485	232	2	1.446	1.446	NUM
ftr-485	232	3	-	-	SYM
ftr-485	232	4	3(g)(4	3(g)(4	NUM
ftr-485	232	5	)	)	PUNCT
ftr-485	232	6	.	.	PUNCT
ftr-485	233	1	34	34	NUM
ftr-485	233	2	.	.	PUNCT
ftr-485	234	1	i	i	PRON
ftr-485	234	2	d.	d.	PROPN
ftr-485	234	3	(	(	PUNCT
ftr-485	234	4	emphasis	emphasis	NOUN
ftr-485	234	5	added	add	VERB
ftr-485	234	6	)	)	PUNCT
ftr-485	234	7	.	.	PUNCT
ftr-485	235	1	35	35	NUM
ftr-485	235	2	.	.	PUNCT
ftr-485	236	1	i	i	PRON
ftr-485	236	2	d.	d.	PROPN
ftr-485	236	3	36	36	NUM
ftr-485	236	4	.	.	PUNCT
ftr-485	236	5	regs	regs	PROPN
ftr-485	236	6	.	.	PUNCT
ftr-485	237	1	§	§	PROPN
ftr-485	237	2	1.446	1.446	NUM
ftr-485	237	3	-	-	SYM
ftr-485	237	4	3(g)(6	3(g)(6	NUM
ftr-485	237	5	)	)	PUNCT
ftr-485	237	6	ex	ex	NOUN
ftr-485	237	7	.	.	NOUN
ftr-485	237	8	3(d	3(d	NUM
ftr-485	237	9	)	)	PUNCT
ftr-485	237	10	.	.	PUNCT
ftr-485	238	1	37	37	NUM
ftr-485	238	2	.	.	PUNCT
ftr-485	239	1	the	the	DET
ftr-485	239	2	swap	swap	NOUN
ftr-485	239	3	counterparties	counterpartie	NOUN
ftr-485	239	4	are	be	AUX
ftr-485	239	5	summarized	summarize	VERB
ftr-485	239	6	as	as	SCONJ
ftr-485	239	7	follows	follow	VERB
ftr-485	239	8	:	:	PUNCT
ftr-485	239	9	n	n	PRON
ftr-485	239	10	is	be	AUX
ftr-485	239	11	a	a	PRON
ftr-485	239	12	:	:	PUNCT
ftr-485	239	13	-u.s	-u.s	PUNCT
ftr-485	239	14	.	.	PUNCT
ftr-485	240	1	counterparty	counterparty	NOUN
ftr-485	240	2	who	who	PRON
ftr-485	240	3	-receives	-receive	VERB
ftr-485	240	4	the	the	DET
ftr-485	240	5	nonperiodic	nonperiodic	ADJ
ftr-485	240	6	payment	payment	NOUN
ftr-485	240	7	.	.	PUNCT
ftr-485	241	1	-is	-is	ADP
ftr-485	241	2	thus	thus	ADV
ftr-485	241	3	the	the	DET
ftr-485	241	4	"	"	PUNCT
ftr-485	241	5	borrower	borrower	NOUN
ftr-485	241	6	,	,	PUNCT
ftr-485	241	7	"	"	PUNCT
ftr-485	241	8	-and	-and	PUNCT
ftr-485	241	9	makes	make	VERB
ftr-485	241	10	the	the	DET
ftr-485	241	11	"	"	PUNCT
ftr-485	241	12	interest	interest	NOUN
ftr-485	241	13	"	"	PUNCT
ftr-485	241	14	payments	payment	NOUN
ftr-485	241	15	.	.	PUNCT
ftr-485	242	1	m	m	PROPN
ftr-485	242	2	is	be	AUX
ftr-485	242	3	a	a	DET
ftr-485	242	4	:	:	PUNCT
ftr-485	242	5	-non	-non	NOUN
ftr-485	242	6	-	-	PUNCT
ftr-485	242	7	u.s	u.s	PROPN
ftr-485	242	8	.	.	PROPN
ftr-485	242	9	counterparty	counterparty	PROPN
ftr-485	242	10	who	who	PRON
ftr-485	242	11	-makes	-make	VERB
ftr-485	242	12	the	the	DET
ftr-485	242	13	significant	significant	ADJ
ftr-485	242	14	nonperiodic	nonperiodic	ADJ
ftr-485	242	15	payment	payment	NOUN
ftr-485	242	16	.	.	PUNCT
ftr-485	243	1	-is	-is	ADP
ftr-485	243	2	thus	thus	ADV
ftr-485	243	3	the	the	DET
ftr-485	243	4	"	"	PUNCT
ftr-485	243	5	lender	lender	NOUN
ftr-485	243	6	,	,	PUNCT
ftr-485	243	7	"	"	PUNCT
ftr-485	243	8	-and	-and	PUNCT
ftr-485	243	9	receives	receive	VERB
ftr-485	243	10	the	the	DET
ftr-485	243	11	"	"	PUNCT
ftr-485	243	12	interest	interest	NOUN
ftr-485	243	13	"	"	PUNCT
ftr-485	243	14	payments	payment	NOUN
ftr-485	243	15	.	.	PUNCT
ftr-485	244	1	38	38	NUM
ftr-485	244	2	.	.	PUNCT
ftr-485	245	1	other	other	ADJ
ftr-485	245	2	possible	possible	ADJ
ftr-485	245	3	treatments	treatment	NOUN
ftr-485	245	4	of	of	ADP
ftr-485	245	5	interest	interest	NOUN
ftr-485	245	6	rate	rate	NOUN
ftr-485	245	7	swap	swap	NOUN
ftr-485	245	8	premiums	premium	NOUN
ftr-485	245	9	,	,	PUNCT
ftr-485	245	10	which	which	PRON
ftr-485	245	11	would	would	AUX
ftr-485	245	12	not	not	PART
ftr-485	245	13	lead	lead	VERB
ftr-485	245	14	to	to	ADP
ftr-485	245	15	these	these	DET
ftr-485	245	16	particular	particular	ADJ
ftr-485	245	17	tax	tax	NOUN
ftr-485	245	18	problems	problem	NOUN
ftr-485	245	19	,	,	PUNCT
ftr-485	245	20	are	be	AUX
ftr-485	245	21	discussed	discuss	VERB
ftr-485	245	22	extensively	extensively	ADV
ftr-485	245	23	in	in	ADP
ftr-485	245	24	the	the	DET
ftr-485	245	25	n.y	n.y	PROPN
ftr-485	245	26	.	.	PROPN
ftr-485	245	27	st	st	PROPN
ftr-485	245	28	.	.	PROPN
ftr-485	245	29	b.	b.	PROPN
ftr-485	245	30	ass'n	ass'n	PROPN
ftr-485	245	31	report	report	PROPN
ftr-485	245	32	.	.	PUNCT
ftr-485	246	1	supra	supra	PROPN
ftr-485	246	2	note	note	PROPN
ftr-485	246	3	26	26	NUM
ftr-485	246	4	,	,	PUNCT
ftr-485	246	5	at	at	ADP
ftr-485	246	6	21	21	NUM
ftr-485	246	7	-	-	SYM
ftr-485	246	8	22	22	NUM
ftr-485	246	9	.	.	PUNCT
ftr-485	247	1	19951	19951	NUM
ftr-485	247	2	florida	florida	PROPN
ftr-485	247	3	tax	tax	PROPN
ftr-485	247	4	review	review	NOUN
ftr-485	247	5	term	term	NOUN
ftr-485	247	6	"	"	PUNCT
ftr-485	247	7	significant	significant	ADJ
ftr-485	247	8	.	.	PUNCT
ftr-485	248	1	'	'	NUM
ftr-485	248	2	39	39	NUM
ftr-485	248	3	however	however	ADV
ftr-485	248	4	,	,	PUNCT
ftr-485	248	5	examples	example	NOUN
ftr-485	248	6	in	in	ADP
ftr-485	248	7	the	the	DET
ftr-485	248	8	regulations	regulation	NOUN
ftr-485	248	9	indicate	indicate	VERB
ftr-485	248	10	that	that	SCONJ
ftr-485	248	11	a	a	DET
ftr-485	248	12	nonperiodic	nonperiodic	ADJ
ftr-485	248	13	payment	payment	NOUN
ftr-485	248	14	is	be	AUX
ftr-485	248	15	not	not	PART
ftr-485	248	16	considered	consider	VERB
ftr-485	248	17	significant	significant	ADJ
ftr-485	248	18	if	if	SCONJ
ftr-485	248	19	it	it	PRON
ftr-485	248	20	is	be	AUX
ftr-485	248	21	less	less	ADJ
ftr-485	248	22	than	than	ADP
ftr-485	248	23	9.1	9.1	NUM
ftr-485	248	24	%	%	NOUN
ftr-485	248	25	of	of	ADP
ftr-485	248	26	the	the	DET
ftr-485	248	27	discounted	discount	VERB
ftr-485	248	28	present	present	ADJ
ftr-485	248	29	value	value	NOUN
ftr-485	248	30	of	of	ADP
ftr-485	248	31	the	the	DET
ftr-485	248	32	fixed	fix	VERB
ftr-485	248	33	payments	payment	NOUN
ftr-485	248	34	due	due	ADJ
ftr-485	248	35	under	under	ADP
ftr-485	248	36	the	the	DET
ftr-485	248	37	swap	swap	NOUN
ftr-485	248	38	contract	contract	NOUN
ftr-485	248	39	,	,	PUNCT
ftr-485	248	40	'	'	PUNCT
ftr-485	248	41	but	but	CCONJ
ftr-485	248	42	is	be	AUX
ftr-485	248	43	considered	consider	VERB
ftr-485	248	44	significant	significant	ADJ
ftr-485	248	45	,	,	PUNCT
ftr-485	248	46	and	and	CCONJ
ftr-485	248	47	therefore	therefore	ADV
ftr-485	248	48	subject	subject	ADJ
ftr-485	248	49	to	to	ADP
ftr-485	248	50	recharacterization	recharacterization	NOUN
ftr-485	248	51	,	,	PUNCT
ftr-485	248	52	if	if	SCONJ
ftr-485	248	53	it	it	PRON
ftr-485	248	54	is	be	AUX
ftr-485	248	55	66.7	66.7	NUM
ftr-485	248	56	%	%	NOUN
ftr-485	248	57	or	or	CCONJ
ftr-485	248	58	more	more	ADJ
ftr-485	248	59	of	of	ADP
ftr-485	248	60	the	the	DET
ftr-485	248	61	present	present	ADJ
ftr-485	248	62	value	value	NOUN
ftr-485	248	63	of	of	ADP
ftr-485	248	64	the	the	DET
ftr-485	248	65	fixed	fix	VERB
ftr-485	248	66	payments	payment	NOUN
ftr-485	248	67	(	(	PUNCT
ftr-485	248	68	as	as	SCONJ
ftr-485	248	69	is	be	AUX
ftr-485	248	70	the	the	DET
ftr-485	248	71	case	case	NOUN
ftr-485	248	72	with	with	ADP
ftr-485	248	73	the	the	DET
ftr-485	248	74	$	$	SYM
ftr-485	248	75	15,163,147	15,163,147	NUM
ftr-485	248	76	paid	pay	VERB
ftr-485	248	77	in	in	ADP
ftr-485	248	78	the	the	DET
ftr-485	248	79	example	example	NOUN
ftr-485	248	80	)	)	PUNCT
ftr-485	248	81	.	.	PUNCT
ftr-485	249	1	4	4	NUM
ftr-485	249	2	'	'	PUNCT
ftr-485	249	3	thus	thus	ADV
ftr-485	249	4	,	,	PUNCT
ftr-485	249	5	any	any	DET
ftr-485	249	6	swap	swap	NOUN
ftr-485	249	7	with	with	ADP
ftr-485	249	8	a	a	DET
ftr-485	249	9	nonperiodic	nonperiodic	ADJ
ftr-485	249	10	payment	payment	NOUN
ftr-485	249	11	between	between	ADP
ftr-485	249	12	9.1	9.1	NUM
ftr-485	249	13	%	%	NOUN
ftr-485	249	14	and	and	CCONJ
ftr-485	249	15	66.7	66.7	NUM
ftr-485	249	16	%	%	NOUN
ftr-485	249	17	of	of	ADP
ftr-485	249	18	the	the	DET
ftr-485	249	19	present	present	ADJ
ftr-485	249	20	value	value	NOUN
ftr-485	249	21	of	of	ADP
ftr-485	249	22	the	the	DET
ftr-485	249	23	fixed	fix	VERB
ftr-485	249	24	payments	payment	NOUN
ftr-485	249	25	is	be	AUX
ftr-485	249	26	potentially	potentially	ADV
ftr-485	249	27	subject	subject	ADJ
ftr-485	249	28	to	to	ADP
ftr-485	249	29	recharacterization	recharacterization	NOUN
ftr-485	249	30	as	as	ADP
ftr-485	249	31	including	include	VERB
ftr-485	249	32	a	a	DET
ftr-485	249	33	loan	loan	NOUN
ftr-485	249	34	bearing	bear	VERB
ftr-485	249	35	interest.42	interest.42	VERB
ftr-485	249	36	2	2	NUM
ftr-485	249	37	.	.	PUNCT
ftr-485	249	38	initial	initial	ADJ
ftr-485	249	39	consequences	consequence	NOUN
ftr-485	249	40	of	of	ADP
ftr-485	249	41	recharacterization	recharacterization	NOUN
ftr-485	249	42	a.	a.	NOUN
ftr-485	249	43	"	"	PUNCT
ftr-485	249	44	the	the	DET
ftr-485	249	45	loan	loan	NOUN
ftr-485	249	46	must	must	AUX
ftr-485	249	47	be	be	AUX
ftr-485	249	48	accounted	account	VERB
ftr-485	249	49	for	for	ADP
ftr-485	249	50	independently	independently	ADV
ftr-485	249	51	of	of	ADP
ftr-485	249	52	the	the	DET
ftr-485	249	53	swap	swap	NOUN
ftr-485	249	54	.	.	PUNCT
ftr-485	250	1	"	"	PUNCT
ftr-485	250	2	4	4	NUM
ftr-485	250	3	-where	-where	NOUN
ftr-485	250	4	recharacterization	recharacterization	NOUN
ftr-485	250	5	applies	applie	NOUN
ftr-485	250	6	,	,	PUNCT
ftr-485	250	7	the	the	DET
ftr-485	250	8	significant	significant	ADJ
ftr-485	250	9	nonperiodic	nonperiodic	ADJ
ftr-485	250	10	payment	payment	NOUN
ftr-485	250	11	is	be	AUX
ftr-485	250	12	considered	consider	VERB
ftr-485	250	13	to	to	PART
ftr-485	250	14	be	be	AUX
ftr-485	250	15	an	an	DET
ftr-485	250	16	interest	interest	NOUN
ftr-485	250	17	bearing	bearing	NOUN
ftr-485	250	18	,	,	PUNCT
ftr-485	250	19	self	self	NOUN
ftr-485	250	20	-	-	PUNCT
ftr-485	250	21	amortizing	amortize	VERB
ftr-485	250	22	loan	loan	NOUN
ftr-485	250	23	.	.	PUNCT
ftr-485	251	1	the	the	DET
ftr-485	251	2	principal	principal	NOUN
ftr-485	251	3	of	of	ADP
ftr-485	251	4	the	the	DET
ftr-485	251	5	loan	loan	NOUN
ftr-485	251	6	element	element	NOUN
ftr-485	251	7	is	be	AUX
ftr-485	251	8	considered	consider	VERB
ftr-485	251	9	to	to	PART
ftr-485	251	10	be	be	AUX
ftr-485	251	11	repaid	repay	VERB
ftr-485	251	12	as	as	SCONJ
ftr-485	251	13	the	the	DET
ftr-485	251	14	loan	loan	NOUN
ftr-485	251	15	is	be	AUX
ftr-485	251	16	amortized	amortize	VERB
ftr-485	251	17	under	under	ADP
ftr-485	251	18	the	the	DET
ftr-485	251	19	constant	constant	ADJ
ftr-485	251	20	yield	yield	NOUN
ftr-485	251	21	method	method	NOUN
ftr-485	251	22	.	.	PUNCT
ftr-485	251	23	'	'	PUNCT
ftr-485	252	1	the	the	DET
ftr-485	252	2	primary	primary	ADJ
ftr-485	252	3	function	function	NOUN
ftr-485	252	4	of	of	ADP
ftr-485	252	5	the	the	DET
ftr-485	252	6	principal	principal	ADJ
ftr-485	252	7	component	component	NOUN
ftr-485	252	8	is	be	AUX
ftr-485	252	9	to	to	PART
ftr-485	252	10	compute	compute	VERB
ftr-485	252	11	the	the	DET
ftr-485	252	12	"	"	PUNCT
ftr-485	252	13	interest	interest	NOUN
ftr-485	252	14	"	"	PUNCT
ftr-485	252	15	that	that	PRON
ftr-485	252	16	accompanies	accompany	VERB
ftr-485	252	17	the	the	DET
ftr-485	252	18	repayment	repayment	NOUN
ftr-485	252	19	of	of	ADP
ftr-485	252	20	the	the	DET
ftr-485	252	21	loan	loan	NOUN
ftr-485	252	22	.	.	PUNCT
ftr-485	253	1	it	it	PRON
ftr-485	253	2	is	be	AUX
ftr-485	253	3	the	the	DET
ftr-485	253	4	tax	tax	NOUN
ftr-485	253	5	treatment	treatment	NOUN
ftr-485	253	6	of	of	ADP
ftr-485	253	7	this	this	DET
ftr-485	253	8	interest	interest	NOUN
ftr-485	253	9	that	that	PRON
ftr-485	253	10	may	may	AUX
ftr-485	253	11	lead	lead	VERB
ftr-485	253	12	to	to	ADP
ftr-485	253	13	withholding	withholding	NOUN
ftr-485	253	14	taxes	taxis	NOUN
ftr-485	253	15	and	and	CCONJ
ftr-485	253	16	double	double	ADJ
ftr-485	253	17	taxation	taxation	NOUN
ftr-485	253	18	in	in	ADP
ftr-485	253	19	cross	cross	ADJ
ftr-485	253	20	-	-	ADJ
ftr-485	253	21	border	border	ADJ
ftr-485	253	22	swaps	swap	NOUN
ftr-485	253	23	.	.	PUNCT
ftr-485	254	1	b.	b.	NOUN
ftr-485	255	1	"	"	PUNCT
ftr-485	255	2	the	the	DET
ftr-485	255	3	time	time	NOUN
ftr-485	255	4	value	value	NOUN
ftr-485	255	5	component	component	NOUN
ftr-485	255	6	associated	associate	VERB
ftr-485	255	7	with	with	ADP
ftr-485	255	8	the	the	DET
ftr-485	255	9	loan	loan	NOUN
ftr-485	255	10	is	be	AUX
ftr-485	255	11	not	not	PART
ftr-485	255	12	included	include	VERB
ftr-485	255	13	in	in	ADP
ftr-485	255	14	the	the	DET
ftr-485	255	15	net	net	ADJ
ftr-485	255	16	income	income	NOUN
ftr-485	255	17	or	or	CCONJ
ftr-485	255	18	net	net	ADJ
ftr-485	255	19	deduction	deduction	NOUN
ftr-485	255	20	from	from	ADP
ftr-485	255	21	the	the	DET
ftr-485	255	22	swap	swap	NOUN
ftr-485	255	23	.	.	PUNCT
ftr-485	255	24	.	.	PUNCT
ftr-485	256	1	.	.	PUNCT
ftr-485	257	1	,	,	PUNCT
ftr-485	257	2	but	but	CCONJ
ftr-485	257	3	is	be	AUX
ftr-485	257	4	recognized	recognize	VERB
ftr-485	257	5	as	as	ADP
ftr-485	257	6	interest	interest	NOUN
ftr-485	257	7	for	for	ADP
ftr-485	257	8	all	all	DET
ftr-485	257	9	purposes	purpose	NOUN
ftr-485	257	10	of	of	ADP
ftr-485	257	11	the	the	DET
ftr-485	257	12	internal	internal	ADJ
ftr-485	257	13	revenue	revenue	NOUN
ftr-485	257	14	code	code	NOUN
ftr-485	257	15	.	.	PUNCT
ftr-485	258	1	"	"	PUNCT
ftr-485	258	2	45	45	NUM
ftr-485	258	3	-	-	PUNCT
ftr-485	258	4	this	this	DET
ftr-485	258	5	sentence	sentence	NOUN
ftr-485	258	6	establishes	establish	VERB
ftr-485	258	7	that	that	SCONJ
ftr-485	258	8	the	the	DET
ftr-485	258	9	"	"	PUNCT
ftr-485	258	10	interest	interest	NOUN
ftr-485	258	11	"	"	PUNCT
ftr-485	258	12	payments	payment	NOUN
ftr-485	258	13	from	from	ADP
ftr-485	258	14	n	n	NOUN
ftr-485	258	15	to	to	AUX
ftr-485	258	16	m	m	AUX
ftr-485	258	17	resulting	result	VERB
ftr-485	258	18	from	from	ADP
ftr-485	258	19	the	the	DET
ftr-485	258	20	loan	loan	NOUN
ftr-485	258	21	element	element	NOUN
ftr-485	258	22	of	of	ADP
ftr-485	258	23	the	the	DET
ftr-485	258	24	recharacterized	recharacterize	VERB
ftr-485	258	25	significant	significant	ADJ
ftr-485	258	26	nonperiodic	nonperiodic	ADJ
ftr-485	258	27	payment	payment	NOUN
ftr-485	258	28	are	be	AUX
ftr-485	258	29	treated	treat	VERB
ftr-485	258	30	as	as	ADP
ftr-485	258	31	interest	interest	NOUN
ftr-485	258	32	,	,	PUNCT
ftr-485	258	33	not	not	PART
ftr-485	258	34	as	as	ADP
ftr-485	258	35	payments	payment	NOUN
ftr-485	258	36	of	of	ADP
ftr-485	258	37	swap	swap	ADJ
ftr-485	258	38	income	income	NOUN
ftr-485	258	39	to	to	ADP
ftr-485	258	40	m,46	m,46	NOUN
ftr-485	258	41	although	although	SCONJ
ftr-485	258	42	origi39	origi39	PROPN
ftr-485	258	43	.	.	PUNCT
ftr-485	259	1	the	the	DET
ftr-485	259	2	treasury	treasury	NOUN
ftr-485	259	3	's	's	PART
ftr-485	259	4	failure	failure	NOUN
ftr-485	259	5	to	to	PART
ftr-485	259	6	provide	provide	VERB
ftr-485	259	7	a	a	DET
ftr-485	259	8	bright	bright	ADJ
ftr-485	259	9	line	line	NOUN
ftr-485	259	10	test	test	NOUN
ftr-485	259	11	was	be	AUX
ftr-485	259	12	apparently	apparently	ADV
ftr-485	259	13	intentional	intentional	ADJ
ftr-485	259	14	.	.	PUNCT
ftr-485	260	1	see	see	VERB
ftr-485	260	2	lee	lee	PROPN
ftr-485	260	3	a.	a.	PROPN
ftr-485	260	4	sheppard	sheppard	PROPN
ftr-485	260	5	,	,	PUNCT
ftr-485	260	6	financial	financial	ADJ
ftr-485	260	7	products	product	NOUN
ftr-485	260	8	,	,	PUNCT
ftr-485	260	9	the	the	DET
ftr-485	260	10	switchboard	switchboard	NOUN
ftr-485	260	11	approach	approach	NOUN
ftr-485	260	12	,	,	PUNCT
ftr-485	260	13	60	60	NUM
ftr-485	260	14	tax	tax	NOUN
ftr-485	260	15	notes	note	NOUN
ftr-485	260	16	942	942	NUM
ftr-485	260	17	,	,	PUNCT
ftr-485	260	18	943	943	NUM
ftr-485	260	19	(	(	PUNCT
ftr-485	260	20	aug	aug	PROPN
ftr-485	260	21	.	.	PROPN
ftr-485	260	22	16	16	NUM
ftr-485	260	23	,	,	PUNCT
ftr-485	260	24	1993	1993	NUM
ftr-485	260	25	)	)	PUNCT
ftr-485	260	26	(	(	PUNCT
ftr-485	260	27	reporting	report	VERB
ftr-485	260	28	on	on	ADP
ftr-485	260	29	a	a	DET
ftr-485	260	30	speech	speech	NOUN
ftr-485	260	31	of	of	ADP
ftr-485	260	32	irs	irs	PROPN
ftr-485	260	33	attorney	attorney	NOUN
ftr-485	260	34	alan	alan	PROPN
ftr-485	260	35	b.	b.	PROPN
ftr-485	260	36	munro	munro	PROPN
ftr-485	260	37	,	,	PUNCT
ftr-485	260	38	jr	jr	PROPN
ftr-485	260	39	.	.	PROPN
ftr-485	260	40	to	to	ADP
ftr-485	260	41	the	the	DET
ftr-485	260	42	aba	aba	PROPN
ftr-485	260	43	financial	financial	PROPN
ftr-485	260	44	transactions	transactions	PROPN
ftr-485	260	45	committee	committee	PROPN
ftr-485	260	46	on	on	ADP
ftr-485	260	47	aug	aug	PROPN
ftr-485	260	48	.	.	PROPN
ftr-485	260	49	6	6	NUM
ftr-485	260	50	,	,	PUNCT
ftr-485	260	51	1993	1993	NUM
ftr-485	260	52	)	)	PUNCT
ftr-485	260	53	.	.	PUNCT
ftr-485	261	1	40	40	NUM
ftr-485	261	2	.	.	PUNCT
ftr-485	261	3	regs	regs	PROPN
ftr-485	261	4	.	.	PUNCT
ftr-485	262	1	§	§	PROPN
ftr-485	262	2	1.446	1.446	NUM
ftr-485	262	3	-	-	SYM
ftr-485	262	4	3(g)(6	3(g)(6	NUM
ftr-485	262	5	)	)	PUNCT
ftr-485	262	6	ex	ex	NOUN
ftr-485	262	7	.	.	NOUN
ftr-485	262	8	2	2	NUM
ftr-485	262	9	.	.	X
ftr-485	263	1	the	the	DET
ftr-485	263	2	theoretical	theoretical	ADJ
ftr-485	263	3	basis	basis	NOUN
ftr-485	263	4	for	for	ADP
ftr-485	263	5	the	the	DET
ftr-485	263	6	embedded	embed	VERB
ftr-485	263	7	loan	loan	NOUN
ftr-485	263	8	concept	concept	NOUN
ftr-485	263	9	suggests	suggest	VERB
ftr-485	263	10	that	that	SCONJ
ftr-485	263	11	every	every	DET
ftr-485	263	12	up	up	ADJ
ftr-485	263	13	-	-	PUNCT
ftr-485	263	14	front	front	NOUN
ftr-485	263	15	payment	payment	NOUN
ftr-485	263	16	under	under	ADP
ftr-485	263	17	a	a	DET
ftr-485	263	18	swap	swap	NOUN
ftr-485	263	19	,	,	PUNCT
ftr-485	263	20	regardless	regardless	ADV
ftr-485	263	21	of	of	ADP
ftr-485	263	22	its	its	PRON
ftr-485	263	23	size	size	NOUN
ftr-485	263	24	,	,	PUNCT
ftr-485	263	25	is	be	AUX
ftr-485	263	26	an	an	DET
ftr-485	263	27	embedded	embed	VERB
ftr-485	263	28	loan	loan	NOUN
ftr-485	263	29	.	.	PUNCT
ftr-485	264	1	when	when	SCONJ
ftr-485	264	2	the	the	DET
ftr-485	264	3	payments	payment	NOUN
ftr-485	264	4	are	be	AUX
ftr-485	264	5	less	less	ADJ
ftr-485	264	6	than	than	ADP
ftr-485	264	7	9.1	9.1	NUM
ftr-485	264	8	%	%	NOUN
ftr-485	264	9	,	,	PUNCT
ftr-485	264	10	they	they	PRON
ftr-485	264	11	are	be	AUX
ftr-485	264	12	simply	simply	ADV
ftr-485	264	13	not	not	PART
ftr-485	264	14	recharacterized	recharacterize	VERB
ftr-485	264	15	.	.	PUNCT
ftr-485	265	1	41	41	NUM
ftr-485	265	2	.	.	PUNCT
ftr-485	266	1	see	see	VERB
ftr-485	266	2	supra	supra	ADJ
ftr-485	266	3	text	text	NOUN
ftr-485	266	4	accompanying	accompanying	ADJ
ftr-485	266	5	note	note	NOUN
ftr-485	266	6	32	32	NUM
ftr-485	266	7	.	.	PUNCT
ftr-485	267	1	42	42	NUM
ftr-485	267	2	.	.	PUNCT
ftr-485	268	1	depending	depend	VERB
ftr-485	268	2	on	on	ADP
ftr-485	268	3	how	how	SCONJ
ftr-485	268	4	one	one	PRON
ftr-485	268	5	interprets	interpret	VERB
ftr-485	268	6	the	the	DET
ftr-485	268	7	regulations	regulation	NOUN
ftr-485	268	8	and	and	CCONJ
ftr-485	268	9	calculates	calculate	VERB
ftr-485	268	10	these	these	DET
ftr-485	268	11	percentages	percentage	NOUN
ftr-485	268	12	,	,	PUNCT
ftr-485	268	13	the	the	DET
ftr-485	268	14	spread	spread	NOUN
ftr-485	268	15	could	could	AUX
ftr-485	268	16	be	be	AUX
ftr-485	268	17	between	between	ADP
ftr-485	268	18	roughly	roughly	ADV
ftr-485	268	19	10	10	NUM
ftr-485	268	20	%	%	NOUN
ftr-485	268	21	and	and	CCONJ
ftr-485	268	22	40	40	NUM
ftr-485	268	23	%	%	NOUN
ftr-485	268	24	,	,	PUNCT
ftr-485	268	25	rather	rather	ADV
ftr-485	268	26	than	than	ADP
ftr-485	268	27	9.1	9.1	NUM
ftr-485	268	28	%	%	NOUN
ftr-485	268	29	and	and	CCONJ
ftr-485	268	30	66.7	66.7	NUM
ftr-485	268	31	%	%	NOUN
ftr-485	268	32	.	.	PUNCT
ftr-485	269	1	43	43	NUM
ftr-485	269	2	.	.	PUNCT
ftr-485	269	3	regs	regs	PROPN
ftr-485	269	4	.	.	PUNCT
ftr-485	270	1	§	§	PROPN
ftr-485	270	2	1.446	1.446	NUM
ftr-485	270	3	-	-	SYM
ftr-485	270	4	3(g)(4	3(g)(4	NUM
ftr-485	270	5	)	)	PUNCT
ftr-485	270	6	.	.	PUNCT
ftr-485	271	1	44	44	NUM
ftr-485	271	2	.	.	PUNCT
ftr-485	271	3	regs	regs	PROPN
ftr-485	271	4	.	.	PUNCT
ftr-485	272	1	§	§	PROPN
ftr-485	272	2	1.446	1.446	NUM
ftr-485	272	3	-	-	SYM
ftr-485	272	4	3(g)(6	3(g)(6	NUM
ftr-485	272	5	)	)	PUNCT
ftr-485	272	6	ex	ex	NOUN
ftr-485	272	7	.	.	NOUN
ftr-485	272	8	3(c	3(c	NUM
ftr-485	272	9	)	)	PUNCT
ftr-485	272	10	.	.	PUNCT
ftr-485	273	1	see	see	VERB
ftr-485	273	2	also	also	ADV
ftr-485	273	3	stanley	stanley	PROPN
ftr-485	273	4	c.	c.	PROPN
ftr-485	273	5	ruchelman	ruchelman	PROPN
ftr-485	273	6	,	,	PUNCT
ftr-485	273	7	u.s	u.s	PROPN
ftr-485	273	8	.	.	PROPN
ftr-485	273	9	tax	tax	NOUN
ftr-485	273	10	considerations	consideration	NOUN
ftr-485	273	11	in	in	ADP
ftr-485	273	12	international	international	ADJ
ftr-485	273	13	derivative	derivative	ADJ
ftr-485	273	14	products	product	NOUN
ftr-485	273	15	,	,	PUNCT
ftr-485	273	16	47	47	NUM
ftr-485	273	17	bull	bull	NOUN
ftr-485	273	18	.	.	PUNCT
ftr-485	274	1	int'l	int'l	ADP
ftr-485	274	2	fiscal	fiscal	ADJ
ftr-485	274	3	documentation	documentation	NOUN
ftr-485	274	4	235	235	NUM
ftr-485	274	5	,	,	PUNCT
ftr-485	274	6	241	241	NUM
ftr-485	274	7	(	(	PUNCT
ftr-485	274	8	1993	1993	NUM
ftr-485	274	9	)	)	PUNCT
ftr-485	274	10	.	.	PUNCT
ftr-485	275	1	45	45	NUM
ftr-485	275	2	.	.	PUNCT
ftr-485	275	3	regs	regs	PROPN
ftr-485	275	4	.	.	PUNCT
ftr-485	276	1	§	§	PROPN
ftr-485	276	2	1.446	1.446	NUM
ftr-485	276	3	-	-	SYM
ftr-485	276	4	3(g)(4	3(g)(4	NUM
ftr-485	276	5	)	)	PUNCT
ftr-485	276	6	.	.	PUNCT
ftr-485	277	1	46	46	NUM
ftr-485	277	2	.	.	PUNCT
ftr-485	278	1	the	the	DET
ftr-485	278	2	net	net	ADJ
ftr-485	278	3	income	income	NOUN
ftr-485	278	4	or	or	CCONJ
ftr-485	278	5	deduction	deduction	NOUN
ftr-485	278	6	from	from	ADP
ftr-485	278	7	a	a	DET
ftr-485	278	8	notional	notional	ADJ
ftr-485	278	9	principal	principal	ADJ
ftr-485	278	10	contract	contract	NOUN
ftr-485	278	11	,	,	PUNCT
ftr-485	278	12	including	include	VERB
ftr-485	278	13	a	a	DET
ftr-485	278	14	swap	swap	NOUN
ftr-485	278	15	,	,	PUNCT
ftr-485	278	16	is	be	AUX
ftr-485	278	17	the	the	DET
ftr-485	278	18	sum	sum	NOUN
ftr-485	278	19	of	of	ADP
ftr-485	278	20	the	the	DET
ftr-485	278	21	periodic	periodic	ADJ
ftr-485	278	22	payments	payment	NOUN
ftr-485	278	23	for	for	ADP
ftr-485	278	24	the	the	DET
ftr-485	278	25	taxable	taxable	ADJ
ftr-485	278	26	year	year	NOUN
ftr-485	278	27	and	and	CCONJ
ftr-485	278	28	the	the	DET
ftr-485	278	29	portions	portion	NOUN
ftr-485	278	30	of	of	ADP
ftr-485	278	31	the	the	DET
ftr-485	278	32	nonperiodic	nonperiodic	ADJ
ftr-485	278	33	payments	payment	NOUN
ftr-485	278	34	that	that	PRON
ftr-485	278	35	are	be	AUX
ftr-485	278	36	allocated	allocate	VERB
ftr-485	278	37	to	to	ADP
ftr-485	278	38	the	the	DET
ftr-485	278	39	year	year	NOUN
ftr-485	278	40	.	.	PUNCT
ftr-485	279	1	regs	regs	PROPN
ftr-485	279	2	.	.	PUNCT
ftr-485	280	1	§	§	PROPN
ftr-485	280	2	1.446	1.446	NUM
ftr-485	280	3	-	-	SYM
ftr-485	280	4	3(d	3(d	NUM
ftr-485	280	5	)	)	PUNCT
ftr-485	280	6	.	.	PUNCT
ftr-485	281	1	[	[	X
ftr-485	281	2	vol	vol	NOUN
ftr-485	281	3	.	.	PUNCT
ftr-485	281	4	2:11	2:11	NUM
ftr-485	281	5	the	the	DET
ftr-485	281	6	recharacterization	recharacterization	NOUN
ftr-485	281	7	of	of	ADP
ftr-485	281	8	cross	cross	ADJ
ftr-485	281	9	-	-	ADJ
ftr-485	281	10	border	border	ADJ
ftr-485	281	11	interest	interest	NOUN
ftr-485	281	12	rate	rate	NOUN
ftr-485	281	13	swaps	swap	NOUN
ftr-485	281	14	nating	nate	VERB
ftr-485	281	15	in	in	ADP
ftr-485	281	16	a	a	DET
ftr-485	281	17	swap	swap	NOUN
ftr-485	281	18	.	.	PUNCT
ftr-485	282	1	therefore	therefore	ADV
ftr-485	282	2	,	,	PUNCT
ftr-485	282	3	the	the	DET
ftr-485	282	4	payments	payment	NOUN
ftr-485	282	5	are	be	AUX
ftr-485	282	6	subject	subject	ADJ
ftr-485	282	7	to	to	ADP
ftr-485	282	8	the	the	DET
ftr-485	282	9	general	general	ADJ
ftr-485	282	10	rules	rule	NOUN
ftr-485	282	11	on	on	ADP
ftr-485	282	12	the	the	DET
ftr-485	282	13	taxation	taxation	NOUN
ftr-485	282	14	of	of	ADP
ftr-485	282	15	interest	interest	NOUN
ftr-485	282	16	,	,	PUNCT
ftr-485	282	17	rather	rather	ADV
ftr-485	282	18	than	than	ADP
ftr-485	282	19	the	the	DET
ftr-485	282	20	regime	regime	NOUN
ftr-485	282	21	established	establish	VERB
ftr-485	282	22	in	in	ADP
ftr-485	282	23	the	the	DET
ftr-485	282	24	swap	swap	NOUN
ftr-485	282	25	regulations	regulation	NOUN
ftr-485	282	26	for	for	ADP
ftr-485	282	27	swap	swap	NOUN
ftr-485	282	28	income	income	NOUN
ftr-485	282	29	.	.	PUNCT
ftr-485	283	1	this	this	DET
ftr-485	283	2	difference	difference	NOUN
ftr-485	283	3	is	be	AUX
ftr-485	283	4	of	of	ADP
ftr-485	283	5	importance	importance	NOUN
ftr-485	283	6	when	when	SCONJ
ftr-485	283	7	both	both	DET
ftr-485	283	8	counterparties	counterpartie	NOUN
ftr-485	283	9	are	be	AUX
ftr-485	283	10	u.s	u.s	PROPN
ftr-485	283	11	.	.	PROPN
ftr-485	283	12	persons.47	persons.47	NOUN
ftr-485	283	13	in	in	ADP
ftr-485	283	14	a	a	DET
ftr-485	283	15	cross	cross	ADJ
ftr-485	283	16	-	-	ADJ
ftr-485	283	17	border	border	ADJ
ftr-485	283	18	swap	swap	NOUN
ftr-485	283	19	,	,	PUNCT
ftr-485	283	20	particularly	particularly	ADV
ftr-485	283	21	when	when	SCONJ
ftr-485	283	22	non	non	ADJ
ftr-485	283	23	-	-	ADJ
ftr-485	283	24	u.s	u.s	PROPN
ftr-485	283	25	.	.	PROPN
ftr-485	283	26	counterparty	counterparty	PROPN
ftr-485	283	27	m	m	VERB
ftr-485	283	28	makes	make	VERB
ftr-485	283	29	the	the	DET
ftr-485	283	30	significant	significant	ADJ
ftr-485	283	31	nonperiodic	nonperiodic	ADJ
ftr-485	283	32	payment	payment	NOUN
ftr-485	283	33	,	,	PUNCT
ftr-485	283	34	the	the	DET
ftr-485	283	35	impact	impact	NOUN
ftr-485	283	36	of	of	ADP
ftr-485	283	37	the	the	DET
ftr-485	283	38	recharacterization	recharacterization	NOUN
ftr-485	283	39	is	be	AUX
ftr-485	283	40	even	even	ADV
ftr-485	283	41	more	more	ADV
ftr-485	283	42	critical	critical	ADJ
ftr-485	283	43	since	since	SCONJ
ftr-485	283	44	withholding	withhold	VERB
ftr-485	283	45	tax	tax	NOUN
ftr-485	283	46	and	and	CCONJ
ftr-485	283	47	related	relate	VERB
ftr-485	283	48	double	double	ADJ
ftr-485	283	49	taxation	taxation	NOUN
ftr-485	283	50	issues	issue	NOUN
ftr-485	283	51	are	be	AUX
ftr-485	283	52	then	then	ADV
ftr-485	283	53	raised	raise	VERB
ftr-485	283	54	.	.	PUNCT
ftr-485	284	1	3	3	X
ftr-485	284	2	.	.	X
ftr-485	284	3	the	the	DET
ftr-485	284	4	complicating	complicate	VERB
ftr-485	284	5	factor	factor	NOUN
ftr-485	284	6	:	:	PUNCT
ftr-485	284	7	the	the	DET
ftr-485	284	8	contrasting	contrast	VERB
ftr-485	284	9	sourcing	sourcing	NOUN
ftr-485	284	10	rules	rule	NOUN
ftr-485	284	11	for	for	ADP
ftr-485	284	12	swap	swap	NOUN
ftr-485	284	13	and	and	CCONJ
ftr-485	284	14	interest	interest	NOUN
ftr-485	284	15	income.-the	income.-the	DET
ftr-485	284	16	importance	importance	NOUN
ftr-485	284	17	of	of	ADP
ftr-485	284	18	the	the	DET
ftr-485	284	19	distinction	distinction	NOUN
ftr-485	284	20	in	in	ADP
ftr-485	284	21	cross	cross	ADJ
ftr-485	284	22	-	-	ADJ
ftr-485	284	23	border	border	ADJ
ftr-485	284	24	swaps	swap	NOUN
ftr-485	284	25	between	between	ADP
ftr-485	284	26	a	a	DET
ftr-485	284	27	payment	payment	NOUN
ftr-485	284	28	being	be	AUX
ftr-485	284	29	treated	treat	VERB
ftr-485	284	30	as	as	ADP
ftr-485	284	31	swap	swap	NOUN
ftr-485	284	32	income	income	NOUN
ftr-485	284	33	or	or	CCONJ
ftr-485	284	34	as	as	SCONJ
ftr-485	284	35	interest	interest	NOUN
ftr-485	284	36	arises	arise	VERB
ftr-485	284	37	from	from	ADP
ftr-485	284	38	differing	differ	VERB
ftr-485	284	39	income	income	NOUN
ftr-485	284	40	source	source	NOUN
ftr-485	284	41	rules	rule	NOUN
ftr-485	284	42	for	for	ADP
ftr-485	284	43	these	these	DET
ftr-485	284	44	types	type	NOUN
ftr-485	284	45	of	of	ADP
ftr-485	284	46	income	income	NOUN
ftr-485	284	47	.	.	PUNCT
ftr-485	285	1	foreign	foreign	ADJ
ftr-485	285	2	persons	person	NOUN
ftr-485	285	3	are	be	AUX
ftr-485	285	4	subject	subject	ADJ
ftr-485	285	5	to	to	ADP
ftr-485	285	6	u.s	u.s	PROPN
ftr-485	285	7	.	.	PROPN
ftr-485	285	8	taxation	taxation	NOUN
ftr-485	285	9	only	only	ADV
ftr-485	285	10	on	on	ADP
ftr-485	285	11	income	income	NOUN
ftr-485	285	12	from	from	ADP
ftr-485	285	13	u.s	u.s	PROPN
ftr-485	285	14	.	.	PROPN
ftr-485	285	15	sources	source	NOUN
ftr-485	285	16	and	and	CCONJ
ftr-485	285	17	income	income	NOUN
ftr-485	285	18	effectively	effectively	ADV
ftr-485	285	19	connected	connect	VERB
ftr-485	285	20	with	with	ADP
ftr-485	285	21	the	the	DET
ftr-485	285	22	conduct	conduct	NOUN
ftr-485	285	23	of	of	ADP
ftr-485	285	24	a	a	DET
ftr-485	285	25	u.s	u.s	PROPN
ftr-485	285	26	.	.	PROPN
ftr-485	285	27	trade	trade	NOUN
ftr-485	285	28	or	or	CCONJ
ftr-485	285	29	business	business	NOUN
ftr-485	285	30	(	(	PUNCT
ftr-485	285	31	eci).8	eci).8	X
ftr-485	285	32	thus	thus	ADV
ftr-485	285	33	,	,	PUNCT
ftr-485	285	34	a	a	DET
ftr-485	285	35	foreign	foreign	ADJ
ftr-485	285	36	swap	swap	NOUN
ftr-485	285	37	participant	participant	NOUN
ftr-485	285	38	not	not	PART
ftr-485	285	39	engaged	engage	VERB
ftr-485	285	40	in	in	ADP
ftr-485	285	41	business	business	NOUN
ftr-485	285	42	in	in	ADP
ftr-485	285	43	the	the	DET
ftr-485	285	44	united	united	PROPN
ftr-485	285	45	states	states	PROPN
ftr-485	285	46	is	be	AUX
ftr-485	285	47	subject	subject	ADJ
ftr-485	285	48	to	to	ADP
ftr-485	285	49	u.s	u.s	PROPN
ftr-485	285	50	.	.	PROPN
ftr-485	285	51	taxation	taxation	NOUN
ftr-485	285	52	only	only	ADV
ftr-485	285	53	on	on	ADP
ftr-485	285	54	u.s.-source	u.s.-source	NOUN
ftr-485	285	55	income.49	income.49	NOUN
ftr-485	285	56	47	47	NUM
ftr-485	285	57	.	.	PUNCT
ftr-485	286	1	provisions	provision	NOUN
ftr-485	286	2	whose	whose	DET
ftr-485	286	3	application	application	NOUN
ftr-485	286	4	might	might	AUX
ftr-485	286	5	be	be	AUX
ftr-485	286	6	affected	affect	VERB
ftr-485	286	7	by	by	ADP
ftr-485	286	8	the	the	DET
ftr-485	286	9	recharacterization	recharacterization	NOUN
ftr-485	286	10	include	include	VERB
ftr-485	286	11	the	the	DET
ftr-485	286	12	straddle	straddle	ADJ
ftr-485	286	13	rules	rule	NOUN
ftr-485	286	14	of	of	ADP
ftr-485	286	15	§	§	PROPN
ftr-485	286	16	1092	1092	NUM
ftr-485	286	17	and	and	CCONJ
ftr-485	286	18	the	the	DET
ftr-485	286	19	business	business	NOUN
ftr-485	286	20	hedging	hedging	NOUN
ftr-485	286	21	regulations	regulation	NOUN
ftr-485	286	22	of	of	ADP
ftr-485	286	23	regs	reg	NOUN
ftr-485	286	24	.	.	PUNCT
ftr-485	287	1	§	§	PROPN
ftr-485	287	2	1.1221	1.1221	NUM
ftr-485	287	3	-	-	SYM
ftr-485	287	4	2	2	NUM
ftr-485	287	5	and	and	CCONJ
ftr-485	287	6	§	§	PROPN
ftr-485	287	7	1.446	1.446	NUM
ftr-485	287	8	-	-	SYM
ftr-485	287	9	4	4	NUM
ftr-485	287	10	,	,	PUNCT
ftr-485	287	11	which	which	PRON
ftr-485	287	12	generally	generally	ADV
ftr-485	287	13	treat	treat	VERB
ftr-485	287	14	interest	interest	NOUN
ftr-485	287	15	differently	differently	ADV
ftr-485	287	16	from	from	ADP
ftr-485	287	17	swap	swap	ADJ
ftr-485	287	18	income	income	NOUN
ftr-485	287	19	.	.	PUNCT
ftr-485	288	1	other	other	ADJ
ftr-485	288	2	impacted	impact	VERB
ftr-485	288	3	issues	issue	NOUN
ftr-485	288	4	include	include	VERB
ftr-485	288	5	restrictions	restriction	NOUN
ftr-485	288	6	on	on	ADP
ftr-485	288	7	interest	interest	NOUN
ftr-485	288	8	deductions	deduction	NOUN
ftr-485	288	9	,	,	PUNCT
ftr-485	288	10	the	the	DET
ftr-485	288	11	allocation	allocation	NOUN
ftr-485	288	12	of	of	ADP
ftr-485	288	13	interest	interest	NOUN
ftr-485	288	14	expense	expense	NOUN
ftr-485	288	15	for	for	ADP
ftr-485	288	16	purposes	purpose	NOUN
ftr-485	288	17	of	of	ADP
ftr-485	288	18	the	the	DET
ftr-485	288	19	foreign	foreign	ADJ
ftr-485	288	20	tax	tax	NOUN
ftr-485	288	21	credit	credit	NOUN
ftr-485	288	22	,	,	PUNCT
ftr-485	288	23	oid	oid	NOUN
ftr-485	288	24	information	information	NOUN
ftr-485	288	25	reporting	reporting	NOUN
ftr-485	288	26	requirements	requirement	NOUN
ftr-485	288	27	(	(	PUNCT
ftr-485	288	28	rcgs	rcgs	NOUN
ftr-485	288	29	.	.	PUNCT
ftr-485	289	1	§	§	PROPN
ftr-485	289	2	1.1275	1.1275	NUM
ftr-485	289	3	-	-	SYM
ftr-485	289	4	3(e	3(e	NUM
ftr-485	289	5	)	)	PUNCT
ftr-485	289	6	)	)	PUNCT
ftr-485	289	7	,	,	PUNCT
ftr-485	289	8	the	the	DET
ftr-485	289	9	reporting	reporting	NOUN
ftr-485	289	10	of	of	ADP
ftr-485	289	11	interest	interest	NOUN
ftr-485	289	12	payments	payment	NOUN
ftr-485	289	13	and	and	CCONJ
ftr-485	289	14	accruals	accrual	NOUN
ftr-485	289	15	on	on	ADP
ftr-485	289	16	old	old	ADJ
ftr-485	289	17	instruments	instrument	NOUN
ftr-485	289	18	(	(	PUNCT
ftr-485	289	19	§	§	PROPN
ftr-485	289	20	6049	6049	NUM
ftr-485	289	21	)	)	PUNCT
ftr-485	289	22	.	.	PUNCT
ftr-485	290	1	and	and	CCONJ
ftr-485	290	2	"	"	PUNCT
ftr-485	290	3	backup	backup	NOUN
ftr-485	290	4	"	"	PUNCT
ftr-485	290	5	withholding	withholding	NOUN
ftr-485	290	6	on	on	ADP
ftr-485	290	7	payments	payment	NOUN
ftr-485	290	8	to	to	ADP
ftr-485	290	9	u.s	u.s	PROPN
ftr-485	290	10	.	.	PROPN
ftr-485	290	11	persons	person	NOUN
ftr-485	290	12	(	(	PUNCT
ftr-485	290	13	§	§	PROPN
ftr-485	290	14	3406	3406	NUM
ftr-485	290	15	)	)	PUNCT
ftr-485	290	16	.	.	PUNCT
ftr-485	291	1	see	see	VERB
ftr-485	291	2	conlon	conlon	NOUN
ftr-485	291	3	and	and	CCONJ
ftr-485	291	4	aquilino	aquilino	NOUN
ftr-485	291	5	,	,	PUNCT
ftr-485	291	6	supra	supra	PROPN
ftr-485	291	7	note	note	NOUN
ftr-485	291	8	5	5	NUM
ftr-485	291	9	,	,	PUNCT
ftr-485	291	10	at	at	ADP
ftr-485	291	11	782	782	NUM
ftr-485	291	12	;	;	PUNCT
ftr-485	291	13	andrea	andrea	PROPN
ftr-485	291	14	s.	s.	PROPN
ftr-485	291	15	kramer	kramer	PROPN
ftr-485	291	16	,	,	PUNCT
ftr-485	291	17	the	the	DET
ftr-485	291	18	tension	tension	NOUN
ftr-485	291	19	between	between	ADP
ftr-485	291	20	straddle	straddle	NOUN
ftr-485	291	21	rules	rule	NOUN
ftr-485	291	22	and	and	CCONJ
ftr-485	291	23	investment	investment	NOUN
ftr-485	291	24	objectives	objective	NOUN
ftr-485	291	25	,	,	PUNCT
ftr-485	291	26	address	address	NOUN
ftr-485	291	27	at	at	ADP
ftr-485	291	28	the	the	DET
ftr-485	291	29	institute	institute	NOUN
ftr-485	291	30	for	for	ADP
ftr-485	291	31	international	international	ADJ
ftr-485	291	32	research	research	NOUN
ftr-485	291	33	,	,	PUNCT
ftr-485	291	34	(	(	PUNCT
ftr-485	291	35	jan	jan	PROPN
ftr-485	291	36	.	.	PROPN
ftr-485	291	37	24	24	NUM
ftr-485	291	38	.	.	NOUN
ftr-485	291	39	1995	1995	NUM
ftr-485	291	40	)	)	PUNCT
ftr-485	291	41	,	,	PUNCT
ftr-485	291	42	in	in	ADP
ftr-485	291	43	2	2	NUM
ftr-485	291	44	tax'n	tax'n	NOUN
ftr-485	291	45	of	of	ADP
ftr-485	291	46	investors	investor	NOUN
ftr-485	291	47	&	&	CCONJ
ftr-485	291	48	investments	investment	NOUN
ftr-485	291	49	(	(	PUNCT
ftr-485	291	50	1995	1995	NUM
ftr-485	291	51	)	)	PUNCT
ftr-485	291	52	;	;	PUNCT
ftr-485	291	53	charles	charles	PROPN
ftr-485	291	54	w.	w.	PROPN
ftr-485	291	55	wheeler	wheeler	PROPN
ftr-485	291	56	,	,	PUNCT
ftr-485	291	57	accounting	account	VERB
ftr-485	291	58	for	for	ADP
ftr-485	291	59	business	business	NOUN
ftr-485	291	60	hedges	hedge	NOUN
ftr-485	291	61	,	,	PUNCT
ftr-485	291	62	address	address	NOUN
ftr-485	291	63	at	at	ADP
ftr-485	291	64	the	the	DET
ftr-485	291	65	institute	institute	NOUN
ftr-485	291	66	for	for	ADP
ftr-485	291	67	international	international	ADJ
ftr-485	291	68	research	research	NOUN
ftr-485	291	69	,	,	PUNCT
ftr-485	291	70	(	(	PUNCT
ftr-485	291	71	jan	jan	PROPN
ftr-485	291	72	.	.	PROPN
ftr-485	291	73	23	23	NUM
ftr-485	291	74	-	-	SYM
ftr-485	291	75	24	24	NUM
ftr-485	291	76	,	,	PUNCT
ftr-485	291	77	1995	1995	NUM
ftr-485	291	78	)	)	PUNCT
ftr-485	291	79	,	,	PUNCT
ftr-485	291	80	in	in	ADP
ftr-485	291	81	2	2	NUM
ftr-485	291	82	tax'n	tax'n	NOUN
ftr-485	291	83	of	of	ADP
ftr-485	291	84	investors	investor	NOUN
ftr-485	291	85	&	&	CCONJ
ftr-485	291	86	investments	investment	NOUN
ftr-485	291	87	(	(	PUNCT
ftr-485	291	88	1995	1995	NUM
ftr-485	291	89	)	)	PUNCT
ftr-485	291	90	.	.	PUNCT
ftr-485	292	1	48	48	NUM
ftr-485	292	2	.	.	PUNCT
ftr-485	293	1	various	various	ADJ
ftr-485	293	2	types	type	NOUN
ftr-485	293	3	of	of	ADP
ftr-485	293	4	u.s.-source	u.s.-source	ADJ
ftr-485	293	5	income	income	NOUN
ftr-485	293	6	of	of	ADP
ftr-485	293	7	foreign	foreign	ADJ
ftr-485	293	8	taxpayers	taxpayer	NOUN
ftr-485	293	9	,	,	PUNCT
ftr-485	293	10	including	include	VERB
ftr-485	293	11	interest	interest	NOUN
ftr-485	293	12	,	,	PUNCT
ftr-485	293	13	is	be	AUX
ftr-485	293	14	taxed	tax	VERB
ftr-485	293	15	by	by	ADP
ftr-485	293	16	§	§	PROPN
ftr-485	293	17	§	§	PROPN
ftr-485	293	18	871(a	871(a	NUM
ftr-485	293	19	)	)	PUNCT
ftr-485	293	20	and	and	CCONJ
ftr-485	293	21	881(a	881(a	PROPN
ftr-485	293	22	)	)	PUNCT
ftr-485	293	23	,	,	PUNCT
ftr-485	293	24	which	which	PRON
ftr-485	293	25	impose	impose	VERB
ftr-485	293	26	a	a	DET
ftr-485	293	27	30	30	NUM
ftr-485	293	28	%	%	NOUN
ftr-485	293	29	withholding	withholding	NOUN
ftr-485	293	30	tax	tax	NOUN
ftr-485	293	31	on	on	ADP
ftr-485	293	32	the	the	DET
ftr-485	293	33	income	income	NOUN
ftr-485	293	34	unless	unless	SCONJ
ftr-485	293	35	it	it	PRON
ftr-485	293	36	is	be	AUX
ftr-485	293	37	effectively	effectively	ADV
ftr-485	293	38	connected	connect	VERB
ftr-485	293	39	(	(	PUNCT
ftr-485	293	40	eci	eci	PROPN
ftr-485	293	41	)	)	PUNCT
ftr-485	293	42	with	with	ADP
ftr-485	293	43	the	the	DET
ftr-485	293	44	conduct	conduct	NOUN
ftr-485	293	45	of	of	ADP
ftr-485	293	46	a	a	DET
ftr-485	293	47	u.s	u.s	PROPN
ftr-485	293	48	.	.	PROPN
ftr-485	293	49	trade	trade	NOUN
ftr-485	293	50	or	or	CCONJ
ftr-485	293	51	business	business	NOUN
ftr-485	293	52	.	.	PUNCT
ftr-485	294	1	in	in	ADP
ftr-485	294	2	the	the	DET
ftr-485	294	3	latter	latter	ADJ
ftr-485	294	4	case	case	NOUN
ftr-485	294	5	,	,	PUNCT
ftr-485	294	6	it	it	PRON
ftr-485	294	7	is	be	AUX
ftr-485	294	8	taxed	tax	VERB
ftr-485	294	9	on	on	ADP
ftr-485	294	10	a	a	DET
ftr-485	294	11	net	net	ADJ
ftr-485	294	12	basis	basis	NOUN
ftr-485	294	13	under	under	ADP
ftr-485	294	14	§	§	PROPN
ftr-485	294	15	i	i	PRON
ftr-485	294	16	or	or	CCONJ
ftr-485	294	17	§	§	PROPN
ftr-485	294	18	11	11	NUM
ftr-485	294	19	and	and	CCONJ
ftr-485	294	20	is	be	AUX
ftr-485	294	21	not	not	PART
ftr-485	294	22	subject	subject	ADJ
ftr-485	294	23	to	to	ADP
ftr-485	294	24	withholding	withhold	VERB
ftr-485	294	25	taxes	taxis	NOUN
ftr-485	294	26	.	.	PUNCT
ftr-485	295	1	irc	irc	PROPN
ftr-485	295	2	§	§	PROPN
ftr-485	295	3	§	§	PROPN
ftr-485	295	4	871(a)(1	871(a)(1	NOUN
ftr-485	295	5	)	)	PUNCT
ftr-485	295	6	,	,	PUNCT
ftr-485	295	7	(	(	PUNCT
ftr-485	295	8	b	b	X
ftr-485	295	9	)	)	PUNCT
ftr-485	295	10	;	;	PUNCT
ftr-485	296	1	881(a	881(a	PROPN
ftr-485	296	2	)	)	PUNCT
ftr-485	296	3	;	;	PUNCT
ftr-485	296	4	1441(c)(1	1441(c)(1	NUM
ftr-485	296	5	)	)	PUNCT
ftr-485	296	6	;	;	PUNCT
ftr-485	296	7	regs	reg	NOUN
ftr-485	296	8	.	.	PUNCT
ftr-485	297	1	§	§	PROPN
ftr-485	297	2	1.1441	1.1441	NUM
ftr-485	297	3	-	-	NUM
ftr-485	297	4	4(a)(i	4(a)(i	NUM
ftr-485	297	5	)	)	PUNCT
ftr-485	297	6	.	.	PUNCT
ftr-485	298	1	these	these	DET
ftr-485	298	2	eci	eci	PROPN
ftr-485	298	3	principles	principle	NOUN
ftr-485	298	4	apply	apply	VERB
ftr-485	298	5	to	to	ADP
ftr-485	298	6	income	income	NOUN
ftr-485	298	7	from	from	ADP
ftr-485	298	8	notional	notional	ADJ
ftr-485	298	9	principal	principal	ADJ
ftr-485	298	10	contracts	contract	NOUN
ftr-485	298	11	.	.	PUNCT
ftr-485	299	1	regs	reg	NOUN
ftr-485	299	2	.	.	PUNCT
ftr-485	300	1	§	§	PROPN
ftr-485	300	2	1.863	1.863	NUM
ftr-485	300	3	-	-	PUNCT
ftr-485	300	4	7(b)(3	7(b)(3	NUM
ftr-485	300	5	)	)	PUNCT
ftr-485	300	6	.	.	PUNCT
ftr-485	301	1	49	49	NUM
ftr-485	301	2	.	.	PUNCT
ftr-485	302	1	for	for	ADP
ftr-485	302	2	a	a	DET
ftr-485	302	3	general	general	ADJ
ftr-485	302	4	discussion	discussion	NOUN
ftr-485	302	5	of	of	ADP
ftr-485	302	6	what	what	PRON
ftr-485	302	7	constitutes	constitute	VERB
ftr-485	302	8	effectively	effectively	ADV
ftr-485	302	9	connected	connected	ADJ
ftr-485	302	10	income	income	NOUN
ftr-485	302	11	and	and	CCONJ
ftr-485	302	12	the	the	DET
ftr-485	302	13	trade	trade	NOUN
ftr-485	302	14	or	or	CCONJ
ftr-485	302	15	business	business	NOUN
ftr-485	302	16	concept	concept	NOUN
ftr-485	302	17	,	,	PUNCT
ftr-485	302	18	see	see	VERB
ftr-485	302	19	paul	paul	PROPN
ftr-485	302	20	r.	r.	PROPN
ftr-485	302	21	mcdaniel	mcdaniel	PROPN
ftr-485	302	22	&	&	CCONJ
ftr-485	302	23	hugh	hugh	PROPN
ftr-485	302	24	j.	j.	PROPN
ftr-485	302	25	ault	ault	PROPN
ftr-485	302	26	,	,	PUNCT
ftr-485	302	27	introduction	introduction	NOUN
ftr-485	302	28	to	to	ADP
ftr-485	302	29	united	united	PROPN
ftr-485	302	30	states	states	PROPN
ftr-485	302	31	international	international	PROPN
ftr-485	302	32	taxation	taxation	PROPN
ftr-485	302	33	53	53	NUM
ftr-485	302	34	(	(	PUNCT
ftr-485	302	35	1989	1989	NUM
ftr-485	302	36	)	)	PUNCT
ftr-485	302	37	.	.	PUNCT
ftr-485	303	1	the	the	DET
ftr-485	303	2	terms	term	NOUN
ftr-485	303	3	are	be	AUX
ftr-485	303	4	defined	define	VERB
ftr-485	303	5	in	in	ADP
ftr-485	303	6	§	§	PROPN
ftr-485	303	7	864	864	NUM
ftr-485	303	8	and	and	CCONJ
ftr-485	303	9	regs	reg	NOUN
ftr-485	303	10	.	.	PUNCT
ftr-485	304	1	§	§	PROPN
ftr-485	304	2	1.864	1.864	NUM
ftr-485	304	3	-	-	SYM
ftr-485	304	4	4	4	NUM
ftr-485	304	5	.	.	PUNCT
ftr-485	305	1	for	for	ADP
ftr-485	305	2	the	the	DET
ftr-485	305	3	application	application	NOUN
ftr-485	305	4	of	of	ADP
ftr-485	305	5	the	the	DET
ftr-485	305	6	effectively	effectively	ADV
ftr-485	305	7	connected	connected	ADJ
ftr-485	305	8	income	income	NOUN
ftr-485	305	9	tax	tax	NOUN
ftr-485	305	10	to	to	ADP
ftr-485	305	11	financial	financial	ADJ
ftr-485	305	12	-	-	PUNCT
ftr-485	305	13	market	market	NOUN
ftr-485	305	14	activities	activity	NOUN
ftr-485	305	15	,	,	PUNCT
ftr-485	305	16	see	see	VERB
ftr-485	305	17	charles	charles	PROPN
ftr-485	305	18	t.	t.	PROPN
ftr-485	305	19	plambeck	plambeck	PROPN
ftr-485	305	20	,	,	PUNCT
ftr-485	305	21	the	the	DET
ftr-485	305	22	taxation	taxation	NOUN
ftr-485	305	23	implications	implication	NOUN
ftr-485	305	24	of	of	ADP
ftr-485	305	25	global	global	ADJ
ftr-485	305	26	trading	trading	NOUN
ftr-485	305	27	,	,	PUNCT
ftr-485	305	28	44	44	NUM
ftr-485	305	29	bull	bull	NOUN
ftr-485	305	30	.	.	PUNCT
ftr-485	306	1	int'l	int'l	ADP
ftr-485	306	2	fiscal	fiscal	ADJ
ftr-485	306	3	documentation	documentation	NOUN
ftr-485	306	4	527	527	NUM
ftr-485	306	5	,	,	PUNCT
ftr-485	306	6	534	534	NUM
ftr-485	306	7	-	-	SYM
ftr-485	306	8	35	35	NUM
ftr-485	306	9	(	(	PUNCT
ftr-485	306	10	1990	1990	NUM
ftr-485	306	11	)	)	PUNCT
ftr-485	306	12	;	;	PUNCT
ftr-485	306	13	kopp	kopp	PROPN
ftr-485	306	14	&	&	CCONJ
ftr-485	306	15	pross	pross	PROPN
ftr-485	306	16	,	,	PUNCT
ftr-485	306	17	supra	supra	PROPN
ftr-485	306	18	note	note	NOUN
ftr-485	306	19	24	24	NUM
ftr-485	306	20	.	.	PUNCT
ftr-485	307	1	however	however	ADV
ftr-485	307	2	,	,	PUNCT
ftr-485	307	3	§	§	PROPN
ftr-485	307	4	864(b)(2	864(b)(2	NUM
ftr-485	307	5	)	)	PUNCT
ftr-485	307	6	excludes	exclude	VERB
ftr-485	307	7	many	many	ADJ
ftr-485	307	8	forms	form	NOUN
ftr-485	307	9	of	of	ADP
ftr-485	307	10	trading	trading	NOUN
ftr-485	307	11	in	in	ADP
ftr-485	307	12	securities	security	NOUN
ftr-485	307	13	or	or	CCONJ
ftr-485	307	14	commodities	commodity	NOUN
ftr-485	307	15	from	from	ADP
ftr-485	307	16	being	be	AUX
ftr-485	307	17	a	a	DET
ftr-485	307	18	u.s	u.s	PROPN
ftr-485	307	19	.	.	PROPN
ftr-485	307	20	trade	trade	NOUN
ftr-485	307	21	or	or	CCONJ
ftr-485	307	22	business	business	NOUN
ftr-485	307	23	.	.	PUNCT
ftr-485	308	1	a	a	DET
ftr-485	308	2	foreign	foreign	ADJ
ftr-485	308	3	taxpayer	taxpayer	NOUN
ftr-485	308	4	believing	believe	VERB
ftr-485	308	5	that	that	SCONJ
ftr-485	308	6	its	its	PRON
ftr-485	308	7	income	income	NOUN
ftr-485	308	8	should	should	AUX
ftr-485	308	9	be	be	AUX
ftr-485	308	10	treated	treat	VERB
ftr-485	308	11	as	as	ADP
ftr-485	308	12	eci	eci	PROPN
ftr-485	308	13	,	,	PUNCT
ftr-485	308	14	rather	rather	ADV
ftr-485	308	15	than	than	ADP
ftr-485	308	16	subjected	subject	VERB
ftr-485	308	17	to	to	ADP
ftr-485	308	18	withholding	withholding	NOUN
ftr-485	308	19	,	,	PUNCT
ftr-485	308	20	must	must	AUX
ftr-485	308	21	file	file	VERB
ftr-485	308	22	a	a	DET
ftr-485	308	23	form	form	NOUN
ftr-485	308	24	4224	4224	NUM
ftr-485	308	25	with	with	ADP
ftr-485	308	26	the	the	DET
ftr-485	308	27	u.s	u.s	PROPN
ftr-485	308	28	.	.	PROPN
ftr-485	308	29	withholding	withhold	VERB
ftr-485	308	30	agent	agent	NOUN
ftr-485	308	31	declaring	declare	VERB
ftr-485	308	32	that	that	SCONJ
ftr-485	308	33	it	it	PRON
ftr-485	308	34	is	be	AUX
ftr-485	308	35	in	in	ADP
ftr-485	308	36	fact	fact	NOUN
ftr-485	308	37	eci	eci	PROPN
ftr-485	308	38	.	.	PUNCT
ftr-485	309	1	absent	absent	ADJ
ftr-485	309	2	receipt	receipt	NOUN
ftr-485	309	3	of	of	ADP
ftr-485	309	4	such	such	DET
ftr-485	309	5	a	a	DET
ftr-485	309	6	form	form	NOUN
ftr-485	309	7	,	,	PUNCT
ftr-485	309	8	the	the	DET
ftr-485	309	9	u.s	u.s	PROPN
ftr-485	309	10	.	.	PROPN
ftr-485	309	11	payor	payor	PROPN
ftr-485	309	12	should	should	AUX
ftr-485	309	13	withhold	withhold	VERB
ftr-485	309	14	.	.	PUNCT
ftr-485	310	1	for	for	ADP
ftr-485	310	2	a	a	DET
ftr-485	310	3	discussion	discussion	NOUN
ftr-485	310	4	of	of	ADP
ftr-485	310	5	this	this	DET
ftr-485	310	6	requirement	requirement	NOUN
ftr-485	310	7	,	,	PUNCT
ftr-485	310	8	see	see	VERB
ftr-485	310	9	robert	robert	PROPN
ftr-485	310	10	h.	h.	PROPN
ftr-485	310	11	dilworth	dilworth	PROPN
ftr-485	310	12	et	et	PROPN
ftr-485	310	13	al	al	PROPN
ftr-485	310	14	.	.	PROPN
ftr-485	310	15	,	,	PUNCT
ftr-485	310	16	new	new	ADJ
ftr-485	310	17	united	united	PROPN
ftr-485	310	18	states	states	PROPN
ftr-485	310	19	source	source	NOUN
ftr-485	310	20	rules	rule	NOUN
ftr-485	310	21	for	for	ADP
ftr-485	310	22	notional	notional	ADJ
ftr-485	310	23	principal	principal	ADJ
ftr-485	310	24	contract	contract	NOUN
ftr-485	310	25	income	income	NOUN
ftr-485	310	26	,	,	PUNCT
ftr-485	310	27	69	69	NUM
ftr-485	310	28	taxes	taxis	NOUN
ftr-485	310	29	343	343	NUM
ftr-485	310	30	-	-	SYM
ftr-485	310	31	44	44	NUM
ftr-485	310	32	(	(	PUNCT
ftr-485	310	33	1991	1991	NUM
ftr-485	310	34	)	)	PUNCT
ftr-485	310	35	.	.	PUNCT
ftr-485	311	1	19951	19951	NUM
ftr-485	311	2	florida	florida	PROPN
ftr-485	311	3	tax	tax	PROPN
ftr-485	311	4	review	review	NOUN
ftr-485	311	5	swap	swap	NOUN
ftr-485	311	6	income	income	NOUN
ftr-485	311	7	,	,	PUNCT
ftr-485	311	8	and	and	CCONJ
ftr-485	311	9	notional	notional	ADJ
ftr-485	311	10	principal	principal	ADJ
ftr-485	311	11	contract	contract	NOUN
ftr-485	311	12	income	income	NOUN
ftr-485	311	13	in	in	ADP
ftr-485	311	14	general	general	ADJ
ftr-485	311	15	,	,	PUNCT
ftr-485	311	16	is	be	AUX
ftr-485	311	17	sourced	source	VERB
ftr-485	311	18	under	under	ADP
ftr-485	311	19	the	the	DET
ftr-485	311	20	regulations	regulation	NOUN
ftr-485	311	21	to	to	ADP
ftr-485	311	22	the	the	DET
ftr-485	311	23	residence	residence	NOUN
ftr-485	311	24	country	country	NOUN
ftr-485	311	25	of	of	ADP
ftr-485	311	26	the	the	DET
ftr-485	311	27	income	income	NOUN
ftr-485	311	28	recipient	recipient	NOUN
ftr-485	311	29	,	,	PUNCT
ftr-485	311	30	m	m	VERB
ftr-485	311	31	in	in	ADP
ftr-485	311	32	the	the	DET
ftr-485	311	33	example	example	NOUN
ftr-485	311	34	.	.	PUNCT
ftr-485	311	35	"	"	PUNCT
ftr-485	312	1	thus	thus	ADV
ftr-485	312	2	,	,	PUNCT
ftr-485	312	3	if	if	SCONJ
ftr-485	312	4	non	non	ADJ
ftr-485	312	5	-	-	ADJ
ftr-485	312	6	u.s	u.s	PROPN
ftr-485	312	7	.	.	PROPN
ftr-485	312	8	counterparty	counterparty	PROPN
ftr-485	312	9	m	m	PROPN
ftr-485	312	10	receives	receive	VERB
ftr-485	312	11	swap	swap	NOUN
ftr-485	312	12	income	income	NOUN
ftr-485	312	13	from	from	ADP
ftr-485	312	14	u.s	u.s	PROPN
ftr-485	312	15	.	.	PROPN
ftr-485	312	16	party	party	PROPN
ftr-485	312	17	n	n	CCONJ
ftr-485	312	18	,	,	PUNCT
ftr-485	312	19	the	the	DET
ftr-485	312	20	swap	swap	NOUN
ftr-485	312	21	income	income	NOUN
ftr-485	312	22	is	be	AUX
ftr-485	312	23	not	not	PART
ftr-485	312	24	from	from	ADP
ftr-485	312	25	u.s	u.s	PROPN
ftr-485	312	26	.	.	PROPN
ftr-485	312	27	sources	source	NOUN
ftr-485	312	28	and	and	CCONJ
ftr-485	312	29	is	be	AUX
ftr-485	312	30	not	not	PART
ftr-485	312	31	subject	subject	ADJ
ftr-485	312	32	to	to	ADP
ftr-485	312	33	u.s	u.s	PROPN
ftr-485	312	34	.	.	PROPN
ftr-485	312	35	taxation	taxation	NOUN
ftr-485	312	36	unless	unless	SCONJ
ftr-485	312	37	it	it	PRON
ftr-485	312	38	is	be	AUX
ftr-485	312	39	effectively	effectively	ADV
ftr-485	312	40	connected	connect	VERB
ftr-485	312	41	with	with	ADP
ftr-485	312	42	a	a	DET
ftr-485	312	43	business	business	NOUN
ftr-485	312	44	carried	carry	VERB
ftr-485	312	45	on	on	ADP
ftr-485	312	46	by	by	ADP
ftr-485	312	47	m	m	PROPN
ftr-485	312	48	in	in	ADP
ftr-485	312	49	the	the	DET
ftr-485	312	50	united	united	PROPN
ftr-485	312	51	states	states	PROPN
ftr-485	312	52	.	.	PUNCT
ftr-485	313	1	in	in	ADP
ftr-485	313	2	contrast	contrast	NOUN
ftr-485	313	3	,	,	PUNCT
ftr-485	313	4	interest	interest	NOUN
ftr-485	313	5	is	be	AUX
ftr-485	313	6	generally	generally	ADV
ftr-485	313	7	sourced	source	VERB
ftr-485	313	8	to	to	ADP
ftr-485	313	9	the	the	DET
ftr-485	313	10	residence	residence	NOUN
ftr-485	313	11	of	of	ADP
ftr-485	313	12	the	the	DET
ftr-485	313	13	payor	payor	NOUN
ftr-485	313	14	of	of	ADP
ftr-485	313	15	the	the	DET
ftr-485	313	16	interest.5	interest.5	NOUN
ftr-485	313	17	in	in	ADP
ftr-485	313	18	the	the	DET
ftr-485	313	19	example	example	NOUN
ftr-485	313	20	,	,	PUNCT
ftr-485	313	21	the	the	DET
ftr-485	313	22	interest	interest	NOUN
ftr-485	313	23	is	be	AUX
ftr-485	313	24	from	from	ADP
ftr-485	313	25	u.s	u.s	PROPN
ftr-485	313	26	.	.	PROPN
ftr-485	313	27	sources	source	NOUN
ftr-485	313	28	because	because	SCONJ
ftr-485	313	29	the	the	DET
ftr-485	313	30	payor	payor	NOUN
ftr-485	313	31	is	be	AUX
ftr-485	313	32	u.s	u.s	PROPN
ftr-485	313	33	.	.	PROPN
ftr-485	313	34	party	party	PROPN
ftr-485	313	35	n.	n.	PROPN
ftr-485	313	36	u.s	u.s	PROPN
ftr-485	313	37	.	.	PROPN
ftr-485	313	38	source	source	NOUN
ftr-485	313	39	interest	interest	NOUN
ftr-485	313	40	may	may	AUX
ftr-485	313	41	be	be	AUX
ftr-485	313	42	subject	subject	ADJ
ftr-485	313	43	to	to	ADP
ftr-485	313	44	a	a	DET
ftr-485	313	45	u.s	u.s	PROPN
ftr-485	313	46	.	.	PROPN
ftr-485	313	47	withholding	withholding	NOUN
ftr-485	313	48	tax	tax	NOUN
ftr-485	313	49	when	when	SCONJ
ftr-485	313	50	paid	pay	VERB
ftr-485	313	51	to	to	ADP
ftr-485	313	52	a	a	DET
ftr-485	313	53	non	non	ADJ
ftr-485	313	54	-	-	ADJ
ftr-485	313	55	u.s	u.s	PROPN
ftr-485	313	56	.	.	PROPN
ftr-485	313	57	person	person	NOUN
ftr-485	313	58	,	,	PUNCT
ftr-485	313	59	at	at	ADP
ftr-485	313	60	the	the	DET
ftr-485	313	61	statutory	statutory	ADJ
ftr-485	313	62	rate	rate	NOUN
ftr-485	313	63	of	of	ADP
ftr-485	313	64	30	30	NUM
ftr-485	313	65	%	%	NOUN
ftr-485	313	66	or	or	CCONJ
ftr-485	313	67	at	at	ADP
ftr-485	313	68	a	a	DET
ftr-485	313	69	lower	low	ADJ
ftr-485	313	70	rate	rate	NOUN
ftr-485	313	71	provided	provide	VERB
ftr-485	313	72	by	by	ADP
ftr-485	313	73	treaty	treaty	NOUN
ftr-485	313	74	.	.	PUNCT
ftr-485	314	1	2	2	NUM
ftr-485	315	1	thus	thus	ADV
ftr-485	315	2	,	,	PUNCT
ftr-485	315	3	a	a	DET
ftr-485	315	4	nonperiodic	nonperiodic	ADJ
ftr-485	315	5	payment	payment	NOUN
ftr-485	315	6	by	by	ADP
ftr-485	315	7	a	a	DET
ftr-485	315	8	nonu.s	nonu.s	PROPN
ftr-485	315	9	.	.	PUNCT
ftr-485	316	1	counterparty	counterparty	PROPN
ftr-485	316	2	which	which	PRON
ftr-485	316	3	is	be	AUX
ftr-485	316	4	greater	great	ADJ
ftr-485	316	5	than	than	ADP
ftr-485	316	6	9.1	9.1	NUM
ftr-485	316	7	%	%	NOUN
ftr-485	316	8	of	of	ADP
ftr-485	316	9	the	the	DET
ftr-485	316	10	present	present	ADJ
ftr-485	316	11	value	value	NOUN
ftr-485	316	12	of	of	ADP
ftr-485	316	13	the	the	DET
ftr-485	316	14	fixed	fix	VERB
ftr-485	316	15	payments	payment	NOUN
ftr-485	316	16	due	due	ADJ
ftr-485	316	17	under	under	ADP
ftr-485	316	18	the	the	DET
ftr-485	316	19	swap	swap	NOUN
ftr-485	316	20	may	may	AUX
ftr-485	316	21	be	be	AUX
ftr-485	316	22	recharacterized	recharacterize	VERB
ftr-485	316	23	as	as	ADP
ftr-485	316	24	a	a	DET
ftr-485	316	25	loan	loan	NOUN
ftr-485	316	26	bearing	bear	VERB
ftr-485	316	27	interest	interest	NOUN
ftr-485	316	28	which	which	PRON
ftr-485	316	29	may	may	AUX
ftr-485	316	30	be	be	AUX
ftr-485	316	31	subject	subject	ADJ
ftr-485	316	32	to	to	ADP
ftr-485	316	33	a	a	DET
ftr-485	316	34	withholding	withholding	NOUN
ftr-485	316	35	tax	tax	NOUN
ftr-485	316	36	of	of	ADP
ftr-485	316	37	up	up	ADP
ftr-485	316	38	to	to	PART
ftr-485	316	39	30	30	NUM
ftr-485	316	40	%	%	NOUN
ftr-485	316	41	.	.	PUNCT
ftr-485	317	1	in	in	ADP
ftr-485	317	2	sum	sum	NOUN
ftr-485	317	3	,	,	PUNCT
ftr-485	317	4	recharacterization	recharacterization	NOUN
ftr-485	317	5	will	will	AUX
ftr-485	317	6	transform	transform	VERB
ftr-485	317	7	swap	swap	NOUN
ftr-485	317	8	income	income	NOUN
ftr-485	317	9	that	that	PRON
ftr-485	317	10	was	be	AUX
ftr-485	317	11	beyond	beyond	ADP
ftr-485	317	12	the	the	DET
ftr-485	317	13	scope	scope	NOUN
ftr-485	317	14	of	of	ADP
ftr-485	317	15	u.s	u.s	PROPN
ftr-485	317	16	.	.	PROPN
ftr-485	317	17	taxation	taxation	NOUN
ftr-485	317	18	into	into	ADP
ftr-485	317	19	interest	interest	NOUN
ftr-485	317	20	income	income	NOUN
ftr-485	317	21	that	that	PRON
ftr-485	317	22	will	will	AUX
ftr-485	317	23	be	be	AUX
ftr-485	317	24	subject	subject	ADJ
ftr-485	317	25	to	to	ADP
ftr-485	317	26	u.s	u.s	PROPN
ftr-485	317	27	.	.	PROPN
ftr-485	317	28	withholding	withholding	NOUN
ftr-485	317	29	,	,	PUNCT
ftr-485	317	30	unless	unless	SCONJ
ftr-485	317	31	exempted	exempt	VERB
ftr-485	317	32	by	by	ADP
ftr-485	317	33	treaty	treaty	NOUN
ftr-485	317	34	or	or	CCONJ
ftr-485	317	35	other	other	ADJ
ftr-485	317	36	internal	internal	ADJ
ftr-485	317	37	revenue	revenue	NOUN
ftr-485	317	38	code	code	NOUN
ftr-485	317	39	provisions	provision	NOUN
ftr-485	317	40	.	.	PUNCT
ftr-485	318	1	income	income	NOUN
ftr-485	318	2	that	that	PRON
ftr-485	318	3	appeared	appear	VERB
ftr-485	318	4	to	to	PART
ftr-485	318	5	be	be	AUX
ftr-485	318	6	unencumbered	unencumbered	ADJ
ftr-485	318	7	by	by	ADP
ftr-485	318	8	the	the	DET
ftr-485	318	9	demands	demand	NOUN
ftr-485	318	10	of	of	ADP
ftr-485	318	11	u.s	u.s	PROPN
ftr-485	318	12	.	.	PROPN
ftr-485	318	13	taxation	taxation	NOUN
ftr-485	318	14	will	will	AUX
ftr-485	318	15	be	be	AUX
ftr-485	318	16	drawn	draw	VERB
ftr-485	318	17	into	into	ADP
ftr-485	318	18	the	the	DET
ftr-485	318	19	web	web	NOUN
ftr-485	318	20	of	of	ADP
ftr-485	318	21	the	the	DET
ftr-485	318	22	u.s	u.s	PROPN
ftr-485	318	23	.	.	PROPN
ftr-485	318	24	tax	tax	NOUN
ftr-485	318	25	system	system	NOUN
ftr-485	318	26	.	.	PUNCT
ftr-485	319	1	iv	iv	X
ftr-485	319	2	.	.	PUNCT
ftr-485	319	3	consequences	consequence	NOUN
ftr-485	319	4	of	of	ADP
ftr-485	319	5	recharacterizing	recharacterize	VERB
ftr-485	319	6	a	a	DET
ftr-485	319	7	nonperiodic	nonperiodic	ADJ
ftr-485	319	8	payment	payment	NOUN
ftr-485	319	9	the	the	DET
ftr-485	319	10	withholding	withholding	NOUN
ftr-485	319	11	tax	tax	NOUN
ftr-485	319	12	on	on	ADP
ftr-485	319	13	u.s.-source	u.s.-source	ADJ
ftr-485	319	14	interest	interest	NOUN
ftr-485	319	15	paid	pay	VERB
ftr-485	319	16	abroad	abroad	ADV
ftr-485	319	17	may	may	AUX
ftr-485	319	18	be	be	AUX
ftr-485	319	19	eliminated	eliminate	VERB
ftr-485	319	20	or	or	CCONJ
ftr-485	319	21	reduced	reduce	VERB
ftr-485	319	22	by	by	ADP
ftr-485	319	23	two	two	NUM
ftr-485	319	24	frequently	frequently	ADV
ftr-485	319	25	relied	rely	VERB
ftr-485	319	26	upon	upon	SCONJ
ftr-485	319	27	means	mean	NOUN
ftr-485	319	28	:	:	PUNCT
ftr-485	319	29	the	the	DET
ftr-485	319	30	statutory	statutory	PROPN
ftr-485	319	31	portfolio	portfolio	NOUN
ftr-485	319	32	interest	interest	NOUN
ftr-485	319	33	exemption	exemption	NOUN
ftr-485	319	34	and	and	CCONJ
ftr-485	319	35	double	double	ADJ
ftr-485	319	36	taxation	taxation	NOUN
ftr-485	319	37	treaties	treaty	NOUN
ftr-485	319	38	.	.	PUNCT
ftr-485	320	1	however	however	ADV
ftr-485	320	2	,	,	PUNCT
ftr-485	320	3	the	the	DET
ftr-485	320	4	effectiveness	effectiveness	NOUN
ftr-485	320	5	of	of	ADP
ftr-485	320	6	both	both	PRON
ftr-485	320	7	of	of	ADP
ftr-485	320	8	these	these	DET
ftr-485	320	9	means	mean	NOUN
ftr-485	320	10	is	be	AUX
ftr-485	320	11	limited	limit	VERB
ftr-485	320	12	in	in	ADP
ftr-485	320	13	the	the	DET
ftr-485	320	14	context	context	NOUN
ftr-485	320	15	of	of	ADP
ftr-485	320	16	nonperiodic	nonperiodic	ADJ
ftr-485	320	17	payments	payment	NOUN
ftr-485	320	18	in	in	ADP
ftr-485	320	19	an	an	DET
ftr-485	320	20	off	off	ADJ
ftr-485	320	21	-	-	PUNCT
ftr-485	320	22	market	market	NOUN
ftr-485	320	23	swap	swap	NOUN
ftr-485	320	24	which	which	PRON
ftr-485	320	25	are	be	AUX
ftr-485	320	26	recharacterized	recharacterize	VERB
ftr-485	320	27	as	as	ADP
ftr-485	320	28	including	include	VERB
ftr-485	320	29	a	a	DET
ftr-485	320	30	loan	loan	NOUN
ftr-485	320	31	bearing	bear	VERB
ftr-485	320	32	interest	interest	NOUN
ftr-485	320	33	.	.	PUNCT
ftr-485	321	1	as	as	ADP
ftr-485	321	2	a	a	DET
ftr-485	321	3	result	result	NOUN
ftr-485	321	4	,	,	PUNCT
ftr-485	321	5	double	double	ADJ
ftr-485	321	6	taxation	taxation	NOUN
ftr-485	321	7	may	may	AUX
ftr-485	321	8	often	often	ADV
ftr-485	321	9	arise	arise	VERB
ftr-485	321	10	even	even	ADV
ftr-485	321	11	in	in	ADP
ftr-485	321	12	the	the	DET
ftr-485	321	13	presence	presence	NOUN
ftr-485	321	14	of	of	ADP
ftr-485	321	15	a	a	DET
ftr-485	321	16	tax	tax	NOUN
ftr-485	321	17	treaty	treaty	NOUN
ftr-485	321	18	.	.	PUNCT
ftr-485	322	1	the	the	DET
ftr-485	322	2	portfolio	portfolio	NOUN
ftr-485	322	3	interest	interest	NOUN
ftr-485	322	4	exemption	exemption	NOUN
ftr-485	322	5	to	to	ADP
ftr-485	322	6	withholding	withholding	NOUN
ftr-485	322	7	and	and	CCONJ
ftr-485	322	8	its	its	PRON
ftr-485	322	9	possible	possible	ADJ
ftr-485	322	10	applicability	applicability	NOUN
ftr-485	322	11	in	in	ADP
ftr-485	322	12	the	the	DET
ftr-485	322	13	off	off	ADJ
ftr-485	322	14	-	-	PUNCT
ftr-485	322	15	market	market	NOUN
ftr-485	322	16	swap	swap	NOUN
ftr-485	322	17	context	context	NOUN
ftr-485	322	18	are	be	AUX
ftr-485	322	19	assessed	assess	VERB
ftr-485	322	20	next	next	ADV
ftr-485	322	21	,	,	PUNCT
ftr-485	322	22	followed	follow	VERB
ftr-485	322	23	by	by	ADP
ftr-485	322	24	a	a	DET
ftr-485	322	25	discussion	discussion	NOUN
ftr-485	322	26	of	of	ADP
ftr-485	322	27	the	the	DET
ftr-485	322	28	withholding	withholding	NOUN
ftr-485	322	29	issues	issue	NOUN
ftr-485	322	30	associated	associate	VERB
ftr-485	322	31	with	with	ADP
ftr-485	322	32	interest	interest	NOUN
ftr-485	322	33	resulting	result	VERB
ftr-485	322	34	from	from	ADP
ftr-485	322	35	recharacterized	recharacterized	ADJ
ftr-485	322	36	nonperiodic	nonperiodic	ADJ
ftr-485	322	37	payments	payment	NOUN
ftr-485	322	38	.	.	PUNCT
ftr-485	323	1	the	the	DET
ftr-485	323	2	remainder	remainder	NOUN
ftr-485	323	3	of	of	ADP
ftr-485	323	4	the	the	DET
ftr-485	323	5	article	article	NOUN
ftr-485	323	6	addresses	address	VERB
ftr-485	323	7	why	why	SCONJ
ftr-485	323	8	many	many	ADJ
ftr-485	323	9	tax	tax	NOUN
ftr-485	323	10	treaties	treaty	NOUN
ftr-485	323	11	do	do	AUX
ftr-485	323	12	not	not	PART
ftr-485	323	13	effectively	effectively	ADV
ftr-485	323	14	eliminate	eliminate	VERB
ftr-485	323	15	double	double	ADJ
ftr-485	323	16	taxation	taxation	NOUN
ftr-485	323	17	of	of	ADP
ftr-485	323	18	these	these	DET
ftr-485	323	19	deemed	deem	VERB
ftr-485	323	20	interest	interest	NOUN
ftr-485	323	21	payments	payment	NOUN
ftr-485	323	22	.	.	PUNCT
ftr-485	324	1	50	50	NUM
ftr-485	324	2	.	.	PUNCT
ftr-485	324	3	regs	reg	NOUN
ftr-485	324	4	.	.	PUNCT
ftr-485	325	1	§	§	PROPN
ftr-485	325	2	1.863	1.863	NUM
ftr-485	325	3	-	-	SYM
ftr-485	325	4	7(b)(1	7(b)(1	NUM
ftr-485	325	5	)	)	PUNCT
ftr-485	325	6	(	(	PUNCT
ftr-485	325	7	stating	state	VERB
ftr-485	325	8	that	that	SCONJ
ftr-485	325	9	the	the	DET
ftr-485	325	10	"	"	PUNCT
ftr-485	325	11	source	source	NOUN
ftr-485	325	12	of	of	ADP
ftr-485	325	13	notional	notional	ADJ
ftr-485	325	14	principal	principal	ADJ
ftr-485	325	15	contract	contract	NOUN
ftr-485	325	16	income	income	NOUN
ftr-485	325	17	shall	shall	AUX
ftr-485	325	18	be	be	AUX
ftr-485	325	19	determined	determine	VERB
ftr-485	325	20	by	by	ADP
ftr-485	325	21	reference	reference	NOUN
ftr-485	325	22	to	to	ADP
ftr-485	325	23	the	the	DET
ftr-485	325	24	residence	residence	NOUN
ftr-485	325	25	of	of	ADP
ftr-485	325	26	the	the	DET
ftr-485	325	27	taxpayer	taxpayer	NOUN
ftr-485	325	28	as	as	SCONJ
ftr-485	325	29	determined	determine	VERB
ftr-485	325	30	under	under	ADP
ftr-485	325	31	section	section	NOUN
ftr-485	325	32	988(a)(3)(b)(i	988(a)(3)(b)(i	NUM
ftr-485	325	33	)	)	PUNCT
ftr-485	325	34	"	"	PUNCT
ftr-485	325	35	)	)	PUNCT
ftr-485	325	36	.	.	PUNCT
ftr-485	326	1	see	see	VERB
ftr-485	326	2	also	also	ADV
ftr-485	326	3	the	the	DET
ftr-485	326	4	regulations	regulation	NOUN
ftr-485	326	5	under	under	ADP
ftr-485	326	6	§	§	PROPN
ftr-485	326	7	988	988	NUM
ftr-485	326	8	.	.	PUNCT
ftr-485	327	1	51	51	NUM
ftr-485	327	2	.	.	PUNCT
ftr-485	327	3	irc	irc	PROPN
ftr-485	327	4	§	§	PROPN
ftr-485	327	5	861(a)(1	861(a)(1	PROPN
ftr-485	327	6	)	)	PUNCT
ftr-485	327	7	.	.	PUNCT
ftr-485	328	1	52	52	NUM
ftr-485	328	2	.	.	PUNCT
ftr-485	328	3	irc	irc	PROPN
ftr-485	328	4	§	§	PROPN
ftr-485	328	5	§	§	PROPN
ftr-485	328	6	871(a)(l)(a	871(a)(l)(a	NUM
ftr-485	328	7	)	)	PUNCT
ftr-485	328	8	,	,	PUNCT
ftr-485	328	9	881(a)(1	881(a)(1	NOUN
ftr-485	328	10	)	)	PUNCT
ftr-485	328	11	,	,	PUNCT
ftr-485	328	12	1441(a	1441(a	NUM
ftr-485	328	13	)	)	PUNCT
ftr-485	328	14	.	.	PUNCT
ftr-485	329	1	see	see	VERB
ftr-485	329	2	infra	infra	NOUN
ftr-485	329	3	part	part	NOUN
ftr-485	329	4	vii	vii	NOUN
ftr-485	329	5	for	for	ADP
ftr-485	329	6	tax	tax	NOUN
ftr-485	329	7	treaties	treaty	NOUN
ftr-485	329	8	.	.	PUNCT
ftr-485	330	1	[	[	X
ftr-485	330	2	vol	vol	NOUN
ftr-485	330	3	2:11	2:11	NUM
ftr-485	330	4	the	the	DET
ftr-485	330	5	recharacterization	recharacterization	NOUN
ftr-485	330	6	of	of	ADP
ftr-485	330	7	cross	cross	ADJ
ftr-485	330	8	-	-	ADJ
ftr-485	330	9	border	border	ADJ
ftr-485	330	10	interest	interest	NOUN
ftr-485	330	11	rate	rate	NOUN
ftr-485	330	12	swaps	swap	NOUN
ftr-485	330	13	a.	a.	NOUN
ftr-485	330	14	portfolio	portfolio	PROPN
ftr-485	330	15	interest	interest	NOUN
ftr-485	330	16	the	the	DET
ftr-485	330	17	deemed	deemed	ADJ
ftr-485	330	18	interest	interest	NOUN
ftr-485	330	19	income	income	NOUN
ftr-485	330	20	payments	payment	NOUN
ftr-485	330	21	to	to	ADP
ftr-485	330	22	m	m	PROPN
ftr-485	330	23	in	in	ADP
ftr-485	330	24	the	the	DET
ftr-485	330	25	example	example	NOUN
ftr-485	330	26	are	be	AUX
ftr-485	330	27	exempt	exempt	ADJ
ftr-485	330	28	from	from	ADP
ftr-485	330	29	withholding	withhold	VERB
ftr-485	330	30	tax	tax	NOUN
ftr-485	330	31	if	if	SCONJ
ftr-485	330	32	they	they	PRON
ftr-485	330	33	qualify	qualify	VERB
ftr-485	330	34	as	as	ADP
ftr-485	330	35	portfolio	portfolio	NOUN
ftr-485	330	36	interest	interest	NOUN
ftr-485	330	37	.	.	PUNCT
ftr-485	330	38	"	"	PUNCT
ftr-485	331	1	it	it	PRON
ftr-485	331	2	appears	appear	VERB
ftr-485	331	3	that	that	SCONJ
ftr-485	331	4	the	the	DET
ftr-485	331	5	portfolio	portfolio	NOUN
ftr-485	331	6	interest	interest	NOUN
ftr-485	331	7	exemption	exemption	NOUN
ftr-485	331	8	is	be	AUX
ftr-485	331	9	most	most	ADV
ftr-485	331	10	often	often	ADV
ftr-485	331	11	relied	rely	VERB
ftr-485	331	12	on	on	ADP
ftr-485	331	13	to	to	PART
ftr-485	331	14	avoid	avoid	VERB
ftr-485	331	15	withholding	withhold	VERB
ftr-485	331	16	from	from	ADP
ftr-485	331	17	the	the	DET
ftr-485	331	18	interest	interest	NOUN
ftr-485	331	19	element	element	NOUN
ftr-485	331	20	of	of	ADP
ftr-485	331	21	large	large	ADJ
ftr-485	331	22	nonperiodic	nonperiodic	ADJ
ftr-485	331	23	swap	swap	NOUN
ftr-485	331	24	payments	payment	NOUN
ftr-485	331	25	.	.	PUNCT
ftr-485	332	1	the	the	DET
ftr-485	332	2	irs	irs	PROPN
ftr-485	332	3	was	be	AUX
ftr-485	332	4	aware	aware	ADJ
ftr-485	332	5	before	before	ADP
ftr-485	332	6	promulgation	promulgation	NOUN
ftr-485	332	7	of	of	ADP
ftr-485	332	8	the	the	DET
ftr-485	332	9	swap	swap	NOUN
ftr-485	332	10	regulations	regulation	NOUN
ftr-485	332	11	that	that	PRON
ftr-485	332	12	the	the	DET
ftr-485	332	13	portfolio	portfolio	NOUN
ftr-485	332	14	interest	interest	NOUN
ftr-485	332	15	exemption	exemption	NOUN
ftr-485	332	16	would	would	AUX
ftr-485	332	17	play	play	VERB
ftr-485	332	18	an	an	DET
ftr-485	332	19	important	important	ADJ
ftr-485	332	20	role	role	NOUN
ftr-485	332	21	in	in	ADP
ftr-485	332	22	eliminating	eliminate	VERB
ftr-485	332	23	withholding	withholding	NOUN
ftr-485	332	24	on	on	ADP
ftr-485	332	25	this	this	DET
ftr-485	332	26	interest	interest	NOUN
ftr-485	332	27	.	.	PUNCT
ftr-485	332	28	'	'	PUNCT
ftr-485	333	1	however	however	ADV
ftr-485	333	2	,	,	PUNCT
ftr-485	333	3	no	no	DET
ftr-485	333	4	firm	firm	ADJ
ftr-485	333	5	determination	determination	NOUN
ftr-485	333	6	has	have	AUX
ftr-485	333	7	been	be	AUX
ftr-485	333	8	rendered	render	VERB
ftr-485	333	9	by	by	ADP
ftr-485	333	10	the	the	DET
ftr-485	333	11	irs	irs	PROPN
ftr-485	333	12	on	on	ADP
ftr-485	333	13	the	the	DET
ftr-485	333	14	portfolio	portfolio	NOUN
ftr-485	333	15	interest	interest	NOUN
ftr-485	333	16	exemption	exemption	NOUN
ftr-485	333	17	's	's	PART
ftr-485	333	18	applicability	applicability	NOUN
ftr-485	333	19	to	to	ADP
ftr-485	333	20	these	these	DET
ftr-485	333	21	payments	payment	NOUN
ftr-485	333	22	.	.	PUNCT
ftr-485	334	1	it	it	PRON
ftr-485	334	2	is	be	AUX
ftr-485	334	3	unlikely	unlikely	ADJ
ftr-485	334	4	that	that	SCONJ
ftr-485	334	5	the	the	DET
ftr-485	334	6	exemption	exemption	NOUN
ftr-485	334	7	extends	extend	VERB
ftr-485	334	8	to	to	ADP
ftr-485	334	9	all	all	DET
ftr-485	334	10	cases	case	NOUN
ftr-485	334	11	that	that	PRON
ftr-485	334	12	could	could	AUX
ftr-485	334	13	potentially	potentially	ADV
ftr-485	334	14	arise	arise	VERB
ftr-485	334	15	under	under	ADP
ftr-485	334	16	the	the	DET
ftr-485	334	17	swap	swap	NOUN
ftr-485	334	18	regulations	regulation	NOUN
ftr-485	334	19	.	.	PUNCT
ftr-485	335	1	the	the	DET
ftr-485	335	2	portfolio	portfolio	NOUN
ftr-485	335	3	interest	interest	NOUN
ftr-485	335	4	exemption	exemption	NOUN
ftr-485	335	5	applies	apply	VERB
ftr-485	335	6	only	only	ADV
ftr-485	335	7	if	if	SCONJ
ftr-485	335	8	the	the	DET
ftr-485	335	9	interest	interest	NOUN
ftr-485	335	10	-	-	PUNCT
ftr-485	335	11	bearing	bear	VERB
ftr-485	335	12	obligation	obligation	NOUN
ftr-485	335	13	is	be	AUX
ftr-485	335	14	in	in	ADP
ftr-485	335	15	registered	register	VERB
ftr-485	335	16	form	form	NOUN
ftr-485	335	17	or	or	CCONJ
ftr-485	335	18	complies	complie	NOUN
ftr-485	335	19	with	with	ADP
ftr-485	335	20	elaborate	elaborate	ADJ
ftr-485	335	21	requirements	requirement	NOUN
ftr-485	335	22	designed	design	VERB
ftr-485	335	23	to	to	PART
ftr-485	335	24	keep	keep	VERB
ftr-485	335	25	the	the	DET
ftr-485	335	26	obligation	obligation	NOUN
ftr-485	335	27	out	out	ADP
ftr-485	335	28	of	of	ADP
ftr-485	335	29	the	the	DET
ftr-485	335	30	hands	hand	NOUN
ftr-485	335	31	of	of	ADP
ftr-485	335	32	u.s	u.s	PROPN
ftr-485	335	33	.	.	PROPN
ftr-485	335	34	investors	investor	NOUN
ftr-485	335	35	.	.	PUNCT
ftr-485	335	36	"	"	PUNCT
ftr-485	336	1	since	since	SCONJ
ftr-485	336	2	most	most	ADJ
ftr-485	336	3	swaps	swap	NOUN
ftr-485	336	4	are	be	AUX
ftr-485	336	5	in	in	ADP
ftr-485	336	6	registered	register	VERB
ftr-485	336	7	form	form	NOUN
ftr-485	336	8	,	,	PUNCT
ftr-485	336	9	it	it	PRON
ftr-485	336	10	is	be	AUX
ftr-485	336	11	possible	possible	ADJ
ftr-485	336	12	for	for	SCONJ
ftr-485	336	13	many	many	ADJ
ftr-485	336	14	nonbank	nonbank	NOUN
ftr-485	336	15	participants	participant	NOUN
ftr-485	336	16	in	in	ADP
ftr-485	336	17	cross	cross	ADJ
ftr-485	336	18	-	-	ADJ
ftr-485	336	19	border	border	ADJ
ftr-485	336	20	swaps	swap	NOUN
ftr-485	336	21	to	to	PART
ftr-485	336	22	comply	comply	VERB
ftr-485	336	23	with	with	ADP
ftr-485	336	24	the	the	DET
ftr-485	336	25	technical	technical	ADJ
ftr-485	336	26	portfolio	portfolio	NOUN
ftr-485	336	27	interest	interest	NOUN
ftr-485	336	28	53	53	NUM
ftr-485	336	29	.	.	PUNCT
ftr-485	337	1	sections	section	NOUN
ftr-485	337	2	871(h)(i	871(h)(i	NUM
ftr-485	337	3	)	)	PUNCT
ftr-485	337	4	and	and	CCONJ
ftr-485	337	5	881(c)(1	881(c)(1	NOUN
ftr-485	337	6	)	)	PUNCT
ftr-485	337	7	exempt	exempt	ADJ
ftr-485	337	8	"	"	PUNCT
ftr-485	337	9	portfolio	portfolio	NOUN
ftr-485	337	10	interest	interest	NOUN
ftr-485	337	11	"	"	PUNCT
ftr-485	337	12	from	from	ADP
ftr-485	337	13	tax	tax	NOUN
ftr-485	337	14	under	under	ADP
ftr-485	337	15	§	§	PROPN
ftr-485	337	16	§	§	PROPN
ftr-485	337	17	871	871	NUM
ftr-485	337	18	or	or	CCONJ
ftr-485	337	19	881	881	NUM
ftr-485	337	20	.	.	PUNCT
ftr-485	337	21	section	section	NOUN
ftr-485	337	22	1441(c)(9	1441(c)(9	NUM
ftr-485	337	23	)	)	PUNCT
ftr-485	337	24	confirms	confirm	VERB
ftr-485	337	25	that	that	SCONJ
ftr-485	337	26	"	"	PUNCT
ftr-485	337	27	[	[	X
ftr-485	337	28	iln	iln	NOUN
ftr-485	337	29	the	the	DET
ftr-485	337	30	case	case	NOUN
ftr-485	337	31	of	of	ADP
ftr-485	337	32	portfolio	portfolio	NOUN
ftr-485	337	33	interest	interest	NOUN
ftr-485	337	34	(	(	PUNCT
ftr-485	337	35	within	within	ADP
ftr-485	337	36	the	the	DET
ftr-485	337	37	meaning	meaning	NOUN
ftr-485	337	38	of	of	ADP
ftr-485	337	39	section	section	NOUN
ftr-485	337	40	871(h	871(h	PROPN
ftr-485	337	41	)	)	PUNCT
ftr-485	337	42	)	)	PUNCT
ftr-485	337	43	,	,	PUNCT
ftr-485	337	44	no	no	DET
ftr-485	337	45	tax	tax	NOUN
ftr-485	337	46	shall	shall	AUX
ftr-485	337	47	be	be	AUX
ftr-485	337	48	required	require	VERB
ftr-485	337	49	to	to	PART
ftr-485	337	50	be	be	AUX
ftr-485	337	51	...	...	PUNCT
ftr-485	337	52	withheld	withhold	VERB
ftr-485	337	53	from	from	ADP
ftr-485	337	54	such	such	ADJ
ftr-485	337	55	interest	interest	NOUN
ftr-485	337	56	.	.	PUNCT
ftr-485	337	57	"	"	PUNCT
ftr-485	338	1	54	54	NUM
ftr-485	338	2	.	.	PUNCT
ftr-485	339	1	see	see	VERB
ftr-485	339	2	letter	letter	NOUN
ftr-485	339	3	from	from	ADP
ftr-485	339	4	vincent	vincent	PROPN
ftr-485	339	5	m.	m.	PROPN
ftr-485	339	6	aquilino	aquilino	PROPN
ftr-485	339	7	,	,	PUNCT
ftr-485	339	8	esq	esq	PROPN
ftr-485	339	9	.	.	PROPN
ftr-485	339	10	,	,	PUNCT
ftr-485	339	11	chapman	chapman	NOUN
ftr-485	339	12	and	and	CCONJ
ftr-485	339	13	cutler	cutler	PROPN
ftr-485	339	14	.	.	PUNCT
ftr-485	339	15	&	&	CCONJ
ftr-485	339	16	steven	steven	PROPN
ftr-485	339	17	d.	d.	PROPN
ftr-485	339	18	conlon	conlon	PROPN
ftr-485	339	19	,	,	PUNCT
ftr-485	339	20	esq	esq	PROPN
ftr-485	339	21	.	.	PROPN
ftr-485	339	22	,	,	PUNCT
ftr-485	339	23	chapman	chapman	NOUN
ftr-485	339	24	and	and	CCONJ
ftr-485	339	25	cutler	cutler	NOUN
ftr-485	339	26	,	,	PUNCT
ftr-485	339	27	to	to	ADP
ftr-485	339	28	the	the	DET
ftr-485	339	29	commissioner	commissioner	NOUN
ftr-485	339	30	of	of	ADP
ftr-485	339	31	the	the	DET
ftr-485	339	32	internal	internal	ADJ
ftr-485	339	33	revenue	revenue	NOUN
ftr-485	339	34	service	service	NOUN
ftr-485	339	35	(	(	PUNCT
ftr-485	339	36	sept	sept	PROPN
ftr-485	339	37	.	.	PROPN
ftr-485	339	38	20	20	NUM
ftr-485	339	39	,	,	PUNCT
ftr-485	339	40	1991	1991	NUM
ftr-485	339	41	)	)	PUNCT
ftr-485	340	1	[	[	X
ftr-485	340	2	hereinafter	hereinafter	NOUN
ftr-485	340	3	aquilino	aquilino	PROPN
ftr-485	340	4	&	&	CCONJ
ftr-485	340	5	conlon	conlon	PROPN
ftr-485	340	6	letter	letter	NOUN
ftr-485	340	7	]	]	PUNCT
ftr-485	340	8	;	;	PUNCT
ftr-485	340	9	letter	letter	NOUN
ftr-485	340	10	from	from	ADP
ftr-485	340	11	stephen	stephen	PROPN
ftr-485	340	12	l	l	PROPN
ftr-485	340	13	gordon	gordon	PROPN
ftr-485	340	14	,	,	PUNCT
ftr-485	340	15	esq	esq	PROPN
ftr-485	340	16	.	.	PROPN
ftr-485	340	17	,	,	PUNCT
ftr-485	340	18	cravath	cravath	NOUN
ftr-485	340	19	,	,	PUNCT
ftr-485	340	20	swaine	swaine	NOUN
ftr-485	340	21	&	&	CCONJ
ftr-485	340	22	moore	moore	PROPN
ftr-485	340	23	,	,	PUNCT
ftr-485	340	24	to	to	ADP
ftr-485	340	25	karl	karl	PROPN
ftr-485	340	26	t.	t.	PROPN
ftr-485	340	27	walhi	walhi	PROPN
ftr-485	340	28	,	,	PUNCT
ftr-485	340	29	esq	esq	PROPN
ftr-485	340	30	.	.	PROPN
ftr-485	340	31	,	,	PUNCT
ftr-485	340	32	internal	internal	ADJ
ftr-485	340	33	revenue	revenue	NOUN
ftr-485	340	34	service	service	NOUN
ftr-485	340	35	(	(	PUNCT
ftr-485	340	36	sept	sept	PROPN
ftr-485	340	37	.	.	PROPN
ftr-485	340	38	27	27	NUM
ftr-485	340	39	,	,	PUNCT
ftr-485	340	40	1991	1991	NUM
ftr-485	340	41	)	)	PUNCT
ftr-485	340	42	(	(	PUNCT
ftr-485	340	43	commenting	comment	VERB
ftr-485	340	44	on	on	ADP
ftr-485	340	45	the	the	DET
ftr-485	340	46	proposed	propose	VERB
ftr-485	340	47	regulations	regulation	NOUN
ftr-485	340	48	on	on	ADP
ftr-485	340	49	tax	tax	NOUN
ftr-485	340	50	accounting	accounting	NOUN
ftr-485	340	51	for	for	ADP
ftr-485	340	52	notional	notional	ADJ
ftr-485	340	53	principal	principal	ADJ
ftr-485	340	54	contracts	contract	NOUN
ftr-485	340	55	)	)	PUNCT
ftr-485	340	56	.	.	PUNCT
ftr-485	341	1	the	the	DET
ftr-485	341	2	absence	absence	NOUN
ftr-485	341	3	of	of	ADP
ftr-485	341	4	explicit	explicit	ADJ
ftr-485	341	5	mention	mention	NOUN
ftr-485	341	6	of	of	ADP
ftr-485	341	7	portfolio	portfolio	NOUN
ftr-485	341	8	interest	interest	NOUN
ftr-485	341	9	in	in	ADP
ftr-485	341	10	the	the	DET
ftr-485	341	11	swap	swap	NOUN
ftr-485	341	12	regulations	regulation	NOUN
ftr-485	341	13	may	may	AUX
ftr-485	341	14	be	be	AUX
ftr-485	341	15	an	an	DET
ftr-485	341	16	indication	indication	NOUN
ftr-485	341	17	that	that	SCONJ
ftr-485	341	18	the	the	DET
ftr-485	341	19	irs	irs	PROPN
ftr-485	341	20	is	be	AUX
ftr-485	341	21	skeptical	skeptical	ADJ
ftr-485	341	22	as	as	ADP
ftr-485	341	23	to	to	ADP
ftr-485	341	24	whether	whether	SCONJ
ftr-485	341	25	or	or	CCONJ
ftr-485	341	26	to	to	ADP
ftr-485	341	27	what	what	DET
ftr-485	341	28	extent	extent	NOUN
ftr-485	341	29	the	the	DET
ftr-485	341	30	portfolio	portfolio	NOUN
ftr-485	341	31	interest	interest	NOUN
ftr-485	341	32	exemption	exemption	NOUN
ftr-485	341	33	applies	apply	VERB
ftr-485	341	34	to	to	ADP
ftr-485	341	35	deemed	deem	VERB
ftr-485	341	36	interest	interest	NOUN
ftr-485	341	37	payments	payment	NOUN
ftr-485	341	38	.	.	PUNCT
ftr-485	342	1	55	55	NUM
ftr-485	342	2	.	.	PUNCT
ftr-485	343	1	more	more	ADV
ftr-485	343	2	specifically	specifically	ADV
ftr-485	343	3	,	,	PUNCT
ftr-485	343	4	interest	interest	NOUN
ftr-485	343	5	qualifies	qualify	VERB
ftr-485	343	6	as	as	ADP
ftr-485	343	7	portfolio	portfolio	NOUN
ftr-485	343	8	interest	interest	NOUN
ftr-485	343	9	only	only	ADV
ftr-485	343	10	if	if	SCONJ
ftr-485	343	11	it	it	PRON
ftr-485	343	12	is	be	AUX
ftr-485	343	13	paid	pay	VERB
ftr-485	343	14	on	on	ADP
ftr-485	343	15	an	an	DET
ftr-485	343	16	obligation	obligation	NOUN
ftr-485	343	17	that	that	SCONJ
ftr-485	343	18	either	either	CCONJ
ftr-485	343	19	(	(	PUNCT
ftr-485	343	20	1	1	X
ftr-485	343	21	)	)	PUNCT
ftr-485	343	22	is	be	AUX
ftr-485	343	23	not	not	PART
ftr-485	343	24	in	in	ADP
ftr-485	343	25	registered	register	VERB
ftr-485	343	26	form	form	NOUN
ftr-485	343	27	and	and	CCONJ
ftr-485	343	28	is	be	AUX
ftr-485	343	29	described	describe	VERB
ftr-485	343	30	in	in	ADP
ftr-485	343	31	§	§	PROPN
ftr-485	343	32	163(f)(2)(b	163(f)(2)(b	PROPN
ftr-485	343	33	)	)	PUNCT
ftr-485	343	34	;	;	PUNCT
ftr-485	343	35	or	or	CCONJ
ftr-485	343	36	(	(	PUNCT
ftr-485	343	37	2	2	X
ftr-485	343	38	)	)	PUNCT
ftr-485	343	39	is	be	AUX
ftr-485	343	40	in	in	ADP
ftr-485	343	41	registered	register	VERB
ftr-485	343	42	form	form	NOUN
ftr-485	343	43	and	and	CCONJ
ftr-485	343	44	the	the	DET
ftr-485	343	45	u.s	u.s	PROPN
ftr-485	343	46	.	.	PROPN
ftr-485	343	47	withholding	withholding	NOUN
ftr-485	343	48	agent	agent	NOUN
ftr-485	343	49	has	have	AUX
ftr-485	343	50	received	receive	VERB
ftr-485	343	51	a	a	DET
ftr-485	343	52	statement	statement	NOUN
ftr-485	343	53	that	that	SCONJ
ftr-485	343	54	the	the	DET
ftr-485	343	55	beneficial	beneficial	ADJ
ftr-485	343	56	owner	owner	NOUN
ftr-485	343	57	of	of	ADP
ftr-485	343	58	the	the	DET
ftr-485	343	59	obligation	obligation	NOUN
ftr-485	343	60	is	be	AUX
ftr-485	343	61	not	not	PART
ftr-485	343	62	a	a	DET
ftr-485	343	63	u.s	u.s	PROPN
ftr-485	343	64	.	.	PROPN
ftr-485	343	65	person	person	NOUN
ftr-485	343	66	.	.	PUNCT
ftr-485	344	1	irc	irc	PROPN
ftr-485	344	2	§	§	PROPN
ftr-485	344	3	871(h)(2	871(h)(2	NUM
ftr-485	344	4	)	)	PUNCT
ftr-485	344	5	.	.	PUNCT
ftr-485	345	1	to	to	PART
ftr-485	345	2	meet	meet	VERB
ftr-485	345	3	the	the	DET
ftr-485	345	4	first	first	ADJ
ftr-485	345	5	test	test	NOUN
ftr-485	345	6	,	,	PUNCT
ftr-485	345	7	§	§	PROPN
ftr-485	345	8	163(f)(2)(b	163(f)(2)(b	PROPN
ftr-485	345	9	)	)	PUNCT
ftr-485	345	10	requires	require	VERB
ftr-485	345	11	that	that	SCONJ
ftr-485	345	12	the	the	DET
ftr-485	345	13	obligation	obligation	NOUN
ftr-485	345	14	(	(	PUNCT
ftr-485	345	15	i	i	NOUN
ftr-485	345	16	)	)	PUNCT
ftr-485	345	17	be	be	VERB
ftr-485	345	18	subject	subject	ADJ
ftr-485	345	19	to	to	ADP
ftr-485	345	20	measures	measure	NOUN
ftr-485	345	21	designed	design	VERB
ftr-485	345	22	to	to	PART
ftr-485	345	23	ensure	ensure	VERB
ftr-485	345	24	its	its	PRON
ftr-485	345	25	sale	sale	NOUN
ftr-485	345	26	or	or	CCONJ
ftr-485	345	27	resale	resale	NOUN
ftr-485	345	28	to	to	ADP
ftr-485	345	29	a	a	DET
ftr-485	345	30	non	non	ADJ
ftr-485	345	31	-	-	ADJ
ftr-485	345	32	u.s	u.s	PROPN
ftr-485	345	33	.	.	PROPN
ftr-485	345	34	person	person	NOUN
ftr-485	345	35	;	;	PUNCT
ftr-485	345	36	(	(	PUNCT
ftr-485	345	37	2	2	X
ftr-485	345	38	)	)	PUNCT
ftr-485	345	39	pay	pay	VERB
ftr-485	345	40	interest	interest	NOUN
ftr-485	345	41	only	only	ADV
ftr-485	345	42	outside	outside	ADP
ftr-485	345	43	of	of	ADP
ftr-485	345	44	the	the	DET
ftr-485	345	45	united	united	PROPN
ftr-485	345	46	states	states	PROPN
ftr-485	345	47	;	;	PUNCT
ftr-485	345	48	and	and	CCONJ
ftr-485	345	49	(	(	PUNCT
ftr-485	345	50	3	3	X
ftr-485	345	51	)	)	PUNCT
ftr-485	345	52	bear	bear	VERB
ftr-485	345	53	a	a	DET
ftr-485	345	54	legend	legend	NOUN
ftr-485	345	55	on	on	ADP
ftr-485	345	56	its	its	PRON
ftr-485	345	57	face	face	NOUN
ftr-485	345	58	stating	state	VERB
ftr-485	345	59	that	that	SCONJ
ftr-485	345	60	a	a	DET
ftr-485	345	61	u.s	u.s	PROPN
ftr-485	345	62	.	.	PROPN
ftr-485	345	63	holder	holder	NOUN
ftr-485	345	64	will	will	AUX
ftr-485	345	65	be	be	AUX
ftr-485	345	66	subject	subject	ADJ
ftr-485	345	67	to	to	ADP
ftr-485	345	68	u.s	u.s	PROPN
ftr-485	345	69	.	.	PROPN
ftr-485	345	70	tax	tax	NOUN
ftr-485	345	71	laws	law	NOUN
ftr-485	345	72	.	.	PUNCT
ftr-485	346	1	irc	irc	PROPN
ftr-485	346	2	§	§	PROPN
ftr-485	346	3	163(f)(2)(b	163(f)(2)(b	PROPN
ftr-485	346	4	)	)	PUNCT
ftr-485	346	5	.	.	PUNCT
ftr-485	347	1	regulations	regulation	NOUN
ftr-485	347	2	§	§	PROPN
ftr-485	347	3	1.163	1.163	NUM
ftr-485	347	4	-	-	SYM
ftr-485	347	5	5(c)(2)(i	5(c)(2)(i	NUM
ftr-485	347	6	)	)	PUNCT
ftr-485	347	7	elaborates	elaborate	VERB
ftr-485	347	8	on	on	ADP
ftr-485	347	9	the	the	DET
ftr-485	347	10	(	(	PUNCT
ftr-485	347	11	i	i	NOUN
ftr-485	347	12	)	)	PUNCT
ftr-485	347	13	restrictions	restriction	NOUN
ftr-485	347	14	on	on	ADP
ftr-485	347	15	transferability	transferability	NOUN
ftr-485	347	16	;	;	PUNCT
ftr-485	347	17	(	(	PUNCT
ftr-485	347	18	2	2	X
ftr-485	347	19	)	)	PUNCT
ftr-485	347	20	restrictions	restriction	NOUN
ftr-485	347	21	on	on	ADP
ftr-485	347	22	payment	payment	NOUN
ftr-485	347	23	of	of	ADP
ftr-485	347	24	interest	interest	NOUN
ftr-485	347	25	:	:	PUNCT
ftr-485	347	26	and	and	CCONJ
ftr-485	347	27	(	(	PUNCT
ftr-485	347	28	3	3	X
ftr-485	347	29	)	)	PUNCT
ftr-485	347	30	the	the	DET
ftr-485	347	31	certification	certification	NOUN
ftr-485	347	32	of	of	ADP
ftr-485	347	33	the	the	DET
ftr-485	347	34	obligation	obligation	NOUN
ftr-485	347	35	required	require	VERB
ftr-485	347	36	for	for	ADP
ftr-485	347	37	portfolio	portfolio	NOUN
ftr-485	347	38	interest	interest	NOUN
ftr-485	347	39	treatment	treatment	NOUN
ftr-485	347	40	.	.	PUNCT
ftr-485	348	1	an	an	DET
ftr-485	348	2	obligation	obligation	NOUN
ftr-485	348	3	is	be	AUX
ftr-485	348	4	"	"	PUNCT
ftr-485	348	5	registered	register	VERB
ftr-485	348	6	"	"	PUNCT
ftr-485	348	7	in	in	ADP
ftr-485	348	8	the	the	DET
ftr-485	348	9	sense	sense	NOUN
ftr-485	348	10	of	of	ADP
ftr-485	348	11	the	the	DET
ftr-485	348	12	second	second	ADJ
ftr-485	348	13	portfolio	portfolio	NOUN
ftr-485	348	14	interest	interest	NOUN
ftr-485	348	15	test	test	NOUN
ftr-485	348	16	if	if	SCONJ
ftr-485	348	17	(	(	PUNCT
ftr-485	348	18	1	1	X
ftr-485	348	19	)	)	PUNCT
ftr-485	348	20	the	the	DET
ftr-485	348	21	instrument	instrument	NOUN
ftr-485	348	22	is	be	AUX
ftr-485	348	23	registered	register	VERB
ftr-485	348	24	as	as	ADP
ftr-485	348	25	to	to	ADP
ftr-485	348	26	both	both	CCONJ
ftr-485	348	27	principal	principal	NOUN
ftr-485	348	28	and	and	CCONJ
ftr-485	348	29	interest	interest	NOUN
ftr-485	348	30	,	,	PUNCT
ftr-485	348	31	(	(	PUNCT
ftr-485	348	32	2	2	X
ftr-485	348	33	)	)	PUNCT
ftr-485	348	34	rights	right	NOUN
ftr-485	348	35	to	to	ADP
ftr-485	348	36	the	the	DET
ftr-485	348	37	principal	principal	NOUN
ftr-485	348	38	and	and	CCONJ
ftr-485	348	39	interest	interest	NOUN
ftr-485	348	40	on	on	ADP
ftr-485	348	41	the	the	DET
ftr-485	348	42	obligation	obligation	NOUN
ftr-485	348	43	may	may	AUX
ftr-485	348	44	be	be	AUX
ftr-485	348	45	transferred	transfer	VERB
ftr-485	348	46	only	only	ADV
ftr-485	348	47	through	through	ADP
ftr-485	348	48	a	a	DET
ftr-485	348	49	book	book	NOUN
ftr-485	348	50	-	-	PUNCT
ftr-485	348	51	entry	entry	NOUN
ftr-485	348	52	system	system	NOUN
ftr-485	348	53	:	:	PUNCT
ftr-485	348	54	or	or	CCONJ
ftr-485	348	55	(	(	PUNCT
ftr-485	348	56	3	3	X
ftr-485	348	57	)	)	PUNCT
ftr-485	348	58	the	the	DET
ftr-485	348	59	obligation	obligation	NOUN
ftr-485	348	60	is	be	AUX
ftr-485	348	61	registered	register	VERB
ftr-485	348	62	with	with	ADP
ftr-485	348	63	the	the	DET
ftr-485	348	64	issuer	issuer	NOUN
ftr-485	348	65	(	(	PUNCT
ftr-485	348	66	or	or	CCONJ
ftr-485	348	67	its	its	PRON
ftr-485	348	68	agent	agent	NOUN
ftr-485	348	69	)	)	PUNCT
ftr-485	348	70	as	as	ADP
ftr-485	348	71	to	to	ADP
ftr-485	348	72	both	both	CCONJ
ftr-485	348	73	principal	principal	NOUN
ftr-485	348	74	and	and	CCONJ
ftr-485	348	75	any	any	DET
ftr-485	348	76	stated	state	VERB
ftr-485	348	77	interest	interest	NOUN
ftr-485	348	78	and	and	CCONJ
ftr-485	348	79	may	may	AUX
ftr-485	348	80	be	be	AUX
ftr-485	348	81	transferred	transfer	VERB
ftr-485	348	82	through	through	ADP
ftr-485	348	83	both	both	DET
ftr-485	348	84	methods	method	NOUN
ftr-485	348	85	above	above	ADV
ftr-485	348	86	.	.	PUNCT
ftr-485	349	1	temp	temp	NOUN
ftr-485	349	2	.	.	PUNCT
ftr-485	350	1	regs	regs	PROPN
ftr-485	350	2	.	.	PUNCT
ftr-485	351	1	§	§	PROPN
ftr-485	351	2	5f	5f	NOUN
ftr-485	351	3	.	.	PUNCT
ftr-485	352	1	103	103	NUM
ftr-485	352	2	-	-	SYM
ftr-485	352	3	1	1	NUM
ftr-485	352	4	(	(	PUNCT
ftr-485	352	5	c)(1	c)(1	NOUN
ftr-485	352	6	)	)	PUNCT
ftr-485	352	7	.	.	PUNCT
ftr-485	353	1	also	also	ADV
ftr-485	353	2	,	,	PUNCT
ftr-485	353	3	the	the	DET
ftr-485	353	4	second	second	ADJ
ftr-485	353	5	portfolio	portfolio	NOUN
ftr-485	353	6	interest	interest	NOUN
ftr-485	353	7	test	test	NOUN
ftr-485	353	8	is	be	AUX
ftr-485	353	9	satisfied	satisfied	ADJ
ftr-485	353	10	only	only	ADV
ftr-485	353	11	if	if	SCONJ
ftr-485	353	12	the	the	DET
ftr-485	353	13	u.s	u.s	PROPN
ftr-485	353	14	.	.	PROPN
ftr-485	353	15	withholding	withhold	VERB
ftr-485	353	16	agent	agent	NOUN
ftr-485	353	17	receives	receive	VERB
ftr-485	353	18	a	a	DET
ftr-485	353	19	statement	statement	NOUN
ftr-485	353	20	(	(	PUNCT
ftr-485	353	21	form	form	NOUN
ftr-485	353	22	w-8	w-8	NOUN
ftr-485	353	23	)	)	PUNCT
ftr-485	353	24	that	that	SCONJ
ftr-485	353	25	the	the	DET
ftr-485	353	26	beneficial	beneficial	ADJ
ftr-485	353	27	owner	owner	NOUN
ftr-485	353	28	is	be	AUX
ftr-485	353	29	not	not	PART
ftr-485	353	30	a	a	DET
ftr-485	353	31	u.s	u.s	PROPN
ftr-485	353	32	.	.	PROPN
ftr-485	353	33	person	person	NOUN
ftr-485	353	34	.	.	PUNCT
ftr-485	354	1	irc	irc	PROPN
ftr-485	354	2	§	§	PROPN
ftr-485	354	3	§	§	PROPN
ftr-485	354	4	871(hj(2)(b)(ii	871(hj(2)(b)(ii	NUM
ftr-485	354	5	)	)	PUNCT
ftr-485	354	6	,	,	PUNCT
ftr-485	354	7	881(c)(2)(b)(ii	881(c)(2)(b)(ii	NUM
ftr-485	354	8	)	)	PUNCT
ftr-485	354	9	.	.	PUNCT
ftr-485	355	1	19951	19951	NUM
ftr-485	355	2	florida	florida	PROPN
ftr-485	355	3	tax	tax	NOUN
ftr-485	355	4	review	review	NOUN
ftr-485	355	5	requirements	requirement	NOUN
ftr-485	355	6	.	.	PUNCT
ftr-485	356	1	however	however	ADV
ftr-485	356	2	,	,	PUNCT
ftr-485	356	3	if	if	SCONJ
ftr-485	356	4	all	all	DET
ftr-485	356	5	the	the	DET
ftr-485	356	6	requirements	requirement	NOUN
ftr-485	356	7	are	be	AUX
ftr-485	356	8	not	not	PART
ftr-485	356	9	properly	properly	ADV
ftr-485	356	10	fulfilled	fulfil	VERB
ftr-485	356	11	,	,	PUNCT
ftr-485	356	12	withholding	withhold	VERB
ftr-485	356	13	obligations	obligation	NOUN
ftr-485	356	14	arise	arise	VERB
ftr-485	356	15	and	and	CCONJ
ftr-485	356	16	could	could	AUX
ftr-485	356	17	in	in	ADP
ftr-485	356	18	turn	turn	NOUN
ftr-485	356	19	lead	lead	VERB
ftr-485	356	20	to	to	ADP
ftr-485	356	21	liability	liability	NOUN
ftr-485	356	22	for	for	ADP
ftr-485	356	23	failure	failure	NOUN
ftr-485	356	24	to	to	PART
ftr-485	356	25	withhold	withhold	VERB
ftr-485	356	26	.	.	PROPN
ftr-485	356	27	6	6	NUM
ftr-485	356	28	to	to	PART
ftr-485	356	29	avoid	avoid	VERB
ftr-485	356	30	such	such	ADJ
ftr-485	356	31	potential	potential	ADJ
ftr-485	356	32	problems	problem	NOUN
ftr-485	356	33	,	,	PUNCT
ftr-485	356	34	it	it	PRON
ftr-485	356	35	was	be	AUX
ftr-485	356	36	suggested	suggest	VERB
ftr-485	356	37	to	to	ADP
ftr-485	356	38	the	the	DET
ftr-485	356	39	irs	irs	PROPN
ftr-485	356	40	in	in	ADP
ftr-485	356	41	1991	1991	NUM
ftr-485	356	42	that	that	SCONJ
ftr-485	356	43	guidelines	guideline	NOUN
ftr-485	356	44	be	be	AUX
ftr-485	356	45	provided	provide	VERB
ftr-485	356	46	regarding	regard	VERB
ftr-485	356	47	the	the	DET
ftr-485	356	48	extent	extent	NOUN
ftr-485	356	49	to	to	PART
ftr-485	356	50	which	which	PRON
ftr-485	356	51	the	the	DET
ftr-485	356	52	registration	registration	NOUN
ftr-485	356	53	and	and	CCONJ
ftr-485	356	54	certification	certification	NOUN
ftr-485	356	55	rules	rule	NOUN
ftr-485	356	56	must	must	AUX
ftr-485	356	57	be	be	AUX
ftr-485	356	58	complied	comply	VERB
ftr-485	356	59	with	with	ADP
ftr-485	356	60	in	in	ADP
ftr-485	356	61	the	the	DET
ftr-485	356	62	case	case	NOUN
ftr-485	356	63	of	of	ADP
ftr-485	356	64	an	an	DET
ftr-485	356	65	embedded	embed	VERB
ftr-485	356	66	loan	loan	NOUN
ftr-485	356	67	from	from	ADP
ftr-485	356	68	a	a	DET
ftr-485	356	69	foreign	foreign	ADJ
ftr-485	356	70	person.57	person.57	NOUN
ftr-485	356	71	no	no	DET
ftr-485	356	72	clear	clear	ADJ
ftr-485	356	73	answer	answer	NOUN
ftr-485	356	74	has	have	AUX
ftr-485	356	75	yet	yet	ADV
ftr-485	356	76	been	be	AUX
ftr-485	356	77	provided	provide	VERB
ftr-485	356	78	.	.	PUNCT
ftr-485	357	1	even	even	ADV
ftr-485	357	2	if	if	SCONJ
ftr-485	357	3	counterparties	counterpartie	NOUN
ftr-485	357	4	are	be	AUX
ftr-485	357	5	able	able	ADJ
ftr-485	357	6	and	and	CCONJ
ftr-485	357	7	willing	willing	ADJ
ftr-485	357	8	to	to	PART
ftr-485	357	9	comply	comply	VERB
ftr-485	357	10	with	with	ADP
ftr-485	357	11	the	the	DET
ftr-485	357	12	portfolio	portfolio	NOUN
ftr-485	357	13	interest	interest	NOUN
ftr-485	357	14	requirements	requirement	NOUN
ftr-485	357	15	,	,	PUNCT
ftr-485	357	16	many	many	ADJ
ftr-485	357	17	swaps	swap	NOUN
ftr-485	357	18	involve	involve	VERB
ftr-485	357	19	non	non	ADJ
ftr-485	357	20	-	-	ADJ
ftr-485	357	21	u.s	u.s	PROPN
ftr-485	357	22	.	.	PROPN
ftr-485	357	23	banks	bank	NOUN
ftr-485	357	24	as	as	ADP
ftr-485	357	25	counterparties	counterpartie	NOUN
ftr-485	357	26	,	,	PUNCT
ftr-485	357	27	either	either	CCONJ
ftr-485	357	28	in	in	ADP
ftr-485	357	29	the	the	DET
ftr-485	357	30	creation	creation	NOUN
ftr-485	357	31	or	or	CCONJ
ftr-485	357	32	termination	termination	NOUN
ftr-485	357	33	of	of	ADP
ftr-485	357	34	the	the	DET
ftr-485	357	35	swap	swap	NOUN
ftr-485	357	36	.	.	PUNCT
ftr-485	357	37	"	"	PUNCT
ftr-485	358	1	the	the	DET
ftr-485	358	2	term	term	NOUN
ftr-485	358	3	"	"	PUNCT
ftr-485	358	4	portfolio	portfolio	NOUN
ftr-485	358	5	interest	interest	NOUN
ftr-485	358	6	"	"	PUNCT
ftr-485	358	7	does	do	AUX
ftr-485	358	8	not	not	PART
ftr-485	358	9	include	include	VERB
ftr-485	358	10	interest	interest	NOUN
ftr-485	358	11	"	"	PUNCT
ftr-485	358	12	received	receive	VERB
ftr-485	358	13	by	by	ADP
ftr-485	358	14	a	a	DET
ftr-485	358	15	bank	bank	NOUN
ftr-485	358	16	on	on	ADP
ftr-485	358	17	an	an	DET
ftr-485	358	18	extension	extension	NOUN
ftr-485	358	19	of	of	ADP
ftr-485	358	20	credit	credit	NOUN
ftr-485	358	21	made	make	VERB
ftr-485	358	22	pursuant	pursuant	ADJ
ftr-485	358	23	to	to	ADP
ftr-485	358	24	a	a	DET
ftr-485	358	25	loan	loan	NOUN
ftr-485	358	26	agreement	agreement	NOUN
ftr-485	358	27	entered	enter	VERB
ftr-485	358	28	into	into	ADP
ftr-485	358	29	in	in	ADP
ftr-485	358	30	the	the	DET
ftr-485	358	31	ordinary	ordinary	ADJ
ftr-485	358	32	course	course	NOUN
ftr-485	358	33	of	of	ADP
ftr-485	358	34	its	its	PRON
ftr-485	358	35	trade	trade	NOUN
ftr-485	358	36	or	or	CCONJ
ftr-485	358	37	business	business	NOUN
ftr-485	358	38	.	.	PUNCT
ftr-485	359	1	"59	"59	PROPN
ftr-485	360	1	since	since	SCONJ
ftr-485	360	2	a	a	DET
ftr-485	360	3	recharacterized	recharacterize	VERB
ftr-485	360	4	nonperiodic	nonperiodic	ADJ
ftr-485	360	5	payment	payment	NOUN
ftr-485	360	6	is	be	AUX
ftr-485	360	7	deemed	deem	VERB
ftr-485	360	8	by	by	ADP
ftr-485	360	9	the	the	DET
ftr-485	360	10	irs	irs	PROPN
ftr-485	360	11	to	to	PART
ftr-485	360	12	contain	contain	VERB
ftr-485	360	13	a	a	DET
ftr-485	360	14	loan	loan	NOUN
ftr-485	360	15	,	,	PUNCT
ftr-485	360	16	it	it	PRON
ftr-485	360	17	is	be	AUX
ftr-485	360	18	likely	likely	ADJ
ftr-485	360	19	that	that	SCONJ
ftr-485	360	20	foreign	foreign	ADJ
ftr-485	360	21	banks	bank	NOUN
ftr-485	360	22	which	which	PRON
ftr-485	360	23	are	be	AUX
ftr-485	360	24	active	active	ADJ
ftr-485	360	25	swap	swap	NOUN
ftr-485	360	26	dealers	dealer	NOUN
ftr-485	360	27	can	can	AUX
ftr-485	360	28	not	not	PART
ftr-485	360	29	use	use	VERB
ftr-485	360	30	the	the	DET
ftr-485	360	31	portfolio	portfolio	NOUN
ftr-485	360	32	interest	interest	NOUN
ftr-485	360	33	exemption	exemption	NOUN
ftr-485	360	34	.	.	PUNCT
ftr-485	361	1	an	an	DET
ftr-485	361	2	informal	informal	ADJ
ftr-485	361	3	survey	survey	NOUN
ftr-485	361	4	of	of	ADP
ftr-485	361	5	the	the	DET
ftr-485	361	6	leading	lead	VERB
ftr-485	361	7	non	non	ADJ
ftr-485	361	8	-	-	ADJ
ftr-485	361	9	u.s	u.s	PROPN
ftr-485	361	10	.	.	PROPN
ftr-485	361	11	bank	bank	PROPN
ftr-485	361	12	swap	swap	NOUN
ftr-485	361	13	dealers	dealer	NOUN
ftr-485	361	14	indicates	indicate	VERB
ftr-485	361	15	that	that	SCONJ
ftr-485	361	16	many	many	ADJ
ftr-485	361	17	of	of	ADP
ftr-485	361	18	them	they	PRON
ftr-485	361	19	have	have	AUX
ftr-485	361	20	established	establish	VERB
ftr-485	361	21	specially	specially	ADV
ftr-485	361	22	-	-	PUNCT
ftr-485	361	23	designed	design	VERB
ftr-485	361	24	affiliated	affiliated	ADJ
ftr-485	361	25	entities	entity	NOUN
ftr-485	361	26	,	,	PUNCT
ftr-485	361	27	in	in	ADP
ftr-485	361	28	jurisdictions	jurisdiction	NOUN
ftr-485	361	29	with	with	ADP
ftr-485	361	30	suitable	suitable	ADJ
ftr-485	361	31	domestic	domestic	ADJ
ftr-485	361	32	policies	policy	NOUN
ftr-485	361	33	and	and	CCONJ
ftr-485	361	34	treaty	treaty	NOUN
ftr-485	361	35	relationships	relationship	NOUN
ftr-485	361	36	to	to	ADP
ftr-485	361	37	the	the	DET
ftr-485	361	38	united	united	PROPN
ftr-485	361	39	states	states	PROPN
ftr-485	361	40	,	,	PUNCT
ftr-485	361	41	to	to	PART
ftr-485	361	42	avoid	avoid	VERB
ftr-485	361	43	withholding	withhold	VERB
ftr-485	361	44	tax	tax	NOUN
ftr-485	361	45	requirements	requirement	NOUN
ftr-485	361	46	on	on	ADP
ftr-485	361	47	swaps	swap	NOUN
ftr-485	361	48	and	and	CCONJ
ftr-485	361	49	other	other	ADJ
ftr-485	361	50	derivatives.6	derivatives.6	PROPN
ftr-485	361	51	56	56	NUM
ftr-485	361	52	.	.	PUNCT
ftr-485	362	1	withholding	withholding	NOUN
ftr-485	362	2	is	be	AUX
ftr-485	362	3	discussed	discuss	VERB
ftr-485	362	4	at	at	ADP
ftr-485	362	5	length	length	NOUN
ftr-485	362	6	infra	infra	NOUN
ftr-485	362	7	part	part	NOUN
ftr-485	362	8	iv.b	iv.b	PROPN
ftr-485	362	9	.	.	PUNCT
ftr-485	363	1	for	for	SCONJ
ftr-485	363	2	the	the	DET
ftr-485	363	3	portfolio	portfolio	NOUN
ftr-485	363	4	interest	interest	NOUN
ftr-485	363	5	requirement	requirement	NOUN
ftr-485	363	6	to	to	PART
ftr-485	363	7	apply	apply	VERB
ftr-485	363	8	,	,	PUNCT
ftr-485	363	9	the	the	DET
ftr-485	363	10	u.s	u.s	PROPN
ftr-485	363	11	.	.	PROPN
ftr-485	363	12	counterparty	counterparty	PROPN
ftr-485	363	13	must	must	AUX
ftr-485	363	14	receive	receive	VERB
ftr-485	363	15	a	a	DET
ftr-485	363	16	signed	sign	VERB
ftr-485	363	17	irs	irs	PROPN
ftr-485	363	18	form	form	NOUN
ftr-485	363	19	w-8	w-8	PRON
ftr-485	363	20	from	from	ADP
ftr-485	363	21	the	the	DET
ftr-485	363	22	foreign	foreign	ADJ
ftr-485	363	23	counterparty	counterparty	NOUN
ftr-485	363	24	.	.	PUNCT
ftr-485	364	1	regs	regs	PROPN
ftr-485	364	2	.	.	PUNCT
ftr-485	365	1	§	§	PROPN
ftr-485	365	2	35a.9999	35a.9999	PROPN
ftr-485	365	3	-	-	SYM
ftr-485	365	4	5(b	5(b	NUM
ftr-485	365	5	)	)	PUNCT
ftr-485	365	6	,	,	PUNCT
ftr-485	365	7	q	q	PROPN
ftr-485	365	8	&	&	CCONJ
ftr-485	365	9	a	a	DET
ftr-485	365	10	9	9	NUM
ftr-485	365	11	.	.	NOUN
ftr-485	365	12	57	57	NUM
ftr-485	365	13	.	.	PUNCT
ftr-485	366	1	aquilino	aquilino	PROPN
ftr-485	366	2	&	&	CCONJ
ftr-485	366	3	conlon	conlon	PROPN
ftr-485	366	4	letter	letter	NOUN
ftr-485	366	5	,	,	PUNCT
ftr-485	366	6	supra	supra	PROPN
ftr-485	366	7	note	note	NOUN
ftr-485	366	8	54	54	NUM
ftr-485	366	9	,	,	PUNCT
ftr-485	366	10	at	at	ADP
ftr-485	366	11	4	4	NUM
ftr-485	366	12	.	.	X
ftr-485	366	13	58	58	NUM
ftr-485	366	14	.	.	PUNCT
ftr-485	367	1	see	see	VERB
ftr-485	367	2	sean	sean	PROPN
ftr-485	367	3	becketti	becketti	PROPN
ftr-485	367	4	,	,	PUNCT
ftr-485	367	5	are	be	AUX
ftr-485	367	6	derivatives	derivative	NOUN
ftr-485	367	7	too	too	ADV
ftr-485	367	8	risky	risky	ADJ
ftr-485	367	9	for	for	ADP
ftr-485	367	10	banks	bank	NOUN
ftr-485	367	11	?	?	PUNCT
ftr-485	367	12	,	,	PUNCT
ftr-485	367	13	econ	econ	PROPN
ftr-485	367	14	.	.	PUNCT
ftr-485	368	1	rev	rev	PROPN
ftr-485	368	2	.	.	PROPN
ftr-485	369	1	fed	fed	PROPN
ftr-485	369	2	.	.	PUNCT
ftr-485	370	1	reserve	reserve	PROPN
ftr-485	370	2	bank	bank	PROPN
ftr-485	370	3	kansas	kansas	PROPN
ftr-485	370	4	city	city	PROPN
ftr-485	370	5	,	,	PUNCT
ftr-485	370	6	third	third	ADJ
ftr-485	370	7	quarter	quarter	NOUN
ftr-485	370	8	1993	1993	NUM
ftr-485	370	9	,	,	PUNCT
ftr-485	370	10	at	at	ADP
ftr-485	370	11	27	27	NUM
ftr-485	370	12	(	(	PUNCT
ftr-485	370	13	detailing	detail	VERB
ftr-485	370	14	the	the	DET
ftr-485	370	15	significant	significant	ADJ
ftr-485	370	16	use	use	NOUN
ftr-485	370	17	of	of	ADP
ftr-485	370	18	derivatives	derivative	NOUN
ftr-485	370	19	,	,	PUNCT
ftr-485	370	20	and	and	CCONJ
ftr-485	370	21	of	of	ADP
ftr-485	370	22	interest	interest	NOUN
ftr-485	370	23	rate	rate	NOUN
ftr-485	370	24	swaps	swap	NOUN
ftr-485	370	25	in	in	ADP
ftr-485	370	26	particular	particular	ADJ
ftr-485	370	27	,	,	PUNCT
ftr-485	370	28	by	by	ADP
ftr-485	370	29	banks	bank	NOUN
ftr-485	370	30	)	)	PUNCT
ftr-485	370	31	.	.	PUNCT
ftr-485	371	1	this	this	DET
ftr-485	371	2	article	article	NOUN
ftr-485	371	3	states	state	VERB
ftr-485	371	4	that	that	SCONJ
ftr-485	371	5	in	in	ADP
ftr-485	371	6	1992	1992	NUM
ftr-485	371	7	,	,	PUNCT
ftr-485	371	8	the	the	DET
ftr-485	371	9	notional	notional	ADJ
ftr-485	371	10	value	value	NOUN
ftr-485	371	11	of	of	ADP
ftr-485	371	12	bank	bank	NOUN
ftr-485	371	13	holdings	holding	NOUN
ftr-485	371	14	of	of	ADP
ftr-485	371	15	derivatives	derivative	NOUN
ftr-485	371	16	was	be	AUX
ftr-485	371	17	$	$	SYM
ftr-485	371	18	8.6	8.6	NUM
ftr-485	371	19	trillion	trillion	NUM
ftr-485	371	20	and	and	CCONJ
ftr-485	371	21	growing	grow	VERB
ftr-485	371	22	.	.	PUNCT
ftr-485	372	1	i	i	PRON
ftr-485	372	2	d.	d.	PROPN
ftr-485	372	3	at	at	ADP
ftr-485	372	4	33	33	NUM
ftr-485	372	5	.	.	PUNCT
ftr-485	373	1	another	another	DET
ftr-485	373	2	measure	measure	NOUN
ftr-485	373	3	used	use	VERB
ftr-485	373	4	was	be	AUX
ftr-485	373	5	the	the	DET
ftr-485	373	6	replacement	replacement	NOUN
ftr-485	373	7	cost	cost	NOUN
ftr-485	373	8	of	of	ADP
ftr-485	373	9	their	their	PRON
ftr-485	373	10	holdings	holding	NOUN
ftr-485	373	11	,	,	PUNCT
ftr-485	373	12	which	which	PRON
ftr-485	373	13	is	be	AUX
ftr-485	373	14	an	an	DET
ftr-485	373	15	estimate	estimate	NOUN
ftr-485	373	16	of	of	ADP
ftr-485	373	17	the	the	DET
ftr-485	373	18	real	real	ADJ
ftr-485	373	19	economic	economic	ADJ
ftr-485	373	20	value	value	NOUN
ftr-485	373	21	of	of	ADP
ftr-485	373	22	the	the	DET
ftr-485	373	23	derivatives	derivative	NOUN
ftr-485	373	24	held	hold	VERB
ftr-485	373	25	.	.	PUNCT
ftr-485	374	1	i	i	PRON
ftr-485	374	2	d.	d.	PROPN
ftr-485	374	3	in	in	ADP
ftr-485	374	4	1992	1992	NUM
ftr-485	374	5	,	,	PUNCT
ftr-485	374	6	this	this	DET
ftr-485	374	7	cost	cost	NOUN
ftr-485	374	8	was	be	AUX
ftr-485	374	9	$	$	SYM
ftr-485	374	10	150	150	NUM
ftr-485	374	11	billion	billion	NUM
ftr-485	374	12	for	for	ADP
ftr-485	374	13	bank	bank	NOUN
ftr-485	374	14	holdings	holding	NOUN
ftr-485	374	15	of	of	ADP
ftr-485	374	16	interest	interest	NOUN
ftr-485	374	17	rate	rate	NOUN
ftr-485	374	18	and	and	CCONJ
ftr-485	374	19	foreign	foreign	ADJ
ftr-485	374	20	exchange	exchange	NOUN
ftr-485	374	21	derivatives	derivative	NOUN
ftr-485	374	22	.	.	PUNCT
ftr-485	375	1	i	i	PRON
ftr-485	375	2	d.	d.	PROPN
ftr-485	375	3	banks	bank	NOUN
ftr-485	375	4	are	be	AUX
ftr-485	375	5	well	well	ADV
ftr-485	375	6	suited	suited	ADJ
ftr-485	375	7	to	to	PART
ftr-485	375	8	serve	serve	VERB
ftr-485	375	9	as	as	ADP
ftr-485	375	10	counterparties	counterpartie	NOUN
ftr-485	375	11	because	because	SCONJ
ftr-485	375	12	they	they	PRON
ftr-485	375	13	are	be	AUX
ftr-485	375	14	readily	readily	ADV
ftr-485	375	15	able	able	ADJ
ftr-485	375	16	to	to	PART
ftr-485	375	17	address	address	VERB
ftr-485	375	18	the	the	DET
ftr-485	375	19	important	important	ADJ
ftr-485	375	20	element	element	NOUN
ftr-485	375	21	of	of	ADP
ftr-485	375	22	counterparty	counterparty	PROPN
ftr-485	375	23	creditworthiness	creditworthiness	NOUN
ftr-485	375	24	:	:	PUNCT
ftr-485	375	25	bank	bank	NOUN
ftr-485	375	26	creditworthiness	creditworthiness	PROPN
ftr-485	375	27	is	be	AUX
ftr-485	375	28	well	well	ADV
ftr-485	375	29	known	know	VERB
ftr-485	375	30	,	,	PUNCT
ftr-485	375	31	and	and	CCONJ
ftr-485	375	32	evaluating	evaluate	VERB
ftr-485	375	33	the	the	DET
ftr-485	375	34	credit	credit	NOUN
ftr-485	375	35	of	of	ADP
ftr-485	375	36	others	other	NOUN
ftr-485	375	37	is	be	AUX
ftr-485	375	38	an	an	DET
ftr-485	375	39	essential	essential	ADJ
ftr-485	375	40	aspect	aspect	NOUN
ftr-485	375	41	of	of	ADP
ftr-485	375	42	their	their	PRON
ftr-485	375	43	business	business	NOUN
ftr-485	375	44	.	.	PUNCT
ftr-485	376	1	banks	bank	NOUN
ftr-485	376	2	thus	thus	ADV
ftr-485	376	3	play	play	VERB
ftr-485	376	4	an	an	DET
ftr-485	376	5	important	important	ADJ
ftr-485	376	6	role	role	NOUN
ftr-485	376	7	in	in	ADP
ftr-485	376	8	achieving	achieve	VERB
ftr-485	376	9	liquidity	liquidity	NOUN
ftr-485	376	10	in	in	ADP
ftr-485	376	11	swap	swap	NOUN
ftr-485	376	12	markets	market	NOUN
ftr-485	376	13	by	by	ADP
ftr-485	376	14	serving	serve	VERB
ftr-485	376	15	as	as	ADP
ftr-485	376	16	intermediaries	intermediary	NOUN
ftr-485	376	17	,	,	PUNCT
ftr-485	376	18	generally	generally	ADV
ftr-485	376	19	as	as	ADP
ftr-485	376	20	a	a	DET
ftr-485	376	21	counterparty	counterparty	NOUN
ftr-485	376	22	.	.	PUNCT
ftr-485	377	1	banks	bank	NOUN
ftr-485	377	2	also	also	ADV
ftr-485	377	3	use	use	VERB
ftr-485	377	4	interest	interest	NOUN
ftr-485	377	5	rate	rate	NOUN
ftr-485	377	6	swaps	swap	NOUN
ftr-485	377	7	to	to	PART
ftr-485	377	8	hedge	hedge	VERB
ftr-485	377	9	their	their	PRON
ftr-485	377	10	own	own	ADJ
ftr-485	377	11	risks	risk	NOUN
ftr-485	377	12	as	as	ADP
ftr-485	377	13	endusers	enduser	NOUN
ftr-485	377	14	.	.	PUNCT
ftr-485	378	1	i	i	PRON
ftr-485	378	2	d.	d.	PROPN
ftr-485	378	3	at	at	ADP
ftr-485	378	4	32	32	NUM
ftr-485	378	5	.	.	PUNCT
ftr-485	379	1	for	for	ADP
ftr-485	379	2	further	further	ADJ
ftr-485	379	3	discussion	discussion	NOUN
ftr-485	379	4	,	,	PUNCT
ftr-485	379	5	see	see	VERB
ftr-485	379	6	board	board	NOUN
ftr-485	379	7	of	of	ADP
ftr-485	379	8	governors	governor	NOUN
ftr-485	379	9	of	of	ADP
ftr-485	379	10	the	the	DET
ftr-485	379	11	federal	federal	PROPN
ftr-485	379	12	reserve	reserve	PROPN
ftr-485	379	13	system	system	NOUN
ftr-485	379	14	,	,	PUNCT
ftr-485	379	15	federal	federal	ADJ
ftr-485	379	16	deposit	deposit	NOUN
ftr-485	379	17	insurance	insurance	NOUN
ftr-485	379	18	corporation	corporation	NOUN
ftr-485	379	19	,	,	PUNCT
ftr-485	379	20	and	and	CCONJ
ftr-485	379	21	office	office	NOUN
ftr-485	379	22	of	of	ADP
ftr-485	379	23	the	the	DET
ftr-485	379	24	comptroller	comptroller	NOUN
ftr-485	379	25	of	of	ADP
ftr-485	379	26	the	the	DET
ftr-485	379	27	currency	currency	NOUN
ftr-485	379	28	,	,	PUNCT
ftr-485	379	29	derivative	derivative	ADJ
ftr-485	379	30	product	product	NOUN
ftr-485	379	31	activity	activity	NOUN
ftr-485	379	32	of	of	ADP
ftr-485	379	33	commercial	commercial	ADJ
ftr-485	379	34	banks	bank	NOUN
ftr-485	379	35	(	(	PUNCT
ftr-485	379	36	1993	1993	NUM
ftr-485	379	37	)	)	PUNCT
ftr-485	379	38	.	.	PUNCT
ftr-485	380	1	59	59	NUM
ftr-485	380	2	.	.	PUNCT
ftr-485	380	3	irc	irc	PROPN
ftr-485	380	4	§	§	PROPN
ftr-485	380	5	881(c)(3)(a	881(c)(3)(a	PROPN
ftr-485	380	6	)	)	PUNCT
ftr-485	380	7	.	.	PUNCT
ftr-485	381	1	60	60	NUM
ftr-485	381	2	.	.	PUNCT
ftr-485	382	1	priv	priv	PROPN
ftr-485	382	2	.	.	PUNCT
ftr-485	383	1	let	let	VERB
ftr-485	383	2	.	.	PUNCT
ftr-485	384	1	rul	rul	NOUN
ftr-485	384	2	.	.	PUNCT
ftr-485	385	1	9421027	9421027	NUM
ftr-485	385	2	(	(	PUNCT
ftr-485	385	3	feb	feb	X
ftr-485	385	4	.	.	PROPN
ftr-485	385	5	24	24	NUM
ftr-485	385	6	,	,	PUNCT
ftr-485	385	7	1994	1994	NUM
ftr-485	385	8	)	)	PUNCT
ftr-485	385	9	involves	involve	VERB
ftr-485	385	10	a	a	DET
ftr-485	385	11	case	case	NOUN
ftr-485	385	12	that	that	PRON
ftr-485	385	13	is	be	AUX
ftr-485	385	14	basically	basically	ADV
ftr-485	385	15	identical	identical	ADJ
ftr-485	385	16	factually	factually	ADV
ftr-485	385	17	to	to	ADP
ftr-485	385	18	the	the	DET
ftr-485	385	19	one	one	NOUN
ftr-485	385	20	followed	follow	VERB
ftr-485	385	21	in	in	ADP
ftr-485	385	22	this	this	DET
ftr-485	385	23	article	article	NOUN
ftr-485	385	24	.	.	PUNCT
ftr-485	386	1	a	a	DET
ftr-485	386	2	foreign	foreign	ADJ
ftr-485	386	3	bank	bank	NOUN
ftr-485	386	4	was	be	AUX
ftr-485	386	5	attempting	attempt	VERB
ftr-485	386	6	to	to	PART
ftr-485	386	7	secure	secure	VERB
ftr-485	386	8	a	a	DET
ftr-485	386	9	reduced	reduce	VERB
ftr-485	386	10	withholding	withholding	NOUN
ftr-485	386	11	rate	rate	NOUN
ftr-485	386	12	under	under	ADP
ftr-485	386	13	a	a	DET
ftr-485	386	14	particular	particular	ADJ
ftr-485	386	15	tax	tax	NOUN
ftr-485	386	16	treaty	treaty	NOUN
ftr-485	386	17	for	for	ADP
ftr-485	386	18	the	the	DET
ftr-485	386	19	interest	interest	NOUN
ftr-485	386	20	resulting	result	VERB
ftr-485	386	21	from	from	ADP
ftr-485	386	22	a	a	DET
ftr-485	386	23	significant	significant	ADJ
ftr-485	386	24	nonperiodic	nonperiodic	ADJ
ftr-485	386	25	payment	payment	NOUN
ftr-485	386	26	that	that	PRON
ftr-485	386	27	it	it	PRON
ftr-485	386	28	made	make	VERB
ftr-485	386	29	to	to	ADP
ftr-485	386	30	a	a	DET
ftr-485	386	31	u.s	u.s	PROPN
ftr-485	386	32	.	.	PROPN
ftr-485	386	33	counterparty	counterparty	PROPN
ftr-485	386	34	.	.	PUNCT
ftr-485	387	1	while	while	SCONJ
ftr-485	387	2	the	the	DET
ftr-485	387	3	issue	issue	NOUN
ftr-485	387	4	in	in	ADP
ftr-485	387	5	the	the	DET
ftr-485	387	6	letter	letter	NOUN
ftr-485	387	7	ruling	ruling	NOUN
ftr-485	387	8	was	be	AUX
ftr-485	387	9	that	that	PRON
ftr-485	387	10	of	of	ADP
ftr-485	387	11	residence	residence	NOUN
ftr-485	387	12	under	under	ADP
ftr-485	387	13	the	the	DET
ftr-485	387	14	treaty	treaty	NOUN
ftr-485	387	15	,	,	PUNCT
ftr-485	387	16	it	it	PRON
ftr-485	387	17	underscores	underscore	VERB
ftr-485	387	18	the	the	DET
ftr-485	387	19	importance	importance	NOUN
ftr-485	387	20	of	of	ADP
ftr-485	387	21	the	the	DET
ftr-485	387	22	treaty	treaty	NOUN
ftr-485	387	23	issues	issue	NOUN
ftr-485	387	24	discussed	discuss	VERB
ftr-485	387	25	infra	infra	NOUN
ftr-485	387	26	part	part	NOUN
ftr-485	387	27	vii	vii	PROPN
ftr-485	387	28	and	and	CCONJ
ftr-485	387	29	provides	provide	VERB
ftr-485	387	30	a	a	DET
ftr-485	387	31	concrete	concrete	ADJ
ftr-485	387	32	example	example	NOUN
ftr-485	387	33	of	of	ADP
ftr-485	387	34	this	this	DET
ftr-485	387	35	situation	situation	NOUN
ftr-485	387	36	.	.	PUNCT
ftr-485	388	1	[	[	X
ftr-485	388	2	vol	vol	NOUN
ftr-485	388	3	2:11	2:11	NUM
ftr-485	388	4	the	the	DET
ftr-485	388	5	recharacterization	recharacterization	NOUN
ftr-485	388	6	of	of	ADP
ftr-485	388	7	cross	cross	ADJ
ftr-485	388	8	-	-	ADJ
ftr-485	388	9	border	border	ADJ
ftr-485	388	10	interest	interest	NOUN
ftr-485	388	11	rate	rate	NOUN
ftr-485	388	12	swaps	swap	NOUN
ftr-485	388	13	to	to	PART
ftr-485	388	14	recapitulate	recapitulate	VERB
ftr-485	388	15	,	,	PUNCT
ftr-485	388	16	the	the	DET
ftr-485	388	17	portfolio	portfolio	NOUN
ftr-485	388	18	interest	interest	NOUN
ftr-485	388	19	exemption	exemption	NOUN
ftr-485	388	20	is	be	AUX
ftr-485	388	21	not	not	PART
ftr-485	388	22	a	a	DET
ftr-485	388	23	uniformly	uniformly	ADV
ftr-485	388	24	effective	effective	ADJ
ftr-485	388	25	method	method	NOUN
ftr-485	388	26	of	of	ADP
ftr-485	388	27	eliminating	eliminate	VERB
ftr-485	388	28	withholding	withholding	NOUN
ftr-485	388	29	on	on	ADP
ftr-485	388	30	interest	interest	NOUN
ftr-485	388	31	payments	payment	NOUN
ftr-485	388	32	under	under	ADP
ftr-485	388	33	embedded	embed	VERB
ftr-485	388	34	loans	loan	NOUN
ftr-485	388	35	.	.	PUNCT
ftr-485	389	1	b.	b.	PROPN
ftr-485	389	2	withholding	withhold	VERB
ftr-485	389	3	withholding	withholding	NOUN
ftr-485	389	4	is	be	AUX
ftr-485	389	5	the	the	DET
ftr-485	389	6	means	mean	NOUN
ftr-485	389	7	used	use	VERB
ftr-485	389	8	to	to	PART
ftr-485	389	9	collect	collect	VERB
ftr-485	389	10	tax	tax	NOUN
ftr-485	389	11	on	on	ADP
ftr-485	389	12	foreign	foreign	ADJ
ftr-485	389	13	taxpayers	taxpayer	NOUN
ftr-485	389	14	'	'	PART
ftr-485	389	15	nonbusiness	nonbusiness	ADJ
ftr-485	389	16	income	income	NOUN
ftr-485	389	17	from	from	ADP
ftr-485	389	18	u.s	u.s	PROPN
ftr-485	389	19	.	.	PROPN
ftr-485	389	20	sources.6	sources.6	PROPN
ftr-485	389	21	unless	unless	SCONJ
ftr-485	389	22	exempted	exempt	VERB
ftr-485	389	23	by	by	ADP
ftr-485	389	24	treaty	treaty	NOUN
ftr-485	389	25	or	or	CCONJ
ftr-485	389	26	the	the	DET
ftr-485	389	27	portfolio	portfolio	NOUN
ftr-485	389	28	interest	interest	NOUN
ftr-485	389	29	rule	rule	NOUN
ftr-485	389	30	,	,	PUNCT
ftr-485	389	31	u.s	u.s	PROPN
ftr-485	389	32	.	.	PROPN
ftr-485	389	33	source	source	NOUN
ftr-485	389	34	interest	interest	NOUN
ftr-485	389	35	income	income	NOUN
ftr-485	389	36	is	be	AUX
ftr-485	389	37	subject	subject	ADJ
ftr-485	389	38	to	to	ADP
ftr-485	389	39	the	the	DET
ftr-485	389	40	withholding	withholding	NOUN
ftr-485	389	41	tax,62	tax,62	NOUN
ftr-485	389	42	and	and	CCONJ
ftr-485	389	43	since	since	SCONJ
ftr-485	389	44	the	the	DET
ftr-485	389	45	time	time	NOUN
ftr-485	389	46	value	value	NOUN
ftr-485	389	47	component	component	NOUN
ftr-485	389	48	of	of	ADP
ftr-485	389	49	the	the	DET
ftr-485	389	50	embedded	embed	VERB
ftr-485	389	51	loan	loan	NOUN
ftr-485	389	52	is	be	AUX
ftr-485	389	53	"	"	PUNCT
ftr-485	389	54	interest	interest	NOUN
ftr-485	389	55	"	"	PUNCT
ftr-485	389	56	for	for	ADP
ftr-485	389	57	all	all	DET
ftr-485	389	58	purposes,63	purposes,63	NOUN
ftr-485	389	59	the	the	DET
ftr-485	389	60	"	"	PUNCT
ftr-485	389	61	interest	interest	NOUN
ftr-485	389	62	"	"	PUNCT
ftr-485	389	63	payments	payment	NOUN
ftr-485	389	64	from	from	ADP
ftr-485	389	65	u.s	u.s	PROPN
ftr-485	389	66	.	.	PROPN
ftr-485	389	67	counterparty	counterparty	PROPN
ftr-485	389	68	n	n	CCONJ
ftr-485	389	69	to	to	ADP
ftr-485	389	70	foreign	foreign	ADJ
ftr-485	389	71	counterparty	counterparty	NOUN
ftr-485	389	72	m	m	VERB
ftr-485	389	73	may	may	AUX
ftr-485	389	74	be	be	AUX
ftr-485	389	75	subject	subject	ADJ
ftr-485	389	76	to	to	ADP
ftr-485	389	77	withholding	withholding	NOUN
ftr-485	389	78	.	.	PUNCT
ftr-485	390	1	in	in	ADP
ftr-485	390	2	every	every	DET
ftr-485	390	3	swap	swap	NOUN
ftr-485	390	4	with	with	ADP
ftr-485	390	5	a	a	DET
ftr-485	390	6	nonperiodic	nonperiodic	ADJ
ftr-485	390	7	payment	payment	NOUN
ftr-485	390	8	greater	great	ADJ
ftr-485	390	9	than	than	ADP
ftr-485	390	10	9.1	9.1	NUM
ftr-485	390	11	%	%	NOUN
ftr-485	390	12	of	of	ADP
ftr-485	390	13	the	the	DET
ftr-485	390	14	present	present	ADJ
ftr-485	390	15	value	value	NOUN
ftr-485	390	16	of	of	ADP
ftr-485	390	17	the	the	DET
ftr-485	390	18	total	total	ADJ
ftr-485	390	19	fixed	fix	VERB
ftr-485	390	20	payments	payment	NOUN
ftr-485	390	21	due	due	ADJ
ftr-485	390	22	under	under	ADP
ftr-485	390	23	the	the	DET
ftr-485	390	24	swap	swap	NOUN
ftr-485	390	25	,	,	PUNCT
ftr-485	390	26	then	then	ADV
ftr-485	390	27	,	,	PUNCT
ftr-485	390	28	n	n	PRON
ftr-485	390	29	may	may	AUX
ftr-485	390	30	be	be	AUX
ftr-485	390	31	required	require	VERB
ftr-485	390	32	to	to	PART
ftr-485	390	33	withhold	withhold	VERB
ftr-485	390	34	tax	tax	NOUN
ftr-485	390	35	on	on	ADP
ftr-485	390	36	deemed	deem	VERB
ftr-485	390	37	interest	interest	NOUN
ftr-485	390	38	payments	payment	NOUN
ftr-485	390	39	to	to	PART
ftr-485	390	40	m.	m.	VERB
ftr-485	390	41	the	the	DET
ftr-485	390	42	obligation	obligation	NOUN
ftr-485	390	43	to	to	PART
ftr-485	390	44	withhold	withhold	VERB
ftr-485	390	45	is	be	AUX
ftr-485	390	46	imposed	impose	VERB
ftr-485	390	47	on	on	ADP
ftr-485	390	48	all	all	DET
ftr-485	390	49	persons	person	NOUN
ftr-485	390	50	"	"	PUNCT
ftr-485	390	51	having	have	VERB
ftr-485	390	52	the	the	DET
ftr-485	390	53	control	control	NOUN
ftr-485	390	54	"	"	PUNCT
ftr-485	390	55	of	of	ADP
ftr-485	390	56	such	such	ADJ
ftr-485	390	57	payments	payment	NOUN
ftr-485	390	58	.	.	PUNCT
ftr-485	390	59	'	'	PUNCT
ftr-485	391	1	the	the	DET
ftr-485	391	2	term	term	NOUN
ftr-485	391	3	"	"	PUNCT
ftr-485	391	4	persons	person	NOUN
ftr-485	391	5	"	"	PUNCT
ftr-485	391	6	is	be	AUX
ftr-485	391	7	not	not	PART
ftr-485	391	8	limited	limit	VERB
ftr-485	391	9	to	to	ADP
ftr-485	391	10	individuals	individual	NOUN
ftr-485	391	11	,	,	PUNCT
ftr-485	391	12	but	but	CCONJ
ftr-485	391	13	includes	include	VERB
ftr-485	391	14	all	all	DET
ftr-485	391	15	types	type	NOUN
ftr-485	391	16	of	of	ADP
ftr-485	391	17	entities.65	entities.65	PROPN
ftr-485	391	18	n	n	PART
ftr-485	391	19	has	have	VERB
ftr-485	391	20	the	the	DET
ftr-485	391	21	requisite	requisite	ADJ
ftr-485	391	22	control	control	NOUN
ftr-485	391	23	of	of	ADP
ftr-485	391	24	m	m	PROPN
ftr-485	391	25	's	's	PART
ftr-485	391	26	income	income	NOUN
ftr-485	391	27	under	under	ADP
ftr-485	391	28	the	the	DET
ftr-485	391	29	swap	swap	NOUN
ftr-485	391	30	and	and	CCONJ
ftr-485	391	31	is	be	AUX
ftr-485	391	32	therefore	therefore	ADV
ftr-485	391	33	the	the	DET
ftr-485	391	34	"	"	PUNCT
ftr-485	391	35	withholding	withholding	NOUN
ftr-485	391	36	agent	agent	NOUN
ftr-485	391	37	.	.	PUNCT
ftr-485	391	38	'	'	PUNCT
ftr-485	392	1	"	"	PUNCT
ftr-485	392	2	as	as	ADP
ftr-485	392	3	such	such	ADJ
ftr-485	392	4	,	,	PUNCT
ftr-485	392	5	n	n	PRON
ftr-485	392	6	is	be	AUX
ftr-485	392	7	liable	liable	ADJ
ftr-485	392	8	for	for	ADP
ftr-485	392	9	the	the	DET
ftr-485	392	10	u.s	u.s	PROPN
ftr-485	392	11	.	.	PROPN
ftr-485	392	12	withholding	withholding	NOUN
ftr-485	392	13	tax	tax	NOUN
ftr-485	392	14	of	of	ADP
ftr-485	392	15	m	m	AUX
ftr-485	392	16	arising	arise	VERB
ftr-485	392	17	from	from	ADP
ftr-485	392	18	the	the	DET
ftr-485	392	19	interest	interest	NOUN
ftr-485	392	20	on	on	ADP
ftr-485	392	21	the	the	DET
ftr-485	392	22	embedded	embed	VERB
ftr-485	392	23	loan.67	loan.67	NOUN
ftr-485	392	24	if	if	SCONJ
ftr-485	392	25	n	n	PRON
ftr-485	392	26	does	do	AUX
ftr-485	392	27	not	not	PART
ftr-485	392	28	withhold	withhold	VERB
ftr-485	392	29	,	,	PUNCT
ftr-485	392	30	it	it	PRON
ftr-485	392	31	is	be	AUX
ftr-485	392	32	liable	liable	ADJ
ftr-485	392	33	for	for	ADP
ftr-485	392	34	the	the	DET
ftr-485	392	35	full	full	ADJ
ftr-485	392	36	amount	amount	NOUN
ftr-485	392	37	of	of	ADP
ftr-485	392	38	the	the	DET
ftr-485	392	39	tax	tax	NOUN
ftr-485	392	40	that	that	SCONJ
ftr-485	392	41	it	it	PRON
ftr-485	392	42	should	should	AUX
ftr-485	392	43	have	have	AUX
ftr-485	392	44	withheld	withhold	VERB
ftr-485	392	45	.	.	PUNCT
ftr-485	392	46	'	'	PUNCT
ftr-485	393	1	s	s	PRON
ftr-485	393	2	if	if	SCONJ
ftr-485	393	3	m	m	PROPN
ftr-485	393	4	,	,	PUNCT
ftr-485	393	5	in	in	ADP
ftr-485	393	6	a	a	DET
ftr-485	393	7	generous	generous	ADJ
ftr-485	393	8	mood	mood	NOUN
ftr-485	393	9	,	,	PUNCT
ftr-485	393	10	later	later	ADV
ftr-485	393	11	pays	pay	VERB
ftr-485	393	12	the	the	DET
ftr-485	393	13	tax	tax	NOUN
ftr-485	393	14	,	,	PUNCT
ftr-485	393	15	the	the	DET
ftr-485	393	16	agent	agent	NOUN
ftr-485	393	17	is	be	AUX
ftr-485	393	18	only	only	ADV
ftr-485	393	19	liable	liable	ADJ
ftr-485	393	20	for	for	ADP
ftr-485	393	21	interest	interest	NOUN
ftr-485	393	22	on	on	ADP
ftr-485	393	23	the	the	DET
ftr-485	393	24	delayed	delay	VERB
ftr-485	393	25	payments	payment	NOUN
ftr-485	393	26	.	.	PUNCT
ftr-485	394	1	civil	civil	ADJ
ftr-485	394	2	penalties69	penalties69	NOUN
ftr-485	394	3	and	and	CCONJ
ftr-485	394	4	accuracy	accuracy	NOUN
ftr-485	394	5	-	-	PUNCT
ftr-485	394	6	related	relate	VERB
ftr-485	394	7	and	and	CCONJ
ftr-485	394	8	fraud	fraud	NOUN
ftr-485	394	9	penalties	penalty	NOUN
ftr-485	394	10	"	"	PUNCT
ftr-485	394	11	may	may	AUX
ftr-485	394	12	also	also	ADV
ftr-485	394	13	apply	apply	VERB
ftr-485	394	14	if	if	SCONJ
ftr-485	394	15	n	n	PRON
ftr-485	394	16	fails	fail	VERB
ftr-485	394	17	to	to	ADP
ftr-485	394	18	withhold.7	withhold.7	NOUN
ftr-485	394	19	'	'	PART
ftr-485	394	20	61	61	NUM
ftr-485	394	21	.	.	PUNCT
ftr-485	394	22	sections	section	NOUN
ftr-485	394	23	1441	1441	NUM
ftr-485	394	24	and	and	CCONJ
ftr-485	394	25	1442	1442	NUM
ftr-485	394	26	require	require	VERB
ftr-485	394	27	withholding	withholding	NOUN
ftr-485	394	28	from	from	ADP
ftr-485	394	29	specified	specified	ADJ
ftr-485	394	30	payments	payment	NOUN
ftr-485	394	31	to	to	PART
ftr-485	394	32	nonresident	nonresident	VERB
ftr-485	394	33	aliens	alien	NOUN
ftr-485	394	34	(	(	PUNCT
ftr-485	394	35	including	include	VERB
ftr-485	394	36	foreign	foreign	ADJ
ftr-485	394	37	partnerships	partnership	NOUN
ftr-485	394	38	)	)	PUNCT
ftr-485	394	39	and	and	CCONJ
ftr-485	394	40	foreign	foreign	ADJ
ftr-485	394	41	corporations	corporation	NOUN
ftr-485	394	42	.	.	PUNCT
ftr-485	395	1	for	for	ADP
ftr-485	395	2	a	a	DET
ftr-485	395	3	detailed	detailed	ADJ
ftr-485	395	4	discussion	discussion	NOUN
ftr-485	395	5	of	of	ADP
ftr-485	395	6	u.s	u.s	PROPN
ftr-485	395	7	.	.	PROPN
ftr-485	395	8	withholding	withholding	NOUN
ftr-485	395	9	requirements	requirement	NOUN
ftr-485	395	10	,	,	PUNCT
ftr-485	395	11	see	see	VERB
ftr-485	395	12	michael	michael	PROPN
ftr-485	395	13	rosenberg	rosenberg	PROPN
ftr-485	395	14	.	.	PUNCT
ftr-485	396	1	the	the	DET
ftr-485	396	2	u.s	u.s	PROPN
ftr-485	396	3	.	.	PROPN
ftr-485	396	4	international	international	ADJ
ftr-485	396	5	tax	tax	NOUN
ftr-485	396	6	withholding	withholding	NOUN
ftr-485	396	7	nightmare	nightmare	NOUN
ftr-485	396	8	,	,	PUNCT
ftr-485	396	9	tax	tax	NOUN
ftr-485	396	10	plan	plan	NOUN
ftr-485	396	11	.	.	PUNCT
ftr-485	397	1	int'l	int'l	PROPN
ftr-485	397	2	rev	rev	VERB
ftr-485	397	3	.	.	PROPN
ftr-485	397	4	,	,	PUNCT
ftr-485	397	5	apr	apr	PROPN
ftr-485	397	6	.	.	PROPN
ftr-485	397	7	1995	1995	NUM
ftr-485	397	8	,	,	PUNCT
ftr-485	397	9	at	at	ADP
ftr-485	397	10	3	3	NUM
ftr-485	397	11	.	.	NOUN
ftr-485	397	12	62	62	NUM
ftr-485	397	13	.	.	PUNCT
ftr-485	398	1	irc	irc	PROPN
ftr-485	398	2	§	§	PROPN
ftr-485	398	3	§	§	PROPN
ftr-485	398	4	1441(b	1441(b	NOUN
ftr-485	398	5	)	)	PUNCT
ftr-485	398	6	,	,	PUNCT
ftr-485	398	7	1442(a	1442(a	NUM
ftr-485	398	8	)	)	PUNCT
ftr-485	398	9	.	.	PUNCT
ftr-485	399	1	more	more	ADV
ftr-485	399	2	broadly	broadly	ADV
ftr-485	399	3	,	,	PUNCT
ftr-485	399	4	these	these	DET
ftr-485	399	5	provisions	provision	NOUN
ftr-485	399	6	also	also	ADV
ftr-485	399	7	require	require	VERB
ftr-485	399	8	withholding	withhold	VERB
ftr-485	399	9	on	on	ADP
ftr-485	399	10	"	"	PUNCT
ftr-485	399	11	fixed	fix	VERB
ftr-485	399	12	or	or	CCONJ
ftr-485	399	13	determinable	determinable	VERB
ftr-485	399	14	annual	annual	ADJ
ftr-485	399	15	or	or	CCONJ
ftr-485	399	16	periodical	periodical	ADJ
ftr-485	399	17	gains	gain	NOUN
ftr-485	399	18	.	.	PUNCT
ftr-485	399	19	"	"	PUNCT
ftr-485	400	1	irc	irc	ADV
ftr-485	400	2	§	§	PROPN
ftr-485	400	3	1441(b	1441(b	PROPN
ftr-485	400	4	)	)	PUNCT
ftr-485	400	5	.	.	PUNCT
ftr-485	401	1	63	63	NUM
ftr-485	401	2	.	.	PUNCT
ftr-485	401	3	regs	regs	PROPN
ftr-485	401	4	.	.	PUNCT
ftr-485	402	1	§	§	PROPN
ftr-485	402	2	1.446	1.446	NUM
ftr-485	402	3	-	-	SYM
ftr-485	402	4	3(g)(4	3(g)(4	NUM
ftr-485	402	5	)	)	PUNCT
ftr-485	402	6	.	.	PUNCT
ftr-485	403	1	64	64	NUM
ftr-485	403	2	.	.	PUNCT
ftr-485	404	1	irc	irc	PROPN
ftr-485	404	2	§	§	PROPN
ftr-485	404	3	§	§	PROPN
ftr-485	404	4	1441(a	1441(a	NUM
ftr-485	404	5	)	)	PUNCT
ftr-485	404	6	,	,	PUNCT
ftr-485	404	7	1442	1442	NUM
ftr-485	404	8	.	.	PUNCT
ftr-485	405	1	withholding	withholding	NOUN
ftr-485	405	2	may	may	AUX
ftr-485	405	3	be	be	AUX
ftr-485	405	4	reduced	reduce	VERB
ftr-485	405	5	or	or	CCONJ
ftr-485	405	6	eliminated	eliminate	VERB
ftr-485	405	7	by	by	ADP
ftr-485	405	8	treaty	treaty	NOUN
ftr-485	405	9	.	.	PUNCT
ftr-485	406	1	regs	regs	PROPN
ftr-485	406	2	.	.	PUNCT
ftr-485	407	1	§	§	PROPN
ftr-485	407	2	1.1441	1.1441	NUM
ftr-485	407	3	-	-	PUNCT
ftr-485	407	4	6(a	6(a	NUM
ftr-485	407	5	)	)	PUNCT
ftr-485	407	6	.	.	PUNCT
ftr-485	408	1	see	see	VERB
ftr-485	408	2	infra	infra	NOUN
ftr-485	408	3	part	part	NOUN
ftr-485	408	4	vii	vii	PROPN
ftr-485	408	5	for	for	ADP
ftr-485	408	6	a	a	DET
ftr-485	408	7	discussion	discussion	NOUN
ftr-485	408	8	of	of	ADP
ftr-485	408	9	tax	tax	NOUN
ftr-485	408	10	treaties	treaty	NOUN
ftr-485	408	11	.	.	PUNCT
ftr-485	409	1	65	65	NUM
ftr-485	409	2	.	.	PUNCT
ftr-485	410	1	van	van	PROPN
ftr-485	410	2	iderstine	iderstine	PROPN
ftr-485	410	3	v.	v.	PROPN
ftr-485	410	4	commissioner	commissioner	PROPN
ftr-485	410	5	,	,	PUNCT
ftr-485	410	6	24	24	NUM
ftr-485	410	7	b.t.a	b.t.a	NOUN
ftr-485	410	8	.	.	PROPN
ftr-485	410	9	291	291	NUM
ftr-485	410	10	,	,	PUNCT
ftr-485	410	11	296	296	NUM
ftr-485	410	12	(	(	PUNCT
ftr-485	410	13	1931	1931	NUM
ftr-485	410	14	)	)	PUNCT
ftr-485	410	15	.	.	PUNCT
ftr-485	411	1	66	66	NUM
ftr-485	411	2	.	.	PUNCT
ftr-485	412	1	"	"	PUNCT
ftr-485	412	2	withholding	withhold	VERB
ftr-485	412	3	agent	agent	NOUN
ftr-485	412	4	"	"	PUNCT
ftr-485	412	5	is	be	AUX
ftr-485	412	6	defined	define	VERB
ftr-485	412	7	in	in	ADP
ftr-485	412	8	§	§	PROPN
ftr-485	412	9	7701(a)(16	7701(a)(16	NUM
ftr-485	412	10	)	)	PUNCT
ftr-485	412	11	and	and	CCONJ
ftr-485	412	12	regs	reg	NOUN
ftr-485	412	13	.	.	PUNCT
ftr-485	413	1	§	§	PROPN
ftr-485	413	2	1.1441	1.1441	NUM
ftr-485	413	3	-	-	PUNCT
ftr-485	413	4	7(a	7(a	NUM
ftr-485	413	5	)	)	PUNCT
ftr-485	413	6	.	.	PUNCT
ftr-485	414	1	67	67	NUM
ftr-485	414	2	.	.	PUNCT
ftr-485	415	1	the	the	DET
ftr-485	415	2	withholding	withhold	VERB
ftr-485	415	3	agent	agent	NOUN
ftr-485	415	4	"	"	PUNCT
ftr-485	415	5	inherits	inherit	VERB
ftr-485	415	6	virtually	virtually	ADV
ftr-485	415	7	all	all	DET
ftr-485	415	8	the	the	DET
ftr-485	415	9	tax	tax	NOUN
ftr-485	415	10	obligations	obligation	NOUN
ftr-485	415	11	and	and	CCONJ
ftr-485	415	12	liabilities	liability	NOUN
ftr-485	415	13	of	of	ADP
ftr-485	415	14	the	the	DET
ftr-485	415	15	ultimate	ultimate	ADJ
ftr-485	415	16	taxpayer	taxpayer	NOUN
ftr-485	415	17	.	.	PUNCT
ftr-485	415	18	"	"	PUNCT
ftr-485	416	1	1	1	NUM
ftr-485	416	2	joseph	joseph	PROPN
ftr-485	416	3	isenbergh	isenbergh	PROPN
ftr-485	416	4	,	,	PUNCT
ftr-485	416	5	international	international	ADJ
ftr-485	416	6	taxation	taxation	NOUN
ftr-485	416	7	'	'	NOUN
ftr-485	416	8	1	1	NUM
ftr-485	416	9	14.2	14.2	NUM
ftr-485	416	10	,	,	PUNCT
ftr-485	416	11	at	at	ADP
ftr-485	416	12	415	415	NUM
ftr-485	416	13	(	(	PUNCT
ftr-485	416	14	1990	1990	NUM
ftr-485	416	15	)	)	PUNCT
ftr-485	416	16	.	.	PUNCT
ftr-485	417	1	see	see	VERB
ftr-485	417	2	also	also	ADV
ftr-485	417	3	david	david	PROPN
ftr-485	417	4	i.	i.	PROPN
ftr-485	417	5	kempler	kempler	PROPN
ftr-485	417	6	,	,	PUNCT
ftr-485	417	7	dilemmas	dilemma	NOUN
ftr-485	417	8	of	of	ADP
ftr-485	417	9	a	a	DET
ftr-485	417	10	withholding	withholding	NOUN
ftr-485	417	11	agent	agent	NOUN
ftr-485	417	12	:	:	PUNCT
ftr-485	417	13	united	united	PROPN
ftr-485	417	14	states	states	PROPN
ftr-485	417	15	tax	tax	PROPN
ftr-485	417	16	mgmt	mgmt	PROPN
ftr-485	417	17	.	.	PUNCT
ftr-485	418	1	int'l	int'l	PROPN
ftr-485	418	2	f.	f.	PROPN
ftr-485	418	3	,	,	PUNCT
ftr-485	418	4	june	june	PROPN
ftr-485	418	5	1995	1995	NUM
ftr-485	418	6	,	,	PUNCT
ftr-485	418	7	at	at	ADP
ftr-485	418	8	47	47	NUM
ftr-485	418	9	(	(	PUNCT
ftr-485	418	10	addressing	address	VERB
ftr-485	418	11	this	this	DET
ftr-485	418	12	issue	issue	NOUN
ftr-485	418	13	under	under	ADP
ftr-485	418	14	the	the	DET
ftr-485	418	15	laws	law	NOUN
ftr-485	418	16	of	of	ADP
ftr-485	418	17	the	the	DET
ftr-485	418	18	united	united	PROPN
ftr-485	418	19	states	states	PROPN
ftr-485	418	20	)	)	PUNCT
ftr-485	418	21	.	.	PUNCT
ftr-485	419	1	68	68	NUM
ftr-485	419	2	.	.	PUNCT
ftr-485	420	1	irc	irc	PROPN
ftr-485	420	2	§	§	PROPN
ftr-485	420	3	1463	1463	NUM
ftr-485	420	4	;	;	PUNCT
ftr-485	420	5	regs	reg	NOUN
ftr-485	420	6	.	.	PUNCT
ftr-485	421	1	§	§	PROPN
ftr-485	421	2	1.1441	1.1441	NUM
ftr-485	421	3	-	-	PUNCT
ftr-485	421	4	7(b)(2	7(b)(2	NUM
ftr-485	421	5	)	)	PUNCT
ftr-485	421	6	.	.	PUNCT
ftr-485	422	1	69	69	NUM
ftr-485	422	2	.	.	PUNCT
ftr-485	423	1	irc	irc	PROPN
ftr-485	423	2	§	§	PROPN
ftr-485	423	3	6672	6672	NUM
ftr-485	423	4	;	;	PUNCT
ftr-485	423	5	regs	reg	NOUN
ftr-485	423	6	.	.	PUNCT
ftr-485	424	1	§	§	PROPN
ftr-485	424	2	301.6672	301.6672	NUM
ftr-485	424	3	-	-	PUNCT
ftr-485	424	4	i.	i.	NOUN
ftr-485	424	5	70	70	NUM
ftr-485	424	6	.	.	PUNCT
ftr-485	425	1	irc	irc	PROPN
ftr-485	425	2	§	§	PROPN
ftr-485	425	3	§	§	PROPN
ftr-485	425	4	6662	6662	NUM
ftr-485	425	5	,	,	PUNCT
ftr-485	425	6	6663	6663	NUM
ftr-485	425	7	.	.	PUNCT
ftr-485	426	1	71	71	NUM
ftr-485	426	2	.	.	PUNCT
ftr-485	426	3	withholding	withholding	NOUN
ftr-485	426	4	agents	agent	NOUN
ftr-485	426	5	are	be	AUX
ftr-485	426	6	required	require	VERB
ftr-485	426	7	to	to	PART
ftr-485	426	8	file	file	VERB
ftr-485	426	9	forms	form	NOUN
ftr-485	426	10	1042	1042	NUM
ftr-485	426	11	and	and	CCONJ
ftr-485	426	12	1042s	1042s	NUM
ftr-485	426	13	for	for	ADP
ftr-485	426	14	income	income	NOUN
ftr-485	426	15	subject	subject	ADJ
ftr-485	426	16	to	to	ADP
ftr-485	426	17	withholding	withholding	NOUN
ftr-485	426	18	.	.	PUNCT
ftr-485	427	1	regs	reg	NOUN
ftr-485	427	2	.	.	PUNCT
ftr-485	428	1	§	§	PROPN
ftr-485	428	2	1.1461	1.1461	NUM
ftr-485	428	3	-	-	SYM
ftr-485	428	4	2(b	2(b	NUM
ftr-485	428	5	)	)	PUNCT
ftr-485	428	6	,	,	PUNCT
ftr-485	428	7	(	(	PUNCT
ftr-485	428	8	c	c	NOUN
ftr-485	428	9	)	)	PUNCT
ftr-485	428	10	.	.	PUNCT
ftr-485	429	1	if	if	SCONJ
ftr-485	429	2	the	the	DET
ftr-485	429	3	agent	agent	NOUN
ftr-485	429	4	has	have	AUX
ftr-485	429	5	not	not	PART
ftr-485	429	6	withheld	withhold	VERB
ftr-485	429	7	,	,	PUNCT
ftr-485	429	8	it	it	PRON
ftr-485	429	9	must	must	AUX
ftr-485	429	10	cite	cite	VERB
ftr-485	429	11	the	the	DET
ftr-485	429	12	19951	19951	NUM
ftr-485	429	13	florida	florida	PROPN
ftr-485	429	14	tax	tax	PROPN
ftr-485	429	15	review	review	NOUN
ftr-485	429	16	a	a	DET
ftr-485	429	17	withholding	withhold	VERB
ftr-485	429	18	agent	agent	NOUN
ftr-485	429	19	fails	fail	VERB
ftr-485	429	20	to	to	PART
ftr-485	429	21	withhold	withhold	VERB
ftr-485	429	22	at	at	ADP
ftr-485	429	23	its	its	PRON
ftr-485	429	24	own	own	ADJ
ftr-485	429	25	risk	risk	NOUN
ftr-485	429	26	.	.	PUNCT
ftr-485	430	1	to	to	PART
ftr-485	430	2	be	be	AUX
ftr-485	430	3	certain	certain	ADJ
ftr-485	430	4	to	to	PART
ftr-485	430	5	avoid	avoid	VERB
ftr-485	430	6	liability	liability	NOUN
ftr-485	430	7	for	for	ADP
ftr-485	430	8	failure	failure	NOUN
ftr-485	430	9	to	to	PART
ftr-485	430	10	withhold	withhold	VERB
ftr-485	430	11	,	,	PUNCT
ftr-485	430	12	u.s	u.s	PROPN
ftr-485	430	13	.	.	PROPN
ftr-485	430	14	counterparty	counterparty	PROPN
ftr-485	430	15	n	n	PROPN
ftr-485	430	16	should	should	AUX
ftr-485	430	17	withhold	withhold	VERB
ftr-485	430	18	on	on	ADP
ftr-485	430	19	every	every	DET
ftr-485	430	20	swap	swap	NOUN
ftr-485	430	21	-	-	PUNCT
ftr-485	430	22	related	relate	VERB
ftr-485	430	23	payment	payment	NOUN
ftr-485	430	24	made	make	VERB
ftr-485	430	25	to	to	ADP
ftr-485	430	26	foreign	foreign	ADJ
ftr-485	430	27	counterparty	counterparty	NOUN
ftr-485	430	28	m	m	NOUN
ftr-485	430	29	if	if	SCONJ
ftr-485	430	30	the	the	DET
ftr-485	430	31	swap	swap	NOUN
ftr-485	430	32	entails	entail	VERB
ftr-485	430	33	a	a	DET
ftr-485	430	34	nonperiodic	nonperiodic	ADJ
ftr-485	430	35	payment	payment	NOUN
ftr-485	430	36	greater	great	ADJ
ftr-485	430	37	than	than	ADP
ftr-485	430	38	9.1	9.1	NUM
ftr-485	430	39	%	%	NOUN
ftr-485	430	40	of	of	ADP
ftr-485	430	41	the	the	DET
ftr-485	430	42	present	present	ADJ
ftr-485	430	43	value	value	NOUN
ftr-485	430	44	of	of	ADP
ftr-485	430	45	the	the	DET
ftr-485	430	46	fixed	fix	VERB
ftr-485	430	47	payments	payment	NOUN
ftr-485	430	48	,	,	PUNCT
ftr-485	430	49	as	as	SCONJ
ftr-485	430	50	every	every	DET
ftr-485	430	51	such	such	ADJ
ftr-485	430	52	swap	swap	NOUN
ftr-485	430	53	-	-	PUNCT
ftr-485	430	54	related	relate	VERB
ftr-485	430	55	payment	payment	NOUN
ftr-485	430	56	could	could	AUX
ftr-485	430	57	be	be	AUX
ftr-485	430	58	seen	see	VERB
ftr-485	430	59	as	as	ADP
ftr-485	430	60	containing	contain	VERB
ftr-485	430	61	interest	interest	NOUN
ftr-485	430	62	if	if	SCONJ
ftr-485	430	63	the	the	DET
ftr-485	430	64	nonperiodic	nonperiodic	ADJ
ftr-485	430	65	payment	payment	NOUN
ftr-485	430	66	is	be	AUX
ftr-485	430	67	recharacterized	recharacterize	VERB
ftr-485	430	68	.	.	PUNCT
ftr-485	431	1	this	this	DET
ftr-485	431	2	precaution	precaution	NOUN
ftr-485	431	3	may	may	AUX
ftr-485	431	4	turn	turn	VERB
ftr-485	431	5	out	out	ADP
ftr-485	431	6	not	not	PART
ftr-485	431	7	to	to	PART
ftr-485	431	8	have	have	AUX
ftr-485	431	9	been	be	AUX
ftr-485	431	10	necessary	necessary	ADJ
ftr-485	431	11	if	if	SCONJ
ftr-485	431	12	the	the	DET
ftr-485	431	13	swap	swap	NOUN
ftr-485	431	14	is	be	AUX
ftr-485	431	15	not	not	PART
ftr-485	431	16	recharacterized	recharacterize	VERB
ftr-485	431	17	.	.	PUNCT
ftr-485	432	1	further	far	ADV
ftr-485	432	2	,	,	PUNCT
ftr-485	432	3	it	it	PRON
ftr-485	432	4	may	may	AUX
ftr-485	432	5	diminish	diminish	VERB
ftr-485	432	6	m	m	PROPN
ftr-485	432	7	's	's	PART
ftr-485	432	8	return	return	NOUN
ftr-485	432	9	on	on	ADP
ftr-485	432	10	the	the	DET
ftr-485	432	11	swap	swap	NOUN
ftr-485	432	12	,	,	PUNCT
ftr-485	432	13	and	and	CCONJ
ftr-485	432	14	if	if	SCONJ
ftr-485	432	15	so	so	ADV
ftr-485	432	16	,	,	PUNCT
ftr-485	432	17	it	it	PRON
ftr-485	432	18	may	may	AUX
ftr-485	432	19	adversely	adversely	ADV
ftr-485	432	20	impact	impact	VERB
ftr-485	432	21	the	the	DET
ftr-485	432	22	relationship	relationship	NOUN
ftr-485	432	23	between	between	ADP
ftr-485	432	24	m	m	PROPN
ftr-485	432	25	and	and	CCONJ
ftr-485	432	26	n	n	PROPN
ftr-485	432	27	and	and	CCONJ
ftr-485	432	28	perhaps	perhaps	ADV
ftr-485	432	29	m	m	PROPN
ftr-485	432	30	's	's	PART
ftr-485	432	31	attitude	attitude	NOUN
ftr-485	432	32	towards	towards	ADP
ftr-485	432	33	future	future	ADJ
ftr-485	432	34	off	off	ADP
ftr-485	432	35	-	-	PUNCT
ftr-485	432	36	market	market	NOUN
ftr-485	432	37	swaps	swap	NOUN
ftr-485	432	38	with	with	ADP
ftr-485	432	39	u.s	u.s	PROPN
ftr-485	432	40	.	.	PROPN
ftr-485	432	41	counterparties	counterpartie	NOUN
ftr-485	432	42	.	.	PUNCT
ftr-485	433	1	many	many	ADJ
ftr-485	433	2	swap	swap	NOUN
ftr-485	433	3	contracts	contract	NOUN
ftr-485	433	4	,	,	PUNCT
ftr-485	433	5	including	include	VERB
ftr-485	433	6	ones	one	NOUN
ftr-485	433	7	based	base	VERB
ftr-485	433	8	on	on	ADP
ftr-485	433	9	the	the	DET
ftr-485	433	10	international	international	ADJ
ftr-485	433	11	swap	swap	NOUN
ftr-485	433	12	dealers	dealer	NOUN
ftr-485	433	13	association	association	PROPN
ftr-485	433	14	(	(	PUNCT
ftr-485	433	15	isda	isda	PROPN
ftr-485	433	16	)	)	PUNCT
ftr-485	433	17	model	model	NOUN
ftr-485	433	18	,	,	PUNCT
ftr-485	433	19	contain	contain	VERB
ftr-485	433	20	a	a	DET
ftr-485	433	21	"	"	PUNCT
ftr-485	433	22	gross	gross	ADJ
ftr-485	433	23	-	-	PUNCT
ftr-485	433	24	up	up	ADP
ftr-485	433	25	"	"	PUNCT
ftr-485	433	26	clause	clause	NOUN
ftr-485	433	27	,	,	PUNCT
ftr-485	433	28	which	which	PRON
ftr-485	433	29	requires	require	VERB
ftr-485	433	30	the	the	DET
ftr-485	433	31	counterparty	counterparty	NOUN
ftr-485	433	32	making	make	VERB
ftr-485	433	33	an	an	DET
ftr-485	433	34	income	income	NOUN
ftr-485	433	35	payment	payment	NOUN
ftr-485	433	36	(	(	PUNCT
ftr-485	433	37	n	n	CCONJ
ftr-485	433	38	in	in	ADP
ftr-485	433	39	the	the	DET
ftr-485	433	40	example	example	NOUN
ftr-485	433	41	)	)	PUNCT
ftr-485	433	42	to	to	PART
ftr-485	433	43	pay	pay	VERB
ftr-485	433	44	the	the	DET
ftr-485	433	45	full	full	ADJ
ftr-485	433	46	amount	amount	NOUN
ftr-485	433	47	owed	owe	VERB
ftr-485	433	48	to	to	ADP
ftr-485	433	49	the	the	DET
ftr-485	433	50	payee	payee	NOUN
ftr-485	433	51	without	without	ADP
ftr-485	433	52	reduction	reduction	NOUN
ftr-485	433	53	for	for	ADP
ftr-485	433	54	any	any	DET
ftr-485	433	55	withholding	withholding	NOUN
ftr-485	433	56	taxes	taxis	NOUN
ftr-485	433	57	.	.	PUNCT
ftr-485	434	1	the	the	DET
ftr-485	434	2	income	income	NOUN
ftr-485	434	3	payor	payor	NOUN
ftr-485	434	4	must	must	AUX
ftr-485	434	5	pay	pay	VERB
ftr-485	434	6	the	the	DET
ftr-485	434	7	tax	tax	NOUN
ftr-485	434	8	from	from	ADP
ftr-485	434	9	its	its	PRON
ftr-485	434	10	own	own	ADJ
ftr-485	434	11	funds	fund	NOUN
ftr-485	434	12	.	.	PUNCT
ftr-485	435	1	because	because	SCONJ
ftr-485	435	2	a	a	DET
ftr-485	435	3	gross	gross	ADJ
ftr-485	435	4	-	-	PUNCT
ftr-485	435	5	up	up	ADP
ftr-485	435	6	clause	clause	NOUN
ftr-485	435	7	shifts	shift	NOUN
ftr-485	435	8	the	the	DET
ftr-485	435	9	economic	economic	ADJ
ftr-485	435	10	cost	cost	NOUN
ftr-485	435	11	of	of	ADP
ftr-485	435	12	the	the	DET
ftr-485	435	13	withholding	withholding	NOUN
ftr-485	435	14	tax	tax	NOUN
ftr-485	435	15	from	from	ADP
ftr-485	435	16	the	the	DET
ftr-485	435	17	payee	payee	NOUN
ftr-485	435	18	to	to	ADP
ftr-485	435	19	the	the	DET
ftr-485	435	20	payor	payor	NOUN
ftr-485	435	21	,	,	PUNCT
ftr-485	435	22	n	n	PRON
ftr-485	435	23	should	should	AUX
ftr-485	435	24	take	take	VERB
ftr-485	435	25	its	its	PRON
ftr-485	435	26	higher	high	ADJ
ftr-485	435	27	costs	cost	NOUN
ftr-485	435	28	into	into	ADP
ftr-485	435	29	account	account	NOUN
ftr-485	435	30	when	when	SCONJ
ftr-485	435	31	negotiating	negotiate	VERB
ftr-485	435	32	the	the	DET
ftr-485	435	33	terms	term	NOUN
ftr-485	435	34	of	of	ADP
ftr-485	435	35	the	the	DET
ftr-485	435	36	swap	swap	NOUN
ftr-485	435	37	contract	contract	NOUN
ftr-485	435	38	.	.	PUNCT
ftr-485	436	1	in	in	ADP
ftr-485	436	2	addition	addition	NOUN
ftr-485	436	3	,	,	PUNCT
ftr-485	436	4	since	since	SCONJ
ftr-485	436	5	n	n	PRON
ftr-485	436	6	bears	bear	VERB
ftr-485	436	7	the	the	DET
ftr-485	436	8	cost	cost	NOUN
ftr-485	436	9	of	of	ADP
ftr-485	436	10	withholding	withholding	NOUN
ftr-485	436	11	,	,	PUNCT
ftr-485	436	12	it	it	PRON
ftr-485	436	13	may	may	AUX
ftr-485	436	14	also	also	ADV
ftr-485	436	15	want	want	VERB
ftr-485	436	16	to	to	PART
ftr-485	436	17	limit	limit	VERB
ftr-485	436	18	the	the	DET
ftr-485	436	19	transferability	transferability	NOUN
ftr-485	436	20	of	of	ADP
ftr-485	436	21	m	m	PROPN
ftr-485	436	22	's	's	PART
ftr-485	436	23	rights	right	NOUN
ftr-485	436	24	and	and	CCONJ
ftr-485	436	25	obligations	obligation	NOUN
ftr-485	436	26	under	under	ADP
ftr-485	436	27	the	the	DET
ftr-485	436	28	swap	swap	NOUN
ftr-485	436	29	in	in	ADP
ftr-485	436	30	order	order	NOUN
ftr-485	436	31	to	to	PART
ftr-485	436	32	control	control	VERB
ftr-485	436	33	its	its	PRON
ftr-485	436	34	withholding	withholding	NOUN
ftr-485	436	35	liability	liability	NOUN
ftr-485	436	36	,	,	PUNCT
ftr-485	436	37	as	as	SCONJ
ftr-485	436	38	the	the	DET
ftr-485	436	39	isda	isda	PROPN
ftr-485	436	40	model	model	PROPN
ftr-485	436	41	contract	contract	NOUN
ftr-485	436	42	does	do	VERB
ftr-485	436	43	.	.	PUNCT
ftr-485	437	1	this	this	PRON
ftr-485	437	2	has	have	VERB
ftr-485	437	3	the	the	DET
ftr-485	437	4	consequence	consequence	NOUN
ftr-485	437	5	of	of	ADP
ftr-485	437	6	limiting	limit	VERB
ftr-485	437	7	the	the	DET
ftr-485	437	8	available	available	ADJ
ftr-485	437	9	counterparties	counterpartie	NOUN
ftr-485	437	10	and	and	CCONJ
ftr-485	437	11	potential	potential	ADJ
ftr-485	437	12	transferees	transferee	NOUN
ftr-485	437	13	,	,	PUNCT
ftr-485	437	14	burdening	burden	VERB
ftr-485	437	15	the	the	DET
ftr-485	437	16	efficient	efficient	ADJ
ftr-485	437	17	functioning	functioning	NOUN
ftr-485	437	18	of	of	ADP
ftr-485	437	19	cross	cross	ADJ
ftr-485	437	20	-	-	ADJ
ftr-485	437	21	border	border	ADJ
ftr-485	437	22	financing	financing	NOUN
ftr-485	437	23	.	.	PUNCT
ftr-485	438	1	because	because	SCONJ
ftr-485	438	2	of	of	ADP
ftr-485	438	3	the	the	DET
ftr-485	438	4	tax	tax	NOUN
ftr-485	438	5	consequences	consequence	NOUN
ftr-485	438	6	,	,	PUNCT
ftr-485	438	7	otherwise	otherwise	ADV
ftr-485	438	8	promising	promise	VERB
ftr-485	438	9	swaps	swap	NOUN
ftr-485	438	10	may	may	AUX
ftr-485	438	11	be	be	AUX
ftr-485	438	12	foregone	foregone	NOUN
ftr-485	438	13	,	,	PUNCT
ftr-485	438	14	costs	cost	NOUN
ftr-485	438	15	to	to	ADP
ftr-485	438	16	the	the	DET
ftr-485	438	17	parties	party	NOUN
ftr-485	438	18	may	may	AUX
ftr-485	438	19	be	be	AUX
ftr-485	438	20	increased	increase	VERB
ftr-485	438	21	,	,	PUNCT
ftr-485	438	22	or	or	CCONJ
ftr-485	438	23	n	n	PRON
ftr-485	438	24	may	may	AUX
ftr-485	438	25	use	use	VERB
ftr-485	438	26	an	an	DET
ftr-485	438	27	offshore	offshore	ADJ
ftr-485	438	28	subsidiary	subsidiary	NOUN
ftr-485	438	29	located	locate	VERB
ftr-485	438	30	in	in	ADP
ftr-485	438	31	a	a	DET
ftr-485	438	32	country	country	NOUN
ftr-485	438	33	with	with	ADP
ftr-485	438	34	a	a	DET
ftr-485	438	35	more	more	ADV
ftr-485	438	36	favorable	favorable	ADJ
ftr-485	438	37	interest	interest	NOUN
ftr-485	438	38	taxation	taxation	NOUN
ftr-485	438	39	regime	regime	NOUN
ftr-485	438	40	to	to	PART
ftr-485	438	41	conclude	conclude	VERB
ftr-485	438	42	the	the	DET
ftr-485	438	43	contract	contract	NOUN
ftr-485	438	44	.	.	PUNCT
ftr-485	439	1	v.	v.	ADP
ftr-485	439	2	time	time	NOUN
ftr-485	439	3	value	value	NOUN
ftr-485	439	4	determination	determination	NOUN
ftr-485	439	5	for	for	ADP
ftr-485	439	6	a	a	DET
ftr-485	439	7	swap	swap	NOUN
ftr-485	439	8	counterparty	counterparty	NOUN
ftr-485	439	9	liable	liable	ADJ
ftr-485	439	10	to	to	PART
ftr-485	439	11	withhold	withhold	VERB
ftr-485	439	12	30	30	NUM
ftr-485	439	13	%	%	NOUN
ftr-485	439	14	or	or	CCONJ
ftr-485	439	15	a	a	DET
ftr-485	439	16	treaty	treaty	NOUN
ftr-485	439	17	-	-	PUNCT
ftr-485	439	18	stipulated	stipulate	VERB
ftr-485	439	19	reduced	reduce	VERB
ftr-485	439	20	percentage	percentage	NOUN
ftr-485	439	21	of	of	ADP
ftr-485	439	22	an	an	DET
ftr-485	439	23	interest	interest	NOUN
ftr-485	439	24	payment	payment	NOUN
ftr-485	439	25	,	,	PUNCT
ftr-485	439	26	the	the	DET
ftr-485	439	27	critical	critical	ADJ
ftr-485	439	28	question	question	NOUN
ftr-485	439	29	is	be	AUX
ftr-485	439	30	,	,	PUNCT
ftr-485	439	31	how	how	SCONJ
ftr-485	439	32	much	much	ADJ
ftr-485	439	33	is	be	AUX
ftr-485	439	34	the	the	DET
ftr-485	439	35	interest	interest	NOUN
ftr-485	439	36	?	?	PUNCT
ftr-485	440	1	the	the	DET
ftr-485	440	2	initial	initial	ADJ
ftr-485	440	3	problem	problem	NOUN
ftr-485	440	4	is	be	AUX
ftr-485	440	5	that	that	SCONJ
ftr-485	440	6	there	there	PRON
ftr-485	440	7	are	be	VERB
ftr-485	440	8	only	only	ADV
ftr-485	440	9	"	"	PUNCT
ftr-485	440	10	deemed	deem	VERB
ftr-485	440	11	installment	installment	NOUN
ftr-485	440	12	payments	payment	NOUN
ftr-485	440	13	"	"	PUNCT
ftr-485	440	14	of	of	ADP
ftr-485	440	15	interest	interest	NOUN
ftr-485	440	16	;	;	PUNCT
ftr-485	440	17	"	"	PUNCT
ftr-485	440	18	none	none	NOUN
ftr-485	440	19	of	of	ADP
ftr-485	440	20	the	the	DET
ftr-485	440	21	cash	cash	NOUN
ftr-485	440	22	payments	payment	NOUN
ftr-485	440	23	is	be	AUX
ftr-485	440	24	designated	designate	VERB
ftr-485	440	25	in	in	ADP
ftr-485	440	26	the	the	DET
ftr-485	440	27	swap	swap	NOUN
ftr-485	440	28	contract	contract	NOUN
ftr-485	440	29	as	as	ADP
ftr-485	440	30	"	"	PUNCT
ftr-485	440	31	interest	interest	NOUN
ftr-485	440	32	.	.	PUNCT
ftr-485	440	33	"	"	PUNCT
ftr-485	441	1	the	the	DET
ftr-485	441	2	only	only	ADJ
ftr-485	441	3	money	money	NOUN
ftr-485	441	4	changing	change	VERB
ftr-485	441	5	hands	hand	NOUN
ftr-485	441	6	is	be	AUX
ftr-485	441	7	that	that	SCONJ
ftr-485	441	8	owed	owe	VERB
ftr-485	441	9	by	by	ADP
ftr-485	441	10	one	one	NUM
ftr-485	441	11	counterparty	counterparty	NOUN
ftr-485	441	12	to	to	ADP
ftr-485	441	13	the	the	DET
ftr-485	441	14	other	other	ADJ
ftr-485	441	15	on	on	ADP
ftr-485	441	16	account	account	NOUN
ftr-485	441	17	of	of	ADP
ftr-485	441	18	the	the	DET
ftr-485	441	19	market	market	NOUN
ftr-485	441	20	interest	interest	NOUN
ftr-485	441	21	rate	rate	NOUN
ftr-485	441	22	movement	movement	NOUN
ftr-485	441	23	.	.	PUNCT
ftr-485	442	1	thus	thus	ADV
ftr-485	442	2	,	,	PUNCT
ftr-485	442	3	the	the	DET
ftr-485	442	4	"	"	PUNCT
ftr-485	442	5	interest	interest	NOUN
ftr-485	442	6	"	"	PUNCT
ftr-485	442	7	is	be	AUX
ftr-485	442	8	a	a	DET
ftr-485	442	9	part	part	NOUN
ftr-485	442	10	of	of	ADP
ftr-485	442	11	the	the	DET
ftr-485	442	12	swap	swap	NOUN
ftr-485	442	13	payments	payment	NOUN
ftr-485	442	14	.	.	PUNCT
ftr-485	443	1	the	the	DET
ftr-485	443	2	regulations	regulation	NOUN
ftr-485	443	3	'	'	PART
ftr-485	443	4	explanation	explanation	NOUN
ftr-485	443	5	of	of	ADP
ftr-485	443	6	the	the	DET
ftr-485	443	7	example	example	NOUN
ftr-485	443	8	presents	present	VERB
ftr-485	443	9	the	the	DET
ftr-485	443	10	following	follow	VERB
ftr-485	443	11	amortization	amortization	NOUN
ftr-485	443	12	schedule	schedule	NOUN
ftr-485	443	13	to	to	PART
ftr-485	443	14	be	be	AUX
ftr-485	443	15	used	use	VERB
ftr-485	443	16	to	to	PART
ftr-485	443	17	account	account	VERB
ftr-485	443	18	for	for	ADP
ftr-485	443	19	the	the	DET
ftr-485	443	20	significant	significant	ADJ
ftr-485	443	21	nonperiodic	nonperiodic	ADJ
ftr-485	443	22	payment	payment	NOUN
ftr-485	443	23	of	of	ADP
ftr-485	443	24	$	$	SYM
ftr-485	443	25	15,163,147	15,163,147	NUM
ftr-485	443	26	made	make	VERB
ftr-485	443	27	by	by	ADP
ftr-485	443	28	m	m	PRON
ftr-485	443	29	when	when	SCONJ
ftr-485	443	30	the	the	DET
ftr-485	443	31	swap	swap	NOUN
ftr-485	443	32	contract	contract	NOUN
ftr-485	443	33	is	be	AUX
ftr-485	443	34	entered	enter	VERB
ftr-485	443	35	into	into	ADP
ftr-485	443	36	authority	authority	NOUN
ftr-485	443	37	for	for	ADP
ftr-485	443	38	its	its	PRON
ftr-485	443	39	failure	failure	NOUN
ftr-485	443	40	to	to	PART
ftr-485	443	41	do	do	AUX
ftr-485	443	42	so	so	ADV
ftr-485	443	43	.	.	PUNCT
ftr-485	444	1	regs	regs	PROPN
ftr-485	444	2	.	.	PUNCT
ftr-485	445	1	§	§	PROPN
ftr-485	445	2	1.1461	1.1461	NUM
ftr-485	445	3	-	-	PUNCT
ftr-485	445	4	2(c)(2)(ii	2(c)(2)(ii	NUM
ftr-485	445	5	)	)	PUNCT
ftr-485	445	6	.	.	PUNCT
ftr-485	446	1	section	section	NOUN
ftr-485	446	2	6302	6302	NUM
ftr-485	446	3	and	and	CCONJ
ftr-485	446	4	the	the	DET
ftr-485	446	5	accompanying	accompany	VERB
ftr-485	446	6	regulations	regulation	NOUN
ftr-485	446	7	govern	govern	VERB
ftr-485	446	8	the	the	DET
ftr-485	446	9	deposit	deposit	NOUN
ftr-485	446	10	by	by	ADP
ftr-485	446	11	the	the	DET
ftr-485	446	12	agent	agent	NOUN
ftr-485	446	13	of	of	ADP
ftr-485	446	14	the	the	DET
ftr-485	446	15	tax	tax	NOUN
ftr-485	446	16	withheld	withhold	VERB
ftr-485	446	17	.	.	PUNCT
ftr-485	447	1	72	72	NUM
ftr-485	447	2	.	.	PUNCT
ftr-485	447	3	regs	regs	PROPN
ftr-485	447	4	.	.	PUNCT
ftr-485	448	1	§	§	PROPN
ftr-485	448	2	1.446	1.446	NUM
ftr-485	448	3	-	-	SYM
ftr-485	448	4	3(g)(6	3(g)(6	NUM
ftr-485	448	5	)	)	PUNCT
ftr-485	448	6	ex	ex	NOUN
ftr-485	448	7	.	.	NOUN
ftr-485	448	8	3(d	3(d	NUM
ftr-485	448	9	)	)	PUNCT
ftr-485	448	10	.	.	PUNCT
ftr-485	449	1	[	[	X
ftr-485	449	2	vol	vol	NOUN
ftr-485	449	3	2:11	2:11	NUM
ftr-485	449	4	the	the	DET
ftr-485	449	5	recharacterization	recharacterization	NOUN
ftr-485	449	6	of	of	ADP
ftr-485	449	7	cross	cross	ADJ
ftr-485	449	8	-	-	ADJ
ftr-485	449	9	border	border	ADJ
ftr-485	449	10	interest	interest	NOUN
ftr-485	449	11	rate	rate	NOUN
ftr-485	449	12	swaps	swap	NOUN
ftr-485	449	13	(	(	PUNCT
ftr-485	449	14	january	january	PROPN
ftr-485	449	15	1	1	NUM
ftr-485	449	16	,	,	PUNCT
ftr-485	449	17	1995):13	1995):13	NUM
ftr-485	449	18	level	level	NOUN
ftr-485	449	19	payment	payment	NOUN
ftr-485	449	20	interest	interest	NOUN
ftr-485	449	21	principal	principal	NOUN
ftr-485	449	22	1995	1995	NUM
ftr-485	449	23	$	$	SYM
ftr-485	449	24	4,000,000	4,000,000	NUM
ftr-485	449	25	$	$	SYM
ftr-485	449	26	1,516,315	1,516,315	NUM
ftr-485	449	27	$	$	SYM
ftr-485	449	28	2,483,685	2,483,685	NUM
ftr-485	449	29	1996	1996	NUM
ftr-485	449	30	4,000,000	4,000,000	NUM
ftr-485	449	31	1,267,946	1,267,946	NUM
ftr-485	449	32	2,732,054	2,732,054	NUM
ftr-485	449	33	1997	1997	NUM
ftr-485	449	34	4,000,000	4,000,000	NUM
ftr-485	449	35	994,741	994,741	NUM
ftr-485	449	36	3,005,259	3,005,259	NUM
ftr-485	449	37	1998	1998	NUM
ftr-485	449	38	4,000,000	4,000,000	NUM
ftr-485	449	39	694,215	694,215	NUM
ftr-485	449	40	3,305,785	3,305,785	NUM
ftr-485	449	41	i999	i999	PROPN
ftr-485	449	42	4,000,000	4,000,000	NUM
ftr-485	449	43	363,636	363,636	NUM
ftr-485	449	44	3,636,364	3,636,364	NUM
ftr-485	449	45	$	$	SYM
ftr-485	449	46	20,000,000	20,000,000	NUM
ftr-485	449	47	$	$	SYM
ftr-485	449	48	4,836,853	4,836,853	NUM
ftr-485	449	49	$	$	SYM
ftr-485	449	50	15,163,147	15,163,147	NUM
ftr-485	449	51	the	the	DET
ftr-485	449	52	schedule	schedule	NOUN
ftr-485	449	53	is	be	AUX
ftr-485	449	54	based	base	VERB
ftr-485	449	55	on	on	ADP
ftr-485	449	56	a	a	DET
ftr-485	449	57	constant	constant	ADJ
ftr-485	449	58	yield	yield	NOUN
ftr-485	449	59	to	to	ADP
ftr-485	449	60	maturity	maturity	NOUN
ftr-485	449	61	of	of	ADP
ftr-485	449	62	10	10	NUM
ftr-485	449	63	%	%	NOUN
ftr-485	449	64	compounded	compound	VERB
ftr-485	449	65	annually	annually	ADV
ftr-485	449	66	,	,	PUNCT
ftr-485	449	67	which	which	PRON
ftr-485	449	68	is	be	AUX
ftr-485	449	69	the	the	DET
ftr-485	449	70	interest	interest	NOUN
ftr-485	449	71	rate	rate	NOUN
ftr-485	449	72	used	use	VERB
ftr-485	449	73	by	by	ADP
ftr-485	449	74	the	the	DET
ftr-485	449	75	parties	party	NOUN
ftr-485	449	76	in	in	ADP
ftr-485	449	77	determining	determine	VERB
ftr-485	449	78	the	the	DET
ftr-485	449	79	amount	amount	NOUN
ftr-485	449	80	of	of	ADP
ftr-485	449	81	the	the	DET
ftr-485	449	82	nonperiodic	nonperiodic	ADJ
ftr-485	449	83	payment	payment	NOUN
ftr-485	449	84	.	.	PUNCT
ftr-485	450	1	however	however	ADV
ftr-485	450	2	,	,	PUNCT
ftr-485	450	3	none	none	NOUN
ftr-485	450	4	of	of	ADP
ftr-485	450	5	the	the	DET
ftr-485	450	6	payments	payment	NOUN
ftr-485	450	7	in	in	ADP
ftr-485	450	8	the	the	DET
ftr-485	450	9	schedule	schedule	NOUN
ftr-485	450	10	actually	actually	ADV
ftr-485	450	11	occurs	occur	VERB
ftr-485	450	12	.	.	PUNCT
ftr-485	451	1	m	m	PROPN
ftr-485	451	2	's	's	PART
ftr-485	451	3	interest	interest	NOUN
ftr-485	451	4	income	income	NOUN
ftr-485	451	5	throughout	throughout	ADP
ftr-485	451	6	the	the	DET
ftr-485	451	7	swap	swap	ADJ
ftr-485	451	8	term	term	NOUN
ftr-485	451	9	consists	consist	VERB
ftr-485	451	10	of	of	ADP
ftr-485	451	11	the	the	DET
ftr-485	451	12	amounts	amount	NOUN
ftr-485	451	13	in	in	ADP
ftr-485	451	14	the	the	DET
ftr-485	451	15	interest	interest	NOUN
ftr-485	451	16	column	column	NOUN
ftr-485	451	17	of	of	ADP
ftr-485	451	18	the	the	DET
ftr-485	451	19	table	table	NOUN
ftr-485	451	20	.	.	PUNCT
ftr-485	452	1	the	the	DET
ftr-485	452	2	scheduled	schedule	VERB
ftr-485	452	3	amount	amount	NOUN
ftr-485	452	4	is	be	AUX
ftr-485	452	5	recognized	recognize	VERB
ftr-485	452	6	as	as	ADP
ftr-485	452	7	interest	interest	NOUN
ftr-485	452	8	for	for	ADP
ftr-485	452	9	each	each	DET
ftr-485	452	10	year	year	NOUN
ftr-485	452	11	of	of	ADP
ftr-485	452	12	the	the	DET
ftr-485	452	13	swap	swap	NOUN
ftr-485	452	14	,	,	PUNCT
ftr-485	452	15	regardless	regardless	ADV
ftr-485	452	16	of	of	ADP
ftr-485	452	17	the	the	DET
ftr-485	452	18	amounts	amount	NOUN
ftr-485	452	19	of	of	ADP
ftr-485	452	20	the	the	DET
ftr-485	452	21	cash	cash	NOUN
ftr-485	452	22	payments	payment	NOUN
ftr-485	452	23	between	between	ADP
ftr-485	452	24	the	the	DET
ftr-485	452	25	parties	party	NOUN
ftr-485	452	26	.	.	PUNCT
ftr-485	453	1	this	this	PRON
ftr-485	453	2	leads	lead	VERB
ftr-485	453	3	inescapably	inescapably	ADV
ftr-485	453	4	to	to	ADP
ftr-485	453	5	the	the	DET
ftr-485	453	6	conclusion	conclusion	NOUN
ftr-485	453	7	that	that	SCONJ
ftr-485	453	8	withholding	withholding	NOUN
ftr-485	453	9	is	be	AUX
ftr-485	453	10	required	require	VERB
ftr-485	453	11	even	even	ADV
ftr-485	453	12	if	if	SCONJ
ftr-485	453	13	,	,	PUNCT
ftr-485	453	14	for	for	ADP
ftr-485	453	15	a	a	DET
ftr-485	453	16	particular	particular	ADJ
ftr-485	453	17	year	year	NOUN
ftr-485	453	18	,	,	PUNCT
ftr-485	453	19	the	the	DET
ftr-485	453	20	interest	interest	NOUN
ftr-485	453	21	component	component	NOUN
ftr-485	453	22	is	be	AUX
ftr-485	453	23	greater	great	ADJ
ftr-485	453	24	than	than	ADP
ftr-485	453	25	the	the	DET
ftr-485	453	26	net	net	ADJ
ftr-485	453	27	swap	swap	NOUN
ftr-485	453	28	payment	payment	NOUN
ftr-485	453	29	owed	owe	VERB
ftr-485	453	30	by	by	ADP
ftr-485	453	31	n	n	CCONJ
ftr-485	453	32	-	-	PUNCT
ftr-485	453	33	or	or	CCONJ
ftr-485	453	34	even	even	ADV
ftr-485	453	35	if	if	SCONJ
ftr-485	453	36	n	n	NOUN
ftr-485	453	37	makes	make	VERB
ftr-485	453	38	no	no	DET
ftr-485	453	39	net	net	ADJ
ftr-485	453	40	cash	cash	NOUN
ftr-485	453	41	payment	payment	NOUN
ftr-485	453	42	to	to	PART
ftr-485	453	43	m.	m.	VERB
ftr-485	453	44	the	the	DET
ftr-485	453	45	following	follow	VERB
ftr-485	453	46	examples	example	NOUN
ftr-485	453	47	demonstrate	demonstrate	VERB
ftr-485	453	48	how	how	SCONJ
ftr-485	453	49	this	this	PRON
ftr-485	453	50	can	can	AUX
ftr-485	453	51	occur	occur	VERB
ftr-485	453	52	.	.	PUNCT
ftr-485	454	1	if	if	SCONJ
ftr-485	454	2	the	the	DET
ftr-485	454	3	floating	float	VERB
ftr-485	454	4	interest	interest	NOUN
ftr-485	454	5	rate	rate	NOUN
ftr-485	454	6	remains	remain	VERB
ftr-485	454	7	unchanged	unchanged	ADJ
ftr-485	454	8	at	at	ADP
ftr-485	454	9	10	10	NUM
ftr-485	454	10	%	%	NOUN
ftr-485	454	11	throughout	throughout	ADP
ftr-485	454	12	the	the	DET
ftr-485	454	13	first	first	ADJ
ftr-485	454	14	year	year	NOUN
ftr-485	454	15	of	of	ADP
ftr-485	454	16	the	the	DET
ftr-485	454	17	swap	swap	NOUN
ftr-485	454	18	,	,	PUNCT
ftr-485	454	19	the	the	DET
ftr-485	454	20	net	net	ADJ
ftr-485	454	21	swap	swap	NOUN
ftr-485	454	22	payment	payment	NOUN
ftr-485	454	23	to	to	ADP
ftr-485	454	24	m	m	PROPN
ftr-485	454	25	is	be	AUX
ftr-485	454	26	$	$	SYM
ftr-485	454	27	4	4	NUM
ftr-485	454	28	million	million	NUM
ftr-485	454	29	(	(	PUNCT
ftr-485	454	30	the	the	DET
ftr-485	454	31	10	10	NUM
ftr-485	454	32	%	%	NOUN
ftr-485	454	33	floating	float	VERB
ftr-485	454	34	rate	rate	NOUN
ftr-485	454	35	times	time	NOUN
ftr-485	454	36	$	$	SYM
ftr-485	454	37	100	100	NUM
ftr-485	454	38	million	million	NUM
ftr-485	454	39	,	,	PUNCT
ftr-485	454	40	less	less	ADJ
ftr-485	454	41	the	the	DET
ftr-485	454	42	6	6	NUM
ftr-485	454	43	%	%	NOUN
ftr-485	454	44	fixed	fix	VERB
ftr-485	454	45	rate	rate	NOUN
ftr-485	454	46	times	time	NOUN
ftr-485	454	47	$	$	SYM
ftr-485	454	48	100	100	NUM
ftr-485	454	49	million	million	NUM
ftr-485	454	50	)	)	PUNCT
ftr-485	454	51	,	,	PUNCT
ftr-485	454	52	and	and	CCONJ
ftr-485	454	53	the	the	DET
ftr-485	454	54	interest	interest	NOUN
ftr-485	454	55	component	component	NOUN
ftr-485	454	56	,	,	PUNCT
ftr-485	454	57	according	accord	VERB
ftr-485	454	58	to	to	ADP
ftr-485	454	59	the	the	DET
ftr-485	454	60	schedule	schedule	NOUN
ftr-485	454	61	,	,	PUNCT
ftr-485	454	62	is	be	AUX
ftr-485	454	63	$	$	SYM
ftr-485	454	64	1,516,315	1,516,315	NUM
ftr-485	454	65	.	.	PUNCT
ftr-485	455	1	74	74	NUM
ftr-485	456	1	but	but	CCONJ
ftr-485	456	2	,	,	PUNCT
ftr-485	456	3	if	if	SCONJ
ftr-485	456	4	the	the	DET
ftr-485	456	5	floating	float	VERB
ftr-485	456	6	interest	interest	NOUN
ftr-485	456	7	rate	rate	NOUN
ftr-485	456	8	drops	drop	VERB
ftr-485	456	9	to	to	ADP
ftr-485	456	10	6	6	NUM
ftr-485	456	11	%	%	NOUN
ftr-485	456	12	on	on	ADP
ftr-485	456	13	the	the	DET
ftr-485	456	14	payment	payment	NOUN
ftr-485	456	15	date	date	NOUN
ftr-485	456	16	,	,	PUNCT
ftr-485	456	17	no	no	DET
ftr-485	456	18	net	net	ADJ
ftr-485	456	19	payment	payment	NOUN
ftr-485	456	20	is	be	AUX
ftr-485	456	21	made	make	VERB
ftr-485	456	22	because	because	SCONJ
ftr-485	456	23	the	the	DET
ftr-485	456	24	floating	float	VERB
ftr-485	456	25	and	and	CCONJ
ftr-485	456	26	fixed	fix	VERB
ftr-485	456	27	rates	rate	NOUN
ftr-485	456	28	are	be	AUX
ftr-485	456	29	both	both	PRON
ftr-485	456	30	6	6	NUM
ftr-485	456	31	%	%	NOUN
ftr-485	456	32	.	.	PUNCT
ftr-485	457	1	'	'	PUNCT
ftr-485	457	2	"	"	PUNCT
ftr-485	457	3	however	however	ADV
ftr-485	457	4	,	,	PUNCT
ftr-485	457	5	m	m	VERB
ftr-485	457	6	still	still	ADV
ftr-485	457	7	recognizes	recognize	VERB
ftr-485	457	8	interest	interest	NOUN
ftr-485	457	9	income	income	NOUN
ftr-485	457	10	of	of	ADP
ftr-485	457	11	$	$	SYM
ftr-485	457	12	1,516,315	1,516,315	NUM
ftr-485	457	13	,	,	PUNCT
ftr-485	457	14	and	and	CCONJ
ftr-485	457	15	this	this	DET
ftr-485	457	16	amount	amount	NOUN
ftr-485	457	17	is	be	AUX
ftr-485	457	18	subject	subject	ADJ
ftr-485	457	19	to	to	ADP
ftr-485	457	20	withholding	withhold	VERB
ftr-485	457	21	by	by	ADP
ftr-485	457	22	n.	n.	NOUN
ftr-485	457	23	because	because	SCONJ
ftr-485	457	24	the	the	DET
ftr-485	457	25	schedule	schedule	NOUN
ftr-485	457	26	determined	determine	VERB
ftr-485	457	27	at	at	ADP
ftr-485	457	28	the	the	DET
ftr-485	457	29	time	time	NOUN
ftr-485	457	30	the	the	DET
ftr-485	457	31	swap	swap	NOUN
ftr-485	457	32	was	be	AUX
ftr-485	457	33	created	create	VERB
ftr-485	457	34	controls	control	NOUN
ftr-485	457	35	throughout	throughout	ADP
ftr-485	457	36	the	the	DET
ftr-485	457	37	life	life	NOUN
ftr-485	457	38	of	of	ADP
ftr-485	457	39	the	the	DET
ftr-485	457	40	swap	swap	NOUN
ftr-485	457	41	,	,	PUNCT
ftr-485	457	42	n	n	PRON
ftr-485	457	43	must	must	AUX
ftr-485	457	44	withhold	withhold	VERB
ftr-485	457	45	up	up	ADP
ftr-485	457	46	to	to	PART
ftr-485	457	47	30	30	NUM
ftr-485	457	48	%	%	NOUN
ftr-485	457	49	of	of	ADP
ftr-485	457	50	the	the	DET
ftr-485	457	51	$	$	SYM
ftr-485	457	52	1,516,315	1,516,315	NUM
ftr-485	457	53	interest	interest	NOUN
ftr-485	457	54	in	in	ADP
ftr-485	457	55	year	year	NOUN
ftr-485	458	1	i	i	PRON
ftr-485	458	2	even	even	ADV
ftr-485	458	3	though	though	SCONJ
ftr-485	458	4	no	no	DET
ftr-485	458	5	cash	cash	NOUN
ftr-485	458	6	payments	payment	NOUN
ftr-485	458	7	are	be	AUX
ftr-485	458	8	made	make	VERB
ftr-485	458	9	.	.	PUNCT
ftr-485	459	1	under	under	ADP
ftr-485	459	2	the	the	DET
ftr-485	459	3	regulations	regulation	NOUN
ftr-485	459	4	,	,	PUNCT
ftr-485	459	5	the	the	DET
ftr-485	459	6	recharacterized	recharacterize	VERB
ftr-485	459	7	swap	swap	NOUN
ftr-485	459	8	is	be	AUX
ftr-485	459	9	deemed	deem	VERB
ftr-485	459	10	to	to	PART
ftr-485	459	11	consist	consist	VERB
ftr-485	459	12	of	of	ADP
ftr-485	459	13	an	an	DET
ftr-485	459	14	on	on	ADP
ftr-485	459	15	-	-	PUNCT
ftr-485	459	16	market	market	NOUN
ftr-485	459	17	swap	swap	NOUN
ftr-485	459	18	and	and	CCONJ
ftr-485	459	19	a	a	DET
ftr-485	459	20	loan	loan	NOUN
ftr-485	459	21	,	,	PUNCT
ftr-485	459	22	with	with	ADP
ftr-485	459	23	the	the	DET
ftr-485	459	24	gross	gross	ADJ
ftr-485	459	25	swap	swap	NOUN
ftr-485	459	26	payments	payment	NOUN
ftr-485	459	27	being	be	AUX
ftr-485	459	28	73	73	NUM
ftr-485	459	29	.	.	PUNCT
ftr-485	460	1	regs	reg	NOUN
ftr-485	460	2	.	.	PUNCT
ftr-485	461	1	§	§	PROPN
ftr-485	461	2	1.446	1.446	NUM
ftr-485	461	3	-	-	SYM
ftr-485	461	4	3(g)(6	3(g)(6	NUM
ftr-485	461	5	)	)	PUNCT
ftr-485	461	6	ex	ex	NOUN
ftr-485	461	7	.	.	NOUN
ftr-485	461	8	3(c	3(c	NUM
ftr-485	461	9	)	)	PUNCT
ftr-485	461	10	.	.	PUNCT
ftr-485	462	1	74	74	NUM
ftr-485	462	2	.	.	PUNCT
ftr-485	463	1	without	without	ADP
ftr-485	463	2	a	a	DET
ftr-485	463	3	treaty	treaty	NOUN
ftr-485	463	4	reduction	reduction	NOUN
ftr-485	463	5	,	,	PUNCT
ftr-485	463	6	the	the	DET
ftr-485	463	7	withholding	withholding	NOUN
ftr-485	463	8	tax	tax	NOUN
ftr-485	463	9	is	be	AUX
ftr-485	463	10	30	30	NUM
ftr-485	463	11	%	%	NOUN
ftr-485	463	12	of	of	ADP
ftr-485	463	13	the	the	DET
ftr-485	463	14	interest	interest	NOUN
ftr-485	463	15	amount	amount	NOUN
ftr-485	463	16	,	,	PUNCT
ftr-485	463	17	$	$	SYM
ftr-485	463	18	454,896	454,896	NUM
ftr-485	463	19	.	.	PUNCT
ftr-485	464	1	75	75	NUM
ftr-485	464	2	.	.	PUNCT
ftr-485	465	1	a	a	DET
ftr-485	465	2	drop	drop	NOUN
ftr-485	465	3	to	to	ADP
ftr-485	465	4	6	6	NUM
ftr-485	465	5	%	%	NOUN
ftr-485	465	6	is	be	AUX
ftr-485	465	7	most	most	ADV
ftr-485	465	8	illustrative	illustrative	ADJ
ftr-485	465	9	of	of	ADP
ftr-485	465	10	the	the	DET
ftr-485	465	11	unusual	unusual	ADJ
ftr-485	465	12	result	result	NOUN
ftr-485	465	13	.	.	PUNCT
ftr-485	466	1	however	however	ADV
ftr-485	466	2	,	,	PUNCT
ftr-485	466	3	any	any	DET
ftr-485	466	4	decrease	decrease	NOUN
ftr-485	466	5	in	in	ADP
ftr-485	466	6	the	the	DET
ftr-485	466	7	floating	float	VERB
ftr-485	466	8	rate	rate	NOUN
ftr-485	466	9	leads	lead	VERB
ftr-485	466	10	to	to	ADP
ftr-485	466	11	the	the	DET
ftr-485	466	12	same	same	ADJ
ftr-485	466	13	problem	problem	NOUN
ftr-485	466	14	,	,	PUNCT
ftr-485	466	15	though	though	SCONJ
ftr-485	466	16	to	to	ADP
ftr-485	466	17	a	a	DET
ftr-485	466	18	different	different	ADJ
ftr-485	466	19	degree	degree	NOUN
ftr-485	466	20	.	.	PUNCT
ftr-485	467	1	if	if	SCONJ
ftr-485	467	2	the	the	DET
ftr-485	467	3	floating	float	VERB
ftr-485	467	4	rate	rate	NOUN
ftr-485	467	5	drops	drop	VERB
ftr-485	467	6	to	to	ADP
ftr-485	467	7	8	8	NUM
ftr-485	467	8	%	%	NOUN
ftr-485	467	9	during	during	ADP
ftr-485	467	10	the	the	DET
ftr-485	467	11	first	first	ADJ
ftr-485	467	12	year	year	NOUN
ftr-485	467	13	,	,	PUNCT
ftr-485	467	14	the	the	DET
ftr-485	467	15	net	net	ADJ
ftr-485	467	16	payment	payment	NOUN
ftr-485	467	17	from	from	ADP
ftr-485	467	18	n	n	PROPN
ftr-485	467	19	to	to	ADP
ftr-485	467	20	m	m	PROPN
ftr-485	467	21	is	be	AUX
ftr-485	467	22	s2	s2	NOUN
ftr-485	467	23	million	million	NUM
ftr-485	467	24	,	,	PUNCT
ftr-485	467	25	of	of	ADP
ftr-485	467	26	which	which	PRON
ftr-485	467	27	$	$	SYM
ftr-485	467	28	1,516,315	1,516,315	NUM
ftr-485	467	29	is	be	AUX
ftr-485	467	30	interest	interest	NOUN
ftr-485	467	31	subject	subject	ADJ
ftr-485	467	32	to	to	ADP
ftr-485	467	33	withholding	withholding	NOUN
ftr-485	467	34	.	.	PUNCT
ftr-485	468	1	19951	19951	NUM
ftr-485	468	2	florida	florida	PROPN
ftr-485	468	3	tax	tax	PROPN
ftr-485	468	4	review	review	NOUN
ftr-485	468	5	applied	apply	VERB
ftr-485	468	6	,	,	PUNCT
ftr-485	468	7	in	in	ADP
ftr-485	468	8	order	order	NOUN
ftr-485	468	9	,	,	PUNCT
ftr-485	468	10	to	to	PART
ftr-485	468	11	deemed	deem	VERB
ftr-485	468	12	interest	interest	NOUN
ftr-485	468	13	,	,	PUNCT
ftr-485	468	14	deemed	deem	VERB
ftr-485	468	15	principal	principal	NOUN
ftr-485	468	16	,	,	PUNCT
ftr-485	468	17	and	and	CCONJ
ftr-485	468	18	then	then	ADV
ftr-485	468	19	to	to	ADP
ftr-485	468	20	the	the	DET
ftr-485	468	21	onmarket	onmarket	ADJ
ftr-485	468	22	swap	swap	NOUN
ftr-485	468	23	.	.	PUNCT
ftr-485	469	1	the	the	DET
ftr-485	469	2	off	off	ADP
ftr-485	469	3	-	-	PUNCT
ftr-485	469	4	market	market	NOUN
ftr-485	469	5	swap	swap	NOUN
ftr-485	469	6	in	in	ADP
ftr-485	469	7	the	the	DET
ftr-485	469	8	example	example	NOUN
ftr-485	469	9	is	be	AUX
ftr-485	469	10	thus	thus	ADV
ftr-485	469	11	bifurcated	bifurcate	VERB
ftr-485	469	12	into	into	ADP
ftr-485	469	13	two	two	NUM
ftr-485	469	14	transactions	transaction	NOUN
ftr-485	469	15	-	-	PUNCT
ftr-485	469	16	an	an	DET
ftr-485	469	17	on	on	ADP
ftr-485	469	18	-	-	PUNCT
ftr-485	469	19	market	market	NOUN
ftr-485	469	20	swap	swap	NOUN
ftr-485	469	21	of	of	ADP
ftr-485	469	22	10	10	NUM
ftr-485	469	23	%	%	NOUN
ftr-485	469	24	fixed	fix	VERB
ftr-485	469	25	payments	payment	NOUN
ftr-485	469	26	in	in	ADP
ftr-485	469	27	exchange	exchange	NOUN
ftr-485	469	28	for	for	ADP
ftr-485	469	29	the	the	DET
ftr-485	469	30	libor	libor	PROPN
ftr-485	469	31	(	(	PUNCT
ftr-485	469	32	which	which	PRON
ftr-485	469	33	is	be	AUX
ftr-485	469	34	10	10	NUM
ftr-485	469	35	%	%	NOUN
ftr-485	469	36	when	when	SCONJ
ftr-485	469	37	the	the	DET
ftr-485	469	38	swap	swap	NOUN
ftr-485	469	39	is	be	AUX
ftr-485	469	40	made	make	VERB
ftr-485	469	41	)	)	PUNCT
ftr-485	469	42	and	and	CCONJ
ftr-485	469	43	an	an	DET
ftr-485	469	44	embedded	embed	VERB
ftr-485	469	45	loan	loan	NOUN
ftr-485	469	46	of	of	ADP
ftr-485	469	47	$	$	SYM
ftr-485	469	48	15,163,147	15,163,147	NUM
ftr-485	469	49	,	,	PUNCT
ftr-485	469	50	which	which	PRON
ftr-485	469	51	is	be	AUX
ftr-485	469	52	amortized	amortize	VERB
ftr-485	469	53	by	by	ADP
ftr-485	469	54	five	five	NUM
ftr-485	469	55	annual	annual	ADJ
ftr-485	469	56	payments	payment	NOUN
ftr-485	469	57	of	of	ADP
ftr-485	469	58	$	$	SYM
ftr-485	469	59	4	4	NUM
ftr-485	469	60	million	million	NUM
ftr-485	469	61	each	each	PRON
ftr-485	469	62	.	.	PUNCT
ftr-485	470	1	under	under	ADP
ftr-485	470	2	this	this	DET
ftr-485	470	3	view	view	NOUN
ftr-485	470	4	,	,	PUNCT
ftr-485	470	5	if	if	SCONJ
ftr-485	470	6	the	the	DET
ftr-485	470	7	libor	libor	PROPN
ftr-485	470	8	is	be	AUX
ftr-485	470	9	6	6	NUM
ftr-485	470	10	%	%	NOUN
ftr-485	470	11	on	on	ADP
ftr-485	470	12	the	the	DET
ftr-485	470	13	first	first	ADJ
ftr-485	470	14	payment	payment	NOUN
ftr-485	470	15	date	date	NOUN
ftr-485	470	16	,	,	PUNCT
ftr-485	470	17	the	the	DET
ftr-485	470	18	payments	payment	NOUN
ftr-485	470	19	for	for	ADP
ftr-485	470	20	the	the	DET
ftr-485	470	21	first	first	ADJ
ftr-485	470	22	year	year	NOUN
ftr-485	470	23	are	be	AUX
ftr-485	470	24	deemed	deem	VERB
ftr-485	470	25	to	to	PART
ftr-485	470	26	consist	consist	VERB
ftr-485	470	27	of	of	ADP
ftr-485	470	28	a	a	DET
ftr-485	470	29	swap	swap	NOUN
ftr-485	470	30	payment	payment	NOUN
ftr-485	470	31	from	from	ADP
ftr-485	470	32	m	m	PROPN
ftr-485	470	33	to	to	ADP
ftr-485	470	34	n	n	PROPN
ftr-485	470	35	of	of	ADP
ftr-485	470	36	$	$	SYM
ftr-485	470	37	4	4	NUM
ftr-485	470	38	million	million	NUM
ftr-485	470	39	(	(	PUNCT
ftr-485	470	40	10	10	NUM
ftr-485	470	41	%	%	NOUN
ftr-485	470	42	fixed	fix	VERB
ftr-485	470	43	interest	interest	NOUN
ftr-485	470	44	on	on	ADP
ftr-485	470	45	$	$	SYM
ftr-485	470	46	100	100	NUM
ftr-485	470	47	million	million	NUM
ftr-485	470	48	,	,	PUNCT
ftr-485	470	49	less	less	ADJ
ftr-485	470	50	6	6	NUM
ftr-485	470	51	%	%	NOUN
ftr-485	470	52	floating	float	VERB
ftr-485	470	53	interest	interest	NOUN
ftr-485	470	54	)	)	PUNCT
ftr-485	470	55	and	and	CCONJ
ftr-485	470	56	a	a	DET
ftr-485	470	57	loan	loan	NOUN
ftr-485	470	58	payment	payment	NOUN
ftr-485	470	59	from	from	ADP
ftr-485	470	60	n	n	PROPN
ftr-485	470	61	to	to	ADP
ftr-485	470	62	m	m	PROPN
ftr-485	470	63	of	of	ADP
ftr-485	470	64	$	$	SYM
ftr-485	470	65	4	4	NUM
ftr-485	470	66	million	million	NUM
ftr-485	470	67	.	.	PUNCT
ftr-485	471	1	that	that	SCONJ
ftr-485	471	2	the	the	DET
ftr-485	471	3	parties	party	NOUN
ftr-485	471	4	have	have	AUX
ftr-485	471	5	agreed	agree	VERB
ftr-485	471	6	to	to	PART
ftr-485	471	7	net	net	VERB
ftr-485	471	8	the	the	DET
ftr-485	471	9	two	two	NUM
ftr-485	471	10	payments	payment	NOUN
ftr-485	471	11	against	against	ADP
ftr-485	471	12	each	each	DET
ftr-485	471	13	other	other	ADJ
ftr-485	471	14	does	do	AUX
ftr-485	471	15	not	not	PART
ftr-485	471	16	relieve	relieve	VERB
ftr-485	471	17	n	n	PROPN
ftr-485	471	18	of	of	ADP
ftr-485	471	19	the	the	DET
ftr-485	471	20	obligation	obligation	NOUN
ftr-485	471	21	to	to	PART
ftr-485	471	22	withhold	withhold	VERB
ftr-485	471	23	tax	tax	NOUN
ftr-485	471	24	from	from	ADP
ftr-485	471	25	the	the	DET
ftr-485	471	26	interest	interest	NOUN
ftr-485	471	27	element	element	NOUN
ftr-485	471	28	of	of	ADP
ftr-485	471	29	the	the	DET
ftr-485	471	30	loan	loan	NOUN
ftr-485	471	31	payment.76	payment.76	NOUN
ftr-485	471	32	for	for	ADP
ftr-485	471	33	example	example	NOUN
ftr-485	471	34	,	,	PUNCT
ftr-485	471	35	if	if	SCONJ
ftr-485	471	36	n	n	PRON
ftr-485	471	37	owned	own	VERB
ftr-485	471	38	m	m	NOUN
ftr-485	471	39	stock	stock	NOUN
ftr-485	471	40	and	and	CCONJ
ftr-485	471	41	m	m	AUX
ftr-485	471	42	owned	own	VERB
ftr-485	471	43	a	a	DET
ftr-485	471	44	bond	bond	NOUN
ftr-485	471	45	issued	issue	VERB
ftr-485	471	46	by	by	ADP
ftr-485	471	47	n	n	CCONJ
ftr-485	471	48	,	,	PUNCT
ftr-485	471	49	n	n	CCONJ
ftr-485	471	50	's	's	PART
ftr-485	471	51	obligation	obligation	NOUN
ftr-485	471	52	to	to	PART
ftr-485	471	53	withhold	withhold	VERB
ftr-485	471	54	from	from	ADP
ftr-485	471	55	interest	interest	NOUN
ftr-485	471	56	on	on	ADP
ftr-485	471	57	the	the	DET
ftr-485	471	58	bond	bond	NOUN
ftr-485	471	59	would	would	AUX
ftr-485	471	60	not	not	PART
ftr-485	471	61	be	be	AUX
ftr-485	471	62	negated	negate	VERB
ftr-485	471	63	merely	merely	ADV
ftr-485	471	64	because	because	SCONJ
ftr-485	471	65	the	the	DET
ftr-485	471	66	parties	party	NOUN
ftr-485	471	67	agreed	agree	VERB
ftr-485	471	68	to	to	PART
ftr-485	471	69	offset	offset	VERB
ftr-485	471	70	the	the	DET
ftr-485	471	71	interest	interest	NOUN
ftr-485	471	72	against	against	ADP
ftr-485	471	73	an	an	DET
ftr-485	471	74	equal	equal	ADJ
ftr-485	471	75	dividend	dividend	NOUN
ftr-485	471	76	on	on	ADP
ftr-485	471	77	the	the	DET
ftr-485	471	78	stock	stock	NOUN
ftr-485	471	79	,	,	PUNCT
ftr-485	471	80	resulting	result	VERB
ftr-485	471	81	in	in	ADP
ftr-485	471	82	no	no	DET
ftr-485	471	83	cash	cash	NOUN
ftr-485	471	84	changing	change	VERB
ftr-485	471	85	hands	hand	NOUN
ftr-485	471	86	between	between	ADP
ftr-485	471	87	n	n	NOUN
ftr-485	471	88	and	and	CCONJ
ftr-485	471	89	m.	m.	NOUN
ftr-485	471	90	nevertheless	nevertheless	ADV
ftr-485	471	91	,	,	PUNCT
ftr-485	471	92	there	there	PRON
ftr-485	471	93	is	be	VERB
ftr-485	471	94	no	no	DET
ftr-485	471	95	actual	actual	ADJ
ftr-485	471	96	,	,	PUNCT
ftr-485	471	97	economic	economic	ADJ
ftr-485	471	98	loan	loan	NOUN
ftr-485	471	99	as	as	SCONJ
ftr-485	471	100	there	there	PRON
ftr-485	471	101	is	be	VERB
ftr-485	471	102	no	no	DET
ftr-485	471	103	contractual	contractual	ADJ
ftr-485	471	104	obligation	obligation	NOUN
ftr-485	471	105	to	to	PART
ftr-485	471	106	repay	repay	VERB
ftr-485	471	107	even	even	ADV
ftr-485	471	108	a	a	DET
ftr-485	471	109	minimum	minimum	ADJ
ftr-485	471	110	amount	amount	NOUN
ftr-485	471	111	of	of	ADP
ftr-485	471	112	the	the	DET
ftr-485	471	113	up	up	ADJ
ftr-485	471	114	-	-	PUNCT
ftr-485	471	115	front	front	NOUN
ftr-485	471	116	payment.7	payment.7	PROPN
ftr-485	471	117	for	for	ADP
ftr-485	471	118	example	example	NOUN
ftr-485	471	119	,	,	PUNCT
ftr-485	471	120	if	if	SCONJ
ftr-485	471	121	the	the	DET
ftr-485	471	122	libor	libor	PROPN
ftr-485	471	123	falls	fall	VERB
ftr-485	471	124	to	to	ADP
ftr-485	471	125	6	6	NUM
ftr-485	471	126	%	%	NOUN
ftr-485	471	127	during	during	ADP
ftr-485	471	128	the	the	DET
ftr-485	471	129	first	first	ADJ
ftr-485	471	130	year	year	NOUN
ftr-485	471	131	and	and	CCONJ
ftr-485	471	132	remains	remain	VERB
ftr-485	471	133	at	at	ADP
ftr-485	471	134	that	that	DET
ftr-485	471	135	level	level	NOUN
ftr-485	471	136	for	for	ADP
ftr-485	471	137	the	the	DET
ftr-485	471	138	remainder	remainder	NOUN
ftr-485	471	139	of	of	ADP
ftr-485	471	140	the	the	DET
ftr-485	471	141	swap	swap	NOUN
ftr-485	471	142	term	term	NOUN
ftr-485	471	143	,	,	PUNCT
ftr-485	471	144	m	m	VERB
ftr-485	471	145	will	will	AUX
ftr-485	471	146	receive	receive	VERB
ftr-485	471	147	no	no	DET
ftr-485	471	148	net	net	ADJ
ftr-485	471	149	cash	cash	NOUN
ftr-485	471	150	payments	payment	NOUN
ftr-485	471	151	under	under	ADP
ftr-485	471	152	the	the	DET
ftr-485	471	153	swap	swap	NOUN
ftr-485	471	154	contract	contract	NOUN
ftr-485	471	155	,	,	PUNCT
ftr-485	471	156	even	even	ADV
ftr-485	471	157	though	though	SCONJ
ftr-485	471	158	it	it	PRON
ftr-485	471	159	will	will	AUX
ftr-485	471	160	have	have	VERB
ftr-485	471	161	interest	interest	NOUN
ftr-485	471	162	income	income	NOUN
ftr-485	471	163	each	each	DET
ftr-485	471	164	year	year	NOUN
ftr-485	471	165	of	of	ADP
ftr-485	471	166	the	the	DET
ftr-485	471	167	swap	swap	NOUN
ftr-485	471	168	in	in	ADP
ftr-485	471	169	accordance	accordance	NOUN
ftr-485	471	170	with	with	ADP
ftr-485	471	171	the	the	DET
ftr-485	471	172	amortization	amortization	NOUN
ftr-485	471	173	schedule	schedule	NOUN
ftr-485	471	174	.	.	PUNCT
ftr-485	472	1	furthermore	furthermore	ADV
ftr-485	472	2	,	,	PUNCT
ftr-485	472	3	if	if	SCONJ
ftr-485	472	4	the	the	DET
ftr-485	472	5	libor	libor	PROPN
ftr-485	472	6	were	be	AUX
ftr-485	472	7	to	to	PART
ftr-485	472	8	fall	fall	VERB
ftr-485	472	9	to	to	ADP
ftr-485	472	10	3.5	3.5	NUM
ftr-485	472	11	%	%	NOUN
ftr-485	472	12	and	and	CCONJ
ftr-485	472	13	remain	remain	VERB
ftr-485	472	14	there	there	ADV
ftr-485	472	15	,	,	PUNCT
ftr-485	472	16	even	even	ADV
ftr-485	472	17	the	the	DET
ftr-485	472	18	gross	gross	ADJ
ftr-485	472	19	payments	payment	NOUN
ftr-485	472	20	will	will	AUX
ftr-485	472	21	not	not	PART
ftr-485	472	22	be	be	AUX
ftr-485	472	23	sufficient	sufficient	ADJ
ftr-485	472	24	to	to	PART
ftr-485	472	25	repay	repay	VERB
ftr-485	472	26	the	the	DET
ftr-485	472	27	deemed	deem	VERB
ftr-485	472	28	principal.78	principal.78	NOUN
ftr-485	472	29	in	in	ADP
ftr-485	472	30	76	76	NUM
ftr-485	472	31	.	.	PUNCT
ftr-485	473	1	"	"	PUNCT
ftr-485	473	2	swap	swap	ADJ
ftr-485	473	3	income	income	NOUN
ftr-485	473	4	"	"	PUNCT
ftr-485	473	5	is	be	AUX
ftr-485	473	6	taxed	tax	VERB
ftr-485	473	7	under	under	ADP
ftr-485	473	8	the	the	DET
ftr-485	473	9	swap	swap	NOUN
ftr-485	473	10	regulations	regulation	NOUN
ftr-485	473	11	,	,	PUNCT
ftr-485	473	12	and	and	CCONJ
ftr-485	473	13	is	be	AUX
ftr-485	473	14	generally	generally	ADV
ftr-485	473	15	paid	pay	VERB
ftr-485	473	16	,	,	PUNCT
ftr-485	473	17	on	on	ADP
ftr-485	473	18	a	a	DET
ftr-485	473	19	net	net	ADJ
ftr-485	473	20	basis	basis	NOUN
ftr-485	473	21	.	.	PUNCT
ftr-485	474	1	only	only	ADV
ftr-485	474	2	the	the	DET
ftr-485	474	3	difference	difference	NOUN
ftr-485	474	4	between	between	ADP
ftr-485	474	5	the	the	DET
ftr-485	474	6	gross	gross	ADJ
ftr-485	474	7	amounts	amount	NOUN
ftr-485	474	8	owed	owe	VERB
ftr-485	474	9	by	by	ADP
ftr-485	474	10	n	n	PROPN
ftr-485	474	11	and	and	CCONJ
ftr-485	474	12	m	m	VERB
ftr-485	474	13	actually	actually	ADV
ftr-485	474	14	changes	change	VERB
ftr-485	474	15	hands	hand	NOUN
ftr-485	474	16	as	as	ADP
ftr-485	474	17	swap	swap	NOUN
ftr-485	474	18	income	income	NOUN
ftr-485	474	19	.	.	PUNCT
ftr-485	475	1	however	however	ADV
ftr-485	475	2	,	,	PUNCT
ftr-485	475	3	the	the	DET
ftr-485	475	4	swap	swap	NOUN
ftr-485	475	5	regulations	regulation	NOUN
ftr-485	475	6	also	also	ADV
ftr-485	475	7	establish	establish	VERB
ftr-485	475	8	that	that	SCONJ
ftr-485	475	9	the	the	DET
ftr-485	475	10	deemed	deem	VERB
ftr-485	475	11	interest	interest	NOUN
ftr-485	475	12	amounts	amount	NOUN
ftr-485	475	13	are	be	AUX
ftr-485	475	14	not	not	PART
ftr-485	475	15	included	include	VERB
ftr-485	475	16	in	in	ADP
ftr-485	475	17	this	this	DET
ftr-485	475	18	net	net	ADJ
ftr-485	475	19	calculation	calculation	NOUN
ftr-485	475	20	and	and	CCONJ
ftr-485	475	21	are	be	AUX
ftr-485	475	22	not	not	PART
ftr-485	475	23	swap	swap	ADJ
ftr-485	475	24	income	income	NOUN
ftr-485	475	25	.	.	PUNCT
ftr-485	476	1	therefore	therefore	ADV
ftr-485	476	2	,	,	PUNCT
ftr-485	476	3	the	the	DET
ftr-485	476	4	gross	gross	ADJ
ftr-485	476	5	amounts	amount	NOUN
ftr-485	476	6	of	of	ADP
ftr-485	476	7	swap	swap	NOUN
ftr-485	476	8	income	income	NOUN
ftr-485	476	9	owed	owe	VERB
ftr-485	476	10	between	between	ADP
ftr-485	476	11	the	the	DET
ftr-485	476	12	counterparties	counterpartie	NOUN
ftr-485	476	13	,	,	PUNCT
ftr-485	476	14	though	though	SCONJ
ftr-485	476	15	not	not	PART
ftr-485	476	16	exchanged	exchange	VERB
ftr-485	476	17	,	,	PUNCT
ftr-485	476	18	convey	convey	VERB
ftr-485	476	19	the	the	DET
ftr-485	476	20	interest	interest	NOUN
ftr-485	476	21	resulting	result	VERB
ftr-485	476	22	from	from	ADP
ftr-485	476	23	a	a	DET
ftr-485	476	24	recharacterized	recharacterize	VERB
ftr-485	476	25	nonperiodic	nonperiodic	ADJ
ftr-485	476	26	payment	payment	NOUN
ftr-485	476	27	thus	thus	ADV
ftr-485	476	28	providing	provide	VERB
ftr-485	476	29	a	a	DET
ftr-485	476	30	payment	payment	NOUN
ftr-485	476	31	for	for	ADP
ftr-485	476	32	withholding	withholding	NOUN
ftr-485	476	33	purposes	purpose	NOUN
ftr-485	476	34	.	.	PUNCT
ftr-485	477	1	77	77	NUM
ftr-485	477	2	.	.	PUNCT
ftr-485	478	1	irc	irc	PROPN
ftr-485	478	2	§	§	PROPN
ftr-485	478	3	163	163	NUM
ftr-485	478	4	.	.	PUNCT
ftr-485	479	1	interest	interest	NOUN
ftr-485	479	2	is	be	AUX
ftr-485	479	3	a	a	DET
ftr-485	479	4	charge	charge	NOUN
ftr-485	479	5	"	"	PUNCT
ftr-485	479	6	for	for	ADP
ftr-485	479	7	the	the	DET
ftr-485	479	8	use	use	NOUN
ftr-485	479	9	or	or	CCONJ
ftr-485	479	10	forbearance	forbearance	NOUN
ftr-485	479	11	of	of	ADP
ftr-485	479	12	money	money	NOUN
ftr-485	479	13	.	.	PUNCT
ftr-485	479	14	"	"	PUNCT
ftr-485	480	1	see	see	VERB
ftr-485	480	2	deputy	deputy	NOUN
ftr-485	480	3	v.	v.	ADP
ftr-485	480	4	du	du	PROPN
ftr-485	480	5	pont	pont	PROPN
ftr-485	480	6	,	,	PUNCT
ftr-485	480	7	308	308	NUM
ftr-485	480	8	u.s	u.s	PROPN
ftr-485	480	9	.	.	PROPN
ftr-485	480	10	488	488	NUM
ftr-485	480	11	,	,	PUNCT
ftr-485	480	12	498	498	NUM
ftr-485	480	13	(	(	PUNCT
ftr-485	480	14	1940	1940	NUM
ftr-485	480	15	)	)	PUNCT
ftr-485	480	16	.	.	PUNCT
ftr-485	481	1	78	78	NUM
ftr-485	481	2	.	.	PUNCT
ftr-485	482	1	even	even	ADV
ftr-485	482	2	with	with	ADP
ftr-485	482	3	no	no	DET
ftr-485	482	4	cash	cash	NOUN
ftr-485	482	5	payment	payment	NOUN
ftr-485	482	6	from	from	ADP
ftr-485	482	7	n	n	PROPN
ftr-485	482	8	to	to	ADP
ftr-485	482	9	m	m	PROPN
ftr-485	482	10	,	,	PUNCT
ftr-485	482	11	n	n	PRON
ftr-485	482	12	will	will	AUX
ftr-485	482	13	probably	probably	ADV
ftr-485	482	14	not	not	PART
ftr-485	482	15	be	be	AUX
ftr-485	482	16	relieved	relieve	VERB
ftr-485	482	17	of	of	ADP
ftr-485	482	18	its	its	PRON
ftr-485	482	19	withholding	withholding	NOUN
ftr-485	482	20	obligation	obligation	NOUN
ftr-485	482	21	.	.	PUNCT
ftr-485	483	1	the	the	DET
ftr-485	483	2	tax	tax	NOUN
ftr-485	483	3	court	court	NOUN
ftr-485	483	4	has	have	AUX
ftr-485	483	5	rejected	reject	VERB
ftr-485	483	6	the	the	DET
ftr-485	483	7	"	"	PUNCT
ftr-485	483	8	assertion	assertion	NOUN
ftr-485	483	9	that	that	SCONJ
ftr-485	483	10	withholding	withholding	NOUN
ftr-485	483	11	responsibility	responsibility	NOUN
ftr-485	483	12	under	under	ADP
ftr-485	483	13	section	section	NOUN
ftr-485	483	14	1441(a	1441(a	NUM
ftr-485	483	15	)	)	PUNCT
ftr-485	483	16	requires	require	VERB
ftr-485	483	17	actual	actual	ADJ
ftr-485	483	18	payment	payment	NOUN
ftr-485	483	19	and	and	CCONJ
ftr-485	483	20	receipt	receipt	NOUN
ftr-485	483	21	.	.	PUNCT
ftr-485	483	22	"	"	PUNCT
ftr-485	484	1	casa	casa	PROPN
ftr-485	484	2	de	de	PROPN
ftr-485	484	3	la	la	PROPN
ftr-485	484	4	jolla	jolla	PROPN
ftr-485	484	5	park	park	PROPN
ftr-485	484	6	,	,	PUNCT
ftr-485	484	7	inc	inc	PROPN
ftr-485	484	8	.	.	PROPN
ftr-485	485	1	v.	v.	PROPN
ftr-485	485	2	commissioner	commissioner	PROPN
ftr-485	485	3	,	,	PUNCT
ftr-485	485	4	94	94	NUM
ftr-485	485	5	t.c	t.c	PROPN
ftr-485	485	6	.	.	PROPN
ftr-485	485	7	384	384	NUM
ftr-485	485	8	,	,	PUNCT
ftr-485	485	9	392	392	NUM
ftr-485	485	10	(	(	PUNCT
ftr-485	485	11	1990	1990	NUM
ftr-485	485	12	)	)	PUNCT
ftr-485	485	13	.	.	PUNCT
ftr-485	486	1	the	the	DET
ftr-485	486	2	court	court	NOUN
ftr-485	486	3	found	find	VERB
ftr-485	486	4	that	that	SCONJ
ftr-485	486	5	interest	interest	NOUN
ftr-485	486	6	had	have	AUX
ftr-485	486	7	been	be	AUX
ftr-485	486	8	"	"	PUNCT
ftr-485	486	9	constructively	constructively	ADV
ftr-485	486	10	received	receive	VERB
ftr-485	486	11	"	"	PUNCT
ftr-485	486	12	in	in	ADP
ftr-485	486	13	that	that	DET
ftr-485	486	14	case	case	NOUN
ftr-485	486	15	,	,	PUNCT
ftr-485	486	16	and	and	CCONJ
ftr-485	486	17	thus	thus	ADV
ftr-485	486	18	there	there	PRON
ftr-485	486	19	was	be	VERB
ftr-485	486	20	the	the	DET
ftr-485	486	21	requisite	requisite	ADJ
ftr-485	486	22	control	control	NOUN
ftr-485	486	23	for	for	ADP
ftr-485	486	24	the	the	DET
ftr-485	486	25	withholding	withholding	NOUN
ftr-485	486	26	obligation	obligation	NOUN
ftr-485	486	27	of	of	ADP
ftr-485	486	28	§	§	PROPN
ftr-485	486	29	1441(a	1441(a	NUM
ftr-485	486	30	)	)	PUNCT
ftr-485	486	31	to	to	PART
ftr-485	486	32	apply	apply	VERB
ftr-485	486	33	.	.	PUNCT
ftr-485	487	1	i	i	PRON
ftr-485	487	2	d.	d.	PROPN
ftr-485	487	3	at	at	ADP
ftr-485	487	4	393	393	NUM
ftr-485	487	5	.	.	PUNCT
ftr-485	488	1	presumably	presumably	ADV
ftr-485	488	2	,	,	PUNCT
ftr-485	488	3	there	there	PRON
ftr-485	488	4	could	could	AUX
ftr-485	488	5	be	be	AUX
ftr-485	488	6	a	a	DET
ftr-485	488	7	"	"	PUNCT
ftr-485	488	8	constructive	constructive	ADJ
ftr-485	488	9	payment	payment	NOUN
ftr-485	488	10	"	"	PUNCT
ftr-485	488	11	made	make	VERB
ftr-485	488	12	by	by	ADP
ftr-485	488	13	u.s	u.s	PROPN
ftr-485	488	14	.	.	PROPN
ftr-485	488	15	counterparty	counterparty	PROPN
ftr-485	488	16	n	n	X
ftr-485	488	17	which	which	PRON
ftr-485	488	18	would	would	AUX
ftr-485	488	19	also	also	ADV
ftr-485	488	20	trigger	trigger	VERB
ftr-485	488	21	§	§	PROPN
ftr-485	488	22	1441	1441	NUM
ftr-485	488	23	.	.	PUNCT
ftr-485	489	1	with	with	ADP
ftr-485	489	2	the	the	DET
ftr-485	489	3	opportunity	opportunity	NOUN
ftr-485	489	4	in	in	ADP
ftr-485	489	5	1994	1994	NUM
ftr-485	489	6	to	to	PART
ftr-485	489	7	again	again	ADV
ftr-485	489	8	address	address	VERB
ftr-485	489	9	the	the	DET
ftr-485	489	10	issue	issue	NOUN
ftr-485	489	11	of	of	ADP
ftr-485	489	12	what	what	DET
ftr-485	489	13	degree	degree	NOUN
ftr-485	489	14	of	of	ADP
ftr-485	489	15	"	"	PUNCT
ftr-485	489	16	payment	payment	NOUN
ftr-485	489	17	"	"	PUNCT
ftr-485	489	18	is	be	AUX
ftr-485	489	19	necessary	necessary	ADJ
ftr-485	489	20	for	for	ADP
ftr-485	489	21	§	§	PROPN
ftr-485	489	22	§	§	PROPN
ftr-485	489	23	1441	1441	NUM
ftr-485	489	24	and	and	CCONJ
ftr-485	489	25	1442	1442	NUM
ftr-485	489	26	withholding	withholding	NOUN
ftr-485	489	27	purposes	purpose	NOUN
ftr-485	489	28	,	,	PUNCT
ftr-485	489	29	the	the	DET
ftr-485	489	30	tax	tax	NOUN
ftr-485	489	31	court	court	NOUN
ftr-485	489	32	reserved	reserve	VERB
ftr-485	489	33	judgment	judgment	NOUN
ftr-485	489	34	on	on	ADP
ftr-485	489	35	whether	whether	SCONJ
ftr-485	489	36	a	a	DET
ftr-485	489	37	deemed	deem	VERB
ftr-485	489	38	payment	payment	NOUN
ftr-485	489	39	under	under	ADP
ftr-485	489	40	§	§	PROPN
ftr-485	489	41	482	482	NUM
ftr-485	489	42	triggers	trigger	NOUN
ftr-485	489	43	the	the	DET
ftr-485	489	44	withholding	withholding	NOUN
ftr-485	489	45	obligation	obligation	NOUN
ftr-485	489	46	.	.	PUNCT
ftr-485	490	1	central	central	PROPN
ftr-485	490	2	de	de	X
ftr-485	490	3	gas	gas	X
ftr-485	490	4	de	de	X
ftr-485	490	5	chihuahua	chihuahua	PROPN
ftr-485	490	6	,	,	PUNCT
ftr-485	490	7	s.a	s.a	PROPN
ftr-485	490	8	.	.	PROPN
ftr-485	491	1	v.	v.	PROPN
ftr-485	491	2	commissioner	commissioner	PROPN
ftr-485	491	3	,	,	PUNCT
ftr-485	491	4	102	102	NUM
ftr-485	491	5	t.c	t.c	PROPN
ftr-485	491	6	.	.	PROPN
ftr-485	491	7	515	515	NUM
ftr-485	491	8	,	,	PUNCT
ftr-485	491	9	519	519	NUM
ftr-485	491	10	(	(	PUNCT
ftr-485	491	11	1994	1994	NUM
ftr-485	491	12	)	)	PUNCT
ftr-485	491	13	.	.	PUNCT
ftr-485	492	1	although	although	SCONJ
ftr-485	492	2	arguably	arguably	ADV
ftr-485	492	3	limiting	limit	VERB
ftr-485	492	4	slightly	slightly	ADV
ftr-485	492	5	the	the	DET
ftr-485	492	6	scope	scope	NOUN
ftr-485	492	7	of	of	ADP
ftr-485	492	8	casa	casa	PROPN
ftr-485	492	9	de	de	PROPN
ftr-485	492	10	la	la	PROPN
ftr-485	492	11	jolla	jolla	PROPN
ftr-485	492	12	park	park	PROPN
ftr-485	492	13	,	,	PUNCT
ftr-485	492	14	the	the	DET
ftr-485	492	15	overall	overall	ADJ
ftr-485	492	16	tenor	tenor	NOUN
ftr-485	492	17	of	of	ADP
ftr-485	492	18	the	the	DET
ftr-485	492	19	decision	decision	NOUN
ftr-485	492	20	is	be	AUX
ftr-485	492	21	that	that	DET
ftr-485	492	22	with[vol	with[vol	NOUN
ftr-485	492	23	2:11	2:11	NUM
ftr-485	492	24	the	the	DET
ftr-485	492	25	recharacterization	recharacterization	NOUN
ftr-485	492	26	of	of	ADP
ftr-485	492	27	cross	cross	ADJ
ftr-485	492	28	-	-	ADJ
ftr-485	492	29	border	border	ADJ
ftr-485	492	30	interest	interest	NOUN
ftr-485	492	31	rate	rate	NOUN
ftr-485	492	32	swaps	swap	NOUN
ftr-485	492	33	sum	sum	NOUN
ftr-485	492	34	,	,	PUNCT
ftr-485	492	35	even	even	ADV
ftr-485	492	36	if	if	SCONJ
ftr-485	492	37	the	the	DET
ftr-485	492	38	cash	cash	NOUN
ftr-485	492	39	flow	flow	NOUN
ftr-485	492	40	deviates	deviate	VERB
ftr-485	492	41	greatly	greatly	ADV
ftr-485	492	42	from	from	ADP
ftr-485	492	43	the	the	DET
ftr-485	492	44	amortization	amortization	NOUN
ftr-485	492	45	schedule	schedule	NOUN
ftr-485	492	46	,	,	PUNCT
ftr-485	492	47	a	a	DET
ftr-485	492	48	counterparty	counterparty	NOUN
ftr-485	492	49	acts	act	VERB
ftr-485	492	50	at	at	ADP
ftr-485	492	51	its	its	PRON
ftr-485	492	52	peril	peril	NOUN
ftr-485	492	53	in	in	ADP
ftr-485	492	54	failing	fail	VERB
ftr-485	492	55	to	to	PART
ftr-485	492	56	withhold	withhold	VERB
ftr-485	492	57	based	base	VERB
ftr-485	492	58	on	on	ADP
ftr-485	492	59	the	the	DET
ftr-485	492	60	interest	interest	NOUN
ftr-485	492	61	amounts	amount	NOUN
ftr-485	492	62	prescribed	prescribe	VERB
ftr-485	492	63	by	by	ADP
ftr-485	492	64	the	the	DET
ftr-485	492	65	schedule	schedule	NOUN
ftr-485	492	66	.	.	PUNCT
ftr-485	493	1	thus	thus	ADV
ftr-485	493	2	far	far	ADV
ftr-485	493	3	,	,	PUNCT
ftr-485	493	4	the	the	DET
ftr-485	493	5	"	"	PUNCT
ftr-485	493	6	time	time	NOUN
ftr-485	493	7	value	value	NOUN
ftr-485	493	8	component	component	NOUN
ftr-485	493	9	associated	associate	VERB
ftr-485	493	10	with	with	ADP
ftr-485	493	11	the	the	DET
ftr-485	493	12	loan	loan	NOUN
ftr-485	493	13	"	"	PUNCT
ftr-485	493	14	has	have	AUX
ftr-485	493	15	been	be	AUX
ftr-485	493	16	discussed	discuss	VERB
ftr-485	493	17	simply	simply	ADV
ftr-485	493	18	as	as	SCONJ
ftr-485	493	19	"	"	PUNCT
ftr-485	493	20	interest"-as	interest"-as	PROPN
ftr-485	493	21	the	the	DET
ftr-485	493	22	regulations	regulation	NOUN
ftr-485	493	23	refer	refer	VERB
ftr-485	493	24	to	to	ADP
ftr-485	493	25	it.7	it.7	PROPN
ftr-485	493	26	the	the	DET
ftr-485	493	27	repayment	repayment	NOUN
ftr-485	493	28	schedule	schedule	NOUN
ftr-485	493	29	for	for	ADP
ftr-485	493	30	the	the	DET
ftr-485	493	31	recharacterized	recharacterize	VERB
ftr-485	493	32	significant	significant	ADJ
ftr-485	493	33	nonperiodic	nonperiodic	ADJ
ftr-485	493	34	payment	payment	NOUN
ftr-485	493	35	in	in	ADP
ftr-485	493	36	the	the	DET
ftr-485	493	37	example	example	NOUN
ftr-485	493	38	,	,	PUNCT
ftr-485	493	39	though	though	ADV
ftr-485	493	40	,	,	PUNCT
ftr-485	493	41	is	be	AUX
ftr-485	493	42	similar	similar	ADJ
ftr-485	493	43	to	to	ADP
ftr-485	493	44	that	that	PRON
ftr-485	493	45	for	for	ADP
ftr-485	493	46	indebtedness	indebtedness	NOUN
ftr-485	493	47	(	(	PUNCT
ftr-485	493	48	a	a	DET
ftr-485	493	49	bond	bond	NOUN
ftr-485	493	50	)	)	PUNCT
ftr-485	493	51	with	with	ADP
ftr-485	493	52	original	original	ADJ
ftr-485	493	53	issue	issue	NOUN
ftr-485	493	54	discount	discount	NOUN
ftr-485	493	55	interest	interest	NOUN
ftr-485	493	56	(	(	PUNCT
ftr-485	493	57	oid).8	oid).8	NUM
ftr-485	493	58	however	however	ADV
ftr-485	493	59	,	,	PUNCT
ftr-485	493	60	since	since	SCONJ
ftr-485	493	61	the	the	DET
ftr-485	493	62	"	"	PUNCT
ftr-485	493	63	loan	loan	NOUN
ftr-485	493	64	principal	principal	NOUN
ftr-485	493	65	"	"	PUNCT
ftr-485	493	66	may	may	AUX
ftr-485	493	67	fluctuate	fluctuate	VERB
ftr-485	493	68	with	with	ADP
ftr-485	493	69	the	the	DET
ftr-485	493	70	market	market	NOUN
ftr-485	493	71	interest	interest	NOUN
ftr-485	493	72	rate	rate	NOUN
ftr-485	493	73	,	,	PUNCT
ftr-485	493	74	the	the	DET
ftr-485	493	75	time	time	NOUN
ftr-485	493	76	value	value	NOUN
ftr-485	493	77	component	component	NOUN
ftr-485	493	78	is	be	AUX
ftr-485	493	79	not	not	PART
ftr-485	493	80	really	really	ADV
ftr-485	493	81	oid	oid	VERB
ftr-485	493	82	.	.	PUNCT
ftr-485	494	1	with	with	ADP
ftr-485	494	2	old	old	ADJ
ftr-485	494	3	,	,	PUNCT
ftr-485	494	4	the	the	DET
ftr-485	494	5	stated	state	VERB
ftr-485	494	6	redemption	redemption	NOUN
ftr-485	494	7	price	price	NOUN
ftr-485	494	8	at	at	ADP
ftr-485	494	9	maturity	maturity	NOUN
ftr-485	494	10	(	(	PUNCT
ftr-485	494	11	corresponding	correspond	VERB
ftr-485	494	12	to	to	ADP
ftr-485	494	13	the	the	DET
ftr-485	494	14	embedded	embed	VERB
ftr-485	494	15	loan	loan	NOUN
ftr-485	494	16	principal	principal	NOUN
ftr-485	494	17	plus	plus	CCONJ
ftr-485	494	18	interest	interest	NOUN
ftr-485	494	19	in	in	ADP
ftr-485	494	20	the	the	DET
ftr-485	494	21	swap	swap	NOUN
ftr-485	494	22	context	context	NOUN
ftr-485	494	23	)	)	PUNCT
ftr-485	494	24	is	be	AUX
ftr-485	494	25	an	an	DET
ftr-485	494	26	amount	amount	NOUN
ftr-485	494	27	to	to	PART
ftr-485	494	28	which	which	PRON
ftr-485	494	29	the	the	DET
ftr-485	494	30	lender	lender	NOUN
ftr-485	494	31	is	be	AUX
ftr-485	494	32	contractually	contractually	ADV
ftr-485	494	33	entitled	entitle	VERB
ftr-485	494	34	.	.	PUNCT
ftr-485	494	35	"	"	PUNCT
ftr-485	495	1	the	the	DET
ftr-485	495	2	potentially	potentially	ADV
ftr-485	495	3	unstable	unstable	ADJ
ftr-485	495	4	nature	nature	NOUN
ftr-485	495	5	of	of	ADP
ftr-485	495	6	the	the	DET
ftr-485	495	7	time	time	NOUN
ftr-485	495	8	value	value	NOUN
ftr-485	495	9	component	component	NOUN
ftr-485	495	10	in	in	ADP
ftr-485	495	11	a	a	DET
ftr-485	495	12	recharacterized	recharacterize	VERB
ftr-485	495	13	nonperiodic	nonperiodic	ADJ
ftr-485	495	14	payment	payment	NOUN
ftr-485	495	15	illustrates	illustrate	VERB
ftr-485	495	16	concerns	concern	NOUN
ftr-485	495	17	highlighted	highlight	VERB
ftr-485	495	18	by	by	ADP
ftr-485	495	19	professor	professor	PROPN
ftr-485	495	20	alvin	alvin	PROPN
ftr-485	495	21	warren	warren	PROPN
ftr-485	495	22	-	-	PUNCT
ftr-485	495	23	that	that	SCONJ
ftr-485	495	24	financial	financial	ADJ
ftr-485	495	25	derivatives	derivative	NOUN
ftr-485	495	26	pose	pose	VERB
ftr-485	495	27	severe	severe	ADJ
ftr-485	495	28	difficulties	difficulty	NOUN
ftr-485	495	29	for	for	ADP
ftr-485	495	30	the	the	DET
ftr-485	495	31	u.s	u.s	PROPN
ftr-485	495	32	.	.	PROPN
ftr-485	495	33	realization	realization	NOUN
ftr-485	495	34	-	-	PUNCT
ftr-485	495	35	based	base	VERB
ftr-485	495	36	income	income	NOUN
ftr-485	495	37	tax	tax	NOUN
ftr-485	495	38	system	system	NOUN
ftr-485	495	39	because	because	SCONJ
ftr-485	495	40	of	of	ADP
ftr-485	495	41	the	the	DET
ftr-485	495	42	reliance	reliance	NOUN
ftr-485	495	43	on	on	ADP
ftr-485	495	44	the	the	DET
ftr-485	495	45	distinction	distinction	NOUN
ftr-485	495	46	between	between	ADP
ftr-485	495	47	fixed	fix	VERB
ftr-485	495	48	and	and	CCONJ
ftr-485	495	49	contingent	contingent	ADJ
ftr-485	495	50	payments	payment	NOUN
ftr-485	495	51	.	.	PUNCT
ftr-485	495	52	'	'	PUNCT
ftr-485	496	1	however	however	ADV
ftr-485	496	2	,	,	PUNCT
ftr-485	496	3	these	these	DET
ftr-485	496	4	concerns	concern	NOUN
ftr-485	496	5	have	have	AUX
ftr-485	496	6	not	not	PART
ftr-485	496	7	been	be	AUX
ftr-485	496	8	fully	fully	ADV
ftr-485	496	9	addressed	address	VERB
ftr-485	496	10	in	in	ADP
ftr-485	496	11	the	the	DET
ftr-485	496	12	policy	policy	NOUN
ftr-485	496	13	behind	behind	ADP
ftr-485	496	14	recharacterization	recharacterization	NOUN
ftr-485	496	15	.	.	PUNCT
ftr-485	497	1	because	because	SCONJ
ftr-485	497	2	the	the	DET
ftr-485	497	3	"	"	PUNCT
ftr-485	497	4	principal	principal	NOUN
ftr-485	497	5	"	"	PUNCT
ftr-485	497	6	of	of	ADP
ftr-485	497	7	the	the	DET
ftr-485	497	8	embedded	embed	VERB
ftr-485	497	9	loan	loan	NOUN
ftr-485	497	10	and	and	CCONJ
ftr-485	497	11	deemed	deem	VERB
ftr-485	497	12	interest	interest	NOUN
ftr-485	497	13	can	can	AUX
ftr-485	497	14	fluctuate	fluctuate	VERB
ftr-485	497	15	,	,	PUNCT
ftr-485	497	16	return	return	NOUN
ftr-485	497	17	of	of	ADP
ftr-485	497	18	,	,	PUNCT
ftr-485	497	19	and	and	CCONJ
ftr-485	497	20	on	on	ADV
ftr-485	497	21	,	,	PUNCT
ftr-485	497	22	the	the	DET
ftr-485	497	23	embedded	embed	VERB
ftr-485	497	24	loan	loan	NOUN
ftr-485	497	25	portion	portion	NOUN
ftr-485	497	26	of	of	ADP
ftr-485	497	27	the	the	DET
ftr-485	497	28	swap	swap	NOUN
ftr-485	497	29	is	be	AUX
ftr-485	497	30	a	a	DET
ftr-485	497	31	contingent	contingent	ADJ
ftr-485	497	32	return	return	NOUN
ftr-485	497	33	,	,	PUNCT
ftr-485	497	34	not	not	PART
ftr-485	497	35	a	a	DET
ftr-485	497	36	fixed	fix	VERB
ftr-485	497	37	return	return	NOUN
ftr-485	497	38	.	.	PUNCT
ftr-485	498	1	generally	generally	ADV
ftr-485	498	2	,	,	PUNCT
ftr-485	498	3	contingent	contingent	ADJ
ftr-485	498	4	returns	return	NOUN
ftr-485	498	5	are	be	AUX
ftr-485	498	6	not	not	PART
ftr-485	498	7	taxed	tax	VERB
ftr-485	498	8	until	until	ADP
ftr-485	498	9	disposition	disposition	NOUN
ftr-485	498	10	of	of	ADP
ftr-485	498	11	the	the	DET
ftr-485	498	12	asset	asset	NOUN
ftr-485	498	13	.	.	PUNCT
ftr-485	499	1	as	as	SCONJ
ftr-485	499	2	professor	professor	PROPN
ftr-485	499	3	warren	warren	PROPN
ftr-485	499	4	says	say	VERB
ftr-485	499	5	,	,	PUNCT
ftr-485	499	6	"	"	PUNCT
ftr-485	499	7	the	the	DET
ftr-485	499	8	rationale	rationale	NOUN
ftr-485	499	9	for	for	ADP
ftr-485	499	10	this	this	DET
ftr-485	499	11	result	result	NOUN
ftr-485	499	12	is	be	AUX
ftr-485	499	13	straightforward	straightforward	ADJ
ftr-485	499	14	:	:	PUNCT
ftr-485	499	15	whether	whether	SCONJ
ftr-485	499	16	or	or	CCONJ
ftr-485	499	17	not	not	PART
ftr-485	499	18	any	any	DET
ftr-485	499	19	payments	payment	NOUN
ftr-485	499	20	will	will	AUX
ftr-485	499	21	be	be	AUX
ftr-485	499	22	received	receive	VERB
ftr-485	499	23	is	be	AUX
ftr-485	499	24	uncertain	uncertain	ADJ
ftr-485	499	25	.	.	PUNCT
ftr-485	500	1	"83	"83	PUNCT
ftr-485	501	1	a	a	DET
ftr-485	501	2	swap	swap	NOUN
ftr-485	501	3	does	do	AUX
ftr-485	501	4	not	not	PART
ftr-485	501	5	provide	provide	VERB
ftr-485	501	6	fixed	fixed	ADJ
ftr-485	501	7	returns	return	NOUN
ftr-485	501	8	,	,	PUNCT
ftr-485	501	9	thus	thus	ADV
ftr-485	501	10	underscoring	underscore	VERB
ftr-485	501	11	that	that	SCONJ
ftr-485	501	12	a	a	DET
ftr-485	501	13	recharacterized	recharacterized	ADJ
ftr-485	501	14	nonperiodic	nonperiodic	ADJ
ftr-485	501	15	payment	payment	NOUN
ftr-485	501	16	is	be	AUX
ftr-485	501	17	not	not	PART
ftr-485	501	18	really	really	ADV
ftr-485	501	19	either	either	CCONJ
ftr-485	501	20	a	a	DET
ftr-485	501	21	fixedholding	fixedholding	NOUN
ftr-485	501	22	is	be	AUX
ftr-485	501	23	necessary	necessary	ADJ
ftr-485	501	24	to	to	PART
ftr-485	501	25	support	support	VERB
ftr-485	501	26	§	§	PROPN
ftr-485	501	27	482	482	NUM
ftr-485	501	28	transfer	transfer	NOUN
ftr-485	501	29	pricing	pricing	NOUN
ftr-485	501	30	adjustments	adjustment	NOUN
ftr-485	501	31	.	.	PUNCT
ftr-485	502	1	as	as	SCONJ
ftr-485	502	2	no	no	DET
ftr-485	502	3	payments	payment	NOUN
ftr-485	502	4	are	be	AUX
ftr-485	502	5	actually	actually	ADV
ftr-485	502	6	made	make	VERB
ftr-485	502	7	under	under	ADP
ftr-485	502	8	§	§	PROPN
ftr-485	502	9	482	482	NUM
ftr-485	502	10	to	to	PART
ftr-485	502	11	withhold	withhold	VERB
ftr-485	502	12	from	from	ADP
ftr-485	502	13	,	,	PUNCT
ftr-485	502	14	the	the	DET
ftr-485	502	15	rationale	rationale	NOUN
ftr-485	502	16	is	be	AUX
ftr-485	502	17	applicable	applicable	ADJ
ftr-485	502	18	to	to	ADP
ftr-485	502	19	the	the	DET
ftr-485	502	20	"	"	PUNCT
ftr-485	502	21	interest	interest	NOUN
ftr-485	502	22	paid	pay	VERB
ftr-485	502	23	"	"	PUNCT
ftr-485	502	24	under	under	ADP
ftr-485	502	25	an	an	DET
ftr-485	502	26	off	off	ADJ
ftr-485	502	27	-	-	PUNCT
ftr-485	502	28	market	market	NOUN
ftr-485	502	29	swap	swap	NOUN
ftr-485	502	30	.	.	PUNCT
ftr-485	503	1	the	the	DET
ftr-485	503	2	one	one	NUM
ftr-485	503	3	difference	difference	NOUN
ftr-485	503	4	is	be	AUX
ftr-485	503	5	that	that	SCONJ
ftr-485	503	6	there	there	PRON
ftr-485	503	7	are	be	VERB
ftr-485	503	8	no	no	DET
ftr-485	503	9	payments	payment	NOUN
ftr-485	503	10	of	of	ADP
ftr-485	503	11	any	any	DET
ftr-485	503	12	kind	kind	NOUN
ftr-485	503	13	made	make	VERB
ftr-485	503	14	under	under	ADP
ftr-485	503	15	§	§	PROPN
ftr-485	503	16	482	482	NUM
ftr-485	503	17	allocations	allocation	NOUN
ftr-485	503	18	,	,	PUNCT
ftr-485	503	19	while	while	SCONJ
ftr-485	503	20	in	in	ADP
ftr-485	503	21	the	the	DET
ftr-485	503	22	embedded	embed	VERB
ftr-485	503	23	loan	loan	NOUN
ftr-485	503	24	context	context	NOUN
ftr-485	503	25	there	there	PRON
ftr-485	503	26	are	be	VERB
ftr-485	503	27	generally	generally	ADV
ftr-485	503	28	payments	payment	NOUN
ftr-485	503	29	made	make	VERB
ftr-485	503	30	,	,	PUNCT
ftr-485	503	31	albeit	albeit	SCONJ
ftr-485	503	32	of	of	ADP
ftr-485	503	33	swap	swap	NOUN
ftr-485	503	34	income	income	NOUN
ftr-485	503	35	.	.	PUNCT
ftr-485	504	1	thus	thus	ADV
ftr-485	504	2	,	,	PUNCT
ftr-485	504	3	if	if	SCONJ
ftr-485	504	4	withholding	withholding	NOUN
ftr-485	504	5	could	could	AUX
ftr-485	504	6	be	be	AUX
ftr-485	504	7	required	require	VERB
ftr-485	504	8	when	when	SCONJ
ftr-485	504	9	no	no	DET
ftr-485	504	10	cash	cash	NOUN
ftr-485	504	11	at	at	ADP
ftr-485	504	12	all	all	PRON
ftr-485	504	13	changes	change	NOUN
ftr-485	504	14	hands	hand	NOUN
ftr-485	504	15	under	under	ADP
ftr-485	504	16	§	§	PROPN
ftr-485	504	17	482	482	NUM
ftr-485	504	18	,	,	PUNCT
ftr-485	504	19	it	it	PRON
ftr-485	504	20	is	be	AUX
ftr-485	504	21	even	even	ADV
ftr-485	504	22	more	more	ADV
ftr-485	504	23	likely	likely	ADJ
ftr-485	504	24	that	that	SCONJ
ftr-485	504	25	withholding	withholding	NOUN
ftr-485	504	26	is	be	AUX
ftr-485	504	27	required	require	VERB
ftr-485	504	28	in	in	ADP
ftr-485	504	29	the	the	DET
ftr-485	504	30	embedded	embed	VERB
ftr-485	504	31	loan	loan	NOUN
ftr-485	504	32	context	context	NOUN
ftr-485	504	33	since	since	SCONJ
ftr-485	504	34	there	there	PRON
ftr-485	504	35	is	be	VERB
ftr-485	504	36	generally	generally	ADV
ftr-485	504	37	some	some	DET
ftr-485	504	38	cash	cash	NOUN
ftr-485	504	39	exchanged	exchange	VERB
ftr-485	504	40	.	.	PUNCT
ftr-485	505	1	for	for	ADP
ftr-485	505	2	a	a	DET
ftr-485	505	3	discussion	discussion	NOUN
ftr-485	505	4	of	of	ADP
ftr-485	505	5	this	this	DET
ftr-485	505	6	case	case	NOUN
ftr-485	505	7	,	,	PUNCT
ftr-485	505	8	though	though	SCONJ
ftr-485	505	9	generally	generally	ADV
ftr-485	505	10	disagreeing	disagree	VERB
ftr-485	505	11	with	with	ADP
ftr-485	505	12	its	its	PRON
ftr-485	505	13	holding	holding	NOUN
ftr-485	505	14	,	,	PUNCT
ftr-485	505	15	see	see	VERB
ftr-485	505	16	richard	richard	PROPN
ftr-485	505	17	c.	c.	PROPN
ftr-485	505	18	stark	stark	PROPN
ftr-485	505	19	&	&	CCONJ
ftr-485	505	20	michael	michael	PROPN
ftr-485	505	21	e.	e.	PROPN
ftr-485	505	22	baillif	baillif	PROPN
ftr-485	505	23	.	.	PUNCT
ftr-485	506	1	do	do	AUX
ftr-485	506	2	section	section	NOUN
ftr-485	506	3	482	482	NUM
ftr-485	506	4	allocations	allocation	NOUN
ftr-485	506	5	to	to	ADP
ftr-485	506	6	foreign	foreign	ADJ
ftr-485	506	7	entities	entity	NOUN
ftr-485	506	8	trigger	trigger	VERB
ftr-485	506	9	a	a	DET
ftr-485	506	10	withholding	withholding	NOUN
ftr-485	506	11	obligation	obligation	NOUN
ftr-485	506	12	?	?	PUNCT
ftr-485	507	1	82	82	NUM
ftr-485	508	1	j.	j.	PROPN
ftr-485	508	2	tax'n	tax'n	PROPN
ftr-485	508	3	178	178	NUM
ftr-485	508	4	(	(	PUNCT
ftr-485	508	5	1995j	1995j	NUM
ftr-485	508	6	.	.	PUNCT
ftr-485	509	1	79	79	NUM
ftr-485	509	2	.	.	PUNCT
ftr-485	509	3	regs	regs	PROPN
ftr-485	509	4	.	.	PUNCT
ftr-485	510	1	§	§	PROPN
ftr-485	510	2	1.446	1.446	NUM
ftr-485	510	3	-	-	SYM
ftr-485	510	4	3(g)(4	3(g)(4	NUM
ftr-485	510	5	)	)	PUNCT
ftr-485	510	6	.	.	PUNCT
ftr-485	511	1	80	80	NUM
ftr-485	511	2	.	.	PUNCT
ftr-485	512	1	oid	oid	NOUN
ftr-485	512	2	is	be	AUX
ftr-485	512	3	the	the	DET
ftr-485	512	4	difference	difference	NOUN
ftr-485	512	5	between	between	ADP
ftr-485	512	6	the	the	DET
ftr-485	512	7	issue	issue	NOUN
ftr-485	512	8	price	price	NOUN
ftr-485	512	9	of	of	ADP
ftr-485	512	10	a	a	DET
ftr-485	512	11	debt	debt	NOUN
ftr-485	512	12	instrument	instrument	NOUN
ftr-485	512	13	and	and	CCONJ
ftr-485	512	14	its	its	PRON
ftr-485	512	15	stated	state	VERB
ftr-485	512	16	redemption	redemption	NOUN
ftr-485	512	17	price	price	NOUN
ftr-485	512	18	at	at	ADP
ftr-485	512	19	maturity	maturity	NOUN
ftr-485	512	20	.	.	PUNCT
ftr-485	513	1	irc	irc	PROPN
ftr-485	513	2	§	§	PROPN
ftr-485	513	3	1273(a)(i	1273(a)(i	NUM
ftr-485	513	4	)	)	PUNCT
ftr-485	513	5	.	.	PUNCT
ftr-485	514	1	81	81	NUM
ftr-485	514	2	.	.	PUNCT
ftr-485	515	1	for	for	ADP
ftr-485	515	2	odd	odd	ADJ
ftr-485	515	3	purposes	purpose	NOUN
ftr-485	515	4	,	,	PUNCT
ftr-485	515	5	"	"	PUNCT
ftr-485	515	6	the	the	DET
ftr-485	515	7	term	term	NOUN
ftr-485	515	8	'	'	PUNCT
ftr-485	515	9	debt	debt	NOUN
ftr-485	515	10	instrument	instrument	NOUN
ftr-485	515	11	'	'	PUNCT
ftr-485	515	12	means	mean	VERB
ftr-485	515	13	a	a	DET
ftr-485	515	14	bond	bond	NOUN
ftr-485	515	15	,	,	PUNCT
ftr-485	515	16	debenture	debenture	NOUN
ftr-485	515	17	,	,	PUNCT
ftr-485	515	18	note	note	NOUN
ftr-485	515	19	,	,	PUNCT
ftr-485	515	20	or	or	CCONJ
ftr-485	515	21	certificate	certificate	NOUN
ftr-485	515	22	or	or	CCONJ
ftr-485	515	23	other	other	ADJ
ftr-485	515	24	evidence	evidence	NOUN
ftr-485	515	25	of	of	ADP
ftr-485	515	26	indebtedness	indebtedness	NOUN
ftr-485	515	27	.	.	PUNCT
ftr-485	515	28	"	"	PUNCT
ftr-485	516	1	irc	irc	ADV
ftr-485	516	2	§	§	PROPN
ftr-485	516	3	1275(a	1275(a	NUM
ftr-485	516	4	)	)	PUNCT
ftr-485	516	5	.	.	PUNCT
ftr-485	517	1	yet	yet	ADV
ftr-485	517	2	,	,	PUNCT
ftr-485	517	3	indebtedness	indebtedness	NOUN
ftr-485	517	4	is	be	AUX
ftr-485	517	5	an	an	DET
ftr-485	517	6	unconditional	unconditional	ADJ
ftr-485	517	7	,	,	PUNCT
ftr-485	517	8	reasonably	reasonably	ADV
ftr-485	517	9	ascertainable	ascertainable	ADJ
ftr-485	517	10	and	and	CCONJ
ftr-485	517	11	legally	legally	ADV
ftr-485	517	12	enforceable	enforceable	ADJ
ftr-485	517	13	obligation	obligation	NOUN
ftr-485	517	14	for	for	ADP
ftr-485	517	15	the	the	DET
ftr-485	517	16	payment	payment	NOUN
ftr-485	517	17	of	of	ADP
ftr-485	517	18	money	money	NOUN
ftr-485	517	19	.	.	PUNCT
ftr-485	518	1	see	see	VERB
ftr-485	518	2	autenreit	autenreit	PROPN
ftr-485	518	3	v.	v.	PROPN
ftr-485	518	4	commissioner	commissioner	NOUN
ftr-485	518	5	,	,	PUNCT
ftr-485	518	6	115	115	NUM
ftr-485	518	7	f.2d	f.2d	SYM
ftr-485	518	8	856	856	NUM
ftr-485	518	9	(	(	PUNCT
ftr-485	518	10	3rd	3rd	NOUN
ftr-485	518	11	.	.	PUNCT
ftr-485	519	1	cir	cir	NOUN
ftr-485	519	2	.	.	PUNCT
ftr-485	520	1	1940	1940	NUM
ftr-485	520	2	)	)	PUNCT
ftr-485	520	3	.	.	PUNCT
ftr-485	521	1	as	as	SCONJ
ftr-485	521	2	seen	see	VERB
ftr-485	521	3	.	.	PUNCT
ftr-485	522	1	n	n	PRON
ftr-485	522	2	does	do	AUX
ftr-485	522	3	not	not	PART
ftr-485	522	4	owe	owe	VERB
ftr-485	522	5	m	m	PRON
ftr-485	522	6	anything	anything	PRON
ftr-485	522	7	meeting	meet	VERB
ftr-485	522	8	this	this	DET
ftr-485	522	9	definition	definition	NOUN
ftr-485	522	10	.	.	PUNCT
ftr-485	523	1	82	82	X
ftr-485	523	2	.	.	PUNCT
ftr-485	524	1	see	see	VERB
ftr-485	524	2	warren	warren	PROPN
ftr-485	524	3	,	,	PUNCT
ftr-485	524	4	supra	supra	PROPN
ftr-485	524	5	note	note	NOUN
ftr-485	524	6	5	5	NUM
ftr-485	524	7	.	.	NOUN
ftr-485	524	8	83	83	NUM
ftr-485	524	9	.	.	PUNCT
ftr-485	525	1	i	i	PRON
ftr-485	525	2	d.	d.	PROPN
ftr-485	525	3	at	at	ADP
ftr-485	525	4	463	463	NUM
ftr-485	525	5	.	.	PUNCT
ftr-485	525	6	19951	19951	NUM
ftr-485	526	1	florida	florida	PROPN
ftr-485	526	2	tax	tax	PROPN
ftr-485	526	3	review	review	NOUN
ftr-485	526	4	return	return	VERB
ftr-485	526	5	asset	asset	NOUN
ftr-485	526	6	or	or	CCONJ
ftr-485	526	7	a	a	DET
ftr-485	526	8	contingent	contingent	ADJ
ftr-485	526	9	-	-	PUNCT
ftr-485	526	10	payment	payment	NOUN
ftr-485	526	11	asset	asset	NOUN
ftr-485	526	12	as	as	SCONJ
ftr-485	526	13	traditionally	traditionally	ADV
ftr-485	526	14	conceived	conceive	VERB
ftr-485	526	15	.	.	PUNCT
ftr-485	527	1	professor	professor	NOUN
ftr-485	527	2	warren	warren	PROPN
ftr-485	527	3	is	be	AUX
ftr-485	527	4	correct	correct	ADJ
ftr-485	527	5	in	in	ADP
ftr-485	527	6	saying	say	VERB
ftr-485	527	7	that	that	SCONJ
ftr-485	527	8	in	in	ADP
ftr-485	527	9	order	order	NOUN
ftr-485	527	10	to	to	PART
ftr-485	527	11	respond	respond	VERB
ftr-485	527	12	to	to	ADP
ftr-485	527	13	new	new	ADJ
ftr-485	527	14	financial	financial	ADJ
ftr-485	527	15	products	product	NOUN
ftr-485	527	16	,	,	PUNCT
ftr-485	527	17	income	income	NOUN
ftr-485	527	18	tax	tax	NOUN
ftr-485	527	19	policy	policy	NOUN
ftr-485	527	20	must	must	AUX
ftr-485	527	21	develop	develop	VERB
ftr-485	527	22	to	to	PART
ftr-485	527	23	reduce	reduce	VERB
ftr-485	527	24	this	this	DET
ftr-485	527	25	reliance	reliance	NOUN
ftr-485	527	26	on	on	ADP
ftr-485	527	27	the	the	DET
ftr-485	527	28	fixed	fix	VERB
ftr-485	527	29	return	return	NOUN
ftr-485	527	30	/	/	SYM
ftr-485	527	31	contingent	contingent	NOUN
ftr-485	527	32	return	return	NOUN
ftr-485	527	33	distinction	distinction	NOUN
ftr-485	527	34	.	.	PUNCT
ftr-485	527	35	'	'	PUNCT
ftr-485	528	1	aware	aware	ADJ
ftr-485	528	2	of	of	ADP
ftr-485	528	3	such	such	ADJ
ftr-485	528	4	actual	actual	ADJ
ftr-485	528	5	and	and	CCONJ
ftr-485	528	6	potential	potential	ADJ
ftr-485	528	7	problems	problem	NOUN
ftr-485	528	8	with	with	ADP
ftr-485	528	9	a	a	DET
ftr-485	528	10	variety	variety	NOUN
ftr-485	528	11	of	of	ADP
ftr-485	528	12	contingent	contingent	NOUN
ftr-485	528	13	return	return	VERB
ftr-485	528	14	debt	debt	NOUN
ftr-485	528	15	obligations	obligation	NOUN
ftr-485	528	16	,	,	PUNCT
ftr-485	528	17	the	the	DET
ftr-485	528	18	treasury	treasury	NOUN
ftr-485	528	19	has	have	AUX
ftr-485	528	20	promulgated	promulgate	VERB
ftr-485	528	21	new	new	ADJ
ftr-485	528	22	proposed	propose	VERB
ftr-485	528	23	regulations	regulation	NOUN
ftr-485	528	24	on	on	ADP
ftr-485	528	25	contingent	contingent	ADJ
ftr-485	528	26	debt	debt	NOUN
ftr-485	528	27	.	.	PUNCT
ftr-485	529	1	85	85	NUM
ftr-485	529	2	most	most	ADV
ftr-485	529	3	other	other	ADJ
ftr-485	529	4	contingent	contingent	ADJ
ftr-485	529	5	payment	payment	NOUN
ftr-485	529	6	debt	debt	NOUN
ftr-485	529	7	obligations	obligation	NOUN
ftr-485	529	8	are	be	AUX
ftr-485	529	9	now	now	ADV
ftr-485	529	10	subject	subject	ADJ
ftr-485	529	11	to	to	ADP
ftr-485	529	12	the	the	DET
ftr-485	529	13	proposed	propose	VERB
ftr-485	529	14	regulations	regulation	NOUN
ftr-485	529	15	,	,	PUNCT
ftr-485	529	16	which	which	PRON
ftr-485	529	17	could	could	AUX
ftr-485	529	18	well	well	ADV
ftr-485	529	19	have	have	AUX
ftr-485	529	20	provided	provide	VERB
ftr-485	529	21	a	a	DET
ftr-485	529	22	coherent	coherent	ADJ
ftr-485	529	23	scheme	scheme	NOUN
ftr-485	529	24	to	to	PART
ftr-485	529	25	tax	tax	NOUN
ftr-485	529	26	recharacterized	recharacterize	VERB
ftr-485	529	27	nonperiodic	nonperiodic	ADJ
ftr-485	529	28	swap	swap	NOUN
ftr-485	529	29	payments	payment	NOUN
ftr-485	529	30	.	.	PUNCT
ftr-485	530	1	however	however	ADV
ftr-485	530	2	,	,	PUNCT
ftr-485	530	3	the	the	DET
ftr-485	530	4	proposed	propose	VERB
ftr-485	530	5	regulations	regulation	NOUN
ftr-485	530	6	specifically	specifically	ADV
ftr-485	530	7	deny	deny	VERB
ftr-485	530	8	this	this	DET
ftr-485	530	9	possibility	possibility	NOUN
ftr-485	530	10	for	for	ADP
ftr-485	530	11	notional	notional	ADJ
ftr-485	530	12	principal	principal	ADJ
ftr-485	530	13	contracts	contract	NOUN
ftr-485	530	14	containing	contain	VERB
ftr-485	530	15	embedded	embed	VERB
ftr-485	530	16	loans	loan	NOUN
ftr-485	530	17	and	and	CCONJ
ftr-485	530	18	establish	establish	VERB
ftr-485	530	19	that	that	SCONJ
ftr-485	530	20	the	the	DET
ftr-485	530	21	swap	swap	NOUN
ftr-485	530	22	regulations	regulation	NOUN
ftr-485	530	23	are	be	AUX
ftr-485	530	24	controlling.86	controlling.86	ADJ
ftr-485	530	25	absent	absent	ADJ
ftr-485	530	26	new	new	ADJ
ftr-485	530	27	regulations	regulation	NOUN
ftr-485	530	28	on	on	ADP
ftr-485	530	29	the	the	DET
ftr-485	530	30	taxation	taxation	NOUN
ftr-485	530	31	of	of	ADP
ftr-485	530	32	recharacterized	recharacterized	ADJ
ftr-485	530	33	swap	swap	NOUN
ftr-485	530	34	payments	payment	NOUN
ftr-485	530	35	,	,	PUNCT
ftr-485	530	36	there	there	PRON
ftr-485	530	37	really	really	ADV
ftr-485	530	38	is	be	AUX
ftr-485	530	39	no	no	DET
ftr-485	530	40	coherent	coherent	ADJ
ftr-485	530	41	way	way	NOUN
ftr-485	530	42	to	to	PART
ftr-485	530	43	tax	tax	VERB
ftr-485	530	44	a	a	DET
ftr-485	530	45	recharacterized	recharacterize	VERB
ftr-485	530	46	nonperiodic	nonperiodic	ADJ
ftr-485	530	47	payment	payment	NOUN
ftr-485	530	48	so	so	SCONJ
ftr-485	530	49	that	that	SCONJ
ftr-485	530	50	the	the	DET
ftr-485	530	51	economics	economic	NOUN
ftr-485	530	52	of	of	ADP
ftr-485	530	53	the	the	DET
ftr-485	530	54	swap	swap	NOUN
ftr-485	530	55	always	always	ADV
ftr-485	530	56	match	match	VERB
ftr-485	530	57	the	the	DET
ftr-485	530	58	tax	tax	NOUN
ftr-485	530	59	liabilities.s7	liabilities.s7	PROPN
ftr-485	530	60	even	even	ADV
ftr-485	530	61	inclusion	inclusion	NOUN
ftr-485	530	62	under	under	ADP
ftr-485	530	63	the	the	DET
ftr-485	530	64	new	new	ADJ
ftr-485	530	65	proposed	propose	VERB
ftr-485	530	66	contingent	contingent	NOUN
ftr-485	530	67	debt	debt	NOUN
ftr-485	530	68	regulations	regulation	NOUN
ftr-485	530	69	would	would	AUX
ftr-485	530	70	only	only	ADV
ftr-485	530	71	have	have	AUX
ftr-485	530	72	solved	solve	VERB
ftr-485	530	73	one	one	NUM
ftr-485	530	74	of	of	ADP
ftr-485	530	75	the	the	DET
ftr-485	530	76	problems	problem	NOUN
ftr-485	530	77	-	-	PUNCT
ftr-485	530	78	providing	provide	VERB
ftr-485	530	79	a	a	DET
ftr-485	530	80	system	system	NOUN
ftr-485	530	81	for	for	ADP
ftr-485	530	82	determining	determine	VERB
ftr-485	530	83	a	a	DET
ftr-485	530	84	time	time	NOUN
ftr-485	530	85	value	value	NOUN
ftr-485	530	86	component	component	NOUN
ftr-485	530	87	which	which	PRON
ftr-485	530	88	more	more	ADV
ftr-485	530	89	accurately	accurately	ADV
ftr-485	530	90	reflects	reflect	VERB
ftr-485	530	91	the	the	DET
ftr-485	530	92	economics	economic	NOUN
ftr-485	530	93	of	of	ADP
ftr-485	530	94	the	the	DET
ftr-485	530	95	transaction	transaction	NOUN
ftr-485	530	96	.	.	PUNCT
ftr-485	531	1	however	however	ADV
ftr-485	531	2	,	,	PUNCT
ftr-485	531	3	whatever	whatever	DET
ftr-485	531	4	means	mean	VERB
ftr-485	531	5	are	be	AUX
ftr-485	531	6	eventually	eventually	ADV
ftr-485	531	7	used	use	VERB
ftr-485	531	8	to	to	PART
ftr-485	531	9	achieve	achieve	VERB
ftr-485	531	10	a	a	DET
ftr-485	531	11	more	more	ADV
ftr-485	531	12	accurate	accurate	ADJ
ftr-485	531	13	reflection	reflection	NOUN
ftr-485	531	14	of	of	ADP
ftr-485	531	15	economics	economic	NOUN
ftr-485	531	16	within	within	ADP
ftr-485	531	17	the	the	DET
ftr-485	531	18	framework	framework	NOUN
ftr-485	531	19	of	of	ADP
ftr-485	531	20	recharacterization	recharacterization	NOUN
ftr-485	531	21	,	,	PUNCT
ftr-485	531	22	the	the	DET
ftr-485	531	23	time	time	NOUN
ftr-485	531	24	value	value	NOUN
ftr-485	531	25	component	component	NOUN
ftr-485	531	26	would	would	AUX
ftr-485	531	27	still	still	ADV
ftr-485	531	28	be	be	AUX
ftr-485	531	29	interest	interest	NOUN
ftr-485	531	30	,	,	PUNCT
ftr-485	531	31	subject	subject	ADJ
ftr-485	531	32	to	to	ADP
ftr-485	531	33	withholding	withholding	NOUN
ftr-485	531	34	and	and	CCONJ
ftr-485	531	35	potentially	potentially	ADV
ftr-485	531	36	to	to	ADP
ftr-485	531	37	double	double	ADJ
ftr-485	531	38	taxation	taxation	NOUN
ftr-485	531	39	.	.	PUNCT
ftr-485	532	1	"s	"s	X
ftr-485	532	2	vi	vi	PROPN
ftr-485	532	3	.	.	PROPN
ftr-485	532	4	summary	summary	NOUN
ftr-485	532	5	of	of	ADP
ftr-485	532	6	the	the	DET
ftr-485	532	7	u.s	u.s	PROPN
ftr-485	532	8	.	.	PROPN
ftr-485	532	9	tax	tax	NOUN
ftr-485	532	10	treatment	treatment	NOUN
ftr-485	532	11	by	by	ADP
ftr-485	532	12	recharacterizing	recharacterize	VERB
ftr-485	532	13	an	an	DET
ftr-485	532	14	off	off	ADP
ftr-485	532	15	-	-	PUNCT
ftr-485	532	16	market	market	NOUN
ftr-485	532	17	swap	swap	NOUN
ftr-485	532	18	with	with	ADP
ftr-485	532	19	a	a	DET
ftr-485	532	20	significant	significant	ADJ
ftr-485	532	21	nonperiodic	nonperiodic	ADJ
ftr-485	532	22	payment	payment	NOUN
ftr-485	532	23	as	as	ADP
ftr-485	532	24	including	include	VERB
ftr-485	532	25	an	an	DET
ftr-485	532	26	embedded	embed	VERB
ftr-485	532	27	loan	loan	NOUN
ftr-485	532	28	bearing	bear	VERB
ftr-485	532	29	interest	interest	NOUN
ftr-485	532	30	,	,	PUNCT
ftr-485	532	31	the	the	DET
ftr-485	532	32	swap	swap	NOUN
ftr-485	532	33	regulations	regulation	NOUN
ftr-485	532	34	create	create	VERB
ftr-485	532	35	at	at	ADV
ftr-485	532	36	least	least	ADV
ftr-485	532	37	two	two	NUM
ftr-485	532	38	major	major	ADJ
ftr-485	532	39	tax	tax	NOUN
ftr-485	532	40	impediments	impediment	NOUN
ftr-485	532	41	to	to	AUX
ftr-485	532	42	cross	cross	ADJ
ftr-485	532	43	-	-	ADJ
ftr-485	532	44	border	border	ADJ
ftr-485	532	45	,	,	PUNCT
ftr-485	532	46	off	off	ADP
ftr-485	532	47	-	-	PUNCT
ftr-485	532	48	market	market	NOUN
ftr-485	532	49	swaps	swap	NOUN
ftr-485	532	50	:	:	PUNCT
ftr-485	532	51	withholding	withholding	NOUN
ftr-485	532	52	tax	tax	NOUN
ftr-485	532	53	and	and	CCONJ
ftr-485	532	54	the	the	DET
ftr-485	532	55	resulting	result	VERB
ftr-485	532	56	potential	potential	NOUN
ftr-485	532	57	for	for	ADP
ftr-485	532	58	double	double	ADJ
ftr-485	532	59	taxation	taxation	NOUN
ftr-485	532	60	.	.	PUNCT
ftr-485	533	1	interest	interest	NOUN
ftr-485	533	2	is	be	AUX
ftr-485	533	3	84	84	NUM
ftr-485	533	4	.	.	PUNCT
ftr-485	534	1	see	see	VERB
ftr-485	534	2	i	i	PRON
ftr-485	534	3	d.	d.	PROPN
ftr-485	534	4	at	at	ADP
ftr-485	534	5	473	473	NUM
ftr-485	534	6	for	for	ADP
ftr-485	534	7	a	a	DET
ftr-485	534	8	discussion	discussion	NOUN
ftr-485	534	9	of	of	ADP
ftr-485	534	10	possible	possible	ADJ
ftr-485	534	11	policy	policy	NOUN
ftr-485	534	12	changes	change	NOUN
ftr-485	534	13	.	.	PUNCT
ftr-485	535	1	85	85	NUM
ftr-485	535	2	.	.	PUNCT
ftr-485	535	3	prop	prop	NOUN
ftr-485	535	4	.	.	PUNCT
ftr-485	535	5	regs	regs	PROPN
ftr-485	535	6	.	.	PUNCT
ftr-485	536	1	§	§	PROPN
ftr-485	536	2	1.1275	1.1275	NUM
ftr-485	536	3	-	-	SYM
ftr-485	536	4	4	4	NUM
ftr-485	536	5	,	,	PUNCT
ftr-485	536	6	issued	issue	VERB
ftr-485	536	7	by	by	ADP
ftr-485	536	8	the	the	DET
ftr-485	536	9	irs	irs	PROPN
ftr-485	536	10	on	on	ADP
ftr-485	536	11	december	december	PROPN
ftr-485	536	12	16	16	NUM
ftr-485	536	13	,	,	PUNCT
ftr-485	536	14	1994	1994	NUM
ftr-485	536	15	.	.	PUNCT
ftr-485	537	1	for	for	ADP
ftr-485	537	2	a	a	DET
ftr-485	537	3	detailed	detailed	ADJ
ftr-485	537	4	discussion	discussion	NOUN
ftr-485	537	5	of	of	ADP
ftr-485	537	6	these	these	DET
ftr-485	537	7	proposed	propose	VERB
ftr-485	537	8	regulations	regulation	NOUN
ftr-485	537	9	,	,	PUNCT
ftr-485	537	10	see	see	VERB
ftr-485	537	11	edward	edward	PROPN
ftr-485	537	12	d.	d.	PROPN
ftr-485	537	13	kleinbard	kleinbard	PROPN
ftr-485	537	14	et	et	PROPN
ftr-485	537	15	al	al	PROPN
ftr-485	537	16	.	.	PROPN
ftr-485	537	17	,	,	PUNCT
ftr-485	537	18	proposed	propose	VERB
ftr-485	537	19	regulations	regulation	NOUN
ftr-485	537	20	affecting	affect	VERB
ftr-485	537	21	contingent	contingent	ADJ
ftr-485	537	22	payment	payment	NOUN
ftr-485	537	23	debt	debt	NOUN
ftr-485	537	24	obligations	obligation	NOUN
ftr-485	537	25	,	,	PUNCT
ftr-485	537	26	66	66	NUM
ftr-485	537	27	tax	tax	NOUN
ftr-485	537	28	notes	note	NOUN
ftr-485	537	29	723	723	NUM
ftr-485	537	30	(	(	PUNCT
ftr-485	537	31	jan	jan	PROPN
ftr-485	537	32	.	.	PROPN
ftr-485	537	33	30	30	NUM
ftr-485	537	34	,	,	PUNCT
ftr-485	537	35	1995	1995	NUM
ftr-485	537	36	)	)	PUNCT
ftr-485	537	37	.	.	PUNCT
ftr-485	538	1	86	86	NUM
ftr-485	538	2	.	.	PUNCT
ftr-485	539	1	prop	prop	NOUN
ftr-485	539	2	.	.	PUNCT
ftr-485	539	3	regs	regs	PROPN
ftr-485	539	4	.	.	PUNCT
ftr-485	540	1	§	§	PROPN
ftr-485	540	2	1.1275	1.1275	NUM
ftr-485	540	3	-	-	SYM
ftr-485	540	4	4(e	4(e	NUM
ftr-485	540	5	)	)	PUNCT
ftr-485	540	6	.	.	PUNCT
ftr-485	541	1	the	the	DET
ftr-485	541	2	preamble	preamble	NOUN
ftr-485	541	3	to	to	ADP
ftr-485	541	4	the	the	DET
ftr-485	541	5	swap	swap	NOUN
ftr-485	541	6	regulations	regulation	NOUN
ftr-485	541	7	states	state	VERB
ftr-485	541	8	that	that	SCONJ
ftr-485	541	9	"	"	PUNCT
ftr-485	541	10	[	[	X
ftr-485	541	11	t]he	t]he	ADV
ftr-485	541	12	irs	irs	PROPN
ftr-485	541	13	is	be	AUX
ftr-485	541	14	working	work	VERB
ftr-485	541	15	on	on	ADP
ftr-485	541	16	a	a	DET
ftr-485	541	17	project	project	NOUN
ftr-485	541	18	dealing	deal	VERB
ftr-485	541	19	more	more	ADV
ftr-485	541	20	generally	generally	ADV
ftr-485	541	21	with	with	ADP
ftr-485	541	22	off	off	ADP
ftr-485	541	23	-	-	PUNCT
ftr-485	541	24	market	market	NOUN
ftr-485	541	25	and	and	CCONJ
ftr-485	541	26	prepaid	prepay	VERB
ftr-485	541	27	financial	financial	ADJ
ftr-485	541	28	instruments	instrument	NOUN
ftr-485	541	29	.	.	PUNCT
ftr-485	541	30	"	"	PUNCT
ftr-485	542	1	preamble	preamble	VERB
ftr-485	542	2	to	to	ADP
ftr-485	542	3	regs	reg	NOUN
ftr-485	542	4	.	.	PUNCT
ftr-485	543	1	§	§	PROPN
ftr-485	543	2	1.446	1.446	NUM
ftr-485	543	3	-	-	SYM
ftr-485	543	4	3	3	NUM
ftr-485	543	5	.	.	NOUN
ftr-485	543	6	87	87	NUM
ftr-485	543	7	.	.	PUNCT
ftr-485	544	1	the	the	DET
ftr-485	544	2	swap	swap	NOUN
ftr-485	544	3	regulations	regulation	NOUN
ftr-485	544	4	permit	permit	VERB
ftr-485	544	5	the	the	DET
ftr-485	544	6	irs	irs	PROPN
ftr-485	544	7	to	to	PART
ftr-485	544	8	provide	provide	VERB
ftr-485	544	9	alternative	alternative	ADJ
ftr-485	544	10	methods	method	NOUN
ftr-485	544	11	for	for	ADP
ftr-485	544	12	nonperiodic	nonperiodic	ADJ
ftr-485	544	13	payments	payment	NOUN
ftr-485	544	14	by	by	ADP
ftr-485	544	15	revenue	revenue	NOUN
ftr-485	544	16	ruling	ruling	NOUN
ftr-485	544	17	or	or	CCONJ
ftr-485	544	18	procedure	procedure	NOUN
ftr-485	544	19	.	.	PUNCT
ftr-485	545	1	regs	reg	NOUN
ftr-485	545	2	.	.	PUNCT
ftr-485	546	1	§	§	PROPN
ftr-485	546	2	1.446	1.446	NUM
ftr-485	546	3	-	-	SYM
ftr-485	546	4	3(f)(2)(vi	3(f)(2)(vi	NUM
ftr-485	546	5	)	)	PUNCT
ftr-485	546	6	.	.	PUNCT
ftr-485	547	1	none	none	NOUN
ftr-485	547	2	has	have	AUX
ftr-485	547	3	so	so	ADV
ftr-485	547	4	far	far	ADV
ftr-485	547	5	been	be	AUX
ftr-485	547	6	provided	provide	VERB
ftr-485	547	7	.	.	PUNCT
ftr-485	548	1	88	88	NUM
ftr-485	548	2	.	.	PUNCT
ftr-485	549	1	in	in	ADP
ftr-485	549	2	light	light	NOUN
ftr-485	549	3	of	of	ADP
ftr-485	549	4	the	the	DET
ftr-485	549	5	policy	policy	NOUN
ftr-485	549	6	behind	behind	ADP
ftr-485	549	7	withholding	withhold	VERB
ftr-485	549	8	on	on	ADP
ftr-485	549	9	certain	certain	ADJ
ftr-485	549	10	payments	payment	NOUN
ftr-485	549	11	of	of	ADP
ftr-485	549	12	interest	interest	NOUN
ftr-485	549	13	-	-	PUNCT
ftr-485	549	14	to	to	PART
ftr-485	549	15	ensure	ensure	VERB
ftr-485	549	16	the	the	DET
ftr-485	549	17	collection	collection	NOUN
ftr-485	549	18	of	of	ADP
ftr-485	549	19	taxes	taxis	NOUN
ftr-485	549	20	by	by	ADP
ftr-485	549	21	placing	place	VERB
ftr-485	549	22	the	the	DET
ftr-485	549	23	responsibility	responsibility	NOUN
ftr-485	549	24	on	on	ADP
ftr-485	549	25	the	the	DET
ftr-485	549	26	u.s	u.s	PROPN
ftr-485	549	27	.	.	PROPN
ftr-485	549	28	person	person	NOUN
ftr-485	549	29	subject	subject	ADJ
ftr-485	549	30	to	to	ADP
ftr-485	549	31	enforcement	enforcement	NOUN
ftr-485	549	32	rather	rather	ADV
ftr-485	549	33	than	than	ADP
ftr-485	549	34	relying	rely	VERB
ftr-485	549	35	on	on	ADP
ftr-485	549	36	voluntary	voluntary	ADJ
ftr-485	549	37	payment	payment	NOUN
ftr-485	549	38	by	by	ADP
ftr-485	549	39	a	a	DET
ftr-485	549	40	foreign	foreign	ADJ
ftr-485	549	41	taxpayer	taxpayer	NOUN
ftr-485	549	42	beyond	beyond	ADP
ftr-485	549	43	the	the	DET
ftr-485	549	44	scope	scope	NOUN
ftr-485	549	45	of	of	ADP
ftr-485	549	46	domestic	domestic	ADJ
ftr-485	549	47	law	law	NOUN
ftr-485	549	48	-	-	PUNCT
ftr-485	549	49	any	any	DET
ftr-485	549	50	payment	payment	NOUN
ftr-485	549	51	similarly	similarly	ADV
ftr-485	549	52	representing	represent	VERB
ftr-485	549	53	the	the	DET
ftr-485	549	54	time	time	NOUN
ftr-485	549	55	value	value	NOUN
ftr-485	549	56	of	of	ADP
ftr-485	549	57	money	money	NOUN
ftr-485	549	58	should	should	AUX
ftr-485	549	59	also	also	ADV
ftr-485	549	60	be	be	AUX
ftr-485	549	61	subject	subject	ADJ
ftr-485	549	62	to	to	ADP
ftr-485	549	63	withholding	withholding	NOUN
ftr-485	549	64	.	.	PUNCT
ftr-485	550	1	[	[	X
ftr-485	550	2	vol	vol	NOUN
ftr-485	550	3	.	.	PUNCT
ftr-485	550	4	2:11	2:11	NUM
ftr-485	550	5	the	the	DET
ftr-485	550	6	recharacterization	recharacterization	NOUN
ftr-485	550	7	of	of	ADP
ftr-485	550	8	cross	cross	ADJ
ftr-485	550	9	-	-	ADJ
ftr-485	550	10	border	border	ADJ
ftr-485	550	11	interest	interest	NOUN
ftr-485	550	12	rate	rate	NOUN
ftr-485	550	13	swaps	swap	NOUN
ftr-485	550	14	deemed	deem	VERB
ftr-485	550	15	to	to	PART
ftr-485	550	16	exist	exist	VERB
ftr-485	550	17	for	for	ADP
ftr-485	550	18	all	all	DET
ftr-485	550	19	u.s	u.s	PROPN
ftr-485	550	20	.	.	PROPN
ftr-485	550	21	tax	tax	NOUN
ftr-485	550	22	purposes	purpose	NOUN
ftr-485	550	23	,	,	PUNCT
ftr-485	550	24	and	and	CCONJ
ftr-485	550	25	withholding	withhold	VERB
ftr-485	550	26	tax	tax	NOUN
ftr-485	550	27	on	on	ADP
ftr-485	550	28	the	the	DET
ftr-485	550	29	interest	interest	NOUN
ftr-485	550	30	is	be	AUX
ftr-485	550	31	required	require	VERB
ftr-485	550	32	even	even	ADV
ftr-485	550	33	when	when	SCONJ
ftr-485	550	34	there	there	PRON
ftr-485	550	35	is	be	VERB
ftr-485	550	36	no	no	DET
ftr-485	550	37	net	net	ADJ
ftr-485	550	38	cash	cash	NOUN
ftr-485	550	39	payment	payment	NOUN
ftr-485	550	40	from	from	ADP
ftr-485	550	41	which	which	PRON
ftr-485	550	42	to	to	PART
ftr-485	550	43	withhold	withhold	VERB
ftr-485	550	44	.	.	PUNCT
ftr-485	551	1	double	double	ADJ
ftr-485	551	2	taxation	taxation	NOUN
ftr-485	551	3	treaties	treaty	NOUN
ftr-485	551	4	do	do	AUX
ftr-485	551	5	not	not	PART
ftr-485	551	6	always	always	ADV
ftr-485	551	7	alleviate	alleviate	VERB
ftr-485	551	8	double	double	ADJ
ftr-485	551	9	taxation	taxation	NOUN
ftr-485	551	10	on	on	ADP
ftr-485	551	11	the	the	DET
ftr-485	551	12	deemed	deemed	ADJ
ftr-485	551	13	interest	interest	NOUN
ftr-485	551	14	payment	payment	NOUN
ftr-485	551	15	.	.	PUNCT
ftr-485	552	1	the	the	DET
ftr-485	552	2	following	follow	VERB
ftr-485	552	3	example	example	NOUN
ftr-485	552	4	depicts	depict	VERB
ftr-485	552	5	why	why	SCONJ
ftr-485	552	6	double	double	ADJ
ftr-485	552	7	taxation	taxation	NOUN
ftr-485	552	8	can	can	AUX
ftr-485	552	9	greatly	greatly	ADV
ftr-485	552	10	distort	distort	VERB
ftr-485	552	11	international	international	ADJ
ftr-485	552	12	capital	capital	NOUN
ftr-485	552	13	transactions	transaction	NOUN
ftr-485	552	14	and	and	CCONJ
ftr-485	552	15	lead	lead	VERB
ftr-485	552	16	to	to	ADP
ftr-485	552	17	extensive	extensive	ADJ
ftr-485	552	18	measures	measure	NOUN
ftr-485	552	19	to	to	PART
ftr-485	552	20	avoid	avoid	VERB
ftr-485	552	21	it	it	PRON
ftr-485	552	22	.	.	PUNCT
ftr-485	553	1	assume	assume	VERB
ftr-485	553	2	a	a	DET
ftr-485	553	3	$	$	SYM
ftr-485	553	4	100	100	NUM
ftr-485	553	5	payment	payment	NOUN
ftr-485	553	6	is	be	AUX
ftr-485	553	7	seen	see	VERB
ftr-485	553	8	as	as	ADP
ftr-485	553	9	"	"	PUNCT
ftr-485	553	10	interest	interest	NOUN
ftr-485	553	11	"	"	PUNCT
ftr-485	553	12	under	under	ADP
ftr-485	553	13	the	the	DET
ftr-485	553	14	swap	swap	NOUN
ftr-485	553	15	regulations	regulation	NOUN
ftr-485	553	16	,	,	PUNCT
ftr-485	553	17	and	and	CCONJ
ftr-485	553	18	u.s	u.s	PROPN
ftr-485	553	19	.	.	PROPN
ftr-485	553	20	tax	tax	NOUN
ftr-485	553	21	is	be	AUX
ftr-485	553	22	withheld	withhold	VERB
ftr-485	553	23	at	at	ADP
ftr-485	553	24	a	a	DET
ftr-485	553	25	treaty	treaty	NOUN
ftr-485	553	26	-	-	PUNCT
ftr-485	553	27	established	establish	VERB
ftr-485	553	28	rate	rate	NOUN
ftr-485	553	29	of	of	ADP
ftr-485	553	30	15	15	NUM
ftr-485	553	31	%	%	NOUN
ftr-485	553	32	;	;	PUNCT
ftr-485	553	33	the	the	DET
ftr-485	553	34	payee	payee	NOUN
ftr-485	553	35	's	's	PART
ftr-485	553	36	country	country	NOUN
ftr-485	553	37	of	of	ADP
ftr-485	553	38	residence	residence	NOUN
ftr-485	553	39	,	,	PUNCT
ftr-485	553	40	disagreeing	disagree	VERB
ftr-485	553	41	that	that	SCONJ
ftr-485	553	42	this	this	DET
ftr-485	553	43	income	income	NOUN
ftr-485	553	44	is	be	AUX
ftr-485	553	45	interest	interest	NOUN
ftr-485	553	46	,	,	PUNCT
ftr-485	553	47	applies	apply	VERB
ftr-485	553	48	its	its	PRON
ftr-485	553	49	corporate	corporate	ADJ
ftr-485	553	50	income	income	NOUN
ftr-485	553	51	tax	tax	NOUN
ftr-485	553	52	at	at	ADP
ftr-485	553	53	35	35	NUM
ftr-485	553	54	%	%	NOUN
ftr-485	553	55	to	to	ADP
ftr-485	553	56	the	the	DET
ftr-485	553	57	$	$	SYM
ftr-485	553	58	100	100	NUM
ftr-485	553	59	.	.	PUNCT
ftr-485	554	1	the	the	DET
ftr-485	554	2	income	income	NOUN
ftr-485	554	3	is	be	AUX
ftr-485	554	4	thus	thus	ADV
ftr-485	554	5	subject	subject	ADJ
ftr-485	554	6	to	to	ADP
ftr-485	554	7	taxes	taxis	NOUN
ftr-485	554	8	of	of	ADP
ftr-485	554	9	$	$	SYM
ftr-485	554	10	15	15	NUM
ftr-485	554	11	by	by	ADP
ftr-485	554	12	the	the	DET
ftr-485	554	13	united	united	PROPN
ftr-485	554	14	states	states	PROPN
ftr-485	554	15	and	and	CCONJ
ftr-485	554	16	$	$	SYM
ftr-485	554	17	35	35	NUM
ftr-485	554	18	by	by	ADP
ftr-485	554	19	the	the	DET
ftr-485	554	20	payee	payee	NOUN
ftr-485	554	21	's	's	PART
ftr-485	554	22	country	country	NOUN
ftr-485	554	23	of	of	ADP
ftr-485	554	24	residence	residence	NOUN
ftr-485	554	25	(	(	PUNCT
ftr-485	554	26	subject	subject	ADJ
ftr-485	554	27	to	to	ADP
ftr-485	554	28	unilateral	unilateral	ADJ
ftr-485	554	29	double	double	ADJ
ftr-485	554	30	taxation	taxation	NOUN
ftr-485	554	31	relief	relief	NOUN
ftr-485	554	32	)	)	PUNCT
ftr-485	554	33	;	;	PUNCT
ftr-485	554	34	the	the	DET
ftr-485	554	35	$	$	SYM
ftr-485	554	36	100	100	NUM
ftr-485	554	37	is	be	AUX
ftr-485	554	38	subject	subject	ADJ
ftr-485	554	39	to	to	ADP
ftr-485	554	40	$	$	SYM
ftr-485	554	41	50	50	NUM
ftr-485	554	42	in	in	ADP
ftr-485	554	43	taxes	taxis	NOUN
ftr-485	554	44	,	,	PUNCT
ftr-485	554	45	producing	produce	VERB
ftr-485	554	46	an	an	DET
ftr-485	554	47	effective	effective	ADJ
ftr-485	554	48	rate	rate	NOUN
ftr-485	554	49	of	of	ADP
ftr-485	554	50	50	50	NUM
ftr-485	554	51	%	%	NOUN
ftr-485	554	52	.	.	PUNCT
ftr-485	555	1	in	in	ADP
ftr-485	555	2	contrast	contrast	NOUN
ftr-485	555	3	,	,	PUNCT
ftr-485	555	4	if	if	SCONJ
ftr-485	555	5	both	both	DET
ftr-485	555	6	parties	party	NOUN
ftr-485	555	7	to	to	ADP
ftr-485	555	8	the	the	DET
ftr-485	555	9	transaction	transaction	NOUN
ftr-485	555	10	were	be	AUX
ftr-485	555	11	residents	resident	NOUN
ftr-485	555	12	of	of	ADP
ftr-485	555	13	either	either	CCONJ
ftr-485	555	14	the	the	DET
ftr-485	555	15	united	united	PROPN
ftr-485	555	16	states	states	PROPN
ftr-485	555	17	or	or	CCONJ
ftr-485	555	18	the	the	DET
ftr-485	555	19	other	other	ADJ
ftr-485	555	20	country	country	NOUN
ftr-485	555	21	,	,	PUNCT
ftr-485	555	22	the	the	DET
ftr-485	555	23	effective	effective	ADJ
ftr-485	555	24	rate	rate	NOUN
ftr-485	555	25	of	of	ADP
ftr-485	555	26	tax	tax	NOUN
ftr-485	555	27	would	would	AUX
ftr-485	555	28	be	be	AUX
ftr-485	555	29	35	35	NUM
ftr-485	555	30	%	%	NOUN
ftr-485	555	31	.	.	PUNCT
ftr-485	556	1	this	this	PRON
ftr-485	556	2	is	be	AUX
ftr-485	556	3	double	double	ADJ
ftr-485	556	4	taxation	taxation	NOUN
ftr-485	556	5	.	.	PUNCT
ftr-485	557	1	as	as	SCONJ
ftr-485	557	2	seen	see	VERB
ftr-485	557	3	from	from	ADP
ftr-485	557	4	this	this	DET
ftr-485	557	5	brief	brief	ADJ
ftr-485	557	6	example	example	NOUN
ftr-485	557	7	,	,	PUNCT
ftr-485	557	8	double	double	ADJ
ftr-485	557	9	taxation	taxation	NOUN
ftr-485	557	10	can	can	AUX
ftr-485	557	11	impose	impose	VERB
ftr-485	557	12	unacceptable	unacceptable	ADJ
ftr-485	557	13	tax	tax	NOUN
ftr-485	557	14	burdens	burden	NOUN
ftr-485	557	15	on	on	ADP
ftr-485	557	16	otherwise	otherwise	ADV
ftr-485	557	17	viable	viable	ADJ
ftr-485	557	18	transactions	transaction	NOUN
ftr-485	557	19	.	.	PUNCT
ftr-485	558	1	a	a	DET
ftr-485	558	2	network	network	NOUN
ftr-485	558	3	of	of	ADP
ftr-485	558	4	bilateral	bilateral	ADJ
ftr-485	558	5	tax	tax	NOUN
ftr-485	558	6	treaties	treaty	NOUN
ftr-485	558	7	between	between	ADP
ftr-485	558	8	countries	country	NOUN
ftr-485	558	9	around	around	ADP
ftr-485	558	10	the	the	DET
ftr-485	558	11	globe	globe	NOUN
ftr-485	558	12	has	have	AUX
ftr-485	558	13	been	be	AUX
ftr-485	558	14	developed	develop	VERB
ftr-485	558	15	in	in	ADP
ftr-485	558	16	an	an	DET
ftr-485	558	17	effort	effort	NOUN
ftr-485	558	18	to	to	PART
ftr-485	558	19	remove	remove	VERB
ftr-485	558	20	these	these	DET
ftr-485	558	21	additional	additional	ADJ
ftr-485	558	22	barriers	barrier	NOUN
ftr-485	558	23	to	to	ADP
ftr-485	558	24	crossborder	crossborder	NOUN
ftr-485	558	25	trade	trade	NOUN
ftr-485	558	26	,	,	PUNCT
ftr-485	558	27	commerce	commerce	NOUN
ftr-485	558	28	,	,	PUNCT
ftr-485	558	29	and	and	CCONJ
ftr-485	558	30	financing	financing	NOUN
ftr-485	558	31	.	.	PUNCT
ftr-485	559	1	while	while	SCONJ
ftr-485	559	2	tax	tax	NOUN
ftr-485	559	3	treaties	treaty	NOUN
ftr-485	559	4	are	be	AUX
ftr-485	559	5	generally	generally	ADV
ftr-485	559	6	effective	effective	ADJ
ftr-485	559	7	in	in	ADP
ftr-485	559	8	combatting	combat	VERB
ftr-485	559	9	double	double	ADJ
ftr-485	559	10	taxation	taxation	NOUN
ftr-485	559	11	,	,	PUNCT
ftr-485	559	12	in	in	ADP
ftr-485	559	13	the	the	DET
ftr-485	559	14	particular	particular	ADJ
ftr-485	559	15	case	case	NOUN
ftr-485	559	16	of	of	ADP
ftr-485	559	17	off	off	ADP
ftr-485	559	18	-	-	PUNCT
ftr-485	559	19	market	market	NOUN
ftr-485	559	20	swaps	swap	NOUN
ftr-485	559	21	,	,	PUNCT
ftr-485	559	22	double	double	ADJ
ftr-485	559	23	taxation	taxation	NOUN
ftr-485	559	24	may	may	AUX
ftr-485	559	25	nonetheless	nonetheless	ADV
ftr-485	559	26	persist	persist	VERB
ftr-485	559	27	with	with	ADP
ftr-485	559	28	the	the	DET
ftr-485	559	29	consequences	consequence	NOUN
ftr-485	559	30	of	of	ADP
ftr-485	559	31	potentially	potentially	ADV
ftr-485	559	32	significant	significant	ADJ
ftr-485	559	33	reductions	reduction	NOUN
ftr-485	559	34	in	in	ADP
ftr-485	559	35	the	the	DET
ftr-485	559	36	swap	swap	NOUN
ftr-485	559	37	's	's	PART
ftr-485	559	38	utility	utility	NOUN
ftr-485	559	39	and	and	CCONJ
ftr-485	559	40	of	of	ADP
ftr-485	559	41	reduced	reduced	ADJ
ftr-485	559	42	liquidity	liquidity	NOUN
ftr-485	559	43	in	in	ADP
ftr-485	559	44	the	the	DET
ftr-485	559	45	swap	swap	NOUN
ftr-485	559	46	market	market	NOUN
ftr-485	559	47	.	.	PUNCT
ftr-485	560	1	this	this	DET
ftr-485	560	2	double	double	ADJ
ftr-485	560	3	taxation	taxation	NOUN
ftr-485	560	4	is	be	AUX
ftr-485	560	5	not	not	PART
ftr-485	560	6	necessarily	necessarily	ADV
ftr-485	560	7	limited	limit	VERB
ftr-485	560	8	to	to	ADP
ftr-485	560	9	situations	situation	NOUN
ftr-485	560	10	where	where	SCONJ
ftr-485	560	11	the	the	DET
ftr-485	560	12	interest	interest	NOUN
ftr-485	560	13	is	be	AUX
ftr-485	560	14	from	from	ADP
ftr-485	560	15	u.s	u.s	PROPN
ftr-485	560	16	.	.	PROPN
ftr-485	560	17	sources	source	NOUN
ftr-485	560	18	because	because	SCONJ
ftr-485	560	19	it	it	PRON
ftr-485	560	20	could	could	AUX
ftr-485	560	21	arise	arise	VERB
ftr-485	560	22	with	with	ADP
ftr-485	560	23	respect	respect	NOUN
ftr-485	560	24	to	to	ADP
ftr-485	560	25	any	any	DET
ftr-485	560	26	country	country	NOUN
ftr-485	560	27	that	that	PRON
ftr-485	560	28	were	be	AUX
ftr-485	560	29	to	to	PART
ftr-485	560	30	follow	follow	VERB
ftr-485	560	31	a	a	DET
ftr-485	560	32	recharacterization	recharacterization	ADJ
ftr-485	560	33	policy	policy	NOUN
ftr-485	560	34	similar	similar	ADJ
ftr-485	560	35	to	to	ADP
ftr-485	560	36	that	that	PRON
ftr-485	560	37	of	of	ADP
ftr-485	560	38	the	the	DET
ftr-485	560	39	swap	swap	NOUN
ftr-485	560	40	regulations	regulation	NOUN
ftr-485	560	41	.	.	PUNCT
ftr-485	561	1	thus	thus	ADV
ftr-485	561	2	,	,	PUNCT
ftr-485	561	3	it	it	PRON
ftr-485	561	4	is	be	AUX
ftr-485	561	5	a	a	DET
ftr-485	561	6	problem	problem	NOUN
ftr-485	561	7	of	of	ADP
ftr-485	561	8	concern	concern	NOUN
ftr-485	561	9	to	to	ADP
ftr-485	561	10	all	all	DET
ftr-485	561	11	countries	country	NOUN
ftr-485	561	12	where	where	SCONJ
ftr-485	561	13	financial	financial	ADJ
ftr-485	561	14	products	product	NOUN
ftr-485	561	15	are	be	AUX
ftr-485	561	16	traded	trade	VERB
ftr-485	561	17	internationally	internationally	ADV
ftr-485	561	18	.	.	PUNCT
ftr-485	562	1	why	why	SCONJ
ftr-485	562	2	double	double	ADJ
ftr-485	562	3	taxation	taxation	NOUN
ftr-485	562	4	may	may	AUX
ftr-485	562	5	apply	apply	VERB
ftr-485	562	6	to	to	ADP
ftr-485	562	7	these	these	DET
ftr-485	562	8	off	off	ADP
ftr-485	562	9	-	-	PUNCT
ftr-485	562	10	market	market	NOUN
ftr-485	562	11	swaps	swap	NOUN
ftr-485	562	12	despite	despite	SCONJ
ftr-485	562	13	the	the	DET
ftr-485	562	14	existence	existence	NOUN
ftr-485	562	15	of	of	ADP
ftr-485	562	16	a	a	DET
ftr-485	562	17	treaty	treaty	NOUN
ftr-485	562	18	is	be	AUX
ftr-485	562	19	the	the	DET
ftr-485	562	20	subject	subject	NOUN
ftr-485	562	21	of	of	ADP
ftr-485	562	22	the	the	DET
ftr-485	562	23	remainder	remainder	NOUN
ftr-485	562	24	of	of	ADP
ftr-485	562	25	this	this	DET
ftr-485	562	26	article	article	NOUN
ftr-485	562	27	.	.	PUNCT
ftr-485	563	1	vii	vii	PROPN
ftr-485	563	2	.	.	PROPN
ftr-485	563	3	double	double	ADJ
ftr-485	563	4	taxation	taxation	NOUN
ftr-485	563	5	of	of	ADP
ftr-485	563	6	off	off	ADP
ftr-485	563	7	-	-	PUNCT
ftr-485	563	8	market	market	NOUN
ftr-485	563	9	interest	interest	NOUN
ftr-485	563	10	rate	rate	NOUN
ftr-485	563	11	swaps	swap	NOUN
ftr-485	563	12	a.	a.	NOUN
ftr-485	563	13	introduction	introduction	NOUN
ftr-485	563	14	in	in	ADP
ftr-485	563	15	1989	1989	NUM
ftr-485	563	16	,	,	PUNCT
ftr-485	563	17	the	the	DET
ftr-485	563	18	new	new	PROPN
ftr-485	563	19	york	york	PROPN
ftr-485	563	20	state	state	PROPN
ftr-485	563	21	bar	bar	PROPN
ftr-485	563	22	association	association	NOUN
ftr-485	563	23	predicted	predict	VERB
ftr-485	563	24	that	that	SCONJ
ftr-485	563	25	recharacterizing	recharacterize	VERB
ftr-485	563	26	a	a	DET
ftr-485	563	27	significant	significant	ADJ
ftr-485	563	28	nonperiodic	nonperiodic	ADJ
ftr-485	563	29	payment	payment	NOUN
ftr-485	563	30	in	in	ADP
ftr-485	563	31	an	an	DET
ftr-485	563	32	off	off	ADJ
ftr-485	563	33	-	-	PUNCT
ftr-485	563	34	market	market	NOUN
ftr-485	563	35	interest	interest	NOUN
ftr-485	563	36	rate	rate	NOUN
ftr-485	563	37	swap	swap	NOUN
ftr-485	563	38	into	into	ADP
ftr-485	563	39	a	a	DET
ftr-485	563	40	loan	loan	NOUN
ftr-485	563	41	bearing	bear	VERB
ftr-485	563	42	interest	interest	NOUN
ftr-485	563	43	"	"	PUNCT
ftr-485	563	44	would	would	AUX
ftr-485	563	45	reintroduce	reintroduce	VERB
ftr-485	563	46	the	the	DET
ftr-485	563	47	u.s	u.s	PROPN
ftr-485	563	48	.	.	PROPN
ftr-485	563	49	withholding	withholding	NOUN
ftr-485	563	50	tax	tax	NOUN
ftr-485	563	51	issues	issue	NOUN
ftr-485	563	52	for	for	ADP
ftr-485	563	53	cross	cross	ADJ
ftr-485	563	54	-	-	ADJ
ftr-485	563	55	border	border	ADJ
ftr-485	563	56	swaps	swap	NOUN
ftr-485	563	57	that	that	PRON
ftr-485	563	58	[	[	X
ftr-485	563	59	regulations	regulation	NOUN
ftr-485	563	60	assigning	assign	VERB
ftr-485	563	61	swap	swap	NOUN
ftr-485	563	62	income	income	NOUN
ftr-485	563	63	to	to	ADP
ftr-485	563	64	sources	source	NOUN
ftr-485	563	65	in	in	ADP
ftr-485	563	66	the	the	DET
ftr-485	563	67	recipient	recipient	NOUN
ftr-485	563	68	's	's	PART
ftr-485	563	69	country	country	NOUN
ftr-485	563	70	of	of	ADP
ftr-485	563	71	residence	residence	NOUN
ftr-485	563	72	were	be	AUX
ftr-485	563	73	]	]	PUNCT
ftr-485	563	74	designed	design	VERB
ftr-485	563	75	to	to	PART
ftr-485	563	76	eliminate	eliminate	VERB
ftr-485	563	77	.	.	PUNCT
ftr-485	563	78	"	"	PUNCT
ftr-485	564	1	9	9	NUM
ftr-485	564	2	this	this	PRON
ftr-485	564	3	was	be	AUX
ftr-485	564	4	a	a	DET
ftr-485	564	5	prescient	prescient	ADJ
ftr-485	564	6	assessment	assessment	NOUN
ftr-485	564	7	,	,	PUNCT
ftr-485	564	8	for	for	ADP
ftr-485	564	9	,	,	PUNCT
ftr-485	564	10	as	as	SCONJ
ftr-485	564	11	seen	see	VERB
ftr-485	564	12	,	,	PUNCT
ftr-485	564	13	this	this	PRON
ftr-485	564	14	is	be	AUX
ftr-485	564	15	precisely	precisely	ADV
ftr-485	564	16	what	what	PRON
ftr-485	564	17	89	89	NUM
ftr-485	564	18	.	.	PUNCT
ftr-485	564	19	n.y	n.y	PROPN
ftr-485	564	20	.	.	PROPN
ftr-485	564	21	st	st	PROPN
ftr-485	564	22	.	.	PROPN
ftr-485	564	23	b.	b.	PROPN
ftr-485	565	1	ass'n	ass'n	PROPN
ftr-485	565	2	report	report	PROPN
ftr-485	565	3	,	,	PUNCT
ftr-485	565	4	supra	supra	PROPN
ftr-485	565	5	note	note	PROPN
ftr-485	565	6	26	26	NUM
ftr-485	565	7	,	,	PUNCT
ftr-485	565	8	at	at	ADP
ftr-485	565	9	33	33	NUM
ftr-485	565	10	.	.	PUNCT
ftr-485	566	1	the	the	DET
ftr-485	566	2	source	source	NOUN
ftr-485	566	3	rule	rule	NOUN
ftr-485	566	4	is	be	AUX
ftr-485	566	5	found	find	VERB
ftr-485	566	6	in	in	ADP
ftr-485	566	7	regs	reg	NOUN
ftr-485	566	8	.	.	PUNCT
ftr-485	567	1	§	§	PROPN
ftr-485	567	2	1.863	1.863	NUM
ftr-485	567	3	-	-	SYM
ftr-485	567	4	7	7	NUM
ftr-485	567	5	.	.	NUM
ftr-485	567	6	19951	19951	NUM
ftr-485	568	1	florida	florida	PROPN
ftr-485	568	2	tax	tax	NOUN
ftr-485	568	3	review	review	NOUN
ftr-485	568	4	has	have	AUX
ftr-485	568	5	occurred	occur	VERB
ftr-485	568	6	.	.	PUNCT
ftr-485	569	1	withholding	withhold	VERB
ftr-485	569	2	on	on	ADP
ftr-485	569	3	interest	interest	NOUN
ftr-485	569	4	income	income	NOUN
ftr-485	569	5	payments	payment	NOUN
ftr-485	569	6	in	in	ADP
ftr-485	569	7	these	these	DET
ftr-485	569	8	types	type	NOUN
ftr-485	569	9	of	of	ADP
ftr-485	569	10	cross	cross	ADJ
ftr-485	569	11	-	-	ADJ
ftr-485	569	12	border	border	ADJ
ftr-485	569	13	swaps	swap	NOUN
ftr-485	569	14	would	would	AUX
ftr-485	569	15	not	not	PART
ftr-485	569	16	necessarily	necessarily	ADV
ftr-485	569	17	be	be	AUX
ftr-485	569	18	problematic	problematic	ADJ
ftr-485	569	19	but	but	CCONJ
ftr-485	569	20	for	for	ADP
ftr-485	569	21	the	the	DET
ftr-485	569	22	fact	fact	NOUN
ftr-485	569	23	that	that	SCONJ
ftr-485	569	24	a	a	DET
ftr-485	569	25	large	large	ADJ
ftr-485	569	26	percentage	percentage	NOUN
ftr-485	569	27	of	of	ADP
ftr-485	569	28	tax	tax	NOUN
ftr-485	569	29	treaties	treaty	NOUN
ftr-485	569	30	around	around	ADP
ftr-485	569	31	the	the	DET
ftr-485	569	32	world	world	NOUN
ftr-485	569	33	,	,	PUNCT
ftr-485	569	34	including	include	VERB
ftr-485	569	35	many	many	ADJ
ftr-485	569	36	u.s	u.s	PROPN
ftr-485	569	37	.	.	PROPN
ftr-485	569	38	treaties	treaty	NOUN
ftr-485	569	39	,	,	PUNCT
ftr-485	569	40	do	do	AUX
ftr-485	569	41	not	not	PART
ftr-485	569	42	effectively	effectively	ADV
ftr-485	569	43	alleviate	alleviate	VERB
ftr-485	569	44	double	double	ADJ
ftr-485	569	45	taxation	taxation	NOUN
ftr-485	569	46	of	of	ADP
ftr-485	569	47	income	income	NOUN
ftr-485	569	48	payments	payment	NOUN
ftr-485	569	49	originating	originate	VERB
ftr-485	569	50	from	from	ADP
ftr-485	569	51	a	a	DET
ftr-485	569	52	nonperiodic	nonperiodic	ADJ
ftr-485	569	53	payment	payment	NOUN
ftr-485	569	54	recharacterized	recharacterize	VERB
ftr-485	569	55	by	by	ADP
ftr-485	569	56	one	one	NUM
ftr-485	569	57	country	country	NOUN
ftr-485	569	58	into	into	ADP
ftr-485	569	59	a	a	DET
ftr-485	569	60	loan	loan	NOUN
ftr-485	569	61	bearing	bear	VERB
ftr-485	569	62	interest	interest	NOUN
ftr-485	569	63	;	;	PUNCT
ftr-485	569	64	in	in	ADP
ftr-485	569	65	other	other	ADJ
ftr-485	569	66	words	word	NOUN
ftr-485	569	67	,	,	PUNCT
ftr-485	569	68	the	the	DET
ftr-485	569	69	full	full	ADJ
ftr-485	569	70	amount	amount	NOUN
ftr-485	569	71	of	of	ADP
ftr-485	569	72	the	the	DET
ftr-485	569	73	"	"	PUNCT
ftr-485	569	74	interest	interest	NOUN
ftr-485	569	75	"	"	PUNCT
ftr-485	569	76	payment	payment	NOUN
ftr-485	569	77	may	may	AUX
ftr-485	569	78	be	be	AUX
ftr-485	569	79	subject	subject	ADJ
ftr-485	569	80	to	to	ADP
ftr-485	569	81	tax	tax	NOUN
ftr-485	569	82	in	in	ADP
ftr-485	569	83	both	both	DET
ftr-485	569	84	contracting	contracting	NOUN
ftr-485	569	85	states,90	states,90	NOUN
ftr-485	569	86	a	a	DET
ftr-485	569	87	case	case	NOUN
ftr-485	569	88	of	of	ADP
ftr-485	569	89	juridical	juridical	ADJ
ftr-485	569	90	double	double	ADJ
ftr-485	569	91	taxation.9	taxation.9	PROPN
ftr-485	569	92	"	"	PUNCT
ftr-485	569	93	this	this	DET
ftr-485	569	94	type	type	NOUN
ftr-485	569	95	of	of	ADP
ftr-485	569	96	double	double	ADJ
ftr-485	569	97	taxation	taxation	NOUN
ftr-485	569	98	primarily	primarily	ADV
ftr-485	569	99	arises	arise	VERB
ftr-485	569	100	when	when	SCONJ
ftr-485	569	101	,	,	PUNCT
ftr-485	569	102	as	as	ADP
ftr-485	569	103	under	under	ADP
ftr-485	569	104	the	the	DET
ftr-485	569	105	oecd	oecd	PROPN
ftr-485	569	106	model	model	PROPN
ftr-485	569	107	convention	convention	PROPN
ftr-485	569	108	,	,	PUNCT
ftr-485	569	109	the	the	DET
ftr-485	569	110	tax	tax	NOUN
ftr-485	569	111	treaty	treaty	NOUN
ftr-485	569	112	between	between	ADP
ftr-485	569	113	the	the	DET
ftr-485	569	114	states	state	NOUN
ftr-485	569	115	of	of	ADP
ftr-485	569	116	residence	residence	NOUN
ftr-485	569	117	of	of	ADP
ftr-485	569	118	the	the	DET
ftr-485	569	119	swap	swap	NOUN
ftr-485	569	120	counterparties	counterpartie	NOUN
ftr-485	569	121	,	,	PUNCT
ftr-485	569	122	n	n	PROPN
ftr-485	569	123	and	and	CCONJ
ftr-485	569	124	m	m	PROPN
ftr-485	569	125	,	,	PUNCT
ftr-485	569	126	does	do	AUX
ftr-485	569	127	not	not	PART
ftr-485	569	128	grant	grant	VERB
ftr-485	569	129	the	the	DET
ftr-485	569	130	exclusive	exclusive	ADJ
ftr-485	569	131	right	right	NOUN
ftr-485	569	132	to	to	PART
ftr-485	569	133	tax	tax	VERB
ftr-485	569	134	interest	interest	NOUN
ftr-485	569	135	to	to	ADP
ftr-485	569	136	the	the	DET
ftr-485	569	137	residence	residence	NOUN
ftr-485	569	138	state	state	NOUN
ftr-485	569	139	of	of	ADP
ftr-485	569	140	the	the	DET
ftr-485	569	141	interest	interest	NOUN
ftr-485	569	142	recipient	recipient	NOUN
ftr-485	569	143	.	.	PUNCT
ftr-485	569	144	'	'	PUNCT
ftr-485	570	1	if	if	SCONJ
ftr-485	570	2	no	no	DET
ftr-485	570	3	tax	tax	NOUN
ftr-485	570	4	treaty	treaty	NOUN
ftr-485	570	5	is	be	AUX
ftr-485	570	6	in	in	ADP
ftr-485	570	7	force	force	NOUN
ftr-485	570	8	between	between	ADP
ftr-485	570	9	the	the	DET
ftr-485	570	10	state	state	NOUN
ftr-485	570	11	of	of	ADP
ftr-485	570	12	source	source	NOUN
ftr-485	570	13	(	(	PUNCT
ftr-485	570	14	the	the	DET
ftr-485	570	15	united	united	PROPN
ftr-485	570	16	states	states	PROPN
ftr-485	570	17	in	in	ADP
ftr-485	570	18	the	the	DET
ftr-485	570	19	example	example	NOUN
ftr-485	570	20	)	)	PUNCT
ftr-485	570	21	and	and	CCONJ
ftr-485	570	22	m	m	PROPN
ftr-485	570	23	's	's	PART
ftr-485	570	24	state	state	NOUN
ftr-485	570	25	of	of	ADP
ftr-485	570	26	residence	residence	NOUN
ftr-485	570	27	,	,	PUNCT
ftr-485	570	28	the	the	DET
ftr-485	570	29	tax	tax	NOUN
ftr-485	570	30	treatment	treatment	NOUN
ftr-485	570	31	of	of	ADP
ftr-485	570	32	the	the	DET
ftr-485	570	33	"	"	PUNCT
ftr-485	570	34	interest	interest	NOUN
ftr-485	570	35	"	"	PUNCT
ftr-485	570	36	payments	payment	NOUN
ftr-485	570	37	is	be	AUX
ftr-485	570	38	entirely	entirely	ADV
ftr-485	570	39	determined	determine	VERB
ftr-485	570	40	by	by	ADP
ftr-485	570	41	domestic	domestic	ADJ
ftr-485	570	42	laws	law	NOUN
ftr-485	570	43	.	.	PUNCT
ftr-485	571	1	many	many	ADJ
ftr-485	571	2	states	state	NOUN
ftr-485	571	3	subject	subject	ADJ
ftr-485	571	4	interest	interest	NOUN
ftr-485	571	5	paid	pay	VERB
ftr-485	571	6	abroad	abroad	ADV
ftr-485	571	7	to	to	ADP
ftr-485	571	8	considerable	considerable	ADJ
ftr-485	571	9	withholding	withholding	NOUN
ftr-485	571	10	taxes	taxis	NOUN
ftr-485	571	11	,	,	PUNCT
ftr-485	571	12	such	such	ADJ
ftr-485	571	13	as	as	ADP
ftr-485	571	14	the	the	DET
ftr-485	571	15	united	united	PROPN
ftr-485	571	16	states	states	PROPN
ftr-485	571	17	at	at	ADP
ftr-485	571	18	30	30	NUM
ftr-485	571	19	%	%	NOUN
ftr-485	571	20	of	of	ADP
ftr-485	571	21	gross	gross	ADJ
ftr-485	571	22	payments	payment	NOUN
ftr-485	571	23	made	make	VERB
ftr-485	571	24	and	and	CCONJ
ftr-485	571	25	canada	canada	PROPN
ftr-485	571	26	at	at	ADP
ftr-485	571	27	25	25	NUM
ftr-485	571	28	%	%	NOUN
ftr-485	571	29	.	.	PUNCT
ftr-485	572	1	91	91	NUM
ftr-485	573	1	the	the	DET
ftr-485	573	2	interest	interest	NOUN
ftr-485	573	3	payment	payment	NOUN
ftr-485	573	4	is	be	AUX
ftr-485	573	5	also	also	ADV
ftr-485	573	6	subject	subject	ADJ
ftr-485	573	7	to	to	ADP
ftr-485	573	8	income	income	NOUN
ftr-485	573	9	taxation	taxation	NOUN
ftr-485	573	10	in	in	ADP
ftr-485	573	11	m	m	PROPN
ftr-485	573	12	's	's	PART
ftr-485	573	13	state	state	NOUN
ftr-485	573	14	of	of	ADP
ftr-485	573	15	residence	residence	NOUN
ftr-485	573	16	unless	unless	SCONJ
ftr-485	573	17	this	this	DET
ftr-485	573	18	state	state	NOUN
ftr-485	573	19	unilaterally	unilaterally	ADV
ftr-485	573	20	credits	credit	VERB
ftr-485	573	21	all	all	PRON
ftr-485	573	22	or	or	CCONJ
ftr-485	573	23	part	part	NOUN
ftr-485	573	24	of	of	ADP
ftr-485	573	25	the	the	DET
ftr-485	573	26	tax	tax	NOUN
ftr-485	573	27	withheld	withhold	VERB
ftr-485	573	28	in	in	ADP
ftr-485	573	29	the	the	DET
ftr-485	573	30	source	source	NOUN
ftr-485	573	31	state	state	NOUN
ftr-485	573	32	.	.	PUNCT
ftr-485	574	1	double	double	ADJ
ftr-485	574	2	taxation	taxation	NOUN
ftr-485	574	3	of	of	ADP
ftr-485	574	4	any	any	DET
ftr-485	574	5	amount	amount	NOUN
ftr-485	574	6	of	of	ADP
ftr-485	574	7	swap	swap	NOUN
ftr-485	574	8	payments	payment	NOUN
ftr-485	574	9	,	,	PUNCT
ftr-485	574	10	let	let	VERB
ftr-485	574	11	alone	alone	ADV
ftr-485	574	12	such	such	DET
ftr-485	574	13	a	a	DET
ftr-485	574	14	high	high	ADJ
ftr-485	574	15	percentage	percentage	NOUN
ftr-485	574	16	,	,	PUNCT
ftr-485	574	17	materially	materially	ADV
ftr-485	574	18	impacts	impact	VERB
ftr-485	574	19	the	the	DET
ftr-485	574	20	viability	viability	NOUN
ftr-485	574	21	of	of	ADP
ftr-485	574	22	many	many	ADJ
ftr-485	574	23	swaps	swap	NOUN
ftr-485	574	24	.	.	PUNCT
ftr-485	575	1	absent	absent	ADJ
ftr-485	575	2	a	a	DET
ftr-485	575	3	treaty	treaty	NOUN
ftr-485	575	4	,	,	PUNCT
ftr-485	575	5	such	such	ADJ
ftr-485	575	6	results	result	NOUN
ftr-485	575	7	are	be	AUX
ftr-485	575	8	of	of	ADP
ftr-485	575	9	concern	concern	NOUN
ftr-485	575	10	,	,	PUNCT
ftr-485	575	11	but	but	CCONJ
ftr-485	575	12	could	could	AUX
ftr-485	575	13	be	be	AUX
ftr-485	575	14	anticipated	anticipate	VERB
ftr-485	575	15	.	.	PUNCT
ftr-485	576	1	more	more	ADV
ftr-485	576	2	problematic	problematic	ADJ
ftr-485	576	3	,	,	PUNCT
ftr-485	576	4	however	however	ADV
ftr-485	576	5	,	,	PUNCT
ftr-485	576	6	is	be	AUX
ftr-485	576	7	that	that	SCONJ
ftr-485	576	8	even	even	ADV
ftr-485	576	9	the	the	DET
ftr-485	576	10	existence	existence	NOUN
ftr-485	576	11	of	of	ADP
ftr-485	576	12	a	a	DET
ftr-485	576	13	tax	tax	NOUN
ftr-485	576	14	treaty	treaty	NOUN
ftr-485	576	15	between	between	ADP
ftr-485	576	16	the	the	DET
ftr-485	576	17	residence	residence	NOUN
ftr-485	576	18	90	90	NUM
ftr-485	576	19	.	.	PUNCT
ftr-485	577	1	tax	tax	NOUN
ftr-485	577	2	treaties	treaty	NOUN
ftr-485	577	3	refer	refer	VERB
ftr-485	577	4	to	to	ADP
ftr-485	577	5	the	the	DET
ftr-485	577	6	two	two	NUM
ftr-485	577	7	signatory	signatory	ADJ
ftr-485	577	8	countries	country	NOUN
ftr-485	577	9	as	as	ADP
ftr-485	577	10	the	the	DET
ftr-485	577	11	"	"	PUNCT
ftr-485	577	12	contracting	contracting	NOUN
ftr-485	577	13	states	state	NOUN
ftr-485	577	14	.	.	PUNCT
ftr-485	577	15	"	"	PUNCT
ftr-485	578	1	thus	thus	ADV
ftr-485	578	2	,	,	PUNCT
ftr-485	578	3	the	the	DET
ftr-485	578	4	term	term	NOUN
ftr-485	578	5	"	"	PUNCT
ftr-485	578	6	state	state	NOUN
ftr-485	578	7	"	"	PUNCT
ftr-485	578	8	as	as	SCONJ
ftr-485	578	9	used	use	VERB
ftr-485	578	10	in	in	ADP
ftr-485	578	11	the	the	DET
ftr-485	578	12	remainder	remainder	NOUN
ftr-485	578	13	of	of	ADP
ftr-485	578	14	this	this	DET
ftr-485	578	15	article	article	NOUN
ftr-485	578	16	means	mean	VERB
ftr-485	578	17	"	"	PUNCT
ftr-485	578	18	country	country	NOUN
ftr-485	578	19	"	"	PUNCT
ftr-485	578	20	unless	unless	SCONJ
ftr-485	578	21	otherwise	otherwise	ADV
ftr-485	578	22	specified	specify	VERB
ftr-485	578	23	.	.	PUNCT
ftr-485	579	1	91	91	NUM
ftr-485	579	2	.	.	PUNCT
ftr-485	580	1	describing	describe	VERB
ftr-485	580	2	the	the	DET
ftr-485	580	3	circumstances	circumstance	NOUN
ftr-485	580	4	giving	give	VERB
ftr-485	580	5	rise	rise	NOUN
ftr-485	580	6	to	to	ADP
ftr-485	580	7	double	double	ADJ
ftr-485	580	8	taxation	taxation	NOUN
ftr-485	580	9	,	,	PUNCT
ftr-485	580	10	professor	professor	NOUN
ftr-485	580	11	vogel	vogel	NOUN
ftr-485	580	12	states	state	VERB
ftr-485	580	13	that	that	SCONJ
ftr-485	580	14	"	"	PUNCT
ftr-485	580	15	[	[	X
ftr-485	580	16	d]ouble	d]ouble	ADJ
ftr-485	580	17	taxation	taxation	NOUN
ftr-485	580	18	mainly	mainly	ADV
ftr-485	580	19	arises	arise	VERB
ftr-485	580	20	today	today	NOUN
ftr-485	580	21	because	because	SCONJ
ftr-485	580	22	the	the	DET
ftr-485	580	23	vast	vast	ADJ
ftr-485	580	24	majority	majority	NOUN
ftr-485	580	25	of	of	ADP
ftr-485	580	26	states	state	NOUN
ftr-485	580	27	,	,	PUNCT
ftr-485	580	28	in	in	ADP
ftr-485	580	29	addition	addition	NOUN
ftr-485	580	30	to	to	ADP
ftr-485	580	31	levying	levy	VERB
ftr-485	580	32	taxes	taxis	NOUN
ftr-485	580	33	on	on	ADP
ftr-485	580	34	domestic	domestic	ADJ
ftr-485	580	35	assets	asset	NOUN
ftr-485	580	36	and	and	CCONJ
ftr-485	580	37	domestic	domestic	ADJ
ftr-485	580	38	economic	economic	ADJ
ftr-485	580	39	transactions	transaction	NOUN
ftr-485	580	40	,	,	PUNCT
ftr-485	580	41	levy	levy	VERB
ftr-485	580	42	taxes	taxis	NOUN
ftr-485	580	43	on	on	ADP
ftr-485	580	44	capital	capital	NOUN
ftr-485	580	45	situated	situate	VERB
ftr-485	580	46	and	and	CCONJ
ftr-485	580	47	transactions	transaction	NOUN
ftr-485	580	48	carried	carry	VERB
ftr-485	580	49	out	out	ADP
ftr-485	580	50	in	in	ADP
ftr-485	580	51	other	other	ADJ
ftr-485	580	52	countries	country	NOUN
ftr-485	580	53	to	to	ADP
ftr-485	580	54	the	the	DET
ftr-485	580	55	extent	extent	NOUN
ftr-485	580	56	that	that	SCONJ
ftr-485	580	57	they	they	PRON
ftr-485	580	58	benefit	benefit	VERB
ftr-485	580	59	resident	resident	ADJ
ftr-485	580	60	taxpayers	taxpayer	NOUN
ftr-485	580	61	.	.	PUNCT
ftr-485	580	62	"	"	PUNCT
ftr-485	581	1	klaus	klaus	PROPN
ftr-485	581	2	vogel	vogel	PROPN
ftr-485	581	3	,	,	PUNCT
ftr-485	581	4	on	on	ADP
ftr-485	581	5	double	double	ADJ
ftr-485	581	6	taxation	taxation	NOUN
ftr-485	581	7	conventions	convention	NOUN
ftr-485	581	8	,	,	PUNCT
ftr-485	581	9	at	at	ADP
ftr-485	581	10	2	2	NUM
ftr-485	581	11	(	(	PUNCT
ftr-485	581	12	2nd	2nd	ADJ
ftr-485	581	13	ed	ed	NOUN
ftr-485	581	14	.	.	PROPN
ftr-485	581	15	1991	1991	NUM
ftr-485	581	16	)	)	PUNCT
ftr-485	582	1	[	[	X
ftr-485	582	2	hereinafter	hereinafter	NOUN
ftr-485	582	3	vogel	vogel	NOUN
ftr-485	582	4	dtc	dtc	PROPN
ftr-485	582	5	]	]	PUNCT
ftr-485	582	6	.	.	PUNCT
ftr-485	583	1	this	this	PRON
ftr-485	583	2	is	be	AUX
ftr-485	583	3	what	what	PRON
ftr-485	583	4	occurs	occur	VERB
ftr-485	583	5	with	with	ADP
ftr-485	583	6	the	the	DET
ftr-485	583	7	interest	interest	NOUN
ftr-485	583	8	element	element	NOUN
ftr-485	583	9	of	of	ADP
ftr-485	583	10	off	off	ADP
ftr-485	583	11	-	-	PUNCT
ftr-485	583	12	market	market	NOUN
ftr-485	583	13	swaps	swap	NOUN
ftr-485	583	14	.	.	PUNCT
ftr-485	584	1	92	92	NUM
ftr-485	584	2	.	.	PUNCT
ftr-485	585	1	n	n	PROPN
ftr-485	585	2	and	and	CCONJ
ftr-485	585	3	m	m	VERB
ftr-485	585	4	from	from	ADP
ftr-485	585	5	the	the	DET
ftr-485	585	6	example	example	NOUN
ftr-485	585	7	,	,	PUNCT
ftr-485	585	8	supra	supra	PROPN
ftr-485	585	9	parts	parts	PROPN
ftr-485	585	10	iii	iii	PROPN
ftr-485	585	11	-	-	PUNCT
ftr-485	585	12	vi	vi	NOUN
ftr-485	585	13	,	,	PUNCT
ftr-485	585	14	continue	continue	VERB
ftr-485	585	15	to	to	PART
ftr-485	585	16	be	be	AUX
ftr-485	585	17	followed	follow	VERB
ftr-485	585	18	for	for	ADP
ftr-485	585	19	clarity	clarity	NOUN
ftr-485	585	20	and	and	CCONJ
ftr-485	585	21	continuity	continuity	NOUN
ftr-485	585	22	.	.	PUNCT
ftr-485	586	1	that	that	PRON
ftr-485	586	2	is	be	AUX
ftr-485	586	3	,	,	PUNCT
ftr-485	586	4	n	n	PRON
ftr-485	586	5	receives	receive	VERB
ftr-485	586	6	the	the	DET
ftr-485	586	7	nonperiodic	nonperiodic	ADJ
ftr-485	586	8	payment	payment	NOUN
ftr-485	586	9	and	and	CCONJ
ftr-485	586	10	thus	thus	ADV
ftr-485	586	11	becomes	become	VERB
ftr-485	586	12	the	the	DET
ftr-485	586	13	"	"	PUNCT
ftr-485	586	14	interest	interest	NOUN
ftr-485	586	15	"	"	PUNCT
ftr-485	586	16	payor	payor	NOUN
ftr-485	586	17	and	and	CCONJ
ftr-485	586	18	n	n	CCONJ
ftr-485	586	19	's	's	PART
ftr-485	586	20	state	state	NOUN
ftr-485	586	21	of	of	ADP
ftr-485	586	22	residence	residence	NOUN
ftr-485	586	23	is	be	AUX
ftr-485	586	24	the	the	DET
ftr-485	586	25	source	source	NOUN
ftr-485	586	26	state	state	NOUN
ftr-485	586	27	of	of	ADP
ftr-485	586	28	the	the	DET
ftr-485	586	29	"	"	PUNCT
ftr-485	586	30	interest	interest	NOUN
ftr-485	586	31	.	.	PUNCT
ftr-485	586	32	"	"	PUNCT
ftr-485	587	1	m	m	PROPN
ftr-485	587	2	made	make	VERB
ftr-485	587	3	the	the	DET
ftr-485	587	4	nonperiodic	nonperiodic	ADJ
ftr-485	587	5	payment	payment	NOUN
ftr-485	587	6	and	and	CCONJ
ftr-485	587	7	thus	thus	ADV
ftr-485	587	8	is	be	AUX
ftr-485	587	9	the	the	DET
ftr-485	587	10	recipient	recipient	NOUN
ftr-485	587	11	of	of	ADP
ftr-485	587	12	the	the	DET
ftr-485	587	13	income	income	NOUN
ftr-485	587	14	which	which	DET
ftr-485	587	15	n	n	CCONJ
ftr-485	587	16	's	's	PART
ftr-485	587	17	state	state	NOUN
ftr-485	587	18	of	of	ADP
ftr-485	587	19	residence	residence	NOUN
ftr-485	587	20	(	(	PUNCT
ftr-485	587	21	the	the	DET
ftr-485	587	22	united	united	PROPN
ftr-485	587	23	states	states	PROPN
ftr-485	587	24	)	)	PUNCT
ftr-485	587	25	labels	label	VERB
ftr-485	587	26	"	"	PUNCT
ftr-485	587	27	interest	interest	NOUN
ftr-485	587	28	.	.	PUNCT
ftr-485	587	29	"	"	PUNCT
ftr-485	588	1	m	m	PROPN
ftr-485	588	2	's	's	PART
ftr-485	588	3	state	state	NOUN
ftr-485	588	4	of	of	ADP
ftr-485	588	5	residence	residence	NOUN
ftr-485	588	6	does	do	AUX
ftr-485	588	7	not	not	PART
ftr-485	588	8	call	call	VERB
ftr-485	588	9	that	that	DET
ftr-485	588	10	income	income	NOUN
ftr-485	588	11	"	"	PUNCT
ftr-485	588	12	interest	interest	NOUN
ftr-485	588	13	.	.	PUNCT
ftr-485	588	14	"	"	PUNCT
ftr-485	589	1	see	see	VERB
ftr-485	589	2	supra	supra	PROPN
ftr-485	589	3	part	part	NOUN
ftr-485	589	4	iii.a	iii.a	PROPN
ftr-485	589	5	for	for	ADP
ftr-485	589	6	the	the	DET
ftr-485	589	7	full	full	ADJ
ftr-485	589	8	text	text	NOUN
ftr-485	589	9	of	of	ADP
ftr-485	589	10	the	the	DET
ftr-485	589	11	example	example	NOUN
ftr-485	589	12	;	;	PUNCT
ftr-485	589	13	infra	infra	NOUN
ftr-485	589	14	part	part	NOUN
ftr-485	589	15	vii.b.3	vii.b.3	NOUN
ftr-485	589	16	-	-	PUNCT
ftr-485	589	17	vii.f	vii.f	NOUN
ftr-485	589	18	for	for	ADP
ftr-485	589	19	the	the	DET
ftr-485	589	20	characterization	characterization	NOUN
ftr-485	589	21	of	of	ADP
ftr-485	589	22	the	the	DET
ftr-485	589	23	income	income	NOUN
ftr-485	589	24	by	by	ADP
ftr-485	589	25	m	m	PROPN
ftr-485	589	26	's	's	PART
ftr-485	589	27	state	state	NOUN
ftr-485	589	28	of	of	ADP
ftr-485	589	29	residence	residence	NOUN
ftr-485	589	30	.	.	PUNCT
ftr-485	590	1	the	the	DET
ftr-485	590	2	oecd	oecd	PROPN
ftr-485	590	3	model	model	PROPN
ftr-485	590	4	convention	convention	PROPN
ftr-485	590	5	is	be	AUX
ftr-485	590	6	cited	cite	VERB
ftr-485	590	7	supra	supra	ADJ
ftr-485	590	8	note	note	NOUN
ftr-485	590	9	3	3	NUM
ftr-485	590	10	.	.	NOUN
ftr-485	590	11	93	93	NUM
ftr-485	590	12	.	.	PUNCT
ftr-485	591	1	in	in	ADP
ftr-485	591	2	the	the	DET
ftr-485	591	3	united	united	PROPN
ftr-485	591	4	states	states	PROPN
ftr-485	591	5	,	,	PUNCT
ftr-485	591	6	the	the	DET
ftr-485	591	7	withholding	withholding	NOUN
ftr-485	591	8	tax	tax	NOUN
ftr-485	591	9	does	do	AUX
ftr-485	591	10	not	not	PART
ftr-485	591	11	apply	apply	VERB
ftr-485	591	12	if	if	SCONJ
ftr-485	591	13	the	the	DET
ftr-485	591	14	interest	interest	NOUN
ftr-485	591	15	is	be	AUX
ftr-485	591	16	effectively	effectively	ADV
ftr-485	591	17	connected	connect	VERB
ftr-485	591	18	with	with	ADP
ftr-485	591	19	a	a	DET
ftr-485	591	20	u.s	u.s	PROPN
ftr-485	591	21	.	.	PROPN
ftr-485	591	22	business	business	NOUN
ftr-485	591	23	or	or	CCONJ
ftr-485	591	24	is	be	AUX
ftr-485	591	25	treated	treat	VERB
ftr-485	591	26	as	as	ADP
ftr-485	591	27	portfolio	portfolio	NOUN
ftr-485	591	28	interest	interest	NOUN
ftr-485	591	29	.	.	PUNCT
ftr-485	592	1	see	see	VERB
ftr-485	592	2	supra	supra	PROPN
ftr-485	592	3	parts	part	NOUN
ftr-485	592	4	iii.b.3	iii.b.3	PROPN
ftr-485	592	5	,	,	PUNCT
ftr-485	592	6	iv.1	iv.1	PROPN
ftr-485	592	7	.	.	PUNCT
ftr-485	593	1	part	part	NOUN
ftr-485	593	2	xiii	xiii	NOUN
ftr-485	593	3	of	of	ADP
ftr-485	593	4	the	the	DET
ftr-485	593	5	canadian	canadian	ADJ
ftr-485	593	6	income	income	NOUN
ftr-485	593	7	tax	tax	PROPN
ftr-485	593	8	act	act	PROPN
ftr-485	593	9	imposes	impose	VERB
ftr-485	593	10	the	the	DET
ftr-485	593	11	withholding	withholding	NOUN
ftr-485	593	12	tax	tax	NOUN
ftr-485	593	13	on	on	ADP
ftr-485	593	14	interest	interest	NOUN
ftr-485	593	15	,	,	PUNCT
ftr-485	593	16	subject	subject	ADJ
ftr-485	593	17	to	to	ADP
ftr-485	593	18	exceptions	exception	NOUN
ftr-485	593	19	.	.	PUNCT
ftr-485	594	1	see	see	VERB
ftr-485	594	2	john	john	PROPN
ftr-485	594	3	m.	m.	PROPN
ftr-485	594	4	ulmer	ulmer	PROPN
ftr-485	594	5	and	and	CCONJ
ftr-485	594	6	john	john	PROPN
ftr-485	594	7	a.	a.	PROPN
ftr-485	594	8	zinn	zinn	PROPN
ftr-485	594	9	,	,	PUNCT
ftr-485	594	10	foreign	foreign	ADJ
ftr-485	594	11	investment	investment	NOUN
ftr-485	594	12	in	in	ADP
ftr-485	594	13	canada	canada	PROPN
ftr-485	594	14	,	,	PUNCT
ftr-485	594	15	22	22	NUM
ftr-485	594	16	tax	tax	NOUN
ftr-485	594	17	planning	planning	NOUN
ftr-485	594	18	int'l	int'l	NOUN
ftr-485	594	19	rev	rev	VERB
ftr-485	594	20	.	.	PROPN
ftr-485	594	21	3	3	NUM
ftr-485	594	22	(	(	PUNCT
ftr-485	594	23	1995	1995	NUM
ftr-485	594	24	)	)	PUNCT
ftr-485	594	25	.	.	PUNCT
ftr-485	595	1	[	[	X
ftr-485	595	2	vol	vol	NOUN
ftr-485	595	3	.	.	PUNCT
ftr-485	596	1	2:11	2:11	NUM
ftr-485	596	2	the	the	DET
ftr-485	596	3	recharacterization	recharacterization	NOUN
ftr-485	596	4	of	of	ADP
ftr-485	596	5	cross	cross	ADJ
ftr-485	596	6	-	-	ADJ
ftr-485	596	7	border	border	ADJ
ftr-485	596	8	interest	interest	NOUN
ftr-485	596	9	rare	rare	ADJ
ftr-485	596	10	swaps	swap	NOUN
ftr-485	596	11	states	state	NOUN
ftr-485	596	12	of	of	ADP
ftr-485	596	13	the	the	DET
ftr-485	596	14	swap	swap	NOUN
ftr-485	596	15	counterparties	counterpartie	NOUN
ftr-485	596	16	may	may	AUX
ftr-485	596	17	often	often	ADV
ftr-485	596	18	not	not	PART
ftr-485	596	19	eliminate	eliminate	VERB
ftr-485	596	20	double	double	ADJ
ftr-485	596	21	taxation	taxation	NOUN
ftr-485	596	22	of	of	ADP
ftr-485	596	23	all	all	PRON
ftr-485	596	24	of	of	ADP
ftr-485	596	25	the	the	DET
ftr-485	596	26	payments	payment	NOUN
ftr-485	596	27	made	make	VERB
ftr-485	596	28	under	under	ADP
ftr-485	596	29	an	an	DET
ftr-485	596	30	off	off	ADJ
ftr-485	596	31	-	-	PUNCT
ftr-485	596	32	market	market	NOUN
ftr-485	596	33	interest	interest	NOUN
ftr-485	596	34	rate	rate	NOUN
ftr-485	596	35	swap	swap	NOUN
ftr-485	596	36	contract	contract	NOUN
ftr-485	596	37	.	.	PUNCT
ftr-485	596	38	'	'	PUNCT
ftr-485	597	1	b.	b.	PROPN
ftr-485	597	2	interest	interest	NOUN
ftr-485	597	3	under	under	ADP
ftr-485	597	4	the	the	DET
ftr-485	597	5	model	model	NOUN
ftr-485	597	6	conventions	convention	NOUN
ftr-485	597	7	1	1	NUM
ftr-485	597	8	.	.	PUNCT
ftr-485	597	9	definition.-interest	definition.-interest	PROPN
ftr-485	597	10	is	be	AUX
ftr-485	597	11	defined	define	VERB
ftr-485	597	12	under	under	ADP
ftr-485	597	13	article	article	NOUN
ftr-485	597	14	1	1	NUM
ftr-485	597	15	1	1	NUM
ftr-485	597	16	(	(	PUNCT
ftr-485	597	17	the	the	DET
ftr-485	597	18	interest	interest	NOUN
ftr-485	597	19	article	article	NOUN
ftr-485	597	20	)	)	PUNCT
ftr-485	597	21	of	of	ADP
ftr-485	597	22	both	both	CCONJ
ftr-485	597	23	the	the	DET
ftr-485	597	24	oecd	oecd	PROPN
ftr-485	597	25	model	model	NOUN
ftr-485	597	26	convention	convention	PROPN
ftr-485	597	27	and	and	CCONJ
ftr-485	597	28	the	the	DET
ftr-485	597	29	u.s	u.s	PROPN
ftr-485	597	30	.	.	PROPN
ftr-485	597	31	treasury	treasury	PROPN
ftr-485	597	32	model	model	PROPN
ftr-485	597	33	convention	convention	PROPN
ftr-485	597	34	as	as	ADP
ftr-485	597	35	"	"	PUNCT
ftr-485	597	36	income	income	NOUN
ftr-485	597	37	from	from	ADP
ftr-485	597	38	debt	debt	NOUN
ftr-485	597	39	-	-	PUNCT
ftr-485	597	40	claims	claim	NOUN
ftr-485	597	41	of	of	ADP
ftr-485	597	42	every	every	DET
ftr-485	597	43	kind	kind	NOUN
ftr-485	597	44	.	.	PUNCT
ftr-485	598	1	"95	"95	VERB
ftr-485	598	2	the	the	DET
ftr-485	598	3	oecd	oecd	PROPN
ftr-485	598	4	model	model	NOUN
ftr-485	598	5	states	state	VERB
ftr-485	598	6	that	that	SCONJ
ftr-485	598	7	"	"	PUNCT
ftr-485	598	8	[	[	X
ftr-485	598	9	i]nterest	i]nterest	X
ftr-485	598	10	arising	arise	VERB
ftr-485	598	11	in	in	ADP
ftr-485	598	12	a	a	DET
ftr-485	598	13	contracting	contracting	NOUN
ftr-485	598	14	state	state	NOUN
ftr-485	598	15	and	and	CCONJ
ftr-485	598	16	paid	pay	VERB
ftr-485	598	17	to	to	ADP
ftr-485	598	18	a	a	DET
ftr-485	598	19	resident	resident	NOUN
ftr-485	598	20	of	of	ADP
ftr-485	598	21	the	the	DET
ftr-485	598	22	other	other	ADJ
ftr-485	598	23	contracting	contracting	NOUN
ftr-485	598	24	state	state	NOUN
ftr-485	598	25	may	may	AUX
ftr-485	598	26	be	be	AUX
ftr-485	598	27	taxed	tax	VERB
ftr-485	598	28	in	in	ADP
ftr-485	598	29	that	that	DET
ftr-485	598	30	other	other	ADJ
ftr-485	598	31	state	state	NOUN
ftr-485	598	32	"	"	PUNCT
ftr-485	598	33	(	(	PUNCT
ftr-485	598	34	i.e.	i.e.	X
ftr-485	598	35	,	,	PUNCT
ftr-485	598	36	in	in	ADP
ftr-485	598	37	the	the	DET
ftr-485	598	38	residence	residence	NOUN
ftr-485	598	39	state	state	NOUN
ftr-485	598	40	of	of	ADP
ftr-485	598	41	the	the	DET
ftr-485	598	42	interest	interest	NOUN
ftr-485	598	43	recipient	recipient	NOUN
ftr-485	598	44	m	m	PROPN
ftr-485	598	45	)	)	PUNCT
ftr-485	598	46	.	.	PUNCT
ftr-485	599	1	the	the	DET
ftr-485	599	2	oecd	oecd	PROPN
ftr-485	599	3	model	model	NOUN
ftr-485	599	4	further	further	ADJ
ftr-485	599	5	states	state	NOUN
ftr-485	599	6	:	:	PUNCT
ftr-485	599	7	"	"	PUNCT
ftr-485	599	8	however	however	ADV
ftr-485	599	9	,	,	PUNCT
ftr-485	599	10	such	such	ADJ
ftr-485	599	11	interest	interest	NOUN
ftr-485	599	12	may	may	AUX
ftr-485	599	13	also	also	ADV
ftr-485	599	14	be	be	AUX
ftr-485	599	15	taxed	tax	VERB
ftr-485	599	16	in	in	ADP
ftr-485	599	17	the	the	DET
ftr-485	599	18	contracting	contracting	NOUN
ftr-485	599	19	state	state	NOUN
ftr-485	599	20	in	in	ADP
ftr-485	599	21	which	which	PRON
ftr-485	599	22	it	it	PRON
ftr-485	599	23	arises	arise	VERB
ftr-485	599	24	and	and	CCONJ
ftr-485	599	25	according	accord	VERB
ftr-485	599	26	to	to	ADP
ftr-485	599	27	the	the	DET
ftr-485	599	28	laws	law	NOUN
ftr-485	599	29	of	of	ADP
ftr-485	599	30	that	that	DET
ftr-485	599	31	state	state	NOUN
ftr-485	599	32	.	.	PUNCT
ftr-485	599	33	.	.	PUNCT
ftr-485	599	34	.	.	PUNCT
ftr-485	599	35	.	.	PUNCT
ftr-485	599	36	"	"	PUNCT
ftr-485	600	1	thus	thus	ADV
ftr-485	600	2	,	,	PUNCT
ftr-485	600	3	under	under	ADP
ftr-485	600	4	the	the	DET
ftr-485	600	5	oecd	oecd	PROPN
ftr-485	600	6	model	model	NOUN
ftr-485	600	7	,	,	PUNCT
ftr-485	600	8	the	the	DET
ftr-485	600	9	source	source	NOUN
ftr-485	600	10	state	state	NOUN
ftr-485	600	11	is	be	AUX
ftr-485	600	12	also	also	ADV
ftr-485	600	13	not	not	PART
ftr-485	600	14	prohibited	prohibit	VERB
ftr-485	600	15	from	from	ADP
ftr-485	600	16	taxing	tax	VERB
ftr-485	600	17	interest	interest	NOUN
ftr-485	600	18	,	,	PUNCT
ftr-485	600	19	although	although	SCONJ
ftr-485	600	20	the	the	DET
ftr-485	600	21	amount	amount	NOUN
ftr-485	600	22	of	of	ADP
ftr-485	600	23	tax	tax	NOUN
ftr-485	600	24	may	may	AUX
ftr-485	600	25	be	be	AUX
ftr-485	600	26	limited	limit	VERB
ftr-485	600	27	by	by	ADP
ftr-485	600	28	the	the	DET
ftr-485	600	29	interest	interest	NOUN
ftr-485	600	30	article	article	NOUN
ftr-485	600	31	.	.	PUNCT
ftr-485	600	32	"	"	PUNCT
ftr-485	601	1	this	this	PRON
ftr-485	601	2	is	be	AUX
ftr-485	601	3	the	the	DET
ftr-485	601	4	regime	regime	NOUN
ftr-485	601	5	for	for	ADP
ftr-485	601	6	the	the	DET
ftr-485	601	7	taxation	taxation	NOUN
ftr-485	601	8	of	of	ADP
ftr-485	601	9	interest	interest	NOUN
ftr-485	601	10	followed	follow	VERB
ftr-485	601	11	in	in	ADP
ftr-485	601	12	a	a	DET
ftr-485	601	13	significant	significant	ADJ
ftr-485	601	14	number	number	NOUN
ftr-485	601	15	of	of	ADP
ftr-485	601	16	tax	tax	NOUN
ftr-485	601	17	treaties	treaty	NOUN
ftr-485	601	18	currently	currently	ADV
ftr-485	601	19	in	in	ADP
ftr-485	601	20	force	force	NOUN
ftr-485	601	21	around	around	ADP
ftr-485	601	22	the	the	DET
ftr-485	601	23	world	world	NOUN
ftr-485	601	24	.	.	PUNCT
ftr-485	601	25	"	"	PUNCT
ftr-485	602	1	2	2	NUM
ftr-485	602	2	.	.	X
ftr-485	602	3	rationale	rationale	NOUN
ftr-485	602	4	for	for	ADP
ftr-485	602	5	the	the	DET
ftr-485	602	6	sharing	sharing	NOUN
ftr-485	602	7	of	of	ADP
ftr-485	602	8	tar	tar	NOUN
ftr-485	602	9	on	on	ADP
ftr-485	602	10	interest.-reduced	interest.-reduced	ADJ
ftr-485	602	11	source	source	NOUN
ftr-485	602	12	state	state	NOUN
ftr-485	602	13	taxation	taxation	NOUN
ftr-485	602	14	on	on	ADP
ftr-485	602	15	interest	interest	NOUN
ftr-485	602	16	is	be	AUX
ftr-485	602	17	a	a	DET
ftr-485	602	18	recognition	recognition	NOUN
ftr-485	602	19	that	that	SCONJ
ftr-485	602	20	passive	passive	ADJ
ftr-485	602	21	foreign	foreign	ADJ
ftr-485	602	22	investment	investment	NOUN
ftr-485	602	23	is	be	AUX
ftr-485	602	24	to	to	PART
ftr-485	602	25	be	be	AUX
ftr-485	602	26	welcomed	welcome	VERB
ftr-485	602	27	in	in	ADP
ftr-485	602	28	the	the	DET
ftr-485	602	29	source	source	NOUN
ftr-485	602	30	state	state	NOUN
ftr-485	602	31	,	,	PUNCT
ftr-485	602	32	yet	yet	CCONJ
ftr-485	602	33	since	since	SCONJ
ftr-485	602	34	the	the	DET
ftr-485	602	35	source	source	NOUN
ftr-485	602	36	state	state	NOUN
ftr-485	602	37	is	be	AUX
ftr-485	602	38	used	use	VERB
ftr-485	602	39	to	to	PART
ftr-485	602	40	generate	generate	VERB
ftr-485	602	41	the	the	DET
ftr-485	602	42	income	income	NOUN
ftr-485	602	43	,	,	PUNCT
ftr-485	602	44	it	it	PRON
ftr-485	602	45	is	be	AUX
ftr-485	602	46	entitled	entitle	VERB
ftr-485	602	47	to	to	ADP
ftr-485	602	48	a	a	DET
ftr-485	602	49	part	part	NOUN
ftr-485	602	50	of	of	ADP
ftr-485	602	51	it	it	PRON
ftr-485	602	52	.	.	PUNCT
ftr-485	603	1	this	this	DET
ftr-485	603	2	sharing	sharing	NOUN
ftr-485	603	3	of	of	ADP
ftr-485	603	4	tax	tax	NOUN
ftr-485	603	5	revenue	revenue	NOUN
ftr-485	603	6	by	by	ADP
ftr-485	603	7	the	the	DET
ftr-485	603	8	contracting	contracting	NOUN
ftr-485	603	9	states	state	NOUN
ftr-485	603	10	is	be	AUX
ftr-485	603	11	exemplary	exemplary	ADJ
ftr-485	603	12	of	of	ADP
ftr-485	603	13	the	the	DET
ftr-485	603	14	sine	sine	NOUN
ftr-485	603	15	qua	qua	NOUN
ftr-485	603	16	non	non	X
ftr-485	603	17	of	of	ADP
ftr-485	603	18	tax	tax	NOUN
ftr-485	603	19	treaties	treaty	NOUN
ftr-485	603	20	,	,	PUNCT
ftr-485	603	21	which	which	PRON
ftr-485	603	22	is	be	AUX
ftr-485	603	23	,	,	PUNCT
ftr-485	603	24	as	as	SCONJ
ftr-485	603	25	professor	professor	PROPN
ftr-485	603	26	klaus	klaus	PROPN
ftr-485	603	27	vogel	vogel	PROPN
ftr-485	603	28	says	say	VERB
ftr-485	603	29	,	,	PUNCT
ftr-485	603	30	that	that	SCONJ
ftr-485	603	31	"	"	PUNCT
ftr-485	603	32	by	by	ADP
ftr-485	603	33	concluding	conclude	VERB
ftr-485	603	34	tax	tax	NOUN
ftr-485	603	35	treaties	treaty	NOUN
ftr-485	603	36	,	,	PUNCT
ftr-485	603	37	[	[	X
ftr-485	603	38	states	state	NOUN
ftr-485	603	39	]	]	PUNCT
ftr-485	603	40	agree	agree	VERB
ftr-485	603	41	to	to	PART
ftr-485	603	42	restrict	restrict	VERB
ftr-485	603	43	their	their	PRON
ftr-485	603	44	substantive	substantive	ADJ
ftr-485	603	45	law	law	NOUN
ftr-485	603	46	reciprocally	reciprocally	ADV
ftr-485	603	47	.	.	PUNCT
ftr-485	604	1	"	"	PUNCT
ftr-485	604	2	'	'	PUNCT
ftr-485	604	3	too	too	ADV
ftr-485	604	4	further	far	ADV
ftr-485	604	5	,	,	PUNCT
ftr-485	604	6	as	as	SCONJ
ftr-485	604	7	he	he	PRON
ftr-485	604	8	continues	continue	VERB
ftr-485	604	9	,	,	PUNCT
ftr-485	604	10	"	"	PUNCT
ftr-485	604	11	in	in	ADP
ftr-485	604	12	those	those	DET
ftr-485	604	13	situations	situation	NOUN
ftr-485	604	14	in	in	ADP
ftr-485	604	15	which	which	PRON
ftr-485	604	16	substantive	substantive	ADJ
ftr-485	604	17	tax	tax	NOUN
ftr-485	604	18	law	law	NOUN
ftr-485	604	19	is	be	AUX
ftr-485	604	20	expected	expect	VERB
ftr-485	604	21	to	to	ADP
ftr-485	604	22	94	94	NUM
ftr-485	604	23	.	.	PUNCT
ftr-485	605	1	for	for	ADP
ftr-485	605	2	discussion	discussion	NOUN
ftr-485	605	3	of	of	ADP
ftr-485	605	4	the	the	DET
ftr-485	605	5	problems	problem	NOUN
ftr-485	605	6	facing	face	VERB
ftr-485	605	7	oecd	oecd	PROPN
ftr-485	605	8	member	member	NOUN
ftr-485	605	9	states	state	NOUN
ftr-485	605	10	in	in	ADP
ftr-485	605	11	their	their	PRON
ftr-485	605	12	taxation	taxation	NOUN
ftr-485	605	13	of	of	ADP
ftr-485	605	14	a	a	DET
ftr-485	605	15	variety	variety	NOUN
ftr-485	605	16	of	of	ADP
ftr-485	605	17	financial	financial	ADJ
ftr-485	605	18	instruments	instrument	NOUN
ftr-485	605	19	,	,	PUNCT
ftr-485	605	20	see	see	VERB
ftr-485	605	21	organization	organization	NOUN
ftr-485	605	22	for	for	ADP
ftr-485	605	23	economic	economic	ADJ
ftr-485	605	24	co	co	NOUN
ftr-485	605	25	-	-	NOUN
ftr-485	605	26	operation	operation	NOUN
ftr-485	605	27	and	and	CCONJ
ftr-485	605	28	development	development	NOUN
ftr-485	605	29	,	,	PUNCT
ftr-485	605	30	taxation	taxation	NOUN
ftr-485	605	31	of	of	ADP
ftr-485	605	32	new	new	ADJ
ftr-485	605	33	financial	financial	ADJ
ftr-485	605	34	instruments	instrument	NOUN
ftr-485	605	35	(	(	PUNCT
ftr-485	605	36	1994	1994	NUM
ftr-485	605	37	)	)	PUNCT
ftr-485	606	1	[	[	X
ftr-485	606	2	hereinafter	hereinafter	NOUN
ftr-485	606	3	1994	1994	NUM
ftr-485	606	4	oecd	oecd	PROPN
ftr-485	606	5	report	report	PROPN
ftr-485	606	6	]	]	X
ftr-485	606	7	.	.	PUNCT
ftr-485	607	1	95	95	NUM
ftr-485	607	2	.	.	PUNCT
ftr-485	607	3	1994	1994	NUM
ftr-485	608	1	oecd	oecd	PROPN
ftr-485	608	2	model	model	PROPN
ftr-485	608	3	,	,	PUNCT
ftr-485	608	4	supra	supra	PROPN
ftr-485	608	5	note	note	NOUN
ftr-485	608	6	3	3	NUM
ftr-485	608	7	,	,	PUNCT
ftr-485	608	8	art	art	NOUN
ftr-485	608	9	.	.	PUNCT
ftr-485	609	1	ii	ii	PROPN
ftr-485	609	2	,	,	PUNCT
ftr-485	609	3	para	para	PROPN
ftr-485	609	4	.	.	PUNCT
ftr-485	610	1	3	3	NUM
ftr-485	610	2	;	;	PUNCT
ftr-485	610	3	united	united	PROPN
ftr-485	610	4	states	states	PROPN
ftr-485	610	5	model	model	PROPN
ftr-485	610	6	income	income	PROPN
ftr-485	610	7	tax	tax	PROPN
ftr-485	610	8	treaty	treaty	PROPN
ftr-485	610	9	,	,	PUNCT
ftr-485	610	10	june	june	PROPN
ftr-485	610	11	16	16	NUM
ftr-485	610	12	,	,	PUNCT
ftr-485	610	13	1981	1981	NUM
ftr-485	610	14	,	,	PUNCT
ftr-485	610	15	art	art	NOUN
ftr-485	610	16	.	.	PUNCT
ftr-485	611	1	ii	ii	PROPN
ftr-485	611	2	,	,	PUNCT
ftr-485	611	3	para	para	NOUN
ftr-485	611	4	.	.	PUNCT
ftr-485	611	5	2	2	NUM
ftr-485	612	1	[	[	SYM
ftr-485	612	2	hereinafter	hereinafter	NOUN
ftr-485	612	3	1981	1981	NUM
ftr-485	612	4	u.s	u.s	PROPN
ftr-485	612	5	.	.	PROPN
ftr-485	612	6	model	model	PROPN
ftr-485	612	7	]	]	PUNCT
ftr-485	612	8	.	.	PUNCT
ftr-485	613	1	both	both	CCONJ
ftr-485	613	2	the	the	DET
ftr-485	613	3	1981	1981	NUM
ftr-485	613	4	u.s	u.s	PROPN
ftr-485	613	5	.	.	PROPN
ftr-485	613	6	model	model	NOUN
ftr-485	613	7	and	and	CCONJ
ftr-485	613	8	an	an	DET
ftr-485	613	9	earlier	early	ADJ
ftr-485	613	10	model	model	NOUN
ftr-485	613	11	promulgated	promulgate	VERB
ftr-485	613	12	in	in	ADP
ftr-485	613	13	1977	1977	NUM
ftr-485	613	14	have	have	AUX
ftr-485	613	15	been	be	AUX
ftr-485	613	16	withdrawn	withdraw	VERB
ftr-485	613	17	because	because	SCONJ
ftr-485	613	18	they	they	PRON
ftr-485	613	19	are	be	AUX
ftr-485	613	20	significantly	significantly	ADV
ftr-485	613	21	out	out	ADP
ftr-485	613	22	of	of	ADP
ftr-485	613	23	date	date	NOUN
ftr-485	613	24	.	.	PUNCT
ftr-485	614	1	treasury	treasury	PROPN
ftr-485	614	2	department	department	PROPN
ftr-485	614	3	news	news	PROPN
ftr-485	614	4	release	release	NOUN
ftr-485	614	5	,	,	PUNCT
ftr-485	614	6	ivb-1900	ivb-1900	NOUN
ftr-485	614	7	,	,	PUNCT
ftr-485	614	8	july	july	PROPN
ftr-485	614	9	17	17	NUM
ftr-485	614	10	,	,	PUNCT
ftr-485	614	11	1992	1992	NUM
ftr-485	614	12	.	.	PUNCT
ftr-485	615	1	however	however	ADV
ftr-485	615	2	,	,	PUNCT
ftr-485	615	3	the	the	DET
ftr-485	615	4	treasury	treasury	NOUN
ftr-485	615	5	has	have	AUX
ftr-485	615	6	not	not	PART
ftr-485	615	7	yet	yet	ADV
ftr-485	615	8	issued	issue	VERB
ftr-485	615	9	a	a	DET
ftr-485	615	10	new	new	ADJ
ftr-485	615	11	model	model	NOUN
ftr-485	615	12	.	.	PUNCT
ftr-485	616	1	96	96	NUM
ftr-485	616	2	.	.	NUM
ftr-485	616	3	1994	1994	NUM
ftr-485	617	1	oecd	oecd	PROPN
ftr-485	617	2	model	model	PROPN
ftr-485	617	3	,	,	PUNCT
ftr-485	617	4	supra	supra	PROPN
ftr-485	617	5	note	note	NOUN
ftr-485	617	6	3	3	NUM
ftr-485	617	7	.	.	PUNCT
ftr-485	617	8	art	art	NOUN
ftr-485	617	9	.	.	PUNCT
ftr-485	618	1	1i	1i	NOUN
ftr-485	618	2	,	,	PUNCT
ftr-485	618	3	para	para	NOUN
ftr-485	618	4	.	.	PUNCT
ftr-485	619	1	1	1	NUM
ftr-485	619	2	.	.	X
ftr-485	620	1	97	97	NUM
ftr-485	620	2	.	.	PUNCT
ftr-485	621	1	i	i	PRON
ftr-485	621	2	d.	d.	PROPN
ftr-485	621	3	at	at	ADP
ftr-485	621	4	art.l	art.l	PROPN
ftr-485	621	5	1	1	NUM
ftr-485	621	6	,	,	PUNCT
ftr-485	621	7	para	para	NOUN
ftr-485	621	8	.	.	PUNCT
ftr-485	622	1	2	2	NUM
ftr-485	622	2	.	.	NUM
ftr-485	622	3	98	98	NUM
ftr-485	622	4	.	.	PUNCT
ftr-485	623	1	i	i	PRON
ftr-485	623	2	d.	d.	PROPN
ftr-485	623	3	if	if	SCONJ
ftr-485	623	4	a	a	DET
ftr-485	623	5	treaty	treaty	NOUN
ftr-485	623	6	provides	provide	VERB
ftr-485	623	7	that	that	SCONJ
ftr-485	623	8	interest	interest	NOUN
ftr-485	623	9	is	be	AUX
ftr-485	623	10	to	to	PART
ftr-485	623	11	be	be	AUX
ftr-485	623	12	taxed	tax	VERB
ftr-485	623	13	only	only	ADV
ftr-485	623	14	by	by	ADP
ftr-485	623	15	the	the	DET
ftr-485	623	16	residence	residence	NOUN
ftr-485	623	17	state	state	NOUN
ftr-485	623	18	of	of	ADP
ftr-485	623	19	the	the	DET
ftr-485	623	20	interest	interest	NOUN
ftr-485	623	21	recipient	recipient	NOUN
ftr-485	623	22	,	,	PUNCT
ftr-485	623	23	double	double	ADJ
ftr-485	623	24	taxation	taxation	NOUN
ftr-485	623	25	of	of	ADP
ftr-485	623	26	the	the	DET
ftr-485	623	27	interest	interest	NOUN
ftr-485	623	28	component	component	NOUN
ftr-485	623	29	is	be	AUX
ftr-485	623	30	avoided	avoid	VERB
ftr-485	623	31	.	.	PUNCT
ftr-485	624	1	99	99	NUM
ftr-485	624	2	.	.	PUNCT
ftr-485	625	1	slightly	slightly	ADV
ftr-485	625	2	fewer	few	ADJ
ftr-485	625	3	than	than	ADP
ftr-485	625	4	one	one	NUM
ftr-485	625	5	-	-	PUNCT
ftr-485	625	6	half	half	NOUN
ftr-485	625	7	of	of	ADP
ftr-485	625	8	the	the	DET
ftr-485	625	9	u.s	u.s	PROPN
ftr-485	625	10	.	.	PROPN
ftr-485	625	11	tax	tax	NOUN
ftr-485	625	12	treaties	treaty	NOUN
ftr-485	625	13	follow	follow	VERB
ftr-485	625	14	this	this	DET
ftr-485	625	15	pattern	pattern	NOUN
ftr-485	625	16	as	as	ADV
ftr-485	625	17	well	well	ADV
ftr-485	625	18	,	,	PUNCT
ftr-485	625	19	although	although	SCONJ
ftr-485	625	20	the	the	DET
ftr-485	625	21	u.s	u.s	PROPN
ftr-485	625	22	.	.	PROPN
ftr-485	625	23	model	model	PROPN
ftr-485	625	24	convention	convention	PROPN
ftr-485	625	25	does	do	AUX
ftr-485	625	26	provide	provide	VERB
ftr-485	625	27	that	that	DET
ftr-485	625	28	interest	interest	NOUN
ftr-485	625	29	is	be	AUX
ftr-485	625	30	to	to	PART
ftr-485	625	31	be	be	AUX
ftr-485	625	32	taxed	tax	VERB
ftr-485	625	33	exclusively	exclusively	ADV
ftr-485	625	34	by	by	ADP
ftr-485	625	35	the	the	DET
ftr-485	625	36	residence	residence	NOUN
ftr-485	625	37	state	state	NOUN
ftr-485	625	38	.	.	PUNCT
ftr-485	626	1	article	article	NOUN
ftr-485	626	2	11(1	11(1	NUM
ftr-485	626	3	)	)	PUNCT
ftr-485	626	4	uses	use	VERB
ftr-485	626	5	the	the	DET
ftr-485	626	6	phrase	phrase	NOUN
ftr-485	626	7	"	"	PUNCT
ftr-485	626	8	shall	shall	AUX
ftr-485	626	9	be	be	AUX
ftr-485	626	10	taxable	taxable	ADJ
ftr-485	626	11	only	only	ADV
ftr-485	626	12	"	"	PUNCT
ftr-485	626	13	to	to	PART
ftr-485	626	14	attribute	attribute	VERB
ftr-485	626	15	exclusive	exclusive	ADJ
ftr-485	626	16	taxation	taxation	NOUN
ftr-485	626	17	of	of	ADP
ftr-485	626	18	interest	interest	NOUN
ftr-485	626	19	to	to	ADP
ftr-485	626	20	the	the	DET
ftr-485	626	21	residence	residence	NOUN
ftr-485	626	22	state	state	NOUN
ftr-485	626	23	of	of	ADP
ftr-485	626	24	the	the	DET
ftr-485	626	25	interest	interest	NOUN
ftr-485	626	26	recipient	recipient	NOUN
ftr-485	626	27	.	.	PUNCT
ftr-485	627	1	see	see	VERB
ftr-485	627	2	vogel	vogel	PROPN
ftr-485	627	3	dtc	dtc	PROPN
ftr-485	627	4	.	.	PUNCT
ftr-485	628	1	supra	supra	PROPN
ftr-485	628	2	note	note	PROPN
ftr-485	628	3	91	91	NUM
ftr-485	628	4	,	,	PUNCT
ftr-485	628	5	at	at	ADP
ftr-485	628	6	22	22	NUM
ftr-485	628	7	for	for	ADP
ftr-485	628	8	discussion	discussion	NOUN
ftr-485	628	9	of	of	ADP
ftr-485	628	10	the	the	DET
ftr-485	628	11	differences	difference	NOUN
ftr-485	628	12	between	between	ADP
ftr-485	628	13	the	the	DET
ftr-485	628	14	terms	term	NOUN
ftr-485	628	15	"	"	PUNCT
ftr-485	628	16	may	may	AUX
ftr-485	628	17	be	be	AUX
ftr-485	628	18	taxable	taxable	ADJ
ftr-485	628	19	"	"	PUNCT
ftr-485	628	20	and	and	CCONJ
ftr-485	628	21	-shall	-shall	NOUN
ftr-485	628	22	be	be	AUX
ftr-485	628	23	taxable	taxable	ADJ
ftr-485	628	24	"	"	PUNCT
ftr-485	628	25	;	;	PUNCT
ftr-485	628	26	see	see	VERB
ftr-485	628	27	also	also	ADV
ftr-485	628	28	1994	1994	NUM
ftr-485	628	29	oecd	oecd	PROPN
ftr-485	628	30	model	model	NOUN
ftr-485	628	31	,	,	PUNCT
ftr-485	628	32	supra	supra	PROPN
ftr-485	628	33	note	note	NOUN
ftr-485	628	34	3	3	NUM
ftr-485	628	35	.	.	PUNCT
ftr-485	628	36	commentary	commentary	NOUN
ftr-485	628	37	on	on	ADP
ftr-485	628	38	art	art	NOUN
ftr-485	628	39	.	.	PUNCT
ftr-485	629	1	23	23	NUM
ftr-485	629	2	,	,	PUNCT
ftr-485	629	3	paras	paras	X
ftr-485	629	4	.	.	NOUN
ftr-485	630	1	6	6	NUM
ftr-485	630	2	-	-	SYM
ftr-485	630	3	7	7	NUM
ftr-485	630	4	.	.	NOUN
ftr-485	630	5	100	100	NUM
ftr-485	630	6	.	.	PUNCT
ftr-485	631	1	vogel	vogel	PROPN
ftr-485	631	2	dtc	dtc	PROPN
ftr-485	631	3	,	,	PUNCT
ftr-485	631	4	supra	supra	PROPN
ftr-485	631	5	note	note	NOUN
ftr-485	631	6	91	91	NUM
ftr-485	631	7	,	,	PUNCT
ftr-485	631	8	at	at	ADP
ftr-485	631	9	19	19	NUM
ftr-485	631	10	.	.	NOUN
ftr-485	631	11	1995	1995	NUM
ftr-485	631	12	]	]	PUNCT
ftr-485	631	13	florida	florida	PROPN
ftr-485	631	14	tax	tax	NOUN
ftr-485	631	15	review	review	NOUN
ftr-485	631	16	overlap	overlap	NOUN
ftr-485	631	17	,	,	PUNCT
ftr-485	631	18	the	the	DET
ftr-485	631	19	contracting	contracting	NOUN
ftr-485	631	20	states	state	NOUN
ftr-485	631	21	decide	decide	VERB
ftr-485	631	22	which	which	PRON
ftr-485	631	23	of	of	ADP
ftr-485	631	24	them	they	PRON
ftr-485	631	25	shall	shall	AUX
ftr-485	631	26	be	be	AUX
ftr-485	631	27	bound	bind	VERB
ftr-485	631	28	to	to	PART
ftr-485	631	29	withdraw	withdraw	VERB
ftr-485	631	30	its	its	PRON
ftr-485	631	31	tax	tax	NOUN
ftr-485	631	32	claim	claim	NOUN
ftr-485	631	33	,	,	PUNCT
ftr-485	631	34	''	''	PUNCT
ftr-485	631	35	.	.	PUNCT
ftr-485	632	1	or	or	CCONJ
ftr-485	632	2	,	,	PUNCT
ftr-485	632	3	as	as	ADP
ftr-485	632	4	with	with	ADP
ftr-485	632	5	interest	interest	NOUN
ftr-485	632	6	,	,	PUNCT
ftr-485	632	7	limit	limit	VERB
ftr-485	632	8	its	its	PRON
ftr-485	632	9	tax	tax	NOUN
ftr-485	632	10	claim	claim	NOUN
ftr-485	632	11	,	,	PUNCT
ftr-485	632	12	so	so	SCONJ
ftr-485	632	13	that	that	SCONJ
ftr-485	632	14	the	the	DET
ftr-485	632	15	income	income	NOUN
ftr-485	632	16	is	be	AUX
ftr-485	632	17	not	not	PART
ftr-485	632	18	taxed	tax	VERB
ftr-485	632	19	fully	fully	ADV
ftr-485	632	20	twice	twice	ADV
ftr-485	632	21	.	.	PUNCT
ftr-485	633	1	3	3	X
ftr-485	633	2	.	.	X
ftr-485	633	3	origins	origin	NOUN
ftr-485	633	4	of	of	ADP
ftr-485	633	5	double	double	ADJ
ftr-485	633	6	taxation	taxation	NOUN
ftr-485	633	7	under	under	ADP
ftr-485	633	8	an	an	DET
ftr-485	633	9	off	off	ADJ
ftr-485	633	10	-	-	PUNCT
ftr-485	633	11	market	market	NOUN
ftr-485	633	12	swap.-the	swap.-the	DET
ftr-485	633	13	proper	proper	ADJ
ftr-485	633	14	functioning	functioning	NOUN
ftr-485	633	15	of	of	ADP
ftr-485	633	16	double	double	ADJ
ftr-485	633	17	taxation	taxation	NOUN
ftr-485	633	18	conventions	convention	NOUN
ftr-485	633	19	is	be	AUX
ftr-485	633	20	predicated	predicate	VERB
ftr-485	633	21	on	on	ADP
ftr-485	633	22	a	a	DET
ftr-485	633	23	common	common	ADJ
ftr-485	633	24	characterization	characterization	NOUN
ftr-485	633	25	of	of	ADP
ftr-485	633	26	a	a	DET
ftr-485	633	27	particular	particular	ADJ
ftr-485	633	28	income	income	NOUN
ftr-485	633	29	item	item	NOUN
ftr-485	633	30	under	under	ADP
ftr-485	633	31	the	the	DET
ftr-485	633	32	substantive	substantive	ADJ
ftr-485	633	33	tax	tax	NOUN
ftr-485	633	34	laws	law	NOUN
ftr-485	633	35	of	of	ADP
ftr-485	633	36	the	the	DET
ftr-485	633	37	contracting	contracting	NOUN
ftr-485	633	38	states	state	NOUN
ftr-485	633	39	.	.	PUNCT
ftr-485	634	1	the	the	DET
ftr-485	634	2	interest	interest	NOUN
ftr-485	634	3	article	article	NOUN
ftr-485	634	4	of	of	ADP
ftr-485	634	5	a	a	DET
ftr-485	634	6	tax	tax	NOUN
ftr-485	634	7	treaty	treaty	NOUN
ftr-485	634	8	typically	typically	ADV
ftr-485	634	9	defines	define	VERB
ftr-485	634	10	interest	interest	NOUN
ftr-485	634	11	as	as	ADP
ftr-485	634	12	originating	originate	VERB
ftr-485	634	13	from	from	ADP
ftr-485	634	14	a	a	DET
ftr-485	634	15	debt	debt	NOUN
ftr-485	634	16	-	-	PUNCT
ftr-485	634	17	claim	claim	NOUN
ftr-485	634	18	and	and	CCONJ
ftr-485	634	19	apportions	apportion	VERB
ftr-485	634	20	the	the	DET
ftr-485	634	21	taxation	taxation	NOUN
ftr-485	634	22	of	of	ADP
ftr-485	634	23	income	income	NOUN
ftr-485	634	24	that	that	PRON
ftr-485	634	25	both	both	DET
ftr-485	634	26	countries	country	NOUN
ftr-485	634	27	characterize	characterize	VERB
ftr-485	634	28	as	as	ADP
ftr-485	634	29	interest	interest	NOUN
ftr-485	634	30	.	.	PUNCT
ftr-485	635	1	however	however	ADV
ftr-485	635	2	,	,	PUNCT
ftr-485	635	3	the	the	DET
ftr-485	635	4	treaty	treaty	NOUN
ftr-485	635	5	definition	definition	NOUN
ftr-485	635	6	of	of	ADP
ftr-485	635	7	interest	interest	NOUN
ftr-485	635	8	is	be	AUX
ftr-485	635	9	not	not	PART
ftr-485	635	10	sufficiently	sufficiently	ADV
ftr-485	635	11	specific	specific	ADJ
ftr-485	635	12	and	and	CCONJ
ftr-485	635	13	detailed	detailed	ADJ
ftr-485	635	14	to	to	PART
ftr-485	635	15	ensure	ensure	VERB
ftr-485	635	16	agreement	agreement	NOUN
ftr-485	635	17	among	among	ADP
ftr-485	635	18	states	state	NOUN
ftr-485	635	19	on	on	ADP
ftr-485	635	20	the	the	DET
ftr-485	635	21	characterization	characterization	NOUN
ftr-485	635	22	of	of	ADP
ftr-485	635	23	the	the	DET
ftr-485	635	24	income	income	NOUN
ftr-485	635	25	from	from	ADP
ftr-485	635	26	offmarket	offmarket	ADJ
ftr-485	635	27	swaps	swap	NOUN
ftr-485	635	28	involving	involve	VERB
ftr-485	635	29	large	large	ADJ
ftr-485	635	30	nonperiodic	nonperiodic	ADJ
ftr-485	635	31	payments	payment	NOUN
ftr-485	635	32	.	.	PUNCT
ftr-485	636	1	is	be	AUX
ftr-485	636	2	the	the	DET
ftr-485	636	3	income	income	NOUN
ftr-485	636	4	"	"	PUNCT
ftr-485	636	5	interest	interest	NOUN
ftr-485	636	6	"	"	PUNCT
ftr-485	636	7	since	since	SCONJ
ftr-485	636	8	it	it	PRON
ftr-485	636	9	derives	derive	VERB
ftr-485	636	10	from	from	ADP
ftr-485	636	11	a	a	DET
ftr-485	636	12	loan	loan	NOUN
ftr-485	636	13	bearing	bear	VERB
ftr-485	636	14	interest	interest	NOUN
ftr-485	636	15	,	,	PUNCT
ftr-485	636	16	i.e.	i.e.	X
ftr-485	636	17	is	be	AUX
ftr-485	636	18	it	it	PRON
ftr-485	636	19	"	"	PUNCT
ftr-485	636	20	remuneration	remuneration	NOUN
ftr-485	636	21	on	on	ADP
ftr-485	636	22	money	money	NOUN
ftr-485	636	23	lent	lent	NOUN
ftr-485	636	24	"	"	PUNCT
ftr-485	636	25	'	'	NUM
ftr-485	636	26	2	2	NUM
ftr-485	636	27	as	as	ADP
ftr-485	636	28	in	in	ADP
ftr-485	636	29	the	the	DET
ftr-485	636	30	united	united	PROPN
ftr-485	636	31	states	states	PROPN
ftr-485	636	32	and	and	CCONJ
ftr-485	636	33	perhaps	perhaps	ADV
ftr-485	636	34	in	in	ADP
ftr-485	636	35	other	other	ADJ
ftr-485	636	36	countries	country	NOUN
ftr-485	636	37	,	,	PUNCT
ftr-485	636	38	or	or	CCONJ
ftr-485	636	39	is	be	AUX
ftr-485	636	40	it	it	PRON
ftr-485	636	41	swap	swap	NOUN
ftr-485	636	42	income	income	NOUN
ftr-485	636	43	other	other	ADJ
ftr-485	636	44	than	than	ADP
ftr-485	636	45	interest	interest	NOUN
ftr-485	636	46	?	?	PUNCT
ftr-485	637	1	this	this	DET
ftr-485	637	2	conflict	conflict	NOUN
ftr-485	637	3	exists	exist	VERB
ftr-485	637	4	because	because	SCONJ
ftr-485	637	5	,	,	PUNCT
ftr-485	637	6	as	as	SCONJ
ftr-485	637	7	the	the	DET
ftr-485	637	8	oecd	oecd	PROPN
ftr-485	637	9	report	report	NOUN
ftr-485	637	10	explains	explain	VERB
ftr-485	637	11	,	,	PUNCT
ftr-485	637	12	"	"	PUNCT
ftr-485	637	13	[	[	X
ftr-485	637	14	t]he	t]he	ADJ
ftr-485	637	15	treatment	treatment	NOUN
ftr-485	637	16	of	of	ADP
ftr-485	637	17	payments	payment	NOUN
ftr-485	637	18	relating	relate	VERB
ftr-485	637	19	to	to	ADP
ftr-485	637	20	interest	interest	NOUN
ftr-485	637	21	rate	rate	NOUN
ftr-485	637	22	swaps	swap	NOUN
ftr-485	637	23	under	under	ADP
ftr-485	637	24	double	double	ADJ
ftr-485	637	25	taxation	taxation	NOUN
ftr-485	637	26	treaties	treaty	NOUN
ftr-485	637	27	is	be	AUX
ftr-485	637	28	dependent	dependent	ADJ
ftr-485	637	29	upon	upon	SCONJ
ftr-485	637	30	the	the	DET
ftr-485	637	31	characterisation	characterisation	NOUN
ftr-485	637	32	of	of	ADP
ftr-485	637	33	those	those	DET
ftr-485	637	34	payments	payment	NOUN
ftr-485	637	35	under	under	ADP
ftr-485	637	36	the	the	DET
ftr-485	637	37	domestic	domestic	ADJ
ftr-485	637	38	law	law	NOUN
ftr-485	637	39	of	of	ADP
ftr-485	637	40	the	the	DET
ftr-485	637	41	countries	country	NOUN
ftr-485	637	42	concerned	concern	VERB
ftr-485	637	43	.	.	PUNCT
ftr-485	638	1	"	"	PUNCT
ftr-485	638	2	"	"	PUNCT
ftr-485	638	3	since	since	SCONJ
ftr-485	638	4	the	the	DET
ftr-485	638	5	characterization	characterization	NOUN
ftr-485	638	6	of	of	ADP
ftr-485	638	7	the	the	DET
ftr-485	638	8	payments	payment	NOUN
ftr-485	638	9	by	by	ADP
ftr-485	638	10	one	one	NUM
ftr-485	638	11	contracting	contract	VERB
ftr-485	638	12	state	state	NOUN
ftr-485	638	13	is	be	AUX
ftr-485	638	14	generally	generally	ADV
ftr-485	638	15	considered	consider	VERB
ftr-485	638	16	not	not	PART
ftr-485	638	17	to	to	PART
ftr-485	638	18	bind	bind	VERB
ftr-485	638	19	the	the	DET
ftr-485	638	20	other	other	ADJ
ftr-485	638	21	,	,	PUNCT
ftr-485	638	22	"	"	PUNCT
ftr-485	638	23	'	'	PUNCT
ftr-485	638	24	4	4	NUM
ftr-485	638	25	a	a	DET
ftr-485	638	26	gap	gap	NOUN
ftr-485	638	27	in	in	ADP
ftr-485	638	28	treaty	treaty	NOUN
ftr-485	638	29	coverage	coverage	NOUN
ftr-485	638	30	may	may	AUX
ftr-485	638	31	arise	arise	VERB
ftr-485	638	32	caused	cause	VERB
ftr-485	638	33	by	by	ADP
ftr-485	638	34	conflicting	conflicting	ADJ
ftr-485	638	35	characterizations	characterization	NOUN
ftr-485	638	36	resulting	result	VERB
ftr-485	638	37	from	from	ADP
ftr-485	638	38	fundamental	fundamental	ADJ
ftr-485	638	39	,	,	PUNCT
ftr-485	638	40	differing	differing	ADJ
ftr-485	638	41	perceptions	perception	NOUN
ftr-485	638	42	of	of	ADP
ftr-485	638	43	the	the	DET
ftr-485	638	44	essence	essence	NOUN
ftr-485	638	45	of	of	ADP
ftr-485	638	46	nonperiodic	nonperiodic	ADJ
ftr-485	638	47	swap	swap	NOUN
ftr-485	638	48	payments	payment	NOUN
ftr-485	638	49	.	.	PUNCT
ftr-485	638	50	"	"	PUNCT
ftr-485	639	1	5	5	NUM
ftr-485	639	2	this	this	DET
ftr-485	639	3	income	income	NOUN
ftr-485	639	4	could	could	AUX
ftr-485	639	5	fall	fall	VERB
ftr-485	639	6	under	under	ADP
ftr-485	639	7	at	at	ADV
ftr-485	639	8	least	least	ADV
ftr-485	639	9	four	four	NUM
ftr-485	639	10	different	different	ADJ
ftr-485	639	11	articles	article	NOUN
ftr-485	639	12	of	of	ADP
ftr-485	639	13	many	many	ADJ
ftr-485	639	14	tax	tax	NOUN
ftr-485	639	15	treaties	treaty	NOUN
ftr-485	639	16	,	,	PUNCT
ftr-485	639	17	or	or	CCONJ
ftr-485	639	18	outside	outside	ADP
ftr-485	639	19	of	of	ADP
ftr-485	639	20	a	a	DET
ftr-485	639	21	treaty	treaty	NOUN
ftr-485	639	22	altogether	altogether	ADV
ftr-485	639	23	.	.	PUNCT
ftr-485	640	1	in	in	ADP
ftr-485	640	2	other	other	ADJ
ftr-485	640	3	words	word	NOUN
ftr-485	640	4	,	,	PUNCT
ftr-485	640	5	there	there	PRON
ftr-485	640	6	may	may	AUX
ftr-485	640	7	not	not	PART
ftr-485	640	8	be	be	AUX
ftr-485	640	9	a	a	DET
ftr-485	640	10	substantive	substantive	ADJ
ftr-485	640	11	overlap	overlap	NOUN
ftr-485	640	12	of	of	ADP
ftr-485	640	13	the	the	DET
ftr-485	640	14	domestic	domestic	ADJ
ftr-485	640	15	laws	law	NOUN
ftr-485	640	16	of	of	ADP
ftr-485	640	17	the	the	DET
ftr-485	640	18	two	two	NUM
ftr-485	640	19	states	state	NOUN
ftr-485	640	20	as	as	SCONJ
ftr-485	640	21	envisioned	envision	VERB
ftr-485	640	22	at	at	ADP
ftr-485	640	23	the	the	DET
ftr-485	640	24	treaty	treaty	NOUN
ftr-485	640	25	's	's	PART
ftr-485	640	26	creation	creation	NOUN
ftr-485	640	27	and	and	CCONJ
ftr-485	640	28	the	the	DET
ftr-485	640	29	treaty	treaty	NOUN
ftr-485	640	30	may	may	AUX
ftr-485	640	31	not	not	PART
ftr-485	640	32	be	be	AUX
ftr-485	640	33	able	able	ADJ
ftr-485	640	34	to	to	PART
ftr-485	640	35	establish	establish	VERB
ftr-485	640	36	which	which	DET
ftr-485	640	37	country	country	NOUN
ftr-485	640	38	shall	shall	AUX
ftr-485	640	39	withdraw	withdraw	VERB
ftr-485	640	40	or	or	CCONJ
ftr-485	640	41	limit	limit	VERB
ftr-485	640	42	its	its	PRON
ftr-485	640	43	claim	claim	NOUN
ftr-485	640	44	.	.	PUNCT
ftr-485	640	45	'	'	PUNCT
ftr-485	641	1	6	6	NUM
ftr-485	641	2	101	101	NUM
ftr-485	641	3	.	.	PUNCT
ftr-485	642	1	i	i	PRON
ftr-485	642	2	d.	d.	PROPN
ftr-485	642	3	102	102	NUM
ftr-485	642	4	.	.	PUNCT
ftr-485	642	5	1994	1994	NUM
ftr-485	642	6	oecd	oecd	PROPN
ftr-485	642	7	model	model	PROPN
ftr-485	642	8	,	,	PUNCT
ftr-485	642	9	supra	supra	PROPN
ftr-485	642	10	note	note	NOUN
ftr-485	642	11	3	3	NUM
ftr-485	642	12	,	,	PUNCT
ftr-485	642	13	commentary	commentary	NOUN
ftr-485	642	14	on	on	ADP
ftr-485	642	15	art	art	NOUN
ftr-485	642	16	.	.	PUNCT
ftr-485	643	1	11	11	NUM
ftr-485	643	2	,	,	PUNCT
ftr-485	643	3	para	para	NOUN
ftr-485	643	4	.	.	PUNCT
ftr-485	644	1	1	1	NUM
ftr-485	644	2	.	.	NUM
ftr-485	644	3	103	103	NUM
ftr-485	644	4	.	.	PUNCT
ftr-485	644	5	1994	1994	NUM
ftr-485	645	1	oecd	oecd	PROPN
ftr-485	645	2	report	report	PROPN
ftr-485	645	3	,	,	PUNCT
ftr-485	645	4	supra	supra	PROPN
ftr-485	645	5	note	note	PROPN
ftr-485	645	6	94	94	NUM
ftr-485	645	7	,	,	PUNCT
ftr-485	645	8	part	part	NOUN
ftr-485	646	1	i	i	NOUN
ftr-485	646	2	,	,	PUNCT
ftr-485	646	3	para	para	PROPN
ftr-485	646	4	.	.	PUNCT
ftr-485	647	1	29	29	NUM
ftr-485	647	2	.	.	X
ftr-485	648	1	104	104	NUM
ftr-485	648	2	.	.	PUNCT
ftr-485	649	1	but	but	CCONJ
ftr-485	649	2	see	see	VERB
ftr-485	649	3	john	john	PROPN
ftr-485	649	4	f.	f.	PROPN
ftr-485	649	5	avery	avery	PROPN
ftr-485	649	6	jones	jones	PROPN
ftr-485	649	7	et	et	PROPN
ftr-485	649	8	al	al	PROPN
ftr-485	649	9	.	.	PROPN
ftr-485	649	10	,	,	PUNCT
ftr-485	649	11	the	the	DET
ftr-485	649	12	interpretation	interpretation	NOUN
ftr-485	649	13	of	of	ADP
ftr-485	649	14	tax	tax	NOUN
ftr-485	649	15	treaties	treaty	NOUN
ftr-485	649	16	with	with	ADP
ftr-485	649	17	particular	particular	ADJ
ftr-485	649	18	reference	reference	NOUN
ftr-485	649	19	to	to	ADP
ftr-485	649	20	article	article	NOUN
ftr-485	649	21	3(2	3(2	NUM
ftr-485	649	22	)	)	PUNCT
ftr-485	649	23	of	of	ADP
ftr-485	649	24	the	the	DET
ftr-485	649	25	oecd	oecd	PROPN
ftr-485	649	26	model	model	PROPN
ftr-485	649	27	-	-	PUNCT
ftr-485	649	28	i	i	PROPN
ftr-485	649	29	,	,	PUNCT
ftr-485	649	30	i	i	PRON
ftr-485	649	31	brit	brit	VERB
ftr-485	649	32	.	.	PUNCT
ftr-485	650	1	tax	tax	PROPN
ftr-485	650	2	rev	rev	PROPN
ftr-485	650	3	.	.	PROPN
ftr-485	650	4	14	14	NUM
ftr-485	650	5	(	(	PUNCT
ftr-485	650	6	1984	1984	NUM
ftr-485	650	7	)	)	PUNCT
ftr-485	650	8	,	,	PUNCT
ftr-485	650	9	discussed	discuss	VERB
ftr-485	650	10	infra	infra	NOUN
ftr-485	650	11	part	part	NOUN
ftr-485	650	12	vii.f	vii.f	PROPN
ftr-485	650	13	.	.	PUNCT
ftr-485	651	1	105	105	NUM
ftr-485	651	2	.	.	PUNCT
ftr-485	652	1	professor	professor	NOUN
ftr-485	652	2	vogel	vogel	NOUN
ftr-485	652	3	recognizes	recognize	VERB
ftr-485	652	4	that	that	SCONJ
ftr-485	652	5	double	double	ADJ
ftr-485	652	6	taxation	taxation	NOUN
ftr-485	652	7	is	be	AUX
ftr-485	652	8	possible	possible	ADJ
ftr-485	652	9	and	and	CCONJ
ftr-485	652	10	not	not	PART
ftr-485	652	11	contrary	contrary	ADJ
ftr-485	652	12	to	to	ADP
ftr-485	652	13	accepted	accept	VERB
ftr-485	652	14	principles	principle	NOUN
ftr-485	652	15	of	of	ADP
ftr-485	652	16	international	international	ADJ
ftr-485	652	17	law	law	NOUN
ftr-485	652	18	in	in	ADP
ftr-485	652	19	this	this	DET
ftr-485	652	20	situation	situation	NOUN
ftr-485	652	21	,	,	PUNCT
ftr-485	652	22	because	because	SCONJ
ftr-485	652	23	"	"	PUNCT
ftr-485	652	24	[	[	X
ftr-485	652	25	d]ouble	d]ouble	ADJ
ftr-485	652	26	taxation	taxation	NOUN
ftr-485	652	27	,	,	PUNCT
ftr-485	652	28	resulting	result	VERB
ftr-485	652	29	from	from	ADP
ftr-485	652	30	the	the	DET
ftr-485	652	31	interaction	interaction	NOUN
ftr-485	652	32	of	of	ADP
ftr-485	652	33	domestic	domestic	ADJ
ftr-485	652	34	laws	law	NOUN
ftr-485	652	35	of	of	ADP
ftr-485	652	36	two	two	NUM
ftr-485	652	37	(	(	PUNCT
ftr-485	652	38	or	or	CCONJ
ftr-485	652	39	more	more	ADJ
ftr-485	652	40	)	)	PUNCT
ftr-485	652	41	states	state	NOUN
ftr-485	652	42	,	,	PUNCT
ftr-485	652	43	will	will	AUX
ftr-485	652	44	be	be	AUX
ftr-485	652	45	consistent	consistent	ADJ
ftr-485	652	46	with	with	ADP
ftr-485	652	47	international	international	ADJ
ftr-485	652	48	law	law	NOUN
ftr-485	652	49	as	as	ADV
ftr-485	652	50	long	long	ADV
ftr-485	652	51	as	as	SCONJ
ftr-485	652	52	each	each	DET
ftr-485	652	53	individual	individual	ADJ
ftr-485	652	54	legislation	legislation	NOUN
ftr-485	652	55	is	be	AUX
ftr-485	652	56	consistent	consistent	ADJ
ftr-485	652	57	with	with	ADP
ftr-485	652	58	international	international	ADJ
ftr-485	652	59	law	law	NOUN
ftr-485	652	60	.	.	PUNCT
ftr-485	652	61	"	"	PUNCT
ftr-485	653	1	vogel	vogel	PROPN
ftr-485	653	2	dtc	dtc	PROPN
ftr-485	653	3	,	,	PUNCT
ftr-485	653	4	supra	supra	PROPN
ftr-485	653	5	note	note	NOUN
ftr-485	653	6	91	91	NUM
ftr-485	653	7	,	,	PUNCT
ftr-485	653	8	at	at	ADP
ftr-485	653	9	4	4	NUM
ftr-485	653	10	.	.	NOUN
ftr-485	653	11	106	106	NUM
ftr-485	653	12	.	.	PUNCT
ftr-485	654	1	this	this	PRON
ftr-485	654	2	does	do	AUX
ftr-485	654	3	not	not	PART
ftr-485	654	4	even	even	ADV
ftr-485	654	5	account	account	VERB
ftr-485	654	6	for	for	ADP
ftr-485	654	7	distinctions	distinction	NOUN
ftr-485	654	8	among	among	ADP
ftr-485	654	9	countries	country	NOUN
ftr-485	654	10	based	base	VERB
ftr-485	654	11	on	on	ADP
ftr-485	654	12	the	the	DET
ftr-485	654	13	nature	nature	NOUN
ftr-485	654	14	of	of	ADP
ftr-485	654	15	the	the	DET
ftr-485	654	16	underlying	underlying	ADJ
ftr-485	654	17	transaction	transaction	NOUN
ftr-485	654	18	or	or	CCONJ
ftr-485	654	19	on	on	ADP
ftr-485	654	20	the	the	DET
ftr-485	654	21	type	type	NOUN
ftr-485	654	22	of	of	ADP
ftr-485	654	23	taxpayer	taxpayer	NOUN
ftr-485	654	24	involved	involve	VERB
ftr-485	654	25	,	,	PUNCT
ftr-485	654	26	both	both	PRON
ftr-485	654	27	of	of	ADP
ftr-485	654	28	which	which	PRON
ftr-485	654	29	may	may	AUX
ftr-485	654	30	also	also	ADV
ftr-485	654	31	differ	differ	VERB
ftr-485	654	32	between	between	ADP
ftr-485	654	33	states	state	NOUN
ftr-485	654	34	and	and	CCONJ
ftr-485	654	35	which	which	PRON
ftr-485	654	36	may	may	AUX
ftr-485	654	37	impact	impact	VERB
ftr-485	654	38	the	the	DET
ftr-485	654	39	characterization	characterization	NOUN
ftr-485	654	40	of	of	ADP
ftr-485	654	41	the	the	DET
ftr-485	654	42	swap	swap	NOUN
ftr-485	654	43	in	in	ADP
ftr-485	654	44	the	the	DET
ftr-485	654	45	residence	residence	NOUN
ftr-485	654	46	state	state	NOUN
ftr-485	654	47	.	.	PUNCT
ftr-485	655	1	see	see	VERB
ftr-485	655	2	1994	1994	NUM
ftr-485	655	3	oecd	oecd	PROPN
ftr-485	655	4	report	report	PROPN
ftr-485	655	5	,	,	PUNCT
ftr-485	655	6	supra	supra	PROPN
ftr-485	655	7	note	note	PROPN
ftr-485	655	8	94	94	NUM
ftr-485	655	9	,	,	PUNCT
ftr-485	655	10	part	part	NOUN
ftr-485	656	1	i	i	PROPN
ftr-485	656	2	,	,	PUNCT
ftr-485	656	3	paras	paras	X
ftr-485	656	4	.	.	NOUN
ftr-485	656	5	25	25	NUM
ftr-485	656	6	,	,	PUNCT
ftr-485	656	7	29	29	NUM
ftr-485	656	8	,	,	PUNCT
ftr-485	656	9	and	and	CCONJ
ftr-485	656	10	138	138	NUM
ftr-485	656	11	.	.	PUNCT
ftr-485	657	1	[	[	X
ftr-485	657	2	vol	vol	NOUN
ftr-485	657	3	.	.	PUNCT
ftr-485	658	1	2:11	2:11	NUM
ftr-485	658	2	the	the	DET
ftr-485	658	3	recharacterization	recharacterization	NOUN
ftr-485	658	4	of	of	ADP
ftr-485	658	5	cross	cross	ADJ
ftr-485	658	6	-	-	ADJ
ftr-485	658	7	border	border	ADJ
ftr-485	658	8	interest	interest	NOUN
ftr-485	658	9	rate	rate	NOUN
ftr-485	658	10	swaps	swap	NOUN
ftr-485	658	11	c.	c.	PROPN
ftr-485	658	12	nonperiodic	nonperiodic	ADJ
ftr-485	658	13	payment	payment	NOUN
ftr-485	658	14	characterization	characterization	NOUN
ftr-485	658	15	regular	regular	ADJ
ftr-485	658	16	periodic	periodic	ADJ
ftr-485	658	17	swap	swap	NOUN
ftr-485	658	18	payments	payment	NOUN
ftr-485	658	19	,	,	PUNCT
ftr-485	658	20	including	include	VERB
ftr-485	658	21	those	those	PRON
ftr-485	658	22	from	from	ADP
ftr-485	658	23	an	an	DET
ftr-485	658	24	interest	interest	NOUN
ftr-485	658	25	rate	rate	NOUN
ftr-485	658	26	swap	swap	NOUN
ftr-485	658	27	,	,	PUNCT
ftr-485	658	28	are	be	AUX
ftr-485	658	29	generally	generally	ADV
ftr-485	658	30	not	not	PART
ftr-485	658	31	considered	consider	VERB
ftr-485	658	32	to	to	PART
ftr-485	658	33	be	be	AUX
ftr-485	658	34	interest	interest	NOUN
ftr-485	658	35	income	income	NOUN
ftr-485	658	36	either	either	CCONJ
ftr-485	658	37	in	in	ADP
ftr-485	658	38	the	the	DET
ftr-485	658	39	united	united	PROPN
ftr-485	658	40	states	states	PROPN
ftr-485	658	41	or	or	CCONJ
ftr-485	658	42	elsewhere	elsewhere	ADV
ftr-485	658	43	,	,	PUNCT
ftr-485	658	44	though	though	SCONJ
ftr-485	658	45	there	there	PRON
ftr-485	658	46	is	be	VERB
ftr-485	658	47	less	less	ADJ
ftr-485	658	48	agreement	agreement	NOUN
ftr-485	658	49	on	on	ADP
ftr-485	658	50	what	what	PRON
ftr-485	658	51	these	these	DET
ftr-485	658	52	payments	payment	NOUN
ftr-485	658	53	are	be	AUX
ftr-485	658	54	.	.	PUNCT
ftr-485	658	55	'	'	PUNCT
ftr-485	659	1	7	7	NUM
ftr-485	659	2	there	there	PRON
ftr-485	659	3	is	be	VERB
ftr-485	659	4	even	even	ADV
ftr-485	659	5	less	less	ADJ
ftr-485	659	6	agreement	agreement	NOUN
ftr-485	659	7	on	on	ADP
ftr-485	659	8	the	the	DET
ftr-485	659	9	characterization	characterization	NOUN
ftr-485	659	10	of	of	ADP
ftr-485	659	11	lump	lump	NOUN
ftr-485	659	12	sum	sum	NOUN
ftr-485	659	13	payments	payment	NOUN
ftr-485	659	14	.	.	PUNCT
ftr-485	660	1	the	the	DET
ftr-485	660	2	oecd	oecd	PROPN
ftr-485	660	3	report	report	NOUN
ftr-485	660	4	concludes	conclude	VERB
ftr-485	660	5	,	,	PUNCT
ftr-485	660	6	"	"	PUNCT
ftr-485	660	7	[	[	X
ftr-485	660	8	w]here	w]here	X
ftr-485	660	9	a	a	DET
ftr-485	660	10	payment	payment	NOUN
ftr-485	660	11	stream	stream	NOUN
ftr-485	660	12	is	be	AUX
ftr-485	660	13	commuted	commute	VERB
ftr-485	660	14	as	as	ADP
ftr-485	660	15	a	a	DET
ftr-485	660	16	single	single	ADJ
ftr-485	660	17	payment	payment	NOUN
ftr-485	660	18	,	,	PUNCT
ftr-485	660	19	...	...	PUNCT
ftr-485	660	20	there	there	PRON
ftr-485	660	21	is	be	VERB
ftr-485	660	22	a	a	DET
ftr-485	660	23	wide	wide	ADJ
ftr-485	660	24	variety	variety	NOUN
ftr-485	660	25	of	of	ADP
ftr-485	660	26	treatments	treatment	NOUN
ftr-485	660	27	prevailing	prevail	VERB
ftr-485	660	28	.	.	PUNCT
ftr-485	660	29	'	'	PUNCT
ftr-485	661	1	'	'	PUNCT
ftr-485	661	2	i8	i8	NOUN
ftr-485	661	3	as	as	SCONJ
ftr-485	661	4	the	the	DET
ftr-485	661	5	oecd	oecd	PROPN
ftr-485	661	6	model	model	NOUN
ftr-485	661	7	commentary	commentary	NOUN
ftr-485	661	8	notes	note	VERB
ftr-485	661	9	,	,	PUNCT
ftr-485	661	10	"	"	PUNCT
ftr-485	661	11	the	the	DET
ftr-485	661	12	definition	definition	NOUN
ftr-485	661	13	of	of	ADP
ftr-485	661	14	interest	interest	NOUN
ftr-485	661	15	in	in	ADP
ftr-485	661	16	the	the	DET
ftr-485	661	17	first	first	ADJ
ftr-485	661	18	sentence	sentence	NOUN
ftr-485	661	19	of	of	ADP
ftr-485	661	20	paragraph	paragraph	NOUN
ftr-485	661	21	3	3	NUM
ftr-485	661	22	[	[	X
ftr-485	661	23	of	of	ADP
ftr-485	661	24	article	article	NOUN
ftr-485	661	25	i	i	PRON
ftr-485	662	1	i	i	PRON
ftr-485	662	2	]	]	X
ftr-485	662	3	is	be	AUX
ftr-485	662	4	,	,	PUNCT
ftr-485	662	5	in	in	ADP
ftr-485	662	6	principle	principle	NOUN
ftr-485	662	7	,	,	PUNCT
ftr-485	662	8	exhaustive	exhaustive	ADJ
ftr-485	662	9	....	....	PUNCT
ftr-485	663	1	[	[	X
ftr-485	663	2	t]he	t]he	ADJ
ftr-485	663	3	definition	definition	NOUN
ftr-485	663	4	covers	cover	VERB
ftr-485	663	5	practically	practically	ADV
ftr-485	663	6	all	all	DET
ftr-485	663	7	the	the	DET
ftr-485	663	8	kinds	kind	NOUN
ftr-485	663	9	of	of	ADP
ftr-485	663	10	income	income	NOUN
ftr-485	663	11	which	which	PRON
ftr-485	663	12	are	be	AUX
ftr-485	663	13	regarded	regard	VERB
ftr-485	663	14	as	as	ADP
ftr-485	663	15	interest	interest	NOUN
ftr-485	663	16	in	in	ADP
ftr-485	663	17	the	the	DET
ftr-485	663	18	various	various	ADJ
ftr-485	663	19	domestic	domestic	ADJ
ftr-485	663	20	laws	law	NOUN
ftr-485	663	21	.	.	PUNCT
ftr-485	664	1	"	"	PUNCT
ftr-485	664	2	"	"	PUNCT
ftr-485	664	3	'	'	NUM
ftr-485	664	4	°	°	NUM
ftr-485	664	5	in	in	ADP
ftr-485	664	6	other	other	ADJ
ftr-485	664	7	words	word	NOUN
ftr-485	664	8	,	,	PUNCT
ftr-485	664	9	for	for	ADP
ftr-485	664	10	a	a	DET
ftr-485	664	11	nonperiodic	nonperiodic	ADJ
ftr-485	664	12	swap	swap	NOUN
ftr-485	664	13	payment	payment	NOUN
ftr-485	664	14	to	to	PART
ftr-485	664	15	be	be	AUX
ftr-485	664	16	under	under	ADP
ftr-485	664	17	article	article	NOUN
ftr-485	664	18	11(3	11(3	NUM
ftr-485	664	19	)	)	PUNCT
ftr-485	664	20	,	,	PUNCT
ftr-485	664	21	there	there	PRON
ftr-485	664	22	must	must	AUX
ftr-485	664	23	be	be	AUX
ftr-485	664	24	a	a	DET
ftr-485	664	25	debt	debt	NOUN
ftr-485	664	26	claim	claim	NOUN
ftr-485	664	27	,	,	PUNCT
ftr-485	664	28	but	but	CCONJ
ftr-485	664	29	whether	whether	SCONJ
ftr-485	664	30	a	a	DET
ftr-485	664	31	debt	debt	NOUN
ftr-485	664	32	claim	claim	NOUN
ftr-485	664	33	exists	exist	VERB
ftr-485	664	34	depends	depend	VERB
ftr-485	664	35	on	on	ADP
ftr-485	664	36	the	the	DET
ftr-485	664	37	domestic	domestic	ADJ
ftr-485	664	38	law	law	NOUN
ftr-485	664	39	treatment	treatment	NOUN
ftr-485	664	40	of	of	ADP
ftr-485	664	41	nonperiodic	nonperiodic	ADJ
ftr-485	664	42	payments	payment	NOUN
ftr-485	664	43	.	.	PUNCT
ftr-485	665	1	absent	absent	ADJ
ftr-485	665	2	a	a	DET
ftr-485	665	3	recharacterization	recharacterization	NOUN
ftr-485	665	4	under	under	ADP
ftr-485	665	5	domestic	domestic	ADJ
ftr-485	665	6	law	law	NOUN
ftr-485	665	7	,	,	PUNCT
ftr-485	665	8	as	as	ADP
ftr-485	665	9	in	in	ADP
ftr-485	665	10	the	the	DET
ftr-485	665	11	united	united	PROPN
ftr-485	665	12	states	states	PROPN
ftr-485	665	13	under	under	ADP
ftr-485	665	14	the	the	DET
ftr-485	665	15	swap	swap	NOUN
ftr-485	665	16	regulations	regulation	NOUN
ftr-485	665	17	,	,	PUNCT
ftr-485	665	18	there	there	PRON
ftr-485	665	19	is	be	VERB
ftr-485	665	20	no	no	DET
ftr-485	665	21	debt	debt	NOUN
ftr-485	665	22	claim	claim	NOUN
ftr-485	665	23	.	.	PUNCT
ftr-485	666	1	"0	"0	VERB
ftr-485	666	2	by	by	ADP
ftr-485	666	3	recharacterizing	recharacterize	VERB
ftr-485	666	4	a	a	DET
ftr-485	666	5	significant	significant	ADJ
ftr-485	666	6	nonperiodic	nonperiodic	ADJ
ftr-485	666	7	payment	payment	NOUN
ftr-485	666	8	as	as	ADP
ftr-485	666	9	a	a	DET
ftr-485	666	10	loan	loan	NOUN
ftr-485	666	11	and	and	CCONJ
ftr-485	666	12	stating	state	VERB
ftr-485	666	13	that	that	SCONJ
ftr-485	666	14	m	m	PROPN
ftr-485	666	15	,	,	PUNCT
ftr-485	666	16	the	the	DET
ftr-485	666	17	maker	maker	NOUN
ftr-485	666	18	of	of	ADP
ftr-485	666	19	the	the	DET
ftr-485	666	20	nonperiodic	nonperiodic	ADJ
ftr-485	666	21	payment	payment	NOUN
ftr-485	666	22	,	,	PUNCT
ftr-485	666	23	must	must	AUX
ftr-485	666	24	recognize	recognize	VERB
ftr-485	666	25	interest	interest	NOUN
ftr-485	666	26	income	income	NOUN
ftr-485	666	27	whether	whether	SCONJ
ftr-485	666	28	or	or	CCONJ
ftr-485	666	29	not	not	PART
ftr-485	666	30	any	any	DET
ftr-485	666	31	net	net	ADJ
ftr-485	666	32	payments	payment	NOUN
ftr-485	666	33	are	be	AUX
ftr-485	666	34	received	receive	VERB
ftr-485	666	35	by	by	ADP
ftr-485	666	36	m	m	PROPN
ftr-485	666	37	,	,	PUNCT
ftr-485	666	38	the	the	DET
ftr-485	666	39	swap	swap	NOUN
ftr-485	666	40	regulations	regulation	NOUN
ftr-485	666	41	have	have	AUX
ftr-485	666	42	basically	basically	ADV
ftr-485	666	43	defined	define	VERB
ftr-485	666	44	a	a	DET
ftr-485	666	45	significant	significant	ADJ
ftr-485	666	46	nonperiodic	nonperiodic	ADJ
ftr-485	666	47	payment	payment	NOUN
ftr-485	666	48	as	as	ADP
ftr-485	666	49	including	include	VERB
ftr-485	666	50	a	a	DET
ftr-485	666	51	debt	debt	NOUN
ftr-485	666	52	claim	claim	NOUN
ftr-485	666	53	,	,	PUNCT
ftr-485	666	54	albeit	albeit	SCONJ
ftr-485	666	55	a	a	DET
ftr-485	666	56	unique	unique	ADJ
ftr-485	666	57	one	one	NOUN
ftr-485	666	58	.	.	PUNCT
ftr-485	667	1	this	this	PRON
ftr-485	667	2	dictates	dictate	VERB
ftr-485	667	3	that	that	SCONJ
ftr-485	667	4	the	the	DET
ftr-485	667	5	united	united	PROPN
ftr-485	667	6	states	states	PROPN
ftr-485	667	7	apply	apply	VERB
ftr-485	667	8	the	the	DET
ftr-485	667	9	interest	interest	NOUN
ftr-485	667	10	article	article	NOUN
ftr-485	667	11	to	to	ADP
ftr-485	667	12	this	this	DET
ftr-485	667	13	income	income	NOUN
ftr-485	667	14	.	.	PUNCT
ftr-485	667	15	"	"	PUNCT
ftr-485	667	16	'	'	PUNCT
ftr-485	667	17	107	107	NUM
ftr-485	667	18	.	.	PUNCT
ftr-485	668	1	the	the	DET
ftr-485	668	2	accepted	accept	VERB
ftr-485	668	3	rationale	rationale	NOUN
ftr-485	668	4	for	for	ADP
ftr-485	668	5	this	this	DET
ftr-485	668	6	policy	policy	NOUN
ftr-485	668	7	is	be	AUX
ftr-485	668	8	that	that	SCONJ
ftr-485	668	9	there	there	PRON
ftr-485	668	10	is	be	VERB
ftr-485	668	11	no	no	DET
ftr-485	668	12	underlying	underlie	VERB
ftr-485	668	13	debt	debt	NOUN
ftr-485	668	14	obligation	obligation	NOUN
ftr-485	668	15	.	.	PUNCT
ftr-485	669	1	see	see	VERB
ftr-485	669	2	kramer	kramer	PROPN
ftr-485	669	3	,	,	PUNCT
ftr-485	669	4	financial	financial	ADJ
ftr-485	669	5	products	product	NOUN
ftr-485	669	6	,	,	PUNCT
ftr-485	669	7	supra	supra	PROPN
ftr-485	669	8	note	note	NOUN
ftr-485	669	9	7	7	NUM
ftr-485	669	10	.	.	PUNCT
ftr-485	670	1	at	at	ADP
ftr-485	670	2	1434	1434	NUM
ftr-485	670	3	.	.	PUNCT
ftr-485	671	1	the	the	DET
ftr-485	671	2	term	term	NOUN
ftr-485	671	3	"	"	PUNCT
ftr-485	671	4	notional	notional	ADJ
ftr-485	671	5	principal	principal	NOUN
ftr-485	671	6	"	"	PUNCT
ftr-485	671	7	reflects	reflect	VERB
ftr-485	671	8	that	that	SCONJ
ftr-485	671	9	there	there	PRON
ftr-485	671	10	is	be	VERB
ftr-485	671	11	actually	actually	ADV
ftr-485	671	12	no	no	DET
ftr-485	671	13	principal	principal	NOUN
ftr-485	671	14	involved	involve	VERB
ftr-485	671	15	.	.	PUNCT
ftr-485	672	1	for	for	ADP
ftr-485	672	2	the	the	DET
ftr-485	672	3	characterization	characterization	NOUN
ftr-485	672	4	of	of	ADP
ftr-485	672	5	interest	interest	NOUN
ftr-485	672	6	rate	rate	NOUN
ftr-485	672	7	swaps	swap	NOUN
ftr-485	672	8	in	in	ADP
ftr-485	672	9	some	some	PRON
ftr-485	672	10	of	of	ADP
ftr-485	672	11	the	the	DET
ftr-485	672	12	oecd	oecd	PROPN
ftr-485	672	13	member	member	NOUN
ftr-485	672	14	states	state	NOUN
ftr-485	672	15	,	,	PUNCT
ftr-485	672	16	see	see	VERB
ftr-485	672	17	1994	1994	NUM
ftr-485	672	18	oecd	oecd	PROPN
ftr-485	672	19	report	report	NOUN
ftr-485	672	20	.	.	PUNCT
ftr-485	673	1	supra	supra	PROPN
ftr-485	673	2	note	note	PROPN
ftr-485	673	3	94	94	NUM
ftr-485	673	4	.	.	PUNCT
ftr-485	674	1	at	at	ADP
ftr-485	674	2	60	60	NUM
ftr-485	674	3	.	.	PUNCT
ftr-485	674	4	108	108	NUM
ftr-485	674	5	.	.	PUNCT
ftr-485	675	1	i	i	PRON
ftr-485	675	2	d.	d.	PROPN
ftr-485	675	3	at	at	ADP
ftr-485	675	4	part	part	NOUN
ftr-485	676	1	i	i	PROPN
ftr-485	676	2	,	,	PUNCT
ftr-485	676	3	para	para	PROPN
ftr-485	676	4	.	.	PUNCT
ftr-485	677	1	25	25	NUM
ftr-485	677	2	.	.	PUNCT
ftr-485	678	1	this	this	DET
ftr-485	678	2	disparate	disparate	ADJ
ftr-485	678	3	treatment	treatment	NOUN
ftr-485	678	4	of	of	ADP
ftr-485	678	5	nonperiodic	nonperiodic	ADJ
ftr-485	678	6	payments	payment	NOUN
ftr-485	678	7	is	be	AUX
ftr-485	678	8	likely	likely	ADJ
ftr-485	678	9	to	to	PART
ftr-485	678	10	continue	continue	VERB
ftr-485	678	11	due	due	ADJ
ftr-485	678	12	to	to	ADP
ftr-485	678	13	conflicting	conflicting	ADJ
ftr-485	678	14	domestic	domestic	ADJ
ftr-485	678	15	interests	interest	NOUN
ftr-485	678	16	.	.	PUNCT
ftr-485	679	1	one	one	NUM
ftr-485	679	2	such	such	ADJ
ftr-485	679	3	interest	interest	NOUN
ftr-485	679	4	is	be	AUX
ftr-485	679	5	the	the	DET
ftr-485	679	6	capital	capital	NOUN
ftr-485	679	7	import	import	NOUN
ftr-485	679	8	/	/	SYM
ftr-485	679	9	export	export	NOUN
ftr-485	679	10	dichotomy	dichotomy	NOUN
ftr-485	679	11	.	.	PUNCT
ftr-485	680	1	capital	capital	NOUN
ftr-485	680	2	importing	import	VERB
ftr-485	680	3	states	state	NOUN
ftr-485	680	4	are	be	AUX
ftr-485	680	5	more	more	ADV
ftr-485	680	6	likely	likely	ADJ
ftr-485	680	7	to	to	PART
ftr-485	680	8	see	see	VERB
ftr-485	680	9	interest	interest	NOUN
ftr-485	680	10	in	in	ADP
ftr-485	680	11	a	a	DET
ftr-485	680	12	nonperiodic	nonperiodic	ADJ
ftr-485	680	13	payment	payment	NOUN
ftr-485	680	14	because	because	SCONJ
ftr-485	680	15	,	,	PUNCT
ftr-485	680	16	under	under	ADP
ftr-485	680	17	tax	tax	NOUN
ftr-485	680	18	treaties	treaty	NOUN
ftr-485	680	19	following	follow	VERB
ftr-485	680	20	the	the	DET
ftr-485	680	21	interest	interest	NOUN
ftr-485	680	22	article	article	NOUN
ftr-485	680	23	of	of	ADP
ftr-485	680	24	the	the	DET
ftr-485	680	25	oecd	oecd	PROPN
ftr-485	680	26	model	model	NOUN
ftr-485	680	27	,	,	PUNCT
ftr-485	680	28	they	they	PRON
ftr-485	680	29	are	be	AUX
ftr-485	680	30	entitled	entitle	VERB
ftr-485	680	31	to	to	PART
ftr-485	680	32	tax	tax	VERB
ftr-485	680	33	outgoing	outgoing	ADJ
ftr-485	680	34	interest	interest	NOUN
ftr-485	680	35	payments	payment	NOUN
ftr-485	680	36	.	.	PUNCT
ftr-485	681	1	conversely	conversely	ADV
ftr-485	681	2	,	,	PUNCT
ftr-485	681	3	capital	capital	NOUN
ftr-485	681	4	exporting	export	VERB
ftr-485	681	5	states	state	NOUN
ftr-485	681	6	may	may	AUX
ftr-485	681	7	prefer	prefer	VERB
ftr-485	681	8	that	that	SCONJ
ftr-485	681	9	the	the	DET
ftr-485	681	10	exclusive	exclusive	ADJ
ftr-485	681	11	right	right	NOUN
ftr-485	681	12	to	to	ADP
ftr-485	681	13	tax	tax	NOUN
ftr-485	681	14	swap	swap	NOUN
ftr-485	681	15	profits	profit	NOUN
ftr-485	681	16	belong	belong	VERB
ftr-485	681	17	to	to	ADP
ftr-485	681	18	the	the	DET
ftr-485	681	19	taxpayer	taxpayer	NOUN
ftr-485	681	20	's	's	PART
ftr-485	681	21	residence	residence	NOUN
ftr-485	681	22	country	country	NOUN
ftr-485	681	23	,	,	PUNCT
ftr-485	681	24	and	and	CCONJ
ftr-485	681	25	thus	thus	ADV
ftr-485	681	26	would	would	AUX
ftr-485	681	27	see	see	VERB
ftr-485	681	28	all	all	DET
ftr-485	681	29	elements	element	NOUN
ftr-485	681	30	of	of	ADP
ftr-485	681	31	the	the	DET
ftr-485	681	32	swap	swap	NOUN
ftr-485	681	33	as	as	ADP
ftr-485	681	34	falling	fall	VERB
ftr-485	681	35	under	under	ADP
ftr-485	681	36	a	a	DET
ftr-485	681	37	treaty	treaty	NOUN
ftr-485	681	38	article	article	NOUN
ftr-485	681	39	that	that	PRON
ftr-485	681	40	precludes	preclude	VERB
ftr-485	681	41	taxation	taxation	NOUN
ftr-485	681	42	at	at	ADP
ftr-485	681	43	source	source	NOUN
ftr-485	681	44	.	.	PUNCT
ftr-485	682	1	109	109	NUM
ftr-485	682	2	.	.	NUM
ftr-485	682	3	1994	1994	NUM
ftr-485	682	4	oecd	oecd	PROPN
ftr-485	682	5	model	model	PROPN
ftr-485	682	6	,	,	PUNCT
ftr-485	682	7	supra	supra	PROPN
ftr-485	682	8	note	note	NOUN
ftr-485	682	9	3	3	NUM
ftr-485	682	10	.	.	PUNCT
ftr-485	682	11	commentary	commentary	NOUN
ftr-485	682	12	on	on	ADP
ftr-485	682	13	art	art	NOUN
ftr-485	682	14	.	.	PUNCT
ftr-485	683	1	11	11	NUM
ftr-485	683	2	,	,	PUNCT
ftr-485	683	3	para	para	NOUN
ftr-485	683	4	.	.	PUNCT
ftr-485	684	1	21	21	NUM
ftr-485	684	2	.	.	X
ftr-485	685	1	110	110	NUM
ftr-485	685	2	.	.	PUNCT
ftr-485	686	1	see	see	VERB
ftr-485	686	2	supra	supra	PROPN
ftr-485	686	3	parts	part	NOUN
ftr-485	686	4	il	il	PROPN
ftr-485	686	5	-	-	PUNCT
ftr-485	686	6	vi	vi	PROPN
ftr-485	686	7	for	for	ADP
ftr-485	686	8	discussion	discussion	NOUN
ftr-485	686	9	of	of	ADP
ftr-485	686	10	swap	swap	ADJ
ftr-485	686	11	payment	payment	NOUN
ftr-485	686	12	characterization	characterization	NOUN
ftr-485	686	13	.	.	PUNCT
ftr-485	687	1	if	if	SCONJ
ftr-485	687	2	both	both	DET
ftr-485	687	3	states	state	NOUN
ftr-485	687	4	view	view	VERB
ftr-485	687	5	all	all	DET
ftr-485	687	6	swap	swap	NOUN
ftr-485	687	7	payments	payment	NOUN
ftr-485	687	8	as	as	ADP
ftr-485	687	9	interest	interest	NOUN
ftr-485	687	10	,	,	PUNCT
ftr-485	687	11	there	there	PRON
ftr-485	687	12	is	be	VERB
ftr-485	687	13	also	also	ADV
ftr-485	687	14	a	a	DET
ftr-485	687	15	common	common	ADJ
ftr-485	687	16	application	application	NOUN
ftr-485	687	17	of	of	ADP
ftr-485	687	18	the	the	DET
ftr-485	687	19	interest	interest	NOUN
ftr-485	687	20	article	article	NOUN
ftr-485	687	21	.	.	PUNCT
ftr-485	688	1	111	111	NUM
ftr-485	688	2	.	.	PUNCT
ftr-485	689	1	priv	priv	PROPN
ftr-485	689	2	.	.	PUNCT
ftr-485	690	1	let	let	VERB
ftr-485	690	2	.	.	PUNCT
ftr-485	691	1	rul	rul	NOUN
ftr-485	691	2	.	.	PUNCT
ftr-485	692	1	9421027	9421027	NUM
ftr-485	692	2	(	(	PUNCT
ftr-485	692	3	feb	feb	X
ftr-485	692	4	.	.	PROPN
ftr-485	692	5	24	24	NUM
ftr-485	692	6	,	,	PUNCT
ftr-485	692	7	1994	1994	NUM
ftr-485	692	8	)	)	PUNCT
ftr-485	692	9	involves	involve	VERB
ftr-485	692	10	a	a	DET
ftr-485	692	11	case	case	NOUN
ftr-485	692	12	that	that	PRON
ftr-485	692	13	is	be	AUX
ftr-485	692	14	basically	basically	ADV
ftr-485	692	15	identical	identical	ADJ
ftr-485	692	16	to	to	ADP
ftr-485	692	17	the	the	DET
ftr-485	692	18	one	one	NOUN
ftr-485	692	19	followed	follow	VERB
ftr-485	692	20	in	in	ADP
ftr-485	692	21	this	this	DET
ftr-485	692	22	article	article	NOUN
ftr-485	692	23	.	.	PUNCT
ftr-485	693	1	see	see	VERB
ftr-485	693	2	supra	supra	PROPN
ftr-485	693	3	note	note	PROPN
ftr-485	693	4	60	60	NUM
ftr-485	693	5	.	.	PUNCT
ftr-485	694	1	the	the	DET
ftr-485	694	2	taxpayer	taxpayer	NOUN
ftr-485	694	3	,	,	PUNCT
ftr-485	694	4	a	a	DET
ftr-485	694	5	foreign	foreign	ADJ
ftr-485	694	6	bank	bank	NOUN
ftr-485	694	7	.	.	PUNCT
ftr-485	694	8	requested	request	VERB
ftr-485	694	9	a	a	DET
ftr-485	694	10	ruling	ruling	NOUN
ftr-485	694	11	that	that	SCONJ
ftr-485	694	12	it	it	PRON
ftr-485	694	13	was	be	AUX
ftr-485	694	14	a	a	DET
ftr-485	694	15	resident	resident	NOUN
ftr-485	694	16	of	of	ADP
ftr-485	694	17	a	a	DET
ftr-485	694	18	particular	particular	ADJ
ftr-485	694	19	u.s	u.s	PROPN
ftr-485	694	20	.	.	PROPN
ftr-485	694	21	treaty	treaty	NOUN
ftr-485	694	22	partner	partner	NOUN
ftr-485	694	23	,	,	PUNCT
ftr-485	694	24	thereby	thereby	ADV
ftr-485	694	25	causing	cause	VERB
ftr-485	694	26	the	the	DET
ftr-485	694	27	interest	interest	NOUN
ftr-485	694	28	article	article	NOUN
ftr-485	694	29	of	of	ADP
ftr-485	694	30	the	the	DET
ftr-485	694	31	treaty	treaty	NOUN
ftr-485	694	32	to	to	PART
ftr-485	694	33	apply	apply	VERB
ftr-485	694	34	to	to	ADP
ftr-485	694	35	interest	interest	NOUN
ftr-485	694	36	received	receive	VERB
ftr-485	694	37	from	from	ADP
ftr-485	694	38	a	a	DET
ftr-485	694	39	u.s	u.s	PROPN
ftr-485	694	40	.	.	PROPN
ftr-485	694	41	counterparty	counterparty	PROPN
ftr-485	694	42	as	as	ADP
ftr-485	694	43	a	a	DET
ftr-485	694	44	result	result	NOUN
ftr-485	694	45	of	of	ADP
ftr-485	694	46	a	a	DET
ftr-485	694	47	significant	significant	ADJ
ftr-485	694	48	nonperiodic	nonperiodic	ADJ
ftr-485	694	49	swap	swap	NOUN
ftr-485	694	50	payment	payment	NOUN
ftr-485	694	51	the	the	DET
ftr-485	694	52	taxpayer	taxpayer	NOUN
ftr-485	694	53	had	have	AUX
ftr-485	694	54	made	make	VERB
ftr-485	694	55	to	to	ADP
ftr-485	694	56	that	that	DET
ftr-485	694	57	u.s	u.s	PROPN
ftr-485	694	58	.	.	PROPN
ftr-485	694	59	party	party	PROPN
ftr-485	694	60	.	.	PUNCT
ftr-485	695	1	while	while	SCONJ
ftr-485	695	2	19951	19951	NUM
ftr-485	695	3	florida	florida	PROPN
ftr-485	695	4	tax	tax	NOUN
ftr-485	695	5	review	review	NOUN
ftr-485	695	6	for	for	ADP
ftr-485	695	7	several	several	ADJ
ftr-485	695	8	reasons	reason	NOUN
ftr-485	695	9	,	,	PUNCT
ftr-485	695	10	comparable	comparable	ADJ
ftr-485	695	11	recharacterization	recharacterization	NOUN
ftr-485	695	12	in	in	ADP
ftr-485	695	13	other	other	ADJ
ftr-485	695	14	states	state	NOUN
ftr-485	695	15	is	be	AUX
ftr-485	695	16	improbable	improbable	ADJ
ftr-485	695	17	,	,	PUNCT
ftr-485	695	18	though	though	SCONJ
ftr-485	695	19	it	it	PRON
ftr-485	695	20	may	may	AUX
ftr-485	695	21	occur	occur	VERB
ftr-485	695	22	.	.	PUNCT
ftr-485	696	1	under	under	ADP
ftr-485	696	2	the	the	DET
ftr-485	696	3	taxation	taxation	NOUN
ftr-485	696	4	and	and	CCONJ
ftr-485	696	5	accounting	accounting	NOUN
ftr-485	696	6	regimes	regime	NOUN
ftr-485	696	7	of	of	ADP
ftr-485	696	8	some	some	DET
ftr-485	696	9	countries	country	NOUN
ftr-485	696	10	,	,	PUNCT
ftr-485	696	11	there	there	PRON
ftr-485	696	12	may	may	AUX
ftr-485	696	13	be	be	AUX
ftr-485	696	14	no	no	DET
ftr-485	696	15	need	need	NOUN
ftr-485	696	16	for	for	ADP
ftr-485	696	17	recharacterization	recharacterization	NOUN
ftr-485	696	18	.	.	PUNCT
ftr-485	697	1	the	the	DET
ftr-485	697	2	recharacterization	recharacterization	NOUN
ftr-485	697	3	and	and	CCONJ
ftr-485	697	4	amortization	amortization	NOUN
ftr-485	697	5	scheme	scheme	NOUN
ftr-485	697	6	was	be	AUX
ftr-485	697	7	adopted	adopt	VERB
ftr-485	697	8	in	in	ADP
ftr-485	697	9	the	the	DET
ftr-485	697	10	united	united	PROPN
ftr-485	697	11	states	states	PROPN
ftr-485	697	12	in	in	ADP
ftr-485	697	13	part	part	NOUN
ftr-485	697	14	to	to	PART
ftr-485	697	15	preclude	preclude	VERB
ftr-485	697	16	income	income	NOUN
ftr-485	697	17	accelerations	acceleration	NOUN
ftr-485	697	18	intended	intend	VERB
ftr-485	697	19	to	to	PART
ftr-485	697	20	absorb	absorb	VERB
ftr-485	697	21	expiring	expire	VERB
ftr-485	697	22	net	net	ADJ
ftr-485	697	23	operating	operating	NOUN
ftr-485	697	24	losses	loss	NOUN
ftr-485	697	25	,	,	PUNCT
ftr-485	697	26	but	but	CCONJ
ftr-485	697	27	operating	operating	NOUN
ftr-485	697	28	losses	loss	NOUN
ftr-485	697	29	do	do	AUX
ftr-485	697	30	not	not	PART
ftr-485	697	31	expire	expire	VERB
ftr-485	697	32	under	under	ADP
ftr-485	697	33	some	some	DET
ftr-485	697	34	tax	tax	NOUN
ftr-485	697	35	systems	system	NOUN
ftr-485	697	36	.	.	PUNCT
ftr-485	698	1	further	far	ADV
ftr-485	698	2	,	,	PUNCT
ftr-485	698	3	the	the	DET
ftr-485	698	4	recharacterization	recharacterization	NOUN
ftr-485	698	5	in	in	ADP
ftr-485	698	6	the	the	DET
ftr-485	698	7	swap	swap	NOUN
ftr-485	698	8	regulations	regulation	NOUN
ftr-485	698	9	may	may	AUX
ftr-485	698	10	be	be	AUX
ftr-485	698	11	seen	see	VERB
ftr-485	698	12	as	as	ADP
ftr-485	698	13	a	a	DET
ftr-485	698	14	product	product	NOUN
ftr-485	698	15	of	of	ADP
ftr-485	698	16	the	the	DET
ftr-485	698	17	u.s	u.s	PROPN
ftr-485	698	18	.	.	PROPN
ftr-485	698	19	policy	policy	NOUN
ftr-485	698	20	to	to	PART
ftr-485	698	21	view	view	VERB
ftr-485	698	22	substance	substance	NOUN
ftr-485	698	23	over	over	ADP
ftr-485	698	24	form	form	NOUN
ftr-485	698	25	.	.	PUNCT
ftr-485	698	26	"	"	PUNCT
ftr-485	699	1	2	2	NUM
ftr-485	699	2	this	this	DET
ftr-485	699	3	practice	practice	NOUN
ftr-485	699	4	is	be	AUX
ftr-485	699	5	not	not	PART
ftr-485	699	6	universally	universally	ADV
ftr-485	699	7	followed	follow	VERB
ftr-485	699	8	;	;	PUNCT
ftr-485	699	9	some	some	DET
ftr-485	699	10	national	national	ADJ
ftr-485	699	11	laws	law	NOUN
ftr-485	699	12	require	require	VERB
ftr-485	699	13	that	that	SCONJ
ftr-485	699	14	the	the	DET
ftr-485	699	15	form	form	NOUN
ftr-485	699	16	of	of	ADP
ftr-485	699	17	every	every	DET
ftr-485	699	18	transaction	transaction	NOUN
ftr-485	699	19	be	be	AUX
ftr-485	699	20	followed	follow	VERB
ftr-485	699	21	.	.	PUNCT
ftr-485	699	22	"	"	PUNCT
ftr-485	700	1	3	3	NUM
ftr-485	700	2	moreover	moreover	ADV
ftr-485	700	3	,	,	PUNCT
ftr-485	700	4	among	among	ADP
ftr-485	700	5	countries	country	NOUN
ftr-485	700	6	utilizing	utilize	VERB
ftr-485	700	7	a	a	DET
ftr-485	700	8	substance	substance	NOUN
ftr-485	700	9	-	-	PUNCT
ftr-485	700	10	over	over	ADP
ftr-485	700	11	-	-	PUNCT
ftr-485	700	12	form	form	NOUN
ftr-485	700	13	approach	approach	NOUN
ftr-485	700	14	,	,	PUNCT
ftr-485	700	15	the	the	DET
ftr-485	700	16	approach	approach	NOUN
ftr-485	700	17	may	may	AUX
ftr-485	700	18	not	not	PART
ftr-485	700	19	always	always	ADV
ftr-485	700	20	be	be	AUX
ftr-485	700	21	invoked	invoke	VERB
ftr-485	700	22	with	with	ADP
ftr-485	700	23	respect	respect	NOUN
ftr-485	700	24	to	to	ADP
ftr-485	700	25	the	the	DET
ftr-485	700	26	same	same	ADJ
ftr-485	700	27	nonperiodic	nonperiodic	ADJ
ftr-485	700	28	payment	payment	NOUN
ftr-485	700	29	.	.	PUNCT
ftr-485	701	1	absent	absent	ADJ
ftr-485	701	2	recharacterization	recharacterization	NOUN
ftr-485	701	3	for	for	ADP
ftr-485	701	4	any	any	DET
ftr-485	701	5	one	one	NUM
ftr-485	701	6	of	of	ADP
ftr-485	701	7	these	these	DET
ftr-485	701	8	reasons	reason	NOUN
ftr-485	701	9	,	,	PUNCT
ftr-485	701	10	a	a	DET
ftr-485	701	11	nonperiodic	nonperiodic	ADJ
ftr-485	701	12	payment	payment	NOUN
ftr-485	701	13	is	be	AUX
ftr-485	701	14	not	not	PART
ftr-485	701	15	seen	see	VERB
ftr-485	701	16	as	as	ADP
ftr-485	701	17	containing	contain	VERB
ftr-485	701	18	a	a	DET
ftr-485	701	19	debt	debt	NOUN
ftr-485	701	20	claim	claim	NOUN
ftr-485	701	21	.	.	PUNCT
ftr-485	702	1	applying	apply	VERB
ftr-485	702	2	the	the	DET
ftr-485	702	3	requirement	requirement	NOUN
ftr-485	702	4	of	of	ADP
ftr-485	702	5	article	article	NOUN
ftr-485	702	6	11(3	11(3	NUM
ftr-485	702	7	)	)	PUNCT
ftr-485	702	8	that	that	SCONJ
ftr-485	702	9	there	there	PRON
ftr-485	702	10	be	be	VERB
ftr-485	702	11	a	a	DET
ftr-485	702	12	debt	debt	NOUN
ftr-485	702	13	claim	claim	NOUN
ftr-485	702	14	for	for	SCONJ
ftr-485	702	15	the	the	DET
ftr-485	702	16	interest	interest	NOUN
ftr-485	702	17	article	article	NOUN
ftr-485	702	18	to	to	PART
ftr-485	702	19	be	be	AUX
ftr-485	702	20	applicable	applicable	ADJ
ftr-485	702	21	,	,	PUNCT
ftr-485	702	22	"	"	PUNCT
ftr-485	702	23	4	4	NUM
ftr-485	702	24	a	a	DET
ftr-485	702	25	country	country	NOUN
ftr-485	702	26	that	that	PRON
ftr-485	702	27	does	do	AUX
ftr-485	702	28	not	not	PART
ftr-485	702	29	consider	consider	VERB
ftr-485	702	30	a	a	DET
ftr-485	702	31	nonperiodic	nonperiodic	ADJ
ftr-485	702	32	payment	payment	NOUN
ftr-485	702	33	to	to	PART
ftr-485	702	34	include	include	VERB
ftr-485	702	35	a	a	DET
ftr-485	702	36	debt	debt	NOUN
ftr-485	702	37	claim	claim	NOUN
ftr-485	702	38	will	will	AUX
ftr-485	702	39	not	not	PART
ftr-485	702	40	apply	apply	VERB
ftr-485	702	41	the	the	DET
ftr-485	702	42	interest	interest	NOUN
ftr-485	702	43	article	article	NOUN
ftr-485	702	44	.	.	PUNCT
ftr-485	703	1	the	the	DET
ftr-485	703	2	oecd	oecd	PROPN
ftr-485	703	3	model	model	NOUN
ftr-485	703	4	commentary	commentary	NOUN
ftr-485	703	5	to	to	ADP
ftr-485	703	6	article	article	NOUN
ftr-485	703	7	11	11	NUM
ftr-485	703	8	also	also	ADV
ftr-485	703	9	specifies	specify	VERB
ftr-485	703	10	that	that	SCONJ
ftr-485	703	11	"	"	PUNCT
ftr-485	703	12	references	reference	NOUN
ftr-485	703	13	to	to	ADP
ftr-485	703	14	domestic	domestic	ADJ
ftr-485	703	15	laws	law	NOUN
ftr-485	703	16	should	should	AUX
ftr-485	703	17	as	as	ADV
ftr-485	703	18	far	far	ADV
ftr-485	703	19	as	as	ADP
ftr-485	703	20	possible	possible	ADJ
ftr-485	703	21	be	be	AUX
ftr-485	703	22	avoided	avoid	VERB
ftr-485	703	23	.	.	PUNCT
ftr-485	704	1	"".5	"".5	X
ftr-485	705	1	this	this	DET
ftr-485	705	2	statement	statement	NOUN
ftr-485	705	3	is	be	AUX
ftr-485	705	4	intended	intend	VERB
ftr-485	705	5	to	to	PART
ftr-485	705	6	eliminate	eliminate	VERB
ftr-485	705	7	the	the	DET
ftr-485	705	8	inclusion	inclusion	NOUN
ftr-485	705	9	under	under	ADP
ftr-485	705	10	a	a	DET
ftr-485	705	11	treaty	treaty	NOUN
ftr-485	705	12	's	's	PART
ftr-485	705	13	interest	interest	NOUN
ftr-485	705	14	article	article	NOUN
ftr-485	705	15	of	of	ADP
ftr-485	705	16	an	an	DET
ftr-485	705	17	item	item	NOUN
ftr-485	705	18	of	of	ADP
ftr-485	705	19	income	income	NOUN
ftr-485	705	20	which	which	PRON
ftr-485	705	21	is	be	AUX
ftr-485	705	22	not	not	PART
ftr-485	705	23	from	from	ADP
ftr-485	705	24	a	a	DET
ftr-485	705	25	debt	debt	NOUN
ftr-485	705	26	claim	claim	NOUN
ftr-485	705	27	.	.	PUNCT
ftr-485	706	1	again	again	ADV
ftr-485	706	2	,	,	PUNCT
ftr-485	706	3	absent	absent	ADJ
ftr-485	706	4	recharacterization	recharacterization	NOUN
ftr-485	706	5	or	or	CCONJ
ftr-485	706	6	another	another	DET
ftr-485	706	7	means	mean	NOUN
ftr-485	706	8	of	of	ADP
ftr-485	706	9	viewing	view	VERB
ftr-485	706	10	a	a	DET
ftr-485	706	11	nonperiodic	nonperiodic	ADJ
ftr-485	706	12	swap	swap	NOUN
ftr-485	706	13	payment	payment	NOUN
ftr-485	706	14	as	as	ADP
ftr-485	706	15	a	a	DET
ftr-485	706	16	loan	loan	NOUN
ftr-485	706	17	with	with	ADP
ftr-485	706	18	interest	interest	NOUN
ftr-485	706	19	,	,	PUNCT
ftr-485	706	20	there	there	PRON
ftr-485	706	21	is	be	VERB
ftr-485	706	22	no	no	DET
ftr-485	706	23	debt	debt	NOUN
ftr-485	706	24	claim	claim	NOUN
ftr-485	706	25	and	and	CCONJ
ftr-485	706	26	the	the	DET
ftr-485	706	27	interest	interest	NOUN
ftr-485	706	28	article	article	NOUN
ftr-485	706	29	does	do	AUX
ftr-485	706	30	not	not	PART
ftr-485	706	31	apply	apply	VERB
ftr-485	706	32	.	.	PUNCT
ftr-485	707	1	following	follow	VERB
ftr-485	707	2	recharacterization	recharacterization	NOUN
ftr-485	707	3	,	,	PUNCT
ftr-485	707	4	there	there	PRON
ftr-485	707	5	is	be	VERB
ftr-485	707	6	a	a	DET
ftr-485	707	7	debt	debt	NOUN
ftr-485	707	8	claim	claim	NOUN
ftr-485	707	9	.	.	PUNCT
ftr-485	708	1	to	to	PART
ftr-485	708	2	recapitulate	recapitulate	VERB
ftr-485	708	3	,	,	PUNCT
ftr-485	708	4	if	if	SCONJ
ftr-485	708	5	the	the	DET
ftr-485	708	6	source	source	NOUN
ftr-485	708	7	state	state	NOUN
ftr-485	708	8	recharacterizes	recharacterize	VERB
ftr-485	708	9	a	a	DET
ftr-485	708	10	nonperiodic	nonperiodic	ADJ
ftr-485	708	11	payment	payment	NOUN
ftr-485	708	12	to	to	PART
ftr-485	708	13	include	include	VERB
ftr-485	708	14	a	a	DET
ftr-485	708	15	loan	loan	NOUN
ftr-485	708	16	bearing	bear	VERB
ftr-485	708	17	interest	interest	NOUN
ftr-485	708	18	,	,	PUNCT
ftr-485	708	19	as	as	SCONJ
ftr-485	708	20	the	the	DET
ftr-485	708	21	united	united	PROPN
ftr-485	708	22	states	states	PROPN
ftr-485	708	23	does	do	VERB
ftr-485	708	24	,	,	PUNCT
ftr-485	708	25	it	it	PRON
ftr-485	708	26	maintains	maintain	VERB
ftr-485	708	27	that	that	SCONJ
ftr-485	708	28	the	the	DET
ftr-485	708	29	interest	interest	NOUN
ftr-485	708	30	article	article	NOUN
ftr-485	708	31	is	be	AUX
ftr-485	708	32	the	the	DET
ftr-485	708	33	treaty	treaty	NOUN
ftr-485	708	34	provision	provision	NOUN
ftr-485	708	35	that	that	PRON
ftr-485	708	36	determines	determine	VERB
ftr-485	708	37	the	the	DET
ftr-485	708	38	taxing	tax	VERB
ftr-485	708	39	rights	right	NOUN
ftr-485	708	40	of	of	ADP
ftr-485	708	41	the	the	DET
ftr-485	708	42	treaty	treaty	NOUN
ftr-485	708	43	partners	partner	NOUN
ftr-485	708	44	with	with	ADP
ftr-485	708	45	respect	respect	NOUN
ftr-485	708	46	to	to	ADP
ftr-485	708	47	interest	interest	NOUN
ftr-485	708	48	associated	associate	VERB
ftr-485	708	49	with	with	ADP
ftr-485	708	50	a	a	DET
ftr-485	708	51	significant	significant	ADJ
ftr-485	708	52	nonperiodic	nonperiodic	ADJ
ftr-485	708	53	payment	payment	NOUN
ftr-485	708	54	made	make	VERB
ftr-485	708	55	as	as	ADP
ftr-485	708	56	part	part	NOUN
ftr-485	708	57	of	of	ADP
ftr-485	708	58	an	an	DET
ftr-485	708	59	off	off	ADP
ftr-485	708	60	-	-	PUNCT
ftr-485	708	61	market	market	NOUN
ftr-485	708	62	interest	interest	NOUN
ftr-485	708	63	rate	rate	NOUN
ftr-485	708	64	swap	swap	NOUN
ftr-485	708	65	.	.	PUNCT
ftr-485	709	1	if	if	SCONJ
ftr-485	709	2	the	the	DET
ftr-485	709	3	other	other	ADJ
ftr-485	709	4	state	state	NOUN
ftr-485	709	5	does	do	AUX
ftr-485	709	6	not	not	PART
ftr-485	709	7	recharacterize	recharacterize	VERB
ftr-485	709	8	,	,	PUNCT
ftr-485	709	9	it	it	PRON
ftr-485	709	10	maintains	maintain	VERB
ftr-485	709	11	that	that	SCONJ
ftr-485	709	12	another	another	DET
ftr-485	709	13	treaty	treaty	NOUN
ftr-485	709	14	article	article	NOUN
ftr-485	709	15	should	should	AUX
ftr-485	709	16	be	be	AUX
ftr-485	709	17	applied	apply	VERB
ftr-485	709	18	to	to	PART
ftr-485	709	19	determine	determine	VERB
ftr-485	709	20	the	the	DET
ftr-485	709	21	taxing	tax	VERB
ftr-485	709	22	rights	right	NOUN
ftr-485	709	23	to	to	ADP
ftr-485	709	24	this	this	DET
ftr-485	709	25	payment	payment	NOUN
ftr-485	709	26	.	.	PUNCT
ftr-485	710	1	under	under	ADP
ftr-485	710	2	tax	tax	NOUN
ftr-485	710	3	treaties	treaty	NOUN
ftr-485	710	4	following	follow	VERB
ftr-485	710	5	article	article	NOUN
ftr-485	710	6	11	11	NUM
ftr-485	710	7	of	of	ADP
ftr-485	710	8	the	the	DET
ftr-485	710	9	oecd	oecd	PROPN
ftr-485	710	10	model	model	NOUN
ftr-485	710	11	,	,	PUNCT
ftr-485	710	12	this	this	DET
ftr-485	710	13	disagreement	disagreement	NOUN
ftr-485	710	14	leads	lead	VERB
ftr-485	710	15	to	to	ADP
ftr-485	710	16	double	double	ADJ
ftr-485	710	17	taxation	taxation	NOUN
ftr-485	710	18	,	,	PUNCT
ftr-485	710	19	absent	absent	ADJ
ftr-485	710	20	unilateral	unilateral	ADJ
ftr-485	710	21	relief	relief	NOUN
ftr-485	710	22	by	by	ADP
ftr-485	710	23	the	the	DET
ftr-485	710	24	residence	residence	NOUN
ftr-485	710	25	country	country	NOUN
ftr-485	710	26	.	.	PUNCT
ftr-485	711	1	the	the	DET
ftr-485	711	2	ruling	ruling	NOUN
ftr-485	711	3	does	do	AUX
ftr-485	711	4	not	not	PART
ftr-485	711	5	address	address	VERB
ftr-485	711	6	whether	whether	SCONJ
ftr-485	711	7	this	this	DET
ftr-485	711	8	interest	interest	NOUN
ftr-485	711	9	falls	fall	VERB
ftr-485	711	10	under	under	ADP
ftr-485	711	11	the	the	DET
ftr-485	711	12	interest	interest	NOUN
ftr-485	711	13	article	article	NOUN
ftr-485	711	14	,	,	PUNCT
ftr-485	711	15	it	it	PRON
ftr-485	711	16	appears	appear	VERB
ftr-485	711	17	to	to	PART
ftr-485	711	18	be	be	AUX
ftr-485	711	19	an	an	DET
ftr-485	711	20	implicit	implicit	ADJ
ftr-485	711	21	premise	premise	NOUN
ftr-485	711	22	of	of	ADP
ftr-485	711	23	the	the	DET
ftr-485	711	24	ruling	ruling	NOUN
ftr-485	711	25	that	that	SCONJ
ftr-485	711	26	it	it	PRON
ftr-485	711	27	does	do	VERB
ftr-485	711	28	.	.	PUNCT
ftr-485	712	1	it	it	PRON
ftr-485	712	2	might	might	AUX
ftr-485	712	3	be	be	AUX
ftr-485	712	4	inferred	infer	VERB
ftr-485	712	5	from	from	ADP
ftr-485	712	6	this	this	DET
ftr-485	712	7	premise	premise	NOUN
ftr-485	712	8	that	that	SCONJ
ftr-485	712	9	the	the	DET
ftr-485	712	10	service	service	NOUN
ftr-485	712	11	intends	intend	VERB
ftr-485	712	12	to	to	PART
ftr-485	712	13	use	use	VERB
ftr-485	712	14	treaties	treaty	NOUN
ftr-485	712	15	as	as	ADP
ftr-485	712	16	the	the	DET
ftr-485	712	17	primary	primary	ADJ
ftr-485	712	18	means	mean	NOUN
ftr-485	712	19	of	of	ADP
ftr-485	712	20	reducing	reduce	VERB
ftr-485	712	21	or	or	CCONJ
ftr-485	712	22	removing	remove	VERB
ftr-485	712	23	tax	tax	NOUN
ftr-485	712	24	on	on	ADP
ftr-485	712	25	these	these	DET
ftr-485	712	26	interest	interest	NOUN
ftr-485	712	27	payments	payment	NOUN
ftr-485	712	28	.	.	PUNCT
ftr-485	713	1	112	112	NUM
ftr-485	713	2	.	.	PUNCT
ftr-485	714	1	this	this	DET
ftr-485	714	2	policy	policy	NOUN
ftr-485	714	3	is	be	AUX
ftr-485	714	4	apparently	apparently	ADV
ftr-485	714	5	accepted	accept	VERB
ftr-485	714	6	by	by	ADP
ftr-485	714	7	the	the	DET
ftr-485	714	8	oecd	oecd	PROPN
ftr-485	714	9	model	model	NOUN
ftr-485	714	10	commentary	commentary	NOUN
ftr-485	714	11	.	.	PUNCT
ftr-485	715	1	see	see	VERB
ftr-485	715	2	1994	1994	NUM
ftr-485	715	3	oecd	oecd	PROPN
ftr-485	715	4	model	model	PROPN
ftr-485	715	5	,	,	PUNCT
ftr-485	715	6	supra	supra	PROPN
ftr-485	715	7	note	note	NOUN
ftr-485	715	8	3	3	NUM
ftr-485	715	9	,	,	PUNCT
ftr-485	715	10	commentary	commentary	NOUN
ftr-485	715	11	on	on	ADP
ftr-485	715	12	art	art	NOUN
ftr-485	715	13	.	.	PUNCT
ftr-485	716	1	1	1	NUM
ftr-485	716	2	,	,	PUNCT
ftr-485	716	3	para	para	NOUN
ftr-485	716	4	.	.	PUNCT
ftr-485	717	1	24	24	NUM
ftr-485	717	2	.	.	NOUN
ftr-485	718	1	113	113	NUM
ftr-485	718	2	.	.	PUNCT
ftr-485	718	3	1994	1994	NUM
ftr-485	719	1	oecd	oecd	PROPN
ftr-485	719	2	report	report	PROPN
ftr-485	719	3	,	,	PUNCT
ftr-485	719	4	supra	supra	PROPN
ftr-485	719	5	note	note	PROPN
ftr-485	719	6	94	94	NUM
ftr-485	719	7	,	,	PUNCT
ftr-485	719	8	part	part	NOUN
ftr-485	720	1	i	i	NOUN
ftr-485	720	2	,	,	PUNCT
ftr-485	720	3	para	para	PROPN
ftr-485	720	4	.	.	PUNCT
ftr-485	721	1	139	139	NUM
ftr-485	721	2	.	.	X
ftr-485	721	3	114	114	NUM
ftr-485	721	4	.	.	PUNCT
ftr-485	722	1	see	see	VERB
ftr-485	722	2	supra	supra	ADJ
ftr-485	722	3	text	text	NOUN
ftr-485	722	4	accompanying	accompanying	ADJ
ftr-485	722	5	note	note	NOUN
ftr-485	722	6	109	109	NUM
ftr-485	722	7	.	.	NOUN
ftr-485	722	8	115	115	NUM
ftr-485	722	9	.	.	PUNCT
ftr-485	723	1	1994	1994	NUM
ftr-485	724	1	oecd	oecd	PROPN
ftr-485	724	2	model	model	PROPN
ftr-485	724	3	,	,	PUNCT
ftr-485	724	4	supra	supra	PROPN
ftr-485	724	5	note	note	NOUN
ftr-485	724	6	3	3	NUM
ftr-485	724	7	,	,	PUNCT
ftr-485	724	8	commentary	commentary	NOUN
ftr-485	724	9	on	on	ADP
ftr-485	724	10	art	art	NOUN
ftr-485	724	11	.	.	PUNCT
ftr-485	725	1	11	11	NUM
ftr-485	725	2	,	,	PUNCT
ftr-485	725	3	para	para	NOUN
ftr-485	725	4	.	.	PUNCT
ftr-485	726	1	21	21	NUM
ftr-485	726	2	.	.	PUNCT
ftr-485	727	1	the	the	DET
ftr-485	727	2	quoted	quote	VERB
ftr-485	727	3	words	word	NOUN
ftr-485	727	4	are	be	AUX
ftr-485	727	5	meant	mean	VERB
ftr-485	727	6	to	to	PART
ftr-485	727	7	distinguish	distinguish	VERB
ftr-485	727	8	the	the	DET
ftr-485	727	9	current	current	ADJ
ftr-485	727	10	version	version	NOUN
ftr-485	727	11	of	of	ADP
ftr-485	727	12	the	the	DET
ftr-485	727	13	model	model	NOUN
ftr-485	727	14	convention	convention	NOUN
ftr-485	727	15	from	from	ADP
ftr-485	727	16	the	the	DET
ftr-485	727	17	1963	1963	NUM
ftr-485	727	18	version	version	NOUN
ftr-485	727	19	,	,	PUNCT
ftr-485	727	20	which	which	PRON
ftr-485	727	21	included	include	VERB
ftr-485	727	22	a	a	DET
ftr-485	727	23	reference	reference	NOUN
ftr-485	727	24	to	to	ADP
ftr-485	727	25	domestic	domestic	ADJ
ftr-485	727	26	law	law	NOUN
ftr-485	727	27	.	.	PUNCT
ftr-485	728	1	[	[	X
ftr-485	728	2	vol	vol	NOUN
ftr-485	728	3	.	.	PUNCT
ftr-485	728	4	2:11	2:11	NUM
ftr-485	728	5	the	the	DET
ftr-485	728	6	recharacterization	recharacterization	NOUN
ftr-485	728	7	of	of	ADP
ftr-485	728	8	cross	cross	ADJ
ftr-485	728	9	-	-	ADJ
ftr-485	728	10	border	border	ADJ
ftr-485	728	11	interest	interest	NOUN
ftr-485	728	12	rate	rate	NOUN
ftr-485	728	13	swaps	swap	NOUN
ftr-485	728	14	d.	d.	NOUN
ftr-485	728	15	potentially	potentially	ADV
ftr-485	728	16	applicable	applicable	ADJ
ftr-485	728	17	tax	tax	NOUN
ftr-485	728	18	treaty	treaty	NOUN
ftr-485	728	19	articles	article	VERB
ftr-485	728	20	the	the	DET
ftr-485	728	21	oecd	oecd	PROPN
ftr-485	728	22	report	report	NOUN
ftr-485	728	23	notes	note	VERB
ftr-485	728	24	that	that	SCONJ
ftr-485	728	25	"	"	PUNCT
ftr-485	728	26	there	there	PRON
ftr-485	728	27	is	be	VERB
ftr-485	728	28	no	no	DET
ftr-485	728	29	consistency	consistency	NOUN
ftr-485	728	30	in	in	ADP
ftr-485	728	31	the	the	DET
ftr-485	728	32	way	way	NOUN
ftr-485	728	33	countries	country	NOUN
ftr-485	728	34	classify	classify	VERB
ftr-485	728	35	[	[	X
ftr-485	728	36	swap	swap	NOUN
ftr-485	728	37	]	]	PUNCT
ftr-485	728	38	payments	payment	NOUN
ftr-485	728	39	when	when	SCONJ
ftr-485	728	40	applying	apply	VERB
ftr-485	728	41	treaties	treaty	NOUN
ftr-485	728	42	.	.	PUNCT
ftr-485	729	1	"	"	PUNCT
ftr-485	729	2	"	"	PUNCT
ftr-485	729	3	6	6	NUM
ftr-485	729	4	the	the	DET
ftr-485	729	5	possibilities	possibility	NOUN
ftr-485	729	6	,	,	PUNCT
ftr-485	729	7	in	in	ADP
ftr-485	729	8	addition	addition	NOUN
ftr-485	729	9	to	to	ADP
ftr-485	729	10	article	article	NOUN
ftr-485	729	11	11	11	NUM
ftr-485	729	12	,	,	PUNCT
ftr-485	729	13	include	include	VERB
ftr-485	729	14	article	article	NOUN
ftr-485	729	15	7	7	NUM
ftr-485	729	16	(	(	PUNCT
ftr-485	729	17	business	business	NOUN
ftr-485	729	18	profits	profit	NOUN
ftr-485	729	19	)	)	PUNCT
ftr-485	729	20	,	,	PUNCT
ftr-485	729	21	article	article	NOUN
ftr-485	729	22	21	21	NUM
ftr-485	729	23	(	(	PUNCT
ftr-485	729	24	other	other	ADJ
ftr-485	729	25	income	income	NOUN
ftr-485	729	26	)	)	PUNCT
ftr-485	729	27	;	;	PUNCT
ftr-485	729	28	article	article	NOUN
ftr-485	729	29	13	13	NUM
ftr-485	729	30	(	(	PUNCT
ftr-485	729	31	capital	capital	NOUN
ftr-485	729	32	gains	gain	NOUN
ftr-485	729	33	)	)	PUNCT
ftr-485	729	34	,	,	PUNCT
ftr-485	729	35	and	and	CCONJ
ftr-485	729	36	no	no	DET
ftr-485	729	37	suitable	suitable	ADJ
ftr-485	729	38	treaty	treaty	NOUN
ftr-485	729	39	article	article	NOUN
ftr-485	729	40	at	at	ADV
ftr-485	729	41	all	all	ADV
ftr-485	729	42	.	.	PUNCT
ftr-485	730	1	117	117	NUM
ftr-485	730	2	unlike	unlike	ADP
ftr-485	730	3	oecd	oecd	PROPN
ftr-485	730	4	model	model	NOUN
ftr-485	730	5	article	article	PROPN
ftr-485	730	6	i1	i1	PROPN
ftr-485	730	7	,	,	PUNCT
ftr-485	730	8	articles	article	VERB
ftr-485	730	9	7	7	NUM
ftr-485	730	10	and	and	CCONJ
ftr-485	730	11	21	21	NUM
ftr-485	730	12	assign	assign	VERB
ftr-485	730	13	the	the	DET
ftr-485	730	14	exclusive	exclusive	ADJ
ftr-485	730	15	right	right	NOUN
ftr-485	730	16	to	to	PART
ftr-485	730	17	tax	tax	VERB
ftr-485	730	18	the	the	DET
ftr-485	730	19	income	income	NOUN
ftr-485	730	20	falling	fall	VERB
ftr-485	730	21	under	under	ADP
ftr-485	730	22	them	they	PRON
ftr-485	730	23	to	to	ADP
ftr-485	730	24	the	the	DET
ftr-485	730	25	residence	residence	NOUN
ftr-485	730	26	state	state	NOUN
ftr-485	730	27	of	of	ADP
ftr-485	730	28	the	the	DET
ftr-485	730	29	income	income	NOUN
ftr-485	730	30	recipient	recipient	NOUN
ftr-485	730	31	unless	unless	SCONJ
ftr-485	730	32	the	the	DET
ftr-485	730	33	profits	profit	NOUN
ftr-485	730	34	are	be	AUX
ftr-485	730	35	"	"	PUNCT
ftr-485	730	36	attributable	attributable	ADJ
ftr-485	730	37	"	"	PUNCT
ftr-485	730	38	to	to	ADP
ftr-485	730	39	a	a	DET
ftr-485	730	40	permanent	permanent	ADJ
ftr-485	730	41	establishment	establishment	NOUN
ftr-485	730	42	in	in	ADP
ftr-485	730	43	the	the	DET
ftr-485	730	44	source	source	NOUN
ftr-485	730	45	state	state	NOUN
ftr-485	730	46	.	.	PUNCT
ftr-485	730	47	"	"	PUNCT
ftr-485	731	1	8	8	NUM
ftr-485	731	2	1	1	NUM
ftr-485	731	3	.	.	PUNCT
ftr-485	731	4	article	article	NOUN
ftr-485	731	5	11	11	NUM
ftr-485	731	6	:	:	PUNCT
ftr-485	731	7	interest.-it	interest.-it	NOUN
ftr-485	731	8	is	be	AUX
ftr-485	731	9	possible	possible	ADJ
ftr-485	731	10	that	that	SCONJ
ftr-485	731	11	a	a	DET
ftr-485	731	12	large	large	ADJ
ftr-485	731	13	nonperiodic	nonperiodic	ADJ
ftr-485	731	14	payment	payment	NOUN
ftr-485	731	15	in	in	ADP
ftr-485	731	16	an	an	DET
ftr-485	731	17	interest	interest	NOUN
ftr-485	731	18	rate	rate	NOUN
ftr-485	731	19	swap	swap	NOUN
ftr-485	731	20	could	could	AUX
ftr-485	731	21	be	be	AUX
ftr-485	731	22	recast	recast	VERB
ftr-485	731	23	under	under	ADP
ftr-485	731	24	both	both	DET
ftr-485	731	25	states	state	NOUN
ftr-485	731	26	'	'	PART
ftr-485	731	27	laws	law	NOUN
ftr-485	731	28	,	,	PUNCT
ftr-485	731	29	following	follow	VERB
ftr-485	731	30	provisions	provision	NOUN
ftr-485	731	31	similar	similar	ADJ
ftr-485	731	32	to	to	ADP
ftr-485	731	33	the	the	DET
ftr-485	731	34	swap	swap	NOUN
ftr-485	731	35	regulations	regulation	NOUN
ftr-485	731	36	;	;	PUNCT
ftr-485	731	37	if	if	SCONJ
ftr-485	731	38	so	so	ADV
ftr-485	731	39	,	,	PUNCT
ftr-485	731	40	the	the	DET
ftr-485	731	41	interest	interest	NOUN
ftr-485	731	42	article	article	NOUN
ftr-485	731	43	can	can	AUX
ftr-485	731	44	readily	readily	ADV
ftr-485	731	45	be	be	AUX
ftr-485	731	46	applied	apply	VERB
ftr-485	731	47	.	.	PUNCT
ftr-485	732	1	however	however	ADV
ftr-485	732	2	,	,	PUNCT
ftr-485	732	3	if	if	SCONJ
ftr-485	732	4	the	the	DET
ftr-485	732	5	criteria	criterion	NOUN
ftr-485	732	6	used	use	VERB
ftr-485	732	7	to	to	PART
ftr-485	732	8	determine	determine	VERB
ftr-485	732	9	when	when	SCONJ
ftr-485	732	10	to	to	PART
ftr-485	732	11	recharacterize	recharacterize	VERB
ftr-485	732	12	a	a	DET
ftr-485	732	13	payment	payment	NOUN
ftr-485	732	14	are	be	AUX
ftr-485	732	15	as	as	ADV
ftr-485	732	16	loose	loose	ADJ
ftr-485	732	17	in	in	ADP
ftr-485	732	18	these	these	DET
ftr-485	732	19	states	state	NOUN
ftr-485	732	20	as	as	ADP
ftr-485	732	21	under	under	ADP
ftr-485	732	22	the	the	DET
ftr-485	732	23	swap	swap	NOUN
ftr-485	732	24	regulations	regulation	NOUN
ftr-485	732	25	,	,	PUNCT
ftr-485	732	26	it	it	PRON
ftr-485	732	27	is	be	AUX
ftr-485	732	28	unlikely	unlikely	ADJ
ftr-485	732	29	that	that	SCONJ
ftr-485	732	30	the	the	DET
ftr-485	732	31	states	state	NOUN
ftr-485	732	32	would	would	AUX
ftr-485	732	33	consistently	consistently	ADV
ftr-485	732	34	agree	agree	VERB
ftr-485	732	35	on	on	ADP
ftr-485	732	36	when	when	SCONJ
ftr-485	732	37	a	a	DET
ftr-485	732	38	nonperiodic	nonperiodic	ADJ
ftr-485	732	39	payment	payment	NOUN
ftr-485	732	40	should	should	AUX
ftr-485	732	41	be	be	AUX
ftr-485	732	42	viewed	view	VERB
ftr-485	732	43	as	as	ADP
ftr-485	732	44	a	a	DET
ftr-485	732	45	loan	loan	NOUN
ftr-485	732	46	,	,	PUNCT
ftr-485	732	47	particularly	particularly	ADV
ftr-485	732	48	in	in	ADP
ftr-485	732	49	borderline	borderline	NOUN
ftr-485	732	50	cases	case	NOUN
ftr-485	732	51	.	.	PUNCT
ftr-485	732	52	"	"	PUNCT
ftr-485	733	1	9	9	NUM
ftr-485	733	2	therefore	therefore	ADV
ftr-485	733	3	,	,	PUNCT
ftr-485	733	4	even	even	ADV
ftr-485	733	5	the	the	DET
ftr-485	733	6	existence	existence	NOUN
ftr-485	733	7	of	of	ADP
ftr-485	733	8	similar	similar	ADJ
ftr-485	733	9	recharacterization	recharacterization	NOUN
ftr-485	733	10	policies	policy	NOUN
ftr-485	733	11	in	in	ADP
ftr-485	733	12	both	both	DET
ftr-485	733	13	countries	country	NOUN
ftr-485	733	14	does	do	AUX
ftr-485	733	15	not	not	PART
ftr-485	733	16	ensure	ensure	VERB
ftr-485	733	17	the	the	DET
ftr-485	733	18	proper	proper	ADJ
ftr-485	733	19	functioning	functioning	NOUN
ftr-485	733	20	of	of	ADP
ftr-485	733	21	the	the	DET
ftr-485	733	22	relevant	relevant	ADJ
ftr-485	733	23	tax	tax	NOUN
ftr-485	733	24	treaty	treaty	NOUN
ftr-485	733	25	.	.	PUNCT
ftr-485	734	1	a	a	DET
ftr-485	734	2	swap	swap	NOUN
ftr-485	734	3	payment	payment	NOUN
ftr-485	734	4	could	could	AUX
ftr-485	734	5	be	be	AUX
ftr-485	734	6	treated	treat	VERB
ftr-485	734	7	as	as	ADP
ftr-485	734	8	a	a	DET
ftr-485	734	9	loan	loan	NOUN
ftr-485	734	10	by	by	ADP
ftr-485	734	11	one	one	NUM
ftr-485	734	12	state	state	NOUN
ftr-485	734	13	but	but	CCONJ
ftr-485	734	14	not	not	PART
ftr-485	734	15	by	by	ADP
ftr-485	734	16	the	the	DET
ftr-485	734	17	other	other	ADJ
ftr-485	734	18	,	,	PUNCT
ftr-485	734	19	resulting	result	VERB
ftr-485	734	20	in	in	ADP
ftr-485	734	21	a	a	DET
ftr-485	734	22	"	"	PUNCT
ftr-485	734	23	debt	debt	NOUN
ftr-485	734	24	-	-	PUNCT
ftr-485	734	25	claim	claim	NOUN
ftr-485	734	26	"	"	PUNCT
ftr-485	734	27	and	and	CCONJ
ftr-485	734	28	"	"	PUNCT
ftr-485	734	29	interest	interest	NOUN
ftr-485	734	30	"	"	PUNCT
ftr-485	734	31	for	for	ADP
ftr-485	734	32	treaty	treaty	NOUN
ftr-485	734	33	purposes	purpose	NOUN
ftr-485	734	34	in	in	ADP
ftr-485	734	35	the	the	DET
ftr-485	734	36	former	former	ADJ
ftr-485	734	37	state	state	NOUN
ftr-485	734	38	and	and	CCONJ
ftr-485	734	39	treatment	treatment	NOUN
ftr-485	734	40	as	as	ADP
ftr-485	734	41	regular	regular	ADJ
ftr-485	734	42	swap	swap	NOUN
ftr-485	734	43	income	income	NOUN
ftr-485	734	44	in	in	ADP
ftr-485	734	45	the	the	DET
ftr-485	734	46	latter	latter	ADJ
ftr-485	734	47	-	-	PUNCT
ftr-485	734	48	the	the	DET
ftr-485	734	49	same	same	ADJ
ftr-485	734	50	problem	problem	NOUN
ftr-485	734	51	as	as	SCONJ
ftr-485	734	52	just	just	ADV
ftr-485	734	53	discussed	discuss	VERB
ftr-485	734	54	where	where	SCONJ
ftr-485	734	55	one	one	NUM
ftr-485	734	56	state	state	NOUN
ftr-485	734	57	does	do	AUX
ftr-485	734	58	not	not	PART
ftr-485	734	59	have	have	VERB
ftr-485	734	60	a	a	DET
ftr-485	734	61	recharacterization	recharacterization	ADJ
ftr-485	734	62	policy	policy	NOUN
ftr-485	734	63	.	.	PUNCT
ftr-485	735	1	2	2	X
ftr-485	735	2	.	.	X
ftr-485	735	3	article	article	NOUN
ftr-485	735	4	7	7	NUM
ftr-485	735	5	:	:	PUNCT
ftr-485	735	6	"	"	PUNCT
ftr-485	735	7	business	business	NOUN
ftr-485	735	8	profits	profit	NOUN
ftr-485	735	9	.	.	PUNCT
ftr-485	736	1	"	"	PUNCT
ftr-485	736	2	-article	-article	PROPN
ftr-485	736	3	7	7	NUM
ftr-485	736	4	,	,	PUNCT
ftr-485	736	5	which	which	PRON
ftr-485	736	6	generally	generally	ADV
ftr-485	736	7	applies	apply	VERB
ftr-485	736	8	to	to	ADP
ftr-485	736	9	income	income	VERB
ftr-485	736	10	from	from	ADP
ftr-485	736	11	"	"	PUNCT
ftr-485	736	12	active	active	ADJ
ftr-485	736	13	business	business	NOUN
ftr-485	736	14	operations,"'120	operations,"'120	NOUN
ftr-485	736	15	allows	allow	VERB
ftr-485	736	16	source	source	NOUN
ftr-485	736	17	taxation	taxation	NOUN
ftr-485	736	18	of	of	ADP
ftr-485	736	19	business	business	NOUN
ftr-485	736	20	profits	profit	NOUN
ftr-485	736	21	only	only	ADV
ftr-485	736	22	if	if	SCONJ
ftr-485	736	23	they	they	PRON
ftr-485	736	24	are	be	AUX
ftr-485	736	25	attributable	attributable	ADJ
ftr-485	736	26	to	to	ADP
ftr-485	736	27	a	a	DET
ftr-485	736	28	permanent	permanent	ADJ
ftr-485	736	29	establishment	establishment	NOUN
ftr-485	736	30	of	of	ADP
ftr-485	736	31	116	116	NUM
ftr-485	736	32	.	.	PUNCT
ftr-485	736	33	1994	1994	NUM
ftr-485	737	1	oecd	oecd	PROPN
ftr-485	737	2	report	report	PROPN
ftr-485	737	3	,	,	PUNCT
ftr-485	737	4	supra	supra	PROPN
ftr-485	737	5	note	note	PROPN
ftr-485	737	6	94	94	NUM
ftr-485	737	7	,	,	PUNCT
ftr-485	737	8	part	part	NOUN
ftr-485	738	1	i	i	NOUN
ftr-485	738	2	,	,	PUNCT
ftr-485	738	3	para	para	PROPN
ftr-485	738	4	.	.	PUNCT
ftr-485	739	1	29	29	NUM
ftr-485	739	2	.	.	PUNCT
ftr-485	740	1	see	see	VERB
ftr-485	740	2	i	i	PRON
ftr-485	740	3	d.	d.	PROPN
ftr-485	740	4	at	at	ADP
ftr-485	740	5	60	60	NUM
ftr-485	740	6	for	for	ADP
ftr-485	740	7	a	a	DET
ftr-485	740	8	table	table	NOUN
ftr-485	740	9	summarizing	summarize	VERB
ftr-485	740	10	the	the	DET
ftr-485	740	11	member	member	NOUN
ftr-485	740	12	states	state	NOUN
ftr-485	740	13	'	'	PART
ftr-485	740	14	classifications	classification	NOUN
ftr-485	740	15	of	of	ADP
ftr-485	740	16	payments	payment	NOUN
ftr-485	740	17	when	when	SCONJ
ftr-485	740	18	applying	apply	VERB
ftr-485	740	19	tax	tax	NOUN
ftr-485	740	20	treaties	treaty	NOUN
ftr-485	740	21	.	.	PUNCT
ftr-485	741	1	117	117	NUM
ftr-485	741	2	.	.	PUNCT
ftr-485	742	1	article	article	NOUN
ftr-485	742	2	13	13	NUM
ftr-485	742	3	is	be	AUX
ftr-485	742	4	a	a	DET
ftr-485	742	5	less	less	ADV
ftr-485	742	6	likely	likely	ADJ
ftr-485	742	7	alternative	alternative	NOUN
ftr-485	742	8	because	because	SCONJ
ftr-485	742	9	swap	swap	NOUN
ftr-485	742	10	payments	payment	NOUN
ftr-485	742	11	are	be	AUX
ftr-485	742	12	commonly	commonly	ADV
ftr-485	742	13	made	make	VERB
ftr-485	742	14	and	and	CCONJ
ftr-485	742	15	received	receive	VERB
ftr-485	742	16	in	in	ADP
ftr-485	742	17	the	the	DET
ftr-485	742	18	ordinary	ordinary	ADJ
ftr-485	742	19	course	course	NOUN
ftr-485	742	20	of	of	ADP
ftr-485	742	21	the	the	DET
ftr-485	742	22	participants	participant	NOUN
ftr-485	742	23	'	'	PART
ftr-485	742	24	businesses	business	NOUN
ftr-485	742	25	and	and	CCONJ
ftr-485	742	26	because	because	SCONJ
ftr-485	742	27	swap	swap	NOUN
ftr-485	742	28	income	income	NOUN
ftr-485	742	29	usually	usually	ADV
ftr-485	742	30	does	do	AUX
ftr-485	742	31	not	not	PART
ftr-485	742	32	consist	consist	VERB
ftr-485	742	33	of	of	ADP
ftr-485	742	34	appreciation	appreciation	NOUN
ftr-485	742	35	in	in	ADP
ftr-485	742	36	property	property	NOUN
ftr-485	742	37	value	value	NOUN
ftr-485	742	38	and	and	CCONJ
ftr-485	742	39	is	be	AUX
ftr-485	742	40	not	not	PART
ftr-485	742	41	realized	realize	VERB
ftr-485	742	42	by	by	ADP
ftr-485	742	43	a	a	DET
ftr-485	742	44	sale	sale	NOUN
ftr-485	742	45	of	of	ADP
ftr-485	742	46	property	property	NOUN
ftr-485	742	47	.	.	PUNCT
ftr-485	743	1	118	118	NUM
ftr-485	743	2	.	.	NOUN
ftr-485	743	3	1994	1994	NUM
ftr-485	744	1	oecd	oecd	PROPN
ftr-485	744	2	model	model	PROPN
ftr-485	744	3	,	,	PUNCT
ftr-485	744	4	supra	supra	PROPN
ftr-485	744	5	note	note	NOUN
ftr-485	744	6	3	3	NUM
ftr-485	744	7	,	,	PUNCT
ftr-485	744	8	art	art	NOUN
ftr-485	744	9	.	.	PUNCT
ftr-485	745	1	7	7	NUM
ftr-485	745	2	,	,	PUNCT
ftr-485	745	3	para	para	NOUN
ftr-485	745	4	.	.	NOUN
ftr-485	745	5	1	1	NUM
ftr-485	745	6	and	and	CCONJ
ftr-485	745	7	art	art	NOUN
ftr-485	745	8	.	.	PUNCT
ftr-485	746	1	21	21	NUM
ftr-485	746	2	,	,	PUNCT
ftr-485	746	3	paras	para	NOUN
ftr-485	746	4	.	.	NOUN
ftr-485	746	5	12	12	NUM
ftr-485	746	6	.	.	PUNCT
ftr-485	747	1	it	it	PRON
ftr-485	747	2	is	be	AUX
ftr-485	747	3	assumed	assume	VERB
ftr-485	747	4	here	here	ADV
ftr-485	747	5	that	that	SCONJ
ftr-485	747	6	the	the	DET
ftr-485	747	7	cross	cross	NOUN
ftr-485	747	8	-	-	ADJ
ftr-485	747	9	border	border	ADJ
ftr-485	747	10	off	off	ADP
ftr-485	747	11	-	-	PUNCT
ftr-485	747	12	market	market	NOUN
ftr-485	747	13	swaps	swap	NOUN
ftr-485	747	14	under	under	ADP
ftr-485	747	15	discussion	discussion	NOUN
ftr-485	747	16	are	be	AUX
ftr-485	747	17	not	not	PART
ftr-485	747	18	attributable	attributable	ADJ
ftr-485	747	19	to	to	ADP
ftr-485	747	20	a	a	DET
ftr-485	747	21	permanent	permanent	ADJ
ftr-485	747	22	establishment	establishment	NOUN
ftr-485	747	23	.	.	PUNCT
ftr-485	748	1	for	for	ADP
ftr-485	748	2	discussion	discussion	NOUN
ftr-485	748	3	of	of	ADP
ftr-485	748	4	the	the	DET
ftr-485	748	5	consequences	consequence	NOUN
ftr-485	748	6	of	of	ADP
ftr-485	748	7	using	use	VERB
ftr-485	748	8	a	a	DET
ftr-485	748	9	permanent	permanent	ADJ
ftr-485	748	10	establishment	establishment	NOUN
ftr-485	748	11	in	in	ADP
ftr-485	748	12	a	a	DET
ftr-485	748	13	swap	swap	NOUN
ftr-485	748	14	,	,	PUNCT
ftr-485	748	15	see	see	VERB
ftr-485	748	16	kopp	kopp	PROPN
ftr-485	748	17	&	&	CCONJ
ftr-485	748	18	pross	pross	PROPN
ftr-485	748	19	,	,	PUNCT
ftr-485	748	20	supra	supra	PROPN
ftr-485	748	21	note	note	NOUN
ftr-485	748	22	24	24	NUM
ftr-485	748	23	.	.	PUNCT
ftr-485	749	1	at	at	ADP
ftr-485	749	2	378	378	NUM
ftr-485	749	3	-	-	SYM
ftr-485	749	4	79	79	NUM
ftr-485	749	5	.	.	PUNCT
ftr-485	750	1	the	the	DET
ftr-485	750	2	permanent	permanent	ADJ
ftr-485	750	3	establishment	establishment	NOUN
ftr-485	750	4	concept	concept	NOUN
ftr-485	750	5	in	in	ADP
ftr-485	750	6	treaty	treaty	NOUN
ftr-485	750	7	law	law	NOUN
ftr-485	750	8	is	be	AUX
ftr-485	750	9	similar	similar	ADJ
ftr-485	750	10	to	to	ADP
ftr-485	750	11	the	the	DET
ftr-485	750	12	concept	concept	NOUN
ftr-485	750	13	of	of	ADP
ftr-485	750	14	income	income	NOUN
ftr-485	750	15	effectively	effectively	ADV
ftr-485	750	16	connected	connect	VERB
ftr-485	750	17	with	with	ADP
ftr-485	750	18	a	a	DET
ftr-485	750	19	u.s	u.s	PROPN
ftr-485	750	20	.	.	PROPN
ftr-485	750	21	trade	trade	NOUN
ftr-485	750	22	or	or	CCONJ
ftr-485	750	23	business	business	NOUN
ftr-485	750	24	under	under	ADP
ftr-485	750	25	u.s	u.s	PROPN
ftr-485	750	26	.	.	PROPN
ftr-485	750	27	domestic	domestic	ADJ
ftr-485	750	28	law	law	NOUN
ftr-485	750	29	.	.	PUNCT
ftr-485	751	1	see	see	VERB
ftr-485	751	2	supra	supra	PROPN
ftr-485	751	3	part	part	NOUN
ftr-485	751	4	iii.b.3	iii.b.3	NOUN
ftr-485	751	5	for	for	ADP
ftr-485	751	6	discussion	discussion	NOUN
ftr-485	751	7	.	.	PUNCT
ftr-485	752	1	119	119	NUM
ftr-485	752	2	.	.	PUNCT
ftr-485	753	1	in	in	ADP
ftr-485	753	2	the	the	DET
ftr-485	753	3	united	united	PROPN
ftr-485	753	4	states	states	PROPN
ftr-485	753	5	,	,	PUNCT
ftr-485	753	6	any	any	DET
ftr-485	753	7	nonperiodic	nonperiodic	ADJ
ftr-485	753	8	swap	swap	NOUN
ftr-485	753	9	payment	payment	NOUN
ftr-485	753	10	between	between	ADP
ftr-485	753	11	9.1	9.1	NUM
ftr-485	753	12	%	%	NOUN
ftr-485	753	13	and	and	CCONJ
ftr-485	753	14	66.7	66.7	NUM
ftr-485	753	15	%	%	NOUN
ftr-485	753	16	of	of	ADP
ftr-485	753	17	the	the	DET
ftr-485	753	18	present	present	ADJ
ftr-485	753	19	value	value	NOUN
ftr-485	753	20	of	of	ADP
ftr-485	753	21	the	the	DET
ftr-485	753	22	fixed	fix	VERB
ftr-485	753	23	payments	payment	NOUN
ftr-485	753	24	under	under	ADP
ftr-485	753	25	the	the	DET
ftr-485	753	26	swap	swap	NOUN
ftr-485	753	27	contract	contract	NOUN
ftr-485	753	28	must	must	AUX
ftr-485	753	29	be	be	AUX
ftr-485	753	30	considered	consider	VERB
ftr-485	753	31	borderline	borderline	NOUN
ftr-485	753	32	.	.	PUNCT
ftr-485	754	1	see	see	VERB
ftr-485	754	2	supra	supra	PROPN
ftr-485	754	3	part	part	NOUN
ftr-485	754	4	iii.b	iii.b	PROPN
ftr-485	754	5	.	.	PUNCT
ftr-485	755	1	120	120	NUM
ftr-485	755	2	.	.	PUNCT
ftr-485	755	3	isenbergh	isenbergh	NOUN
ftr-485	755	4	,	,	PUNCT
ftr-485	755	5	supra	supra	PROPN
ftr-485	755	6	note	note	PROPN
ftr-485	755	7	67	67	NUM
ftr-485	755	8	,	,	PUNCT
ftr-485	755	9	38.7	38.7	NUM
ftr-485	755	10	,	,	PUNCT
ftr-485	755	11	at	at	ADP
ftr-485	755	12	354	354	NUM
ftr-485	755	13	.	.	PUNCT
ftr-485	756	1	see	see	VERB
ftr-485	756	2	also	also	ADV
ftr-485	756	3	vogel	vogel	PROPN
ftr-485	756	4	dtc	dtc	PROPN
ftr-485	756	5	,	,	PUNCT
ftr-485	756	6	supra	supra	PROPN
ftr-485	756	7	note	note	NOUN
ftr-485	756	8	91	91	NUM
ftr-485	756	9	.	.	PUNCT
ftr-485	757	1	at	at	ADP
ftr-485	757	2	321	321	NUM
ftr-485	757	3	(	(	PUNCT
ftr-485	757	4	discussing	discuss	VERB
ftr-485	757	5	the	the	DET
ftr-485	757	6	term	term	NOUN
ftr-485	757	7	"	"	PUNCT
ftr-485	757	8	business	business	NOUN
ftr-485	757	9	profits	profit	NOUN
ftr-485	757	10	"	"	PUNCT
ftr-485	757	11	)	)	PUNCT
ftr-485	757	12	.	.	PUNCT
ftr-485	757	13	19951	19951	NUM
ftr-485	757	14	florida	florida	PROPN
ftr-485	757	15	tax	tax	PROPN
ftr-485	757	16	review	review	NOUN
ftr-485	757	17	the	the	DET
ftr-485	757	18	taxpayer	taxpayer	NOUN
ftr-485	757	19	in	in	ADP
ftr-485	757	20	the	the	DET
ftr-485	757	21	source	source	NOUN
ftr-485	757	22	country	country	NOUN
ftr-485	757	23	.	.	PUNCT
ftr-485	758	1	it	it	PRON
ftr-485	758	2	is	be	AUX
ftr-485	758	3	the	the	DET
ftr-485	758	4	most	most	ADV
ftr-485	758	5	likely	likely	ADJ
ftr-485	758	6	article	article	NOUN
ftr-485	758	7	to	to	PART
ftr-485	758	8	be	be	AUX
ftr-485	758	9	applied	apply	VERB
ftr-485	758	10	for	for	ADP
ftr-485	758	11	regular	regular	ADJ
ftr-485	758	12	swap	swap	NOUN
ftr-485	758	13	income	income	NOUN
ftr-485	758	14	payments	payment	NOUN
ftr-485	758	15	.	.	PUNCT
ftr-485	759	1	however	however	ADV
ftr-485	759	2	,	,	PUNCT
ftr-485	759	3	income	income	NOUN
ftr-485	759	4	from	from	ADP
ftr-485	759	5	passive	passive	ADJ
ftr-485	759	6	investments	investment	NOUN
ftr-485	759	7	unrelated	unrelated	ADJ
ftr-485	759	8	to	to	ADP
ftr-485	759	9	the	the	DET
ftr-485	759	10	enterprise	enterprise	NOUN
ftr-485	759	11	's	's	PART
ftr-485	759	12	business	business	NOUN
ftr-485	759	13	is	be	AUX
ftr-485	759	14	not	not	PART
ftr-485	759	15	intended	intend	VERB
ftr-485	759	16	to	to	PART
ftr-485	759	17	fall	fall	VERB
ftr-485	759	18	under	under	ADP
ftr-485	759	19	article	article	NOUN
ftr-485	759	20	7	7	NUM
ftr-485	759	21	.	.	PUNCT
ftr-485	760	1	this	this	DET
ftr-485	760	2	line	line	NOUN
ftr-485	760	3	is	be	AUX
ftr-485	760	4	often	often	ADV
ftr-485	760	5	unclear	unclear	ADJ
ftr-485	760	6	,	,	PUNCT
ftr-485	760	7	though	though	ADV
ftr-485	760	8	,	,	PUNCT
ftr-485	760	9	such	such	ADJ
ftr-485	760	10	as	as	ADP
ftr-485	760	11	in	in	ADP
ftr-485	760	12	the	the	DET
ftr-485	760	13	case	case	NOUN
ftr-485	760	14	of	of	ADP
ftr-485	760	15	banks	bank	NOUN
ftr-485	760	16	,	,	PUNCT
ftr-485	760	17	which	which	PRON
ftr-485	760	18	are	be	AUX
ftr-485	760	19	frequent	frequent	ADJ
ftr-485	760	20	interest	interest	NOUN
ftr-485	760	21	rate	rate	NOUN
ftr-485	760	22	swap	swap	NOUN
ftr-485	760	23	participants	participant	NOUN
ftr-485	760	24	.	.	PUNCT
ftr-485	761	1	a	a	DET
ftr-485	761	2	bank	bank	NOUN
ftr-485	761	3	's	's	PART
ftr-485	761	4	interest	interest	NOUN
ftr-485	761	5	income	income	NOUN
ftr-485	761	6	results	result	NOUN
ftr-485	761	7	from	from	ADP
ftr-485	761	8	investments	investment	NOUN
ftr-485	761	9	,	,	PUNCT
ftr-485	761	10	yet	yet	CCONJ
ftr-485	761	11	earning	earn	VERB
ftr-485	761	12	interest	interest	NOUN
ftr-485	761	13	is	be	AUX
ftr-485	761	14	the	the	DET
ftr-485	761	15	bank	bank	NOUN
ftr-485	761	16	's	's	PART
ftr-485	761	17	business	business	NOUN
ftr-485	761	18	.	.	PUNCT
ftr-485	762	1	to	to	PART
ftr-485	762	2	avoid	avoid	VERB
ftr-485	762	3	conflict	conflict	NOUN
ftr-485	762	4	between	between	ADP
ftr-485	762	5	treaty	treaty	NOUN
ftr-485	762	6	articles	article	NOUN
ftr-485	762	7	,	,	PUNCT
ftr-485	762	8	article	article	NOUN
ftr-485	762	9	7	7	NUM
ftr-485	762	10	"	"	PUNCT
ftr-485	762	11	gives	give	VERB
ftr-485	762	12	priority	priority	NOUN
ftr-485	762	13	"	"	PUNCT
ftr-485	762	14	to	to	ADP
ftr-485	762	15	the	the	DET
ftr-485	762	16	investment	investment	NOUN
ftr-485	762	17	income	income	NOUN
ftr-485	762	18	articles	article	NOUN
ftr-485	762	19	of	of	ADP
ftr-485	762	20	tax	tax	NOUN
ftr-485	762	21	treaties	treaty	NOUN
ftr-485	762	22	,	,	PUNCT
ftr-485	762	23	such	such	ADJ
ftr-485	762	24	as	as	ADP
ftr-485	762	25	article	article	NOUN
ftr-485	762	26	11	11	NUM
ftr-485	762	27	.	.	PUNCT
ftr-485	762	28	21	21	NUM
ftr-485	762	29	specifically	specifically	ADV
ftr-485	762	30	,	,	PUNCT
ftr-485	762	31	article	article	NOUN
ftr-485	762	32	7(7	7(7	NUM
ftr-485	762	33	)	)	PUNCT
ftr-485	762	34	provides	provide	VERB
ftr-485	762	35	that	that	SCONJ
ftr-485	762	36	"	"	PUNCT
ftr-485	762	37	[	[	X
ftr-485	762	38	w]here	w]here	PROPN
ftr-485	762	39	profits	profit	NOUN
ftr-485	762	40	include	include	VERB
ftr-485	762	41	items	item	NOUN
ftr-485	762	42	of	of	ADP
ftr-485	762	43	income	income	NOUN
ftr-485	762	44	which	which	PRON
ftr-485	762	45	are	be	AUX
ftr-485	762	46	dealt	deal	VERB
ftr-485	762	47	with	with	ADP
ftr-485	762	48	separately	separately	ADV
ftr-485	762	49	in	in	ADP
ftr-485	762	50	other	other	ADJ
ftr-485	762	51	articles	article	NOUN
ftr-485	762	52	of	of	ADP
ftr-485	762	53	this	this	DET
ftr-485	762	54	convention	convention	NOUN
ftr-485	762	55	,	,	PUNCT
ftr-485	762	56	then	then	ADV
ftr-485	762	57	the	the	DET
ftr-485	762	58	provisions	provision	NOUN
ftr-485	762	59	of	of	ADP
ftr-485	762	60	those	those	DET
ftr-485	762	61	articles	article	NOUN
ftr-485	762	62	shall	shall	AUX
ftr-485	762	63	not	not	PART
ftr-485	762	64	be	be	AUX
ftr-485	762	65	affected	affect	VERB
ftr-485	762	66	by	by	ADP
ftr-485	762	67	the	the	DET
ftr-485	762	68	provisions	provision	NOUN
ftr-485	762	69	of	of	ADP
ftr-485	762	70	this	this	DET
ftr-485	762	71	article	article	NOUN
ftr-485	762	72	.	.	PUNCT
ftr-485	763	1	"	"	PUNCT
ftr-485	763	2	'	'	PUNCT
ftr-485	763	3	22	22	NUM
ftr-485	763	4	however	however	ADV
ftr-485	763	5	,	,	PUNCT
ftr-485	763	6	for	for	SCONJ
ftr-485	763	7	a	a	DET
ftr-485	763	8	state	state	NOUN
ftr-485	763	9	to	to	PART
ftr-485	763	10	give	give	VERB
ftr-485	763	11	priority	priority	NOUN
ftr-485	763	12	to	to	ADP
ftr-485	763	13	article	article	NOUN
ftr-485	763	14	11	11	NUM
ftr-485	763	15	over	over	ADP
ftr-485	763	16	article	article	NOUN
ftr-485	763	17	7	7	NUM
ftr-485	763	18	,	,	PUNCT
ftr-485	763	19	it	it	PRON
ftr-485	763	20	must	must	AUX
ftr-485	763	21	recognize	recognize	VERB
ftr-485	763	22	that	that	SCONJ
ftr-485	763	23	there	there	PRON
ftr-485	763	24	is	be	VERB
ftr-485	763	25	interest	interest	NOUN
ftr-485	763	26	income	income	NOUN
ftr-485	763	27	,	,	PUNCT
ftr-485	763	28	and	and	CCONJ
ftr-485	763	29	whether	whether	SCONJ
ftr-485	763	30	it	it	PRON
ftr-485	763	31	recognizes	recognize	VERB
ftr-485	763	32	the	the	DET
ftr-485	763	33	presence	presence	NOUN
ftr-485	763	34	of	of	ADP
ftr-485	763	35	interest	interest	NOUN
ftr-485	763	36	returns	return	VERB
ftr-485	763	37	the	the	DET
ftr-485	763	38	analysis	analysis	NOUN
ftr-485	763	39	to	to	ADP
ftr-485	763	40	the	the	DET
ftr-485	763	41	state	state	NOUN
ftr-485	763	42	's	's	PART
ftr-485	763	43	treatment	treatment	NOUN
ftr-485	763	44	of	of	ADP
ftr-485	763	45	nonperiodic	nonperiodic	ADJ
ftr-485	763	46	payments	payment	NOUN
ftr-485	763	47	under	under	ADP
ftr-485	763	48	domestic	domestic	ADJ
ftr-485	763	49	law.2	law.2	PROPN
ftr-485	763	50	3	3	NUM
ftr-485	763	51	barring	bar	VERB
ftr-485	763	52	a	a	DET
ftr-485	763	53	state	state	NOUN
ftr-485	763	54	's	's	PART
ftr-485	763	55	characterization	characterization	NOUN
ftr-485	763	56	of	of	ADP
ftr-485	763	57	such	such	ADJ
ftr-485	763	58	payments	payment	NOUN
ftr-485	763	59	as	as	ADP
ftr-485	763	60	a	a	DET
ftr-485	763	61	loan	loan	NOUN
ftr-485	763	62	and	and	CCONJ
ftr-485	763	63	their	their	PRON
ftr-485	763	64	repayment	repayment	NOUN
ftr-485	763	65	as	as	ADP
ftr-485	763	66	including	include	VERB
ftr-485	763	67	interest	interest	NOUN
ftr-485	763	68	,	,	PUNCT
ftr-485	763	69	article	article	NOUN
ftr-485	763	70	7	7	NUM
ftr-485	763	71	may	may	AUX
ftr-485	763	72	be	be	AUX
ftr-485	763	73	applied	apply	VERB
ftr-485	763	74	without	without	ADP
ftr-485	763	75	difficulty	difficulty	NOUN
ftr-485	763	76	when	when	SCONJ
ftr-485	763	77	interest	interest	NOUN
ftr-485	763	78	rate	rate	NOUN
ftr-485	763	79	swap	swap	NOUN
ftr-485	763	80	payments	payment	NOUN
ftr-485	763	81	are	be	AUX
ftr-485	763	82	part	part	NOUN
ftr-485	763	83	of	of	ADP
ftr-485	763	84	the	the	DET
ftr-485	763	85	business	business	NOUN
ftr-485	763	86	profits	profit	NOUN
ftr-485	763	87	of	of	ADP
ftr-485	763	88	an	an	DET
ftr-485	763	89	enterprise	enterprise	NOUN
ftr-485	763	90	,	,	PUNCT
ftr-485	763	91	as	as	SCONJ
ftr-485	763	92	the	the	DET
ftr-485	763	93	oecd	oecd	PROPN
ftr-485	763	94	report	report	NOUN
ftr-485	763	95	confirmed	confirm	VERB
ftr-485	763	96	.	.	PUNCT
ftr-485	764	1	'24	'24	NUM
ftr-485	764	2	there	there	PRON
ftr-485	764	3	can	can	AUX
ftr-485	764	4	then	then	ADV
ftr-485	764	5	be	be	AUX
ftr-485	764	6	a	a	DET
ftr-485	764	7	conflict	conflict	NOUN
ftr-485	764	8	between	between	ADP
ftr-485	764	9	the	the	DET
ftr-485	764	10	residence	residence	NOUN
ftr-485	764	11	state	state	NOUN
ftr-485	764	12	of	of	ADP
ftr-485	764	13	m	m	PRON
ftr-485	764	14	applying	apply	VERB
ftr-485	764	15	article	article	NOUN
ftr-485	764	16	7	7	NUM
ftr-485	764	17	and	and	CCONJ
ftr-485	764	18	a	a	DET
ftr-485	764	19	source	source	NOUN
ftr-485	764	20	state	state	NOUN
ftr-485	764	21	that	that	PRON
ftr-485	764	22	follows	follow	VERB
ftr-485	764	23	the	the	DET
ftr-485	764	24	u.s	u.s	PROPN
ftr-485	764	25	.	.	PROPN
ftr-485	764	26	approach	approach	NOUN
ftr-485	764	27	applying	apply	VERB
ftr-485	764	28	article	article	NOUN
ftr-485	764	29	11	11	NUM
ftr-485	764	30	.	.	PUNCT
ftr-485	765	1	3	3	X
ftr-485	765	2	.	.	X
ftr-485	765	3	article	article	NOUN
ftr-485	765	4	21	21	NUM
ftr-485	765	5	:	:	PUNCT
ftr-485	765	6	"	"	PUNCT
ftr-485	765	7	other	other	ADJ
ftr-485	765	8	income	income	NOUN
ftr-485	765	9	.	.	PUNCT
ftr-485	766	1	"	"	PUNCT
ftr-485	766	2	-a	-a	X
ftr-485	766	3	similar	similar	ADJ
ftr-485	766	4	,	,	PUNCT
ftr-485	766	5	if	if	SCONJ
ftr-485	766	6	not	not	PART
ftr-485	766	7	more	more	ADV
ftr-485	766	8	important	important	ADJ
ftr-485	766	9	,	,	PUNCT
ftr-485	766	10	conflict	conflict	NOUN
ftr-485	766	11	arises	arise	VERB
ftr-485	766	12	if	if	SCONJ
ftr-485	766	13	m	m	PROPN
ftr-485	766	14	's	's	PART
ftr-485	766	15	state	state	NOUN
ftr-485	766	16	of	of	ADP
ftr-485	766	17	residence	residence	NOUN
ftr-485	766	18	considers	consider	VERB
ftr-485	766	19	an	an	DET
ftr-485	766	20	income	income	NOUN
ftr-485	766	21	payment	payment	NOUN
ftr-485	766	22	under	under	ADP
ftr-485	766	23	a	a	DET
ftr-485	766	24	swap	swap	NOUN
ftr-485	766	25	to	to	PART
ftr-485	766	26	be	be	AUX
ftr-485	766	27	neither	neither	CCONJ
ftr-485	766	28	a	a	DET
ftr-485	766	29	"	"	PUNCT
ftr-485	766	30	business	business	NOUN
ftr-485	766	31	profit	profit	NOUN
ftr-485	766	32	"	"	PUNCT
ftr-485	766	33	under	under	ADP
ftr-485	766	34	article	article	NOUN
ftr-485	766	35	7	7	NUM
ftr-485	766	36	nor	nor	CCONJ
ftr-485	766	37	interest	interest	NOUN
ftr-485	766	38	under	under	ADP
ftr-485	766	39	article	article	NOUN
ftr-485	766	40	11	11	NUM
ftr-485	766	41	.	.	PUNCT
ftr-485	767	1	a	a	DET
ftr-485	767	2	decision	decision	NOUN
ftr-485	767	3	that	that	PRON
ftr-485	767	4	article	article	NOUN
ftr-485	767	5	7	7	NUM
ftr-485	767	6	does	do	AUX
ftr-485	767	7	not	not	PART
ftr-485	767	8	apply	apply	VERB
ftr-485	767	9	would	would	AUX
ftr-485	767	10	most	most	ADV
ftr-485	767	11	likely	likely	ADV
ftr-485	767	12	be	be	AUX
ftr-485	767	13	due	due	ADJ
ftr-485	767	14	to	to	ADP
ftr-485	767	15	the	the	DET
ftr-485	767	16	nature	nature	NOUN
ftr-485	767	17	of	of	ADP
ftr-485	767	18	the	the	DET
ftr-485	767	19	swap	swap	NOUN
ftr-485	767	20	counterparty	counterparty	NOUN
ftr-485	767	21	,	,	PUNCT
ftr-485	767	22	such	such	ADJ
ftr-485	767	23	as	as	ADP
ftr-485	767	24	a	a	DET
ftr-485	767	25	corporate	corporate	ADJ
ftr-485	767	26	manufacturer	manufacturer	NOUN
ftr-485	767	27	end	end	VERB
ftr-485	767	28	user	user	NOUN
ftr-485	767	29	or	or	CCONJ
ftr-485	767	30	even	even	ADV
ftr-485	767	31	a	a	DET
ftr-485	767	32	bank	bank	NOUN
ftr-485	767	33	in	in	ADP
ftr-485	767	34	some	some	DET
ftr-485	767	35	situations	situation	NOUN
ftr-485	767	36	.	.	PUNCT
ftr-485	768	1	if	if	SCONJ
ftr-485	768	2	the	the	DET
ftr-485	768	3	residence	residence	NOUN
ftr-485	768	4	state	state	NOUN
ftr-485	768	5	does	do	AUX
ftr-485	768	6	not	not	PART
ftr-485	768	7	treat	treat	VERB
ftr-485	768	8	large	large	ADJ
ftr-485	768	9	nonperiodic	nonperiodic	ADJ
ftr-485	768	10	payments	payment	NOUN
ftr-485	768	11	as	as	ADP
ftr-485	768	12	loans	loan	NOUN
ftr-485	768	13	bearing	bear	VERB
ftr-485	768	14	interest	interest	NOUN
ftr-485	768	15	,	,	PUNCT
ftr-485	768	16	neither	neither	CCONJ
ftr-485	768	17	article	article	NOUN
ftr-485	768	18	7	7	NUM
ftr-485	768	19	nor	nor	CCONJ
ftr-485	768	20	article	article	NOUN
ftr-485	768	21	11	11	NUM
ftr-485	768	22	is	be	AUX
ftr-485	768	23	applied	apply	VERB
ftr-485	768	24	by	by	ADP
ftr-485	768	25	that	that	DET
ftr-485	768	26	state	state	NOUN
ftr-485	768	27	.	.	PUNCT
ftr-485	769	1	unless	unless	SCONJ
ftr-485	769	2	the	the	DET
ftr-485	769	3	swap	swap	NOUN
ftr-485	769	4	payment	payment	NOUN
ftr-485	769	5	is	be	AUX
ftr-485	769	6	treated	treat	VERB
ftr-485	769	7	under	under	ADP
ftr-485	769	8	121	121	NUM
ftr-485	769	9	.	.	PUNCT
ftr-485	770	1	vogel	vogel	PROPN
ftr-485	770	2	dtc	dtc	PROPN
ftr-485	770	3	,	,	PUNCT
ftr-485	770	4	supra	supra	PROPN
ftr-485	770	5	note	note	NOUN
ftr-485	770	6	91	91	NUM
ftr-485	770	7	,	,	PUNCT
ftr-485	770	8	at	at	ADP
ftr-485	770	9	377	377	NUM
ftr-485	770	10	.	.	PUNCT
ftr-485	770	11	122	122	NUM
ftr-485	770	12	.	.	PUNCT
ftr-485	770	13	1994	1994	NUM
ftr-485	771	1	oecd	oecd	PROPN
ftr-485	771	2	model	model	PROPN
ftr-485	771	3	,	,	PUNCT
ftr-485	771	4	supra	supra	PROPN
ftr-485	771	5	note	note	NOUN
ftr-485	771	6	3	3	NUM
ftr-485	771	7	,	,	PUNCT
ftr-485	771	8	art	art	NOUN
ftr-485	771	9	.	.	PUNCT
ftr-485	772	1	7	7	NUM
ftr-485	772	2	,	,	PUNCT
ftr-485	772	3	para	para	NOUN
ftr-485	772	4	.	.	PUNCT
ftr-485	773	1	7	7	NUM
ftr-485	773	2	.	.	NUM
ftr-485	773	3	123	123	NUM
ftr-485	773	4	.	.	PUNCT
ftr-485	774	1	for	for	ADP
ftr-485	774	2	the	the	DET
ftr-485	774	3	treatment	treatment	NOUN
ftr-485	774	4	of	of	ADP
ftr-485	774	5	nonperiodic	nonperiodic	ADJ
ftr-485	774	6	payments	payment	NOUN
ftr-485	774	7	as	as	ADP
ftr-485	774	8	interest	interest	NOUN
ftr-485	774	9	under	under	ADP
ftr-485	774	10	domestic	domestic	ADJ
ftr-485	774	11	law	law	NOUN
ftr-485	774	12	,	,	PUNCT
ftr-485	774	13	see	see	VERB
ftr-485	774	14	supra	supra	PROPN
ftr-485	774	15	part	part	PROPN
ftr-485	774	16	vii.b.3	vii.b.3	NOUN
ftr-485	774	17	.	.	PUNCT
ftr-485	775	1	in	in	ADP
ftr-485	775	2	the	the	DET
ftr-485	775	3	united	united	PROPN
ftr-485	775	4	states	states	PROPN
ftr-485	775	5	,	,	PUNCT
ftr-485	775	6	the	the	DET
ftr-485	775	7	initial	initial	ADJ
ftr-485	775	8	indication	indication	NOUN
ftr-485	775	9	of	of	ADP
ftr-485	775	10	how	how	SCONJ
ftr-485	775	11	standard	standard	ADJ
ftr-485	775	12	interest	interest	NOUN
ftr-485	775	13	rate	rate	NOUN
ftr-485	775	14	swaps	swap	NOUN
ftr-485	775	15	were	be	AUX
ftr-485	775	16	to	to	PART
ftr-485	775	17	be	be	AUX
ftr-485	775	18	treated	treat	VERB
ftr-485	775	19	was	be	AUX
ftr-485	775	20	rev	rev	VERB
ftr-485	775	21	.	.	PUNCT
ftr-485	776	1	rul	rul	PROPN
ftr-485	776	2	.	.	PUNCT
ftr-485	777	1	87	87	NUM
ftr-485	777	2	-	-	SYM
ftr-485	777	3	5	5	NUM
ftr-485	777	4	,	,	PUNCT
ftr-485	777	5	1987	1987	NUM
ftr-485	777	6	-	-	SYM
ftr-485	777	7	1	1	NUM
ftr-485	777	8	c.b	c.b	PROPN
ftr-485	777	9	.	.	PROPN
ftr-485	777	10	180	180	NUM
ftr-485	777	11	,	,	PUNCT
ftr-485	777	12	which	which	PRON
ftr-485	777	13	found	find	VERB
ftr-485	777	14	that	that	SCONJ
ftr-485	777	15	swap	swap	NOUN
ftr-485	777	16	income	income	NOUN
ftr-485	777	17	was	be	AUX
ftr-485	777	18	an	an	DET
ftr-485	777	19	"	"	PUNCT
ftr-485	777	20	industrial	industrial	ADJ
ftr-485	777	21	and	and	CCONJ
ftr-485	777	22	commercial	commercial	ADJ
ftr-485	777	23	profit	profit	NOUN
ftr-485	777	24	"	"	PUNCT
ftr-485	777	25	as	as	SCONJ
ftr-485	777	26	the	the	DET
ftr-485	777	27	term	term	NOUN
ftr-485	777	28	was	be	AUX
ftr-485	777	29	used	use	VERB
ftr-485	777	30	in	in	ADP
ftr-485	777	31	the	the	DET
ftr-485	777	32	particular	particular	ADJ
ftr-485	777	33	treaty	treaty	NOUN
ftr-485	777	34	under	under	ADP
ftr-485	777	35	review	review	NOUN
ftr-485	777	36	.	.	PUNCT
ftr-485	778	1	though	though	SCONJ
ftr-485	778	2	the	the	DET
ftr-485	778	3	1981	1981	NUM
ftr-485	778	4	u.s	u.s	PROPN
ftr-485	778	5	.	.	PROPN
ftr-485	778	6	model	model	NOUN
ftr-485	778	7	now	now	ADV
ftr-485	778	8	refers	refer	VERB
ftr-485	778	9	to	to	ADP
ftr-485	778	10	such	such	ADJ
ftr-485	778	11	profits	profit	NOUN
ftr-485	778	12	as	as	ADP
ftr-485	778	13	"	"	PUNCT
ftr-485	778	14	business	business	NOUN
ftr-485	778	15	profits	profit	NOUN
ftr-485	778	16	"	"	PUNCT
ftr-485	778	17	under	under	ADP
ftr-485	778	18	article	article	NOUN
ftr-485	778	19	7	7	NUM
ftr-485	778	20	,	,	PUNCT
ftr-485	778	21	the	the	DET
ftr-485	778	22	distinction	distinction	NOUN
ftr-485	778	23	is	be	AUX
ftr-485	778	24	not	not	PART
ftr-485	778	25	significant	significant	ADJ
ftr-485	778	26	because	because	SCONJ
ftr-485	778	27	the	the	DET
ftr-485	778	28	term	term	NOUN
ftr-485	778	29	still	still	ADV
ftr-485	778	30	means	mean	VERB
ftr-485	778	31	income	income	NOUN
ftr-485	778	32	"	"	PUNCT
ftr-485	778	33	derived	derive	VERB
ftr-485	778	34	from	from	ADP
ftr-485	778	35	the	the	DET
ftr-485	778	36	active	active	ADJ
ftr-485	778	37	conduct	conduct	NOUN
ftr-485	778	38	of	of	ADP
ftr-485	778	39	a	a	DET
ftr-485	778	40	trade	trade	NOUN
ftr-485	778	41	or	or	CCONJ
ftr-485	778	42	business	business	NOUN
ftr-485	778	43	.	.	PUNCT
ftr-485	778	44	"	"	PUNCT
ftr-485	779	1	i	i	PRON
ftr-485	779	2	d.	d.	PROPN
ftr-485	779	3	,	,	PUNCT
ftr-485	779	4	1981	1981	NUM
ftr-485	779	5	u.s	u.s	PROPN
ftr-485	779	6	.	.	PROPN
ftr-485	779	7	model	model	PROPN
ftr-485	779	8	,	,	PUNCT
ftr-485	779	9	supra	supra	PROPN
ftr-485	779	10	note	note	NOUN
ftr-485	779	11	95	95	NUM
ftr-485	779	12	,	,	PUNCT
ftr-485	779	13	art	art	NOUN
ftr-485	779	14	.	.	PUNCT
ftr-485	780	1	7	7	NUM
ftr-485	780	2	,	,	PUNCT
ftr-485	780	3	para	para	NOUN
ftr-485	780	4	.	.	PUNCT
ftr-485	781	1	7	7	X
ftr-485	781	2	.	.	X
ftr-485	781	3	rev	rev	PROPN
ftr-485	781	4	.	.	PUNCT
ftr-485	782	1	rul	rul	PROPN
ftr-485	782	2	.	.	PUNCT
ftr-485	783	1	87	87	NUM
ftr-485	783	2	-	-	SYM
ftr-485	783	3	5	5	NUM
ftr-485	783	4	establishes	establish	VERB
ftr-485	783	5	that	that	SCONJ
ftr-485	783	6	normal	normal	ADJ
ftr-485	783	7	interest	interest	NOUN
ftr-485	783	8	rate	rate	NOUN
ftr-485	783	9	swap	swap	NOUN
ftr-485	783	10	income	income	NOUN
ftr-485	783	11	is	be	AUX
ftr-485	783	12	not	not	PART
ftr-485	783	13	interest	interest	NOUN
ftr-485	783	14	,	,	PUNCT
ftr-485	783	15	whatever	whatever	PRON
ftr-485	783	16	else	else	ADV
ftr-485	783	17	it	it	PRON
ftr-485	783	18	may	may	AUX
ftr-485	783	19	be	be	AUX
ftr-485	783	20	.	.	PUNCT
ftr-485	784	1	for	for	ADP
ftr-485	784	2	a	a	DET
ftr-485	784	3	detailed	detailed	ADJ
ftr-485	784	4	discussion	discussion	NOUN
ftr-485	784	5	of	of	ADP
ftr-485	784	6	why	why	SCONJ
ftr-485	784	7	this	this	DET
ftr-485	784	8	income	income	NOUN
ftr-485	784	9	is	be	AUX
ftr-485	784	10	not	not	PART
ftr-485	784	11	interest	interest	NOUN
ftr-485	784	12	in	in	ADP
ftr-485	784	13	the	the	DET
ftr-485	784	14	united	united	PROPN
ftr-485	784	15	states	states	PROPN
ftr-485	784	16	,	,	PUNCT
ftr-485	784	17	see	see	VERB
ftr-485	784	18	kramer	kramer	PROPN
ftr-485	784	19	,	,	PUNCT
ftr-485	784	20	supra	supra	PROPN
ftr-485	784	21	note	note	PROPN
ftr-485	784	22	7	7	NUM
ftr-485	784	23	,	,	PUNCT
ftr-485	784	24	at	at	ADP
ftr-485	784	25	1434	1434	NUM
ftr-485	784	26	-	-	SYM
ftr-485	784	27	35	35	NUM
ftr-485	784	28	.	.	PUNCT
ftr-485	785	1	124	124	NUM
ftr-485	785	2	.	.	PUNCT
ftr-485	785	3	1994	1994	NUM
ftr-485	786	1	oecd	oecd	PROPN
ftr-485	786	2	report	report	PROPN
ftr-485	786	3	,	,	PUNCT
ftr-485	786	4	supra	supra	PROPN
ftr-485	786	5	note	note	PROPN
ftr-485	786	6	94	94	NUM
ftr-485	786	7	,	,	PUNCT
ftr-485	786	8	part	part	NOUN
ftr-485	787	1	i	i	NOUN
ftr-485	787	2	,	,	PUNCT
ftr-485	787	3	para	para	PROPN
ftr-485	787	4	.	.	PUNCT
ftr-485	788	1	140	140	NUM
ftr-485	788	2	.	.	PUNCT
ftr-485	789	1	[	[	X
ftr-485	789	2	vol	vol	NOUN
ftr-485	789	3	2:11	2:11	NUM
ftr-485	789	4	the	the	DET
ftr-485	789	5	recharacterization	recharacterization	NOUN
ftr-485	789	6	of	of	ADP
ftr-485	789	7	cross	cross	ADJ
ftr-485	789	8	-	-	ADJ
ftr-485	789	9	border	border	ADJ
ftr-485	789	10	interest	interest	NOUN
ftr-485	789	11	rate	rate	NOUN
ftr-485	789	12	swaps	swap	NOUN
ftr-485	789	13	domestic	domestic	ADJ
ftr-485	789	14	law	law	NOUN
ftr-485	789	15	as	as	ADP
ftr-485	789	16	a	a	DET
ftr-485	789	17	capital	capital	NOUN
ftr-485	789	18	gain	gain	NOUN
ftr-485	789	19	(	(	PUNCT
ftr-485	789	20	article	article	NOUN
ftr-485	789	21	13),'25	13),'25	NUM
ftr-485	789	22	article	article	NOUN
ftr-485	789	23	21	21	NUM
ftr-485	789	24	(	(	PUNCT
ftr-485	789	25	other	other	ADJ
ftr-485	789	26	income	income	NOUN
ftr-485	789	27	)	)	PUNCT
ftr-485	789	28	becomes	become	VERB
ftr-485	789	29	applicable	applicable	ADJ
ftr-485	789	30	in	in	ADP
ftr-485	789	31	that	that	DET
ftr-485	789	32	state	state	NOUN
ftr-485	789	33	by	by	ADP
ftr-485	789	34	default	default	NOUN
ftr-485	789	35	.	.	PUNCT
ftr-485	790	1	-'2	-'2	NOUN
ftr-485	790	2	6	6	NUM
ftr-485	790	3	article	article	NOUN
ftr-485	790	4	21	21	NUM
ftr-485	790	5	,	,	PUNCT
ftr-485	790	6	which	which	PRON
ftr-485	790	7	assigns	assign	VERB
ftr-485	790	8	exclusive	exclusive	ADJ
ftr-485	790	9	tax	tax	NOUN
ftr-485	790	10	jurisdiction	jurisdiction	NOUN
ftr-485	790	11	to	to	ADP
ftr-485	790	12	the	the	DET
ftr-485	790	13	residence	residence	NOUN
ftr-485	790	14	state	state	NOUN
ftr-485	790	15	,	,	PUNCT
ftr-485	790	16	may	may	AUX
ftr-485	790	17	often	often	ADV
ftr-485	790	18	be	be	AUX
ftr-485	790	19	relied	rely	VERB
ftr-485	790	20	on	on	ADP
ftr-485	790	21	in	in	ADP
ftr-485	790	22	this	this	DET
ftr-485	790	23	situation	situation	NOUN
ftr-485	790	24	in	in	ADP
ftr-485	790	25	light	light	NOUN
ftr-485	790	26	of	of	ADP
ftr-485	790	27	the	the	DET
ftr-485	790	28	oecd	oecd	PROPN
ftr-485	790	29	report	report	NOUN
ftr-485	790	30	's	's	PART
ftr-485	790	31	conclusion	conclusion	NOUN
ftr-485	790	32	that	that	SCONJ
ftr-485	790	33	"	"	PUNCT
ftr-485	790	34	it	it	PRON
ftr-485	790	35	is	be	AUX
ftr-485	790	36	not	not	PART
ftr-485	790	37	as	as	ADV
ftr-485	790	38	yet	yet	ADV
ftr-485	790	39	generally	generally	ADV
ftr-485	790	40	accepted	accept	VERB
ftr-485	790	41	that	that	SCONJ
ftr-485	790	42	all	all	DET
ftr-485	790	43	[	[	PUNCT
ftr-485	790	44	swap	swap	ADV
ftr-485	790	45	-	-	PUNCT
ftr-485	790	46	related	relate	VERB
ftr-485	790	47	]	]	PUNCT
ftr-485	790	48	payments	payment	NOUN
ftr-485	790	49	are	be	AUX
ftr-485	790	50	covered	cover	VERB
ftr-485	790	51	by	by	ADP
ftr-485	790	52	[	[	X
ftr-485	790	53	article	article	NOUN
ftr-485	790	54	7	7	NUM
ftr-485	790	55	]	]	PUNCT
ftr-485	790	56	,	,	PUNCT
ftr-485	790	57	the	the	DET
ftr-485	790	58	business	business	NOUN
ftr-485	790	59	profits	profit	NOUN
ftr-485	790	60	article	article	NOUN
ftr-485	790	61	.	.	PUNCT
ftr-485	790	62	"	"	PUNCT
ftr-485	791	1	2	2	NUM
ftr-485	791	2	7	7	NUM
ftr-485	791	3	the	the	DET
ftr-485	791	4	distinction	distinction	NOUN
ftr-485	791	5	between	between	ADP
ftr-485	791	6	treaty	treaty	NOUN
ftr-485	791	7	articles	article	NOUN
ftr-485	791	8	is	be	AUX
ftr-485	791	9	important	important	ADJ
ftr-485	791	10	even	even	ADV
ftr-485	791	11	though	though	ADV
ftr-485	791	12	,	,	PUNCT
ftr-485	791	13	in	in	ADP
ftr-485	791	14	the	the	DET
ftr-485	791	15	absence	absence	NOUN
ftr-485	791	16	of	of	ADP
ftr-485	791	17	a	a	DET
ftr-485	791	18	permanent	permanent	ADJ
ftr-485	791	19	establishment	establishment	NOUN
ftr-485	791	20	in	in	ADP
ftr-485	791	21	the	the	DET
ftr-485	791	22	source	source	NOUN
ftr-485	791	23	state	state	NOUN
ftr-485	791	24	,	,	PUNCT
ftr-485	791	25	articles	article	NOUN
ftr-485	791	26	7	7	NUM
ftr-485	791	27	and	and	CCONJ
ftr-485	791	28	21	21	NUM
ftr-485	791	29	both	both	PRON
ftr-485	791	30	grant	grant	VERB
ftr-485	791	31	the	the	DET
ftr-485	791	32	exclusive	exclusive	ADJ
ftr-485	791	33	right	right	NOUN
ftr-485	791	34	to	to	PART
ftr-485	791	35	tax	tax	VERB
ftr-485	791	36	an	an	DET
ftr-485	791	37	item	item	NOUN
ftr-485	791	38	of	of	ADP
ftr-485	791	39	income	income	NOUN
ftr-485	791	40	to	to	ADP
ftr-485	791	41	the	the	DET
ftr-485	791	42	residence	residence	NOUN
ftr-485	791	43	state	state	NOUN
ftr-485	791	44	.	.	PUNCT
ftr-485	792	1	"z	"z	VERB
ftr-485	792	2	this	this	PRON
ftr-485	792	3	is	be	AUX
ftr-485	792	4	because	because	SCONJ
ftr-485	792	5	a	a	DET
ftr-485	792	6	large	large	ADJ
ftr-485	792	7	number	number	NOUN
ftr-485	792	8	of	of	ADP
ftr-485	792	9	tax	tax	NOUN
ftr-485	792	10	treaties	treaty	NOUN
ftr-485	792	11	lack	lack	VERB
ftr-485	792	12	an	an	DET
ftr-485	792	13	other	other	ADJ
ftr-485	792	14	income	income	NOUN
ftr-485	792	15	article	article	NOUN
ftr-485	792	16	.	.	PUNCT
ftr-485	793	1	2	2	NUM
ftr-485	793	2	9	9	NUM
ftr-485	793	3	in	in	ADP
ftr-485	793	4	such	such	DET
ftr-485	793	5	a	a	DET
ftr-485	793	6	case	case	NOUN
ftr-485	793	7	,	,	PUNCT
ftr-485	793	8	the	the	DET
ftr-485	793	9	swap	swap	NOUN
ftr-485	793	10	-	-	PUNCT
ftr-485	793	11	related	relate	VERB
ftr-485	793	12	payment	payment	NOUN
ftr-485	793	13	may	may	AUX
ftr-485	793	14	not	not	PART
ftr-485	793	15	be	be	AUX
ftr-485	793	16	covered	cover	VERB
ftr-485	793	17	under	under	ADP
ftr-485	793	18	the	the	DET
ftr-485	793	19	treaty	treaty	NOUN
ftr-485	793	20	at	at	ADV
ftr-485	793	21	all	all	ADV
ftr-485	793	22	.	.	PUNCT
ftr-485	794	1	if	if	SCONJ
ftr-485	794	2	the	the	DET
ftr-485	794	3	residence	residence	NOUN
ftr-485	794	4	state	state	NOUN
ftr-485	794	5	of	of	ADP
ftr-485	794	6	the	the	DET
ftr-485	794	7	income	income	NOUN
ftr-485	794	8	recipient	recipient	NOUN
ftr-485	794	9	,	,	PUNCT
ftr-485	794	10	m	m	PROPN
ftr-485	794	11	,	,	PUNCT
ftr-485	794	12	finds	find	VERB
ftr-485	794	13	that	that	SCONJ
ftr-485	794	14	the	the	DET
ftr-485	794	15	income	income	NOUN
ftr-485	794	16	is	be	AUX
ftr-485	794	17	not	not	PART
ftr-485	794	18	covered	cover	VERB
ftr-485	794	19	by	by	ADP
ftr-485	794	20	the	the	DET
ftr-485	794	21	treaty	treaty	NOUN
ftr-485	794	22	,	,	PUNCT
ftr-485	794	23	the	the	DET
ftr-485	794	24	obligation	obligation	NOUN
ftr-485	794	25	of	of	ADP
ftr-485	794	26	the	the	DET
ftr-485	794	27	source	source	NOUN
ftr-485	794	28	state	state	NOUN
ftr-485	794	29	to	to	PART
ftr-485	794	30	follow	follow	VERB
ftr-485	794	31	the	the	DET
ftr-485	794	32	treaty	treaty	NOUN
ftr-485	794	33	becomes	become	VERB
ftr-485	794	34	less	less	ADV
ftr-485	794	35	certain	certain	ADJ
ftr-485	794	36	.	.	PUNCT
ftr-485	795	1	if	if	SCONJ
ftr-485	795	2	neither	neither	DET
ftr-485	795	3	state	state	NOUN
ftr-485	795	4	follows	follow	VERB
ftr-485	795	5	the	the	DET
ftr-485	795	6	treaty	treaty	NOUN
ftr-485	795	7	,	,	PUNCT
ftr-485	795	8	the	the	DET
ftr-485	795	9	income	income	NOUN
ftr-485	795	10	could	could	AUX
ftr-485	795	11	be	be	AUX
ftr-485	795	12	subjected	subject	VERB
ftr-485	795	13	to	to	ADP
ftr-485	795	14	full	full	ADJ
ftr-485	795	15	taxation	taxation	NOUN
ftr-485	795	16	in	in	ADP
ftr-485	795	17	both	both	DET
ftr-485	795	18	states	state	NOUN
ftr-485	795	19	,	,	PUNCT
ftr-485	795	20	ameliorated	ameliorate	VERB
ftr-485	795	21	only	only	ADV
ftr-485	795	22	by	by	ADP
ftr-485	795	23	unilateral	unilateral	ADJ
ftr-485	795	24	relief	relief	NOUN
ftr-485	795	25	in	in	ADP
ftr-485	795	26	the	the	DET
ftr-485	795	27	residence	residence	NOUN
ftr-485	795	28	state	state	NOUN
ftr-485	795	29	.	.	PUNCT
ftr-485	796	1	e.	e.	PROPN
ftr-485	797	1	the	the	DET
ftr-485	797	2	manifestation	manifestation	NOUN
ftr-485	797	3	of	of	ADP
ftr-485	797	4	double	double	ADJ
ftr-485	797	5	taxation	taxation	NOUN
ftr-485	797	6	double	double	ADJ
ftr-485	797	7	taxation	taxation	NOUN
ftr-485	797	8	arises	arise	VERB
ftr-485	797	9	when	when	SCONJ
ftr-485	797	10	treaty	treaty	NOUN
ftr-485	797	11	partners	partner	NOUN
ftr-485	797	12	apply	apply	VERB
ftr-485	797	13	conflicting	conflicting	ADJ
ftr-485	797	14	treaty	treaty	NOUN
ftr-485	797	15	articles	article	NOUN
ftr-485	797	16	in	in	ADP
ftr-485	797	17	determining	determine	VERB
ftr-485	797	18	who	who	PRON
ftr-485	797	19	may	may	AUX
ftr-485	797	20	tax	tax	VERB
ftr-485	797	21	payments	payment	NOUN
ftr-485	797	22	under	under	ADP
ftr-485	797	23	a	a	DET
ftr-485	797	24	cross	cross	ADJ
ftr-485	797	25	-	-	ADJ
ftr-485	797	26	border	border	ADJ
ftr-485	797	27	,	,	PUNCT
ftr-485	797	28	offmarket	offmarket	ADJ
ftr-485	797	29	interest	interest	NOUN
ftr-485	797	30	rate	rate	NOUN
ftr-485	797	31	swap	swap	NOUN
ftr-485	797	32	with	with	ADP
ftr-485	797	33	a	a	DET
ftr-485	797	34	large	large	ADJ
ftr-485	797	35	nonperiodic	nonperiodic	ADJ
ftr-485	797	36	payment	payment	NOUN
ftr-485	797	37	.	.	PUNCT
ftr-485	798	1	where	where	SCONJ
ftr-485	798	2	interest	interest	NOUN
ftr-485	798	3	payor	payor	NOUN
ftr-485	798	4	n	n	PRON
ftr-485	798	5	is	be	AUX
ftr-485	798	6	a	a	DET
ftr-485	798	7	resident	resident	NOUN
ftr-485	798	8	in	in	ADP
ftr-485	798	9	the	the	DET
ftr-485	798	10	united	united	PROPN
ftr-485	798	11	states	states	PROPN
ftr-485	798	12	,	,	PUNCT
ftr-485	798	13	thus	thus	ADV
ftr-485	798	14	making	make	VERB
ftr-485	798	15	the	the	DET
ftr-485	798	16	united	united	PROPN
ftr-485	798	17	states	states	PROPN
ftr-485	798	18	the	the	DET
ftr-485	798	19	source	source	NOUN
ftr-485	798	20	state	state	NOUN
ftr-485	798	21	of	of	ADP
ftr-485	798	22	the	the	DET
ftr-485	798	23	interest	interest	NOUN
ftr-485	798	24	,	,	PUNCT
ftr-485	798	25	the	the	DET
ftr-485	798	26	united	united	PROPN
ftr-485	798	27	states	states	PROPN
ftr-485	798	28	asserts	assert	VERB
ftr-485	798	29	its	its	PRON
ftr-485	798	30	right	right	NOUN
ftr-485	798	31	under	under	ADP
ftr-485	798	32	article	article	NOUN
ftr-485	798	33	i	i	PRON
ftr-485	798	34	1	1	NUM
ftr-485	798	35	to	to	PART
ftr-485	798	36	tax	tax	VERB
ftr-485	798	37	the	the	DET
ftr-485	798	38	deemed	deemed	ADJ
ftr-485	798	39	interest	interest	NOUN
ftr-485	798	40	payment	payment	NOUN
ftr-485	798	41	arising	arise	VERB
ftr-485	798	42	from	from	ADP
ftr-485	798	43	the	the	DET
ftr-485	798	44	nonperiodic	nonperiodic	ADJ
ftr-485	798	45	payment	payment	NOUN
ftr-485	798	46	.	.	PUNCT
ftr-485	799	1	as	as	SCONJ
ftr-485	799	2	discussed	discuss	VERB
ftr-485	799	3	earlier	early	ADV
ftr-485	799	4	,	,	PUNCT
ftr-485	799	5	the	the	DET
ftr-485	799	6	u.s	u.s	PROPN
ftr-485	799	7	.	.	PROPN
ftr-485	799	8	withholding	withhold	VERB
ftr-485	799	9	agent	agent	NOUN
ftr-485	799	10	must	must	AUX
ftr-485	799	11	withhold	withhold	VERB
ftr-485	799	12	tax	tax	NOUN
ftr-485	799	13	from	from	ADP
ftr-485	799	14	the	the	DET
ftr-485	799	15	"	"	PUNCT
ftr-485	799	16	interest	interest	NOUN
ftr-485	799	17	"	"	PUNCT
ftr-485	799	18	component	component	NOUN
ftr-485	799	19	of	of	ADP
ftr-485	799	20	its	its	PRON
ftr-485	799	21	payment	payment	NOUN
ftr-485	799	22	to	to	ADP
ftr-485	799	23	m	m	PROPN
ftr-485	799	24	at	at	ADP
ftr-485	799	25	the	the	DET
ftr-485	799	26	rate	rate	NOUN
ftr-485	799	27	specified	specify	VERB
ftr-485	799	28	by	by	ADP
ftr-485	799	29	the	the	DET
ftr-485	799	30	treaty	treaty	NOUN
ftr-485	799	31	.	.	PUNCT
ftr-485	800	1	130	130	NUM
ftr-485	801	1	if	if	SCONJ
ftr-485	801	2	the	the	DET
ftr-485	801	3	other	other	ADJ
ftr-485	801	4	contracting	contracting	NOUN
ftr-485	801	5	state	state	NOUN
ftr-485	801	6	,	,	PUNCT
ftr-485	801	7	the	the	DET
ftr-485	801	8	residence	residence	NOUN
ftr-485	801	9	state	state	NOUN
ftr-485	801	10	of	of	ADP
ftr-485	801	11	a	a	PRON
ftr-485	801	12	,	,	PUNCT
ftr-485	801	13	does	do	AUX
ftr-485	801	14	not	not	PART
ftr-485	801	15	recharacterize	recharacterize	VERB
ftr-485	801	16	the	the	DET
ftr-485	801	17	nonperiodic	nonperiodic	ADJ
ftr-485	801	18	payment	payment	NOUN
ftr-485	801	19	and	and	CCONJ
ftr-485	801	20	thus	thus	ADV
ftr-485	801	21	views	view	VERB
ftr-485	801	22	the	the	DET
ftr-485	801	23	swap	swap	NOUN
ftr-485	801	24	payment	payment	NOUN
ftr-485	801	25	as	as	ADP
ftr-485	801	26	business	business	NOUN
ftr-485	801	27	or	or	CCONJ
ftr-485	801	28	other	other	ADJ
ftr-485	801	29	income	income	NOUN
ftr-485	801	30	,	,	PUNCT
ftr-485	801	31	it	it	PRON
ftr-485	801	32	apples	apple	VERB
ftr-485	801	33	article	article	NOUN
ftr-485	801	34	7	7	NUM
ftr-485	801	35	or	or	CCONJ
ftr-485	801	36	21	21	NUM
ftr-485	801	37	,	,	PUNCT
ftr-485	801	38	which	which	PRON
ftr-485	801	39	provide	provide	VERB
ftr-485	801	40	that	that	SCONJ
ftr-485	801	41	there	there	ADV
ftr-485	801	42	125	125	NUM
ftr-485	801	43	.	.	PUNCT
ftr-485	802	1	see	see	VERB
ftr-485	802	2	isenbergh	isenbergh	NOUN
ftr-485	802	3	,	,	PUNCT
ftr-485	802	4	supra	supra	PROPN
ftr-485	802	5	note	note	PROPN
ftr-485	802	6	67	67	NUM
ftr-485	802	7	,	,	PUNCT
ftr-485	802	8	ul	ul	NOUN
ftr-485	802	9	41.4	41.4	NUM
ftr-485	802	10	-	-	SYM
ftr-485	802	11	41.5	41.5	NUM
ftr-485	802	12	,	,	PUNCT
ftr-485	802	13	at	at	ADP
ftr-485	802	14	421	421	NUM
ftr-485	802	15	-	-	SYM
ftr-485	802	16	24	24	NUM
ftr-485	802	17	and	and	CCONJ
ftr-485	802	18	vogel	vogel	NOUN
ftr-485	802	19	dtc	dtc	PROPN
ftr-485	802	20	,	,	PUNCT
ftr-485	802	21	supra	supra	PROPN
ftr-485	802	22	note	note	NOUN
ftr-485	802	23	91	91	NUM
ftr-485	802	24	,	,	PUNCT
ftr-485	802	25	art	art	NOUN
ftr-485	802	26	.	.	PUNCT
ftr-485	803	1	13	13	NUM
ftr-485	803	2	,	,	PUNCT
ftr-485	803	3	at	at	ADP
ftr-485	803	4	729	729	NUM
ftr-485	803	5	for	for	ADP
ftr-485	803	6	discussion	discussion	NOUN
ftr-485	803	7	of	of	ADP
ftr-485	803	8	the	the	DET
ftr-485	803	9	treatment	treatment	NOUN
ftr-485	803	10	of	of	ADP
ftr-485	803	11	capital	capital	NOUN
ftr-485	803	12	gains	gain	NOUN
ftr-485	803	13	.	.	PUNCT
ftr-485	804	1	126	126	X
ftr-485	804	2	.	.	PUNCT
ftr-485	805	1	article	article	NOUN
ftr-485	805	2	21	21	NUM
ftr-485	805	3	applies	apply	VERB
ftr-485	805	4	to	to	ADP
ftr-485	805	5	an	an	DET
ftr-485	805	6	item	item	NOUN
ftr-485	805	7	of	of	ADP
ftr-485	805	8	income	income	NOUN
ftr-485	805	9	"	"	PUNCT
ftr-485	805	10	not	not	PART
ftr-485	805	11	dealt	deal	VERB
ftr-485	805	12	with	with	ADP
ftr-485	805	13	in	in	ADP
ftr-485	805	14	the	the	DET
ftr-485	805	15	foregoing	forego	VERB
ftr-485	805	16	articles	article	NOUN
ftr-485	805	17	"	"	PUNCT
ftr-485	805	18	of	of	ADP
ftr-485	805	19	the	the	DET
ftr-485	805	20	treaty	treaty	NOUN
ftr-485	805	21	.	.	PUNCT
ftr-485	806	1	1994	1994	NUM
ftr-485	807	1	oecd	oecd	PROPN
ftr-485	807	2	model	model	PROPN
ftr-485	807	3	,	,	PUNCT
ftr-485	807	4	supra	supra	PROPN
ftr-485	807	5	note	note	NOUN
ftr-485	807	6	3	3	NUM
ftr-485	807	7	,	,	PUNCT
ftr-485	807	8	art	art	NOUN
ftr-485	807	9	.	.	PUNCT
ftr-485	808	1	21	21	NUM
ftr-485	808	2	,	,	PUNCT
ftr-485	808	3	para	para	NOUN
ftr-485	808	4	.	.	PUNCT
ftr-485	809	1	1	1	NUM
ftr-485	809	2	:	:	SYM
ftr-485	809	3	1981	1981	NUM
ftr-485	809	4	u.s	u.s	PROPN
ftr-485	809	5	.	.	PROPN
ftr-485	809	6	model	model	PROPN
ftr-485	809	7	,	,	PUNCT
ftr-485	809	8	supra	supra	PROPN
ftr-485	809	9	note	note	NOUN
ftr-485	809	10	95	95	NUM
ftr-485	809	11	,	,	PUNCT
ftr-485	809	12	art	art	NOUN
ftr-485	809	13	.	.	PUNCT
ftr-485	810	1	21	21	NUM
ftr-485	810	2	,	,	PUNCT
ftr-485	810	3	para	para	NOUN
ftr-485	810	4	.	.	PUNCT
ftr-485	811	1	1	1	X
ftr-485	811	2	.	.	X
ftr-485	811	3	see	see	VERB
ftr-485	811	4	vogel	vogel	PROPN
ftr-485	811	5	dtc	dtc	PROPN
ftr-485	811	6	,	,	PUNCT
ftr-485	811	7	supra	supra	PROPN
ftr-485	811	8	note	note	NOUN
ftr-485	811	9	91	91	NUM
ftr-485	811	10	,	,	PUNCT
ftr-485	811	11	art	art	NOUN
ftr-485	811	12	.	.	PUNCT
ftr-485	812	1	21	21	NUM
ftr-485	812	2	.	.	PUNCT
ftr-485	813	1	at	at	ADP
ftr-485	813	2	911	911	NUM
ftr-485	813	3	(	(	PUNCT
ftr-485	813	4	discussing	discuss	VERB
ftr-485	813	5	article	article	NOUN
ftr-485	813	6	21	21	NUM
ftr-485	813	7	's	's	PART
ftr-485	813	8	applicability	applicability	NOUN
ftr-485	813	9	)	)	PUNCT
ftr-485	813	10	.	.	PUNCT
ftr-485	814	1	127	127	NUM
ftr-485	814	2	.	.	X
ftr-485	814	3	1994	1994	NUM
ftr-485	815	1	oecd	oecd	PROPN
ftr-485	815	2	report	report	PROPN
ftr-485	815	3	,	,	PUNCT
ftr-485	815	4	supra	supra	PROPN
ftr-485	815	5	note	note	PROPN
ftr-485	815	6	94	94	NUM
ftr-485	815	7	,	,	PUNCT
ftr-485	815	8	part	part	NOUN
ftr-485	816	1	i	i	NOUN
ftr-485	816	2	,	,	PUNCT
ftr-485	816	3	para	para	PROPN
ftr-485	816	4	.	.	PUNCT
ftr-485	817	1	157	157	NUM
ftr-485	817	2	.	.	NOUN
ftr-485	818	1	128	128	NUM
ftr-485	818	2	.	.	PUNCT
ftr-485	818	3	1994	1994	NUM
ftr-485	819	1	oecd	oecd	PROPN
ftr-485	819	2	model	model	PROPN
ftr-485	819	3	,	,	PUNCT
ftr-485	819	4	supra	supra	PROPN
ftr-485	819	5	note	note	NOUN
ftr-485	819	6	3	3	NUM
ftr-485	819	7	,	,	PUNCT
ftr-485	819	8	art	art	NOUN
ftr-485	819	9	.	.	PUNCT
ftr-485	820	1	7	7	NUM
ftr-485	820	2	,	,	PUNCT
ftr-485	820	3	para	para	NOUN
ftr-485	820	4	.	.	PUNCT
ftr-485	821	1	i	i	PRON
ftr-485	821	2	and	and	CCONJ
ftr-485	821	3	ar	ar	PROPN
ftr-485	821	4	.	.	PROPN
ftr-485	821	5	21	21	NUM
ftr-485	821	6	,	,	PUNCT
ftr-485	821	7	para	para	NOUN
ftr-485	821	8	.	.	PUNCT
ftr-485	822	1	1	1	NUM
ftr-485	822	2	:	:	SYM
ftr-485	822	3	1981	1981	NUM
ftr-485	822	4	u.s	u.s	PROPN
ftr-485	822	5	.	.	PROPN
ftr-485	822	6	model	model	PROPN
ftr-485	822	7	,	,	PUNCT
ftr-485	822	8	supra	supra	PROPN
ftr-485	822	9	note	note	NOUN
ftr-485	822	10	95	95	NUM
ftr-485	822	11	,	,	PUNCT
ftr-485	822	12	art	art	NOUN
ftr-485	822	13	.	.	PUNCT
ftr-485	823	1	7	7	NUM
ftr-485	823	2	,	,	PUNCT
ftr-485	823	3	para	para	NOUN
ftr-485	823	4	.	.	PUNCT
ftr-485	824	1	i	i	PRON
ftr-485	824	2	and	and	CCONJ
ftr-485	824	3	art	art	NOUN
ftr-485	824	4	.	.	PUNCT
ftr-485	825	1	21	21	NUM
ftr-485	825	2	,	,	PUNCT
ftr-485	825	3	para	para	PROPN
ftr-485	825	4	.	.	PUNCT
ftr-485	826	1	i.	i.	PROPN
ftr-485	826	2	129	129	NUM
ftr-485	826	3	.	.	PUNCT
ftr-485	826	4	1994	1994	NUM
ftr-485	827	1	oecd	oecd	PROPN
ftr-485	827	2	report	report	PROPN
ftr-485	827	3	,	,	PUNCT
ftr-485	827	4	supra	supra	PROPN
ftr-485	827	5	note	note	PROPN
ftr-485	827	6	94	94	NUM
ftr-485	827	7	,	,	PUNCT
ftr-485	827	8	part	part	NOUN
ftr-485	828	1	i	i	NOUN
ftr-485	828	2	,	,	PUNCT
ftr-485	828	3	para	para	PROPN
ftr-485	828	4	.	.	PUNCT
ftr-485	829	1	157	157	NUM
ftr-485	829	2	.	.	PUNCT
ftr-485	830	1	approximately	approximately	ADV
ftr-485	830	2	one	one	NUM
ftr-485	830	3	-	-	PUNCT
ftr-485	830	4	half	half	NOUN
ftr-485	830	5	of	of	ADP
ftr-485	830	6	the	the	DET
ftr-485	830	7	u.s	u.s	PROPN
ftr-485	830	8	.	.	PROPN
ftr-485	830	9	tax	tax	NOUN
ftr-485	830	10	treaties	treaty	NOUN
ftr-485	830	11	lack	lack	VERB
ftr-485	830	12	an	an	DET
ftr-485	830	13	other	other	ADJ
ftr-485	830	14	income	income	NOUN
ftr-485	830	15	article	article	NOUN
ftr-485	830	16	.	.	PUNCT
ftr-485	831	1	see	see	VERB
ftr-485	831	2	klaus	klaus	PROPN
ftr-485	831	3	vogel	vogel	PROPN
ftr-485	831	4	et	et	PROPN
ftr-485	831	5	al	al	PROPN
ftr-485	831	6	..	..	PROPN
ftr-485	831	7	united	united	PROPN
ftr-485	831	8	states	states	PROPN
ftr-485	831	9	income	income	NOUN
ftr-485	831	10	tax	tax	NOUN
ftr-485	831	11	treaties	treaty	NOUN
ftr-485	831	12	art	art	NOUN
ftr-485	831	13	.	.	PUNCT
ftr-485	832	1	21	21	NUM
ftr-485	832	2	-	-	SYM
ftr-485	832	3	13	13	NUM
ftr-485	832	4	tbl	tbl	NOUN
ftr-485	832	5	.	.	PUNCT
ftr-485	833	1	1	1	NUM
ftr-485	833	2	(	(	PUNCT
ftr-485	833	3	1993	1993	NUM
ftr-485	833	4	)	)	PUNCT
ftr-485	834	1	[	[	X
ftr-485	834	2	hereinafter	hereinafter	NOUN
ftr-485	834	3	vogel	vogel	NOUN
ftr-485	834	4	et	et	PROPN
ftr-485	834	5	al	al	PROPN
ftr-485	834	6	.	.	PROPN
ftr-485	834	7	,	,	PUNCT
ftr-485	834	8	usitti	usitti	NOUN
ftr-485	834	9	.	.	PUNCT
ftr-485	834	10	130	130	NUM
ftr-485	834	11	.	.	PUNCT
ftr-485	835	1	see	see	VERB
ftr-485	835	2	supra	supra	PROPN
ftr-485	835	3	part	part	PROPN
ftr-485	835	4	iv.b	iv.b	PROPN
ftr-485	835	5	for	for	ADP
ftr-485	835	6	a	a	DET
ftr-485	835	7	discussion	discussion	NOUN
ftr-485	835	8	of	of	ADP
ftr-485	835	9	withholding	withhold	VERB
ftr-485	835	10	in	in	ADP
ftr-485	835	11	the	the	DET
ftr-485	835	12	united	united	PROPN
ftr-485	835	13	states	states	PROPN
ftr-485	835	14	.	.	PUNCT
ftr-485	836	1	19951	19951	NUM
ftr-485	836	2	florida	florida	PROPN
ftr-485	836	3	tax	tax	NOUN
ftr-485	836	4	review	review	NOUN
ftr-485	836	5	should	should	AUX
ftr-485	836	6	be	be	AUX
ftr-485	836	7	no	no	DET
ftr-485	836	8	withholding	withholding	NOUN
ftr-485	836	9	in	in	ADP
ftr-485	836	10	the	the	DET
ftr-485	836	11	source	source	NOUN
ftr-485	836	12	state	state	NOUN
ftr-485	836	13	and	and	CCONJ
ftr-485	836	14	that	that	SCONJ
ftr-485	836	15	only	only	ADV
ftr-485	836	16	the	the	DET
ftr-485	836	17	residence	residence	NOUN
ftr-485	836	18	state	state	NOUN
ftr-485	836	19	may	may	AUX
ftr-485	836	20	tax	tax	VERB
ftr-485	836	21	the	the	DET
ftr-485	836	22	income	income	NOUN
ftr-485	836	23	.	.	PUNCT
ftr-485	837	1	further	far	ADV
ftr-485	837	2	,	,	PUNCT
ftr-485	837	3	unless	unless	SCONJ
ftr-485	837	4	the	the	DET
ftr-485	837	5	residence	residence	NOUN
ftr-485	837	6	state	state	NOUN
ftr-485	837	7	,	,	PUNCT
ftr-485	837	8	upon	upon	SCONJ
ftr-485	837	9	examination	examination	NOUN
ftr-485	837	10	of	of	ADP
ftr-485	837	11	the	the	DET
ftr-485	837	12	treaty	treaty	NOUN
ftr-485	837	13	,	,	PUNCT
ftr-485	837	14	finds	find	VERB
ftr-485	837	15	that	that	PRON
ftr-485	837	16	source	source	NOUN
ftr-485	837	17	taxation	taxation	NOUN
ftr-485	837	18	is	be	AUX
ftr-485	837	19	justified	justify	VERB
ftr-485	837	20	,	,	PUNCT
ftr-485	837	21	it	it	PRON
ftr-485	837	22	may	may	AUX
ftr-485	837	23	not	not	PART
ftr-485	837	24	credit	credit	VERB
ftr-485	837	25	the	the	DET
ftr-485	837	26	tax	tax	NOUN
ftr-485	837	27	at	at	ADP
ftr-485	837	28	source	source	NOUN
ftr-485	837	29	or	or	CCONJ
ftr-485	837	30	exempt	exempt	VERB
ftr-485	837	31	the	the	DET
ftr-485	837	32	income	income	NOUN
ftr-485	837	33	from	from	ADP
ftr-485	837	34	residence	residence	NOUN
ftr-485	837	35	taxation	taxation	NOUN
ftr-485	837	36	.	.	PUNCT
ftr-485	837	37	'	'	PUNCT
ftr-485	838	1	the	the	DET
ftr-485	838	2	basic	basic	ADJ
ftr-485	838	3	treaty	treaty	NOUN
ftr-485	838	4	method	method	NOUN
ftr-485	838	5	for	for	ADP
ftr-485	838	6	avoiding	avoid	VERB
ftr-485	838	7	double	double	ADJ
ftr-485	838	8	taxation	taxation	NOUN
ftr-485	838	9	is	be	AUX
ftr-485	838	10	stated	state	VERB
ftr-485	838	11	in	in	ADP
ftr-485	838	12	article	article	NOUN
ftr-485	838	13	23	23	NUM
ftr-485	838	14	,	,	PUNCT
ftr-485	838	15	which	which	PRON
ftr-485	838	16	generally	generally	ADV
ftr-485	838	17	provides	provide	VERB
ftr-485	838	18	the	the	DET
ftr-485	838	19	residence	residence	NOUN
ftr-485	838	20	state	state	NOUN
ftr-485	838	21	of	of	ADP
ftr-485	838	22	the	the	DET
ftr-485	838	23	income	income	NOUN
ftr-485	838	24	recipient	recipient	NOUN
ftr-485	838	25	,	,	PUNCT
ftr-485	838	26	m	m	VERB
ftr-485	838	27	in	in	ADP
ftr-485	838	28	the	the	DET
ftr-485	838	29	example	example	NOUN
ftr-485	838	30	,	,	PUNCT
ftr-485	838	31	with	with	ADP
ftr-485	838	32	a	a	DET
ftr-485	838	33	choice	choice	NOUN
ftr-485	838	34	between	between	ADP
ftr-485	838	35	exempting	exempt	VERB
ftr-485	838	36	or	or	CCONJ
ftr-485	838	37	crediting	credit	VERB
ftr-485	838	38	the	the	DET
ftr-485	838	39	taxes	taxis	NOUN
ftr-485	838	40	levied	levy	VERB
ftr-485	838	41	in	in	ADP
ftr-485	838	42	the	the	DET
ftr-485	838	43	source	source	NOUN
ftr-485	838	44	state	state	NOUN
ftr-485	838	45	.	.	PUNCT
ftr-485	839	1	132	132	NUM
ftr-485	839	2	however	however	ADV
ftr-485	839	3	,	,	PUNCT
ftr-485	839	4	for	for	ADP
ftr-485	839	5	interest	interest	NOUN
ftr-485	839	6	,	,	PUNCT
ftr-485	839	7	article	article	NOUN
ftr-485	839	8	23	23	NUM
ftr-485	839	9	generally	generally	ADV
ftr-485	839	10	provides	provide	VERB
ftr-485	839	11	that	that	SCONJ
ftr-485	839	12	any	any	DET
ftr-485	839	13	source	source	NOUN
ftr-485	839	14	state	state	NOUN
ftr-485	839	15	tax	tax	NOUN
ftr-485	839	16	is	be	AUX
ftr-485	839	17	to	to	PART
ftr-485	839	18	be	be	AUX
ftr-485	839	19	credited	credit	VERB
ftr-485	839	20	in	in	ADP
ftr-485	839	21	the	the	DET
ftr-485	839	22	residence	residence	NOUN
ftr-485	839	23	state	state	NOUN
ftr-485	839	24	of	of	ADP
ftr-485	839	25	the	the	DET
ftr-485	839	26	recipient	recipient	NOUN
ftr-485	839	27	.	.	PUNCT
ftr-485	840	1	unlike	unlike	ADP
ftr-485	840	2	article	article	NOUN
ftr-485	840	3	11	11	NUM
ftr-485	840	4	,	,	PUNCT
ftr-485	840	5	articles	article	NOUN
ftr-485	840	6	7	7	NUM
ftr-485	840	7	and	and	CCONJ
ftr-485	840	8	21	21	NUM
ftr-485	840	9	independently	independently	ADV
ftr-485	840	10	avoid	avoid	VERB
ftr-485	840	11	double	double	ADJ
ftr-485	840	12	taxation	taxation	NOUN
ftr-485	840	13	by	by	ADP
ftr-485	840	14	declaring	declare	VERB
ftr-485	840	15	that	that	SCONJ
ftr-485	840	16	only	only	ADV
ftr-485	840	17	the	the	DET
ftr-485	840	18	residence	residence	NOUN
ftr-485	840	19	state	state	NOUN
ftr-485	840	20	of	of	ADP
ftr-485	840	21	the	the	DET
ftr-485	840	22	recipient	recipient	NOUN
ftr-485	840	23	may	may	AUX
ftr-485	840	24	tax	tax	VERB
ftr-485	840	25	the	the	DET
ftr-485	840	26	income	income	NOUN
ftr-485	840	27	falling	fall	VERB
ftr-485	840	28	under	under	ADP
ftr-485	840	29	them	they	PRON
ftr-485	840	30	.	.	PUNCT
ftr-485	841	1	therefore	therefore	ADV
ftr-485	841	2	,	,	PUNCT
ftr-485	841	3	when	when	SCONJ
ftr-485	841	4	m	m	PROPN
ftr-485	841	5	's	's	PART
ftr-485	841	6	state	state	NOUN
ftr-485	841	7	of	of	ADP
ftr-485	841	8	residence	residence	NOUN
ftr-485	841	9	applies	apply	VERB
ftr-485	841	10	article	article	NOUN
ftr-485	841	11	7	7	NUM
ftr-485	841	12	or	or	CCONJ
ftr-485	841	13	21	21	NUM
ftr-485	841	14	,	,	PUNCT
ftr-485	841	15	it	it	PRON
ftr-485	841	16	may	may	AUX
ftr-485	841	17	not	not	PART
ftr-485	841	18	resort	resort	VERB
ftr-485	841	19	to	to	ADP
ftr-485	841	20	article	article	NOUN
ftr-485	841	21	23	23	NUM
ftr-485	841	22	to	to	PART
ftr-485	841	23	avoid	avoid	VERB
ftr-485	841	24	double	double	ADJ
ftr-485	841	25	taxation	taxation	NOUN
ftr-485	841	26	,	,	PUNCT
ftr-485	841	27	even	even	ADV
ftr-485	841	28	though	though	SCONJ
ftr-485	841	29	n	n	NUM
ftr-485	841	30	's	's	PART
ftr-485	841	31	state	state	NOUN
ftr-485	841	32	expects	expect	VERB
ftr-485	841	33	m	m	PRON
ftr-485	841	34	's	be	AUX
ftr-485	841	35	to	to	PART
ftr-485	841	36	avoid	avoid	VERB
ftr-485	841	37	double	double	ADJ
ftr-485	841	38	taxation	taxation	NOUN
ftr-485	841	39	by	by	ADP
ftr-485	841	40	applying	apply	VERB
ftr-485	841	41	article	article	NOUN
ftr-485	841	42	23	23	NUM
ftr-485	841	43	in	in	ADP
ftr-485	841	44	conjunction	conjunction	NOUN
ftr-485	841	45	with	with	ADP
ftr-485	841	46	article	article	NOUN
ftr-485	841	47	11	11	NUM
ftr-485	841	48	.	.	PUNCT
ftr-485	842	1	an	an	DET
ftr-485	842	2	implicit	implicit	ADJ
ftr-485	842	3	prerequisite	prerequisite	NOUN
ftr-485	842	4	for	for	ADP
ftr-485	842	5	the	the	DET
ftr-485	842	6	use	use	NOUN
ftr-485	842	7	of	of	ADP
ftr-485	842	8	article	article	NOUN
ftr-485	842	9	23	23	NUM
ftr-485	842	10	is	be	AUX
ftr-485	842	11	agreement	agreement	NOUN
ftr-485	842	12	by	by	ADP
ftr-485	842	13	the	the	DET
ftr-485	842	14	residence	residence	NOUN
ftr-485	842	15	state	state	NOUN
ftr-485	842	16	that	that	SCONJ
ftr-485	842	17	the	the	DET
ftr-485	842	18	income	income	NOUN
ftr-485	842	19	falls	fall	VERB
ftr-485	842	20	under	under	ADP
ftr-485	842	21	the	the	DET
ftr-485	842	22	interest	interest	NOUN
ftr-485	842	23	article	article	NOUN
ftr-485	842	24	or	or	CCONJ
ftr-485	842	25	some	some	DET
ftr-485	842	26	other	other	ADJ
ftr-485	842	27	provision	provision	NOUN
ftr-485	842	28	allowing	allow	VERB
ftr-485	842	29	taxation	taxation	NOUN
ftr-485	842	30	at	at	ADP
ftr-485	842	31	source	source	NOUN
ftr-485	842	32	.	.	PUNCT
ftr-485	843	1	,33	,33	PROPN
ftr-485	843	2	in	in	ADP
ftr-485	843	3	this	this	DET
ftr-485	843	4	instance	instance	NOUN
ftr-485	843	5	,	,	PUNCT
ftr-485	843	6	article	article	NOUN
ftr-485	843	7	23	23	NUM
ftr-485	843	8	is	be	AUX
ftr-485	843	9	not	not	PART
ftr-485	843	10	applicable	applicable	ADJ
ftr-485	843	11	since	since	SCONJ
ftr-485	843	12	it	it	PRON
ftr-485	843	13	is	be	AUX
ftr-485	843	14	unlikely	unlikely	ADJ
ftr-485	843	15	that	that	SCONJ
ftr-485	843	16	there	there	PRON
ftr-485	843	17	will	will	AUX
ftr-485	843	18	be	be	AUX
ftr-485	843	19	agreement	agreement	NOUN
ftr-485	843	20	by	by	ADP
ftr-485	843	21	m	m	PROPN
ftr-485	843	22	's	's	PART
ftr-485	843	23	state	state	NOUN
ftr-485	843	24	of	of	ADP
ftr-485	843	25	residence	residence	NOUN
ftr-485	843	26	that	that	SCONJ
ftr-485	843	27	the	the	DET
ftr-485	843	28	interest	interest	NOUN
ftr-485	843	29	article	article	NOUN
ftr-485	843	30	applies	apply	VERB
ftr-485	843	31	,	,	PUNCT
ftr-485	843	32	at	at	ADP
ftr-485	843	33	least	least	ADJ
ftr-485	843	34	when	when	SCONJ
ftr-485	843	35	the	the	DET
ftr-485	843	36	income	income	NOUN
ftr-485	843	37	's	's	PART
ftr-485	843	38	source	source	NOUN
ftr-485	843	39	state	state	NOUN
ftr-485	843	40	is	be	AUX
ftr-485	843	41	the	the	DET
ftr-485	843	42	united	united	PROPN
ftr-485	843	43	states	states	PROPN
ftr-485	843	44	.	.	PUNCT
ftr-485	844	1	in	in	ADP
ftr-485	844	2	short	short	ADJ
ftr-485	844	3	,	,	PUNCT
ftr-485	844	4	if	if	SCONJ
ftr-485	844	5	the	the	DET
ftr-485	844	6	residence	residence	NOUN
ftr-485	844	7	state	state	NOUN
ftr-485	844	8	of	of	ADP
ftr-485	844	9	m	m	PROPN
ftr-485	844	10	does	do	AUX
ftr-485	844	11	not	not	PART
ftr-485	844	12	apply	apply	VERB
ftr-485	844	13	the	the	DET
ftr-485	844	14	interest	interest	NOUN
ftr-485	844	15	article	article	NOUN
ftr-485	844	16	,	,	PUNCT
ftr-485	844	17	it	it	PRON
ftr-485	844	18	will	will	AUX
ftr-485	844	19	not	not	PART
ftr-485	844	20	arrive	arrive	VERB
ftr-485	844	21	at	at	ADP
ftr-485	844	22	article	article	NOUN
ftr-485	844	23	23	23	NUM
ftr-485	844	24	as	as	ADP
ftr-485	844	25	the	the	DET
ftr-485	844	26	means	mean	NOUN
ftr-485	844	27	to	to	PART
ftr-485	844	28	alleviate	alleviate	VERB
ftr-485	844	29	double	double	ADJ
ftr-485	844	30	taxation	taxation	NOUN
ftr-485	844	31	.	.	PUNCT
ftr-485	845	1	as	as	SCONJ
ftr-485	845	2	mentioned	mention	VERB
ftr-485	845	3	earlier	early	ADV
ftr-485	845	4	,	,	PUNCT
ftr-485	845	5	recharacterization	recharacterization	NOUN
ftr-485	845	6	treats	treat	VERB
ftr-485	845	7	a	a	DET
ftr-485	845	8	nonperiodic	nonperiodic	ADJ
ftr-485	845	9	payment	payment	NOUN
ftr-485	845	10	as	as	ADP
ftr-485	845	11	creating	create	VERB
ftr-485	845	12	a	a	DET
ftr-485	845	13	debt	debt	NOUN
ftr-485	845	14	claim	claim	NOUN
ftr-485	845	15	.	.	PUNCT
ftr-485	846	1	to	to	PART
ftr-485	846	2	remain	remain	VERB
ftr-485	846	3	consistent	consistent	ADJ
ftr-485	846	4	with	with	ADP
ftr-485	846	5	that	that	DET
ftr-485	846	6	treatment	treatment	NOUN
ftr-485	846	7	,	,	PUNCT
ftr-485	846	8	the	the	DET
ftr-485	846	9	united	united	PROPN
ftr-485	846	10	states	states	PROPN
ftr-485	846	11	can	can	AUX
ftr-485	846	12	be	be	AUX
ftr-485	846	13	expected	expect	VERB
ftr-485	846	14	to	to	PART
ftr-485	846	15	call	call	VERB
ftr-485	846	16	for	for	SCONJ
ftr-485	846	17	the	the	DET
ftr-485	846	18	interest	interest	NOUN
ftr-485	846	19	article	article	NOUN
ftr-485	846	20	to	to	PART
ftr-485	846	21	apply	apply	VERB
ftr-485	846	22	to	to	ADP
ftr-485	846	23	the	the	DET
ftr-485	846	24	interest	interest	NOUN
ftr-485	846	25	element	element	NOUN
ftr-485	846	26	.	.	PUNCT
ftr-485	847	1	however	however	ADV
ftr-485	847	2	,	,	PUNCT
ftr-485	847	3	as	as	SCONJ
ftr-485	847	4	discussed	discuss	VERB
ftr-485	847	5	previously	previously	ADV
ftr-485	847	6	in	in	ADP
ftr-485	847	7	part	part	NOUN
ftr-485	847	8	v	v	NOUN
ftr-485	847	9	of	of	ADP
ftr-485	847	10	this	this	DET
ftr-485	847	11	article	article	NOUN
ftr-485	847	12	,	,	PUNCT
ftr-485	847	13	there	there	PRON
ftr-485	847	14	is	be	VERB
ftr-485	847	15	no	no	DET
ftr-485	847	16	fixed	fixed	ADJ
ftr-485	847	17	debt	debt	NOUN
ftr-485	847	18	claim	claim	NOUN
ftr-485	847	19	in	in	ADP
ftr-485	847	20	reality	reality	NOUN
ftr-485	847	21	.	.	PUNCT
ftr-485	848	1	that	that	PRON
ftr-485	848	2	means	mean	VERB
ftr-485	848	3	that	that	SCONJ
ftr-485	848	4	if	if	SCONJ
ftr-485	848	5	m	m	PROPN
ftr-485	848	6	's	's	PART
ftr-485	848	7	state	state	NOUN
ftr-485	848	8	of	of	ADP
ftr-485	848	9	residence	residence	NOUN
ftr-485	848	10	maintains	maintain	VERB
ftr-485	848	11	that	that	SCONJ
ftr-485	848	12	the	the	DET
ftr-485	848	13	interest	interest	NOUN
ftr-485	848	14	article	article	NOUN
ftr-485	848	15	should	should	AUX
ftr-485	848	16	not	not	PART
ftr-485	848	17	apply	apply	VERB
ftr-485	848	18	because	because	SCONJ
ftr-485	848	19	there	there	PRON
ftr-485	848	20	is	be	VERB
ftr-485	848	21	no	no	DET
ftr-485	848	22	interest	interest	NOUN
ftr-485	848	23	,	,	PUNCT
ftr-485	848	24	that	that	DET
ftr-485	848	25	state	state	NOUN
ftr-485	848	26	is	be	AUX
ftr-485	848	27	theoretically	theoretically	ADV
ftr-485	848	28	correct	correct	ADJ
ftr-485	848	29	.	.	PUNCT
ftr-485	849	1	further	far	ADV
ftr-485	849	2	,	,	PUNCT
ftr-485	849	3	m	m	PROPN
ftr-485	849	4	's	's	PART
ftr-485	849	5	state	state	NOUN
ftr-485	849	6	of	of	ADP
ftr-485	849	7	residence	residence	NOUN
ftr-485	849	8	could	could	AUX
ftr-485	849	9	feel	feel	VERB
ftr-485	849	10	that	that	SCONJ
ftr-485	849	11	the	the	DET
ftr-485	849	12	interest	interest	NOUN
ftr-485	849	13	article	article	NOUN
ftr-485	849	14	does	do	AUX
ftr-485	849	15	not	not	PART
ftr-485	849	16	apply	apply	VERB
ftr-485	849	17	because	because	SCONJ
ftr-485	849	18	the	the	DET
ftr-485	849	19	"	"	PUNCT
ftr-485	849	20	interest	interest	NOUN
ftr-485	849	21	"	"	PUNCT
ftr-485	849	22	is	be	AUX
ftr-485	849	23	not	not	PART
ftr-485	849	24	paid	pay	VERB
ftr-485	849	25	as	as	ADP
ftr-485	849	26	interest	interest	NOUN
ftr-485	849	27	,	,	PUNCT
ftr-485	849	28	a	a	DET
ftr-485	849	29	prerequisite	prerequisite	NOUN
ftr-485	849	30	for	for	ADP
ftr-485	849	31	the	the	DET
ftr-485	849	32	application	application	NOUN
ftr-485	849	33	of	of	ADP
ftr-485	849	34	the	the	DET
ftr-485	849	35	interest	interest	NOUN
ftr-485	849	36	article	article	NOUN
ftr-485	849	37	.	.	PUNCT
ftr-485	849	38	'	'	PUNCT
ftr-485	850	1	for	for	ADP
ftr-485	850	2	both	both	DET
ftr-485	850	3	131	131	NUM
ftr-485	850	4	.	.	PUNCT
ftr-485	851	1	vogel	vogel	PROPN
ftr-485	851	2	dtc	dtc	PROPN
ftr-485	851	3	,	,	PUNCT
ftr-485	851	4	supra	supra	PROPN
ftr-485	851	5	note	note	NOUN
ftr-485	851	6	91	91	NUM
ftr-485	851	7	,	,	PUNCT
ftr-485	851	8	at	at	ADP
ftr-485	851	9	128	128	NUM
ftr-485	851	10	-	-	SYM
ftr-485	851	11	29	29	NUM
ftr-485	851	12	.	.	PUNCT
ftr-485	852	1	132	132	NUM
ftr-485	852	2	.	.	PUNCT
ftr-485	852	3	see	see	VERB
ftr-485	852	4	i	i	PRON
ftr-485	852	5	d.	d.	PROPN
ftr-485	852	6	,	,	PUNCT
ftr-485	852	7	art	art	NOUN
ftr-485	852	8	.	.	PUNCT
ftr-485	853	1	23	23	NUM
ftr-485	853	2	.	.	PUNCT
ftr-485	854	1	the	the	DET
ftr-485	854	2	oecd	oecd	PROPN
ftr-485	854	3	model	model	NOUN
ftr-485	854	4	commentary	commentary	NOUN
ftr-485	854	5	states	state	VERB
ftr-485	854	6	that	that	SCONJ
ftr-485	854	7	"	"	PUNCT
ftr-485	854	8	[	[	X
ftr-485	854	9	ais	ais	NOUN
ftr-485	854	10	regards	regard	VERB
ftr-485	854	11	two	two	NUM
ftr-485	854	12	classes	class	NOUN
ftr-485	854	13	of	of	ADP
ftr-485	854	14	income	income	NOUN
ftr-485	854	15	(	(	PUNCT
ftr-485	854	16	dividends	dividend	NOUN
ftr-485	854	17	and	and	CCONJ
ftr-485	854	18	interest	interest	NOUN
ftr-485	854	19	)	)	PUNCT
ftr-485	854	20	....	....	PUNCT
ftr-485	855	1	insofar	insofar	ADV
ftr-485	855	2	as	as	SCONJ
ftr-485	855	3	these	these	DET
ftr-485	855	4	provisions	provision	NOUN
ftr-485	855	5	confer	confer	VERB
ftr-485	855	6	on	on	ADP
ftr-485	855	7	the	the	DET
ftr-485	855	8	state	state	NOUN
ftr-485	855	9	of	of	ADP
ftr-485	855	10	source	source	NOUN
ftr-485	855	11	or	or	CCONJ
ftr-485	855	12	situs	situs	PROPN
ftr-485	855	13	a	a	DET
ftr-485	855	14	full	full	ADJ
ftr-485	855	15	or	or	CCONJ
ftr-485	855	16	limited	limited	ADJ
ftr-485	855	17	right	right	NOUN
ftr-485	855	18	to	to	ADP
ftr-485	855	19	tax	tax	NOUN
ftr-485	855	20	,	,	PUNCT
ftr-485	855	21	the	the	DET
ftr-485	855	22	state	state	NOUN
ftr-485	855	23	of	of	ADP
ftr-485	855	24	residence	residence	NOUN
ftr-485	855	25	must	must	AUX
ftr-485	855	26	allow	allow	VERB
ftr-485	855	27	relief	relief	NOUN
ftr-485	855	28	so	so	SCONJ
ftr-485	855	29	as	as	SCONJ
ftr-485	855	30	to	to	PART
ftr-485	855	31	avoid	avoid	VERB
ftr-485	855	32	double	double	ADJ
ftr-485	855	33	taxation	taxation	NOUN
ftr-485	855	34	;	;	PUNCT
ftr-485	855	35	this	this	PRON
ftr-485	855	36	is	be	AUX
ftr-485	855	37	the	the	DET
ftr-485	855	38	purpose	purpose	NOUN
ftr-485	855	39	of	of	ADP
ftr-485	855	40	articles	article	NOUN
ftr-485	855	41	23	23	NUM
ftr-485	855	42	a	a	DET
ftr-485	855	43	and	and	CCONJ
ftr-485	855	44	23	23	NUM
ftr-485	855	45	b.	b.	NOUN
ftr-485	855	46	"	"	PUNCT
ftr-485	855	47	1994	1994	NUM
ftr-485	855	48	oecd	oecd	PROPN
ftr-485	855	49	model	model	PROPN
ftr-485	855	50	,	,	PUNCT
ftr-485	855	51	supra	supra	PROPN
ftr-485	855	52	note	note	NOUN
ftr-485	855	53	3	3	NUM
ftr-485	855	54	,	,	PUNCT
ftr-485	855	55	commentary	commentary	NOUN
ftr-485	855	56	on	on	ADP
ftr-485	855	57	intro	intro	PROPN
ftr-485	855	58	.	.	PUNCT
ftr-485	855	59	,	,	PUNCT
ftr-485	855	60	para	para	PROPN
ftr-485	855	61	.	.	PROPN
ftr-485	856	1	19	19	NUM
ftr-485	856	2	.	.	X
ftr-485	857	1	133	133	NUM
ftr-485	857	2	.	.	PUNCT
ftr-485	858	1	vogel	vogel	PROPN
ftr-485	858	2	dtc	dtc	PROPN
ftr-485	858	3	,	,	PUNCT
ftr-485	858	4	supra	supra	PROPN
ftr-485	858	5	note	note	NOUN
ftr-485	858	6	91	91	NUM
ftr-485	858	7	,	,	PUNCT
ftr-485	858	8	art	art	NOUN
ftr-485	858	9	.	.	PUNCT
ftr-485	859	1	23	23	NUM
ftr-485	859	2	,	,	PUNCT
ftr-485	859	3	at	at	ADP
ftr-485	859	4	961	961	NUM
ftr-485	859	5	.	.	PUNCT
ftr-485	860	1	134	134	NUM
ftr-485	860	2	.	.	PUNCT
ftr-485	861	1	klaus	klaus	PROPN
ftr-485	861	2	vogel	vogel	PROPN
ftr-485	861	3	,	,	PUNCT
ftr-485	861	4	on	on	ADP
ftr-485	861	5	double	double	ADJ
ftr-485	861	6	taxation	taxation	NOUN
ftr-485	861	7	conventions	convention	NOUN
ftr-485	861	8	,	,	PUNCT
ftr-485	861	9	art	art	NOUN
ftr-485	861	10	.	.	PUNCT
ftr-485	862	1	11	11	NUM
ftr-485	862	2	,	,	PUNCT
ftr-485	862	3	67.1	67.1	NUM
ftr-485	862	4	(	(	PUNCT
ftr-485	862	5	3d	3d	NUM
ftr-485	862	6	ed	ed	NOUN
ftr-485	862	7	.	.	PUNCT
ftr-485	863	1	forthcoming	forthcoming	ADJ
ftr-485	863	2	1996	1996	NUM
ftr-485	863	3	)	)	PUNCT
ftr-485	863	4	.	.	PUNCT
ftr-485	864	1	see	see	VERB
ftr-485	864	2	vogel	vogel	PROPN
ftr-485	864	3	dtc	dtc	PROPN
ftr-485	864	4	,	,	PUNCT
ftr-485	864	5	supra	supra	PROPN
ftr-485	864	6	note	note	NOUN
ftr-485	864	7	91	91	NUM
ftr-485	864	8	,	,	PUNCT
ftr-485	864	9	at	at	ADP
ftr-485	864	10	655	655	NUM
ftr-485	864	11	,	,	PUNCT
ftr-485	864	12	for	for	ADP
ftr-485	864	13	discussion	discussion	NOUN
ftr-485	864	14	of	of	ADP
ftr-485	864	15	the	the	DET
ftr-485	864	16	"	"	PUNCT
ftr-485	864	17	paid	pay	VERB
ftr-485	864	18	as	as	ADP
ftr-485	864	19	interest	interest	NOUN
ftr-485	864	20	"	"	PUNCT
ftr-485	864	21	requirement	requirement	NOUN
ftr-485	864	22	.	.	PUNCT
ftr-485	865	1	[	[	X
ftr-485	865	2	vol	vol	NOUN
ftr-485	865	3	2:11	2:11	NUM
ftr-485	865	4	the	the	DET
ftr-485	865	5	recharacterization	recharacterization	NOUN
ftr-485	865	6	of	of	ADP
ftr-485	865	7	cross	cross	ADJ
ftr-485	865	8	-	-	ADJ
ftr-485	865	9	border	border	ADJ
ftr-485	865	10	interest	interest	NOUN
ftr-485	865	11	rate	rate	NOUN
ftr-485	865	12	swaps	swap	NOUN
ftr-485	865	13	of	of	ADP
ftr-485	865	14	these	these	DET
ftr-485	865	15	reasons	reason	NOUN
ftr-485	865	16	,	,	PUNCT
ftr-485	865	17	m	m	PROPN
ftr-485	865	18	's	's	PART
ftr-485	865	19	state	state	NOUN
ftr-485	865	20	of	of	ADP
ftr-485	865	21	residence	residence	NOUN
ftr-485	865	22	likely	likely	ADV
ftr-485	865	23	will	will	AUX
ftr-485	865	24	not	not	PART
ftr-485	865	25	accept	accept	VERB
ftr-485	865	26	the	the	DET
ftr-485	865	27	use	use	NOUN
ftr-485	865	28	of	of	ADP
ftr-485	865	29	the	the	DET
ftr-485	865	30	interest	interest	NOUN
ftr-485	865	31	article	article	NOUN
ftr-485	865	32	.	.	PUNCT
ftr-485	866	1	therefore	therefore	ADV
ftr-485	866	2	,	,	PUNCT
ftr-485	866	3	the	the	DET
ftr-485	866	4	interest	interest	NOUN
ftr-485	866	5	component	component	NOUN
ftr-485	866	6	of	of	ADP
ftr-485	866	7	the	the	DET
ftr-485	866	8	payment	payment	NOUN
ftr-485	866	9	made	make	VERB
ftr-485	866	10	to	to	ADP
ftr-485	866	11	m	m	PRON
ftr-485	866	12	,	,	PUNCT
ftr-485	866	13	which	which	PRON
ftr-485	866	14	was	be	AUX
ftr-485	866	15	withheld	withhold	VERB
ftr-485	866	16	against	against	ADP
ftr-485	866	17	in	in	ADP
ftr-485	866	18	the	the	DET
ftr-485	866	19	source	source	NOUN
ftr-485	866	20	state	state	NOUN
ftr-485	866	21	by	by	ADP
ftr-485	866	22	n	n	CCONJ
ftr-485	866	23	,	,	PUNCT
ftr-485	866	24	may	may	AUX
ftr-485	866	25	also	also	ADV
ftr-485	866	26	be	be	AUX
ftr-485	866	27	fully	fully	ADV
ftr-485	866	28	taxed	tax	VERB
ftr-485	866	29	in	in	ADP
ftr-485	866	30	the	the	DET
ftr-485	866	31	residence	residence	NOUN
ftr-485	866	32	state	state	NOUN
ftr-485	866	33	of	of	ADP
ftr-485	866	34	m	m	PRON
ftr-485	866	35	,	,	PUNCT
ftr-485	866	36	resulting	result	VERB
ftr-485	866	37	in	in	ADP
ftr-485	866	38	unameliorated	unameliorated	ADJ
ftr-485	866	39	double	double	ADJ
ftr-485	866	40	taxation	taxation	NOUN
ftr-485	866	41	.	.	PUNCT
ftr-485	867	1	f.	f.	PROPN
ftr-485	867	2	qualification	qualification	PROPN
ftr-485	867	3	problem	problem	NOUN
ftr-485	867	4	the	the	DET
ftr-485	867	5	preceding	precede	VERB
ftr-485	867	6	analysis	analysis	NOUN
ftr-485	867	7	concerning	concern	VERB
ftr-485	867	8	the	the	DET
ftr-485	867	9	appropriate	appropriate	ADJ
ftr-485	867	10	treaty	treaty	NOUN
ftr-485	867	11	article	article	NOUN
ftr-485	867	12	for	for	ADP
ftr-485	867	13	income	income	NOUN
ftr-485	867	14	from	from	ADP
ftr-485	867	15	large	large	ADJ
ftr-485	867	16	nonperiodic	nonperiodic	ADJ
ftr-485	867	17	payments	payment	NOUN
ftr-485	867	18	in	in	ADP
ftr-485	867	19	off	off	ADP
ftr-485	867	20	-	-	PUNCT
ftr-485	867	21	market	market	NOUN
ftr-485	867	22	swaps	swap	NOUN
ftr-485	867	23	has	have	AUX
ftr-485	867	24	been	be	AUX
ftr-485	867	25	addressing	address	VERB
ftr-485	867	26	the	the	DET
ftr-485	867	27	"	"	PUNCT
ftr-485	867	28	qualification	qualification	NOUN
ftr-485	867	29	"	"	PUNCT
ftr-485	867	30	problem	problem	NOUN
ftr-485	867	31	of	of	ADP
ftr-485	867	32	treaties	treaty	NOUN
ftr-485	867	33	.	.	PUNCT
ftr-485	868	1	qualification	qualification	NOUN
ftr-485	868	2	is	be	AUX
ftr-485	868	3	the	the	DET
ftr-485	868	4	term	term	NOUN
ftr-485	868	5	used	use	VERB
ftr-485	868	6	to	to	PART
ftr-485	868	7	describe	describe	VERB
ftr-485	868	8	how	how	SCONJ
ftr-485	868	9	income	income	NOUN
ftr-485	868	10	is	be	AUX
ftr-485	868	11	characterized	characterize	VERB
ftr-485	868	12	for	for	ADP
ftr-485	868	13	treaty	treaty	NOUN
ftr-485	868	14	purposes	purpose	NOUN
ftr-485	868	15	and	and	CCONJ
ftr-485	868	16	is	be	AUX
ftr-485	868	17	one	one	NUM
ftr-485	868	18	of	of	ADP
ftr-485	868	19	the	the	DET
ftr-485	868	20	most	most	ADV
ftr-485	868	21	fundamental	fundamental	ADJ
ftr-485	868	22	and	and	CCONJ
ftr-485	868	23	long	long	ADJ
ftr-485	868	24	debated	debate	VERB
ftr-485	868	25	issues	issue	NOUN
ftr-485	868	26	of	of	ADP
ftr-485	868	27	treaty	treaty	NOUN
ftr-485	868	28	law	law	NOUN
ftr-485	868	29	.	.	PUNCT
ftr-485	868	30	'	'	PUNCT
ftr-485	869	1	article	article	NOUN
ftr-485	869	2	3(2	3(2	NUM
ftr-485	869	3	)	)	PUNCT
ftr-485	869	4	of	of	ADP
ftr-485	869	5	the	the	DET
ftr-485	869	6	model	model	NOUN
ftr-485	869	7	conventions	convention	NOUN
ftr-485	869	8	attempts	attempt	VERB
ftr-485	869	9	to	to	PART
ftr-485	869	10	solve	solve	VERB
ftr-485	869	11	the	the	DET
ftr-485	869	12	qualification	qualification	NOUN
ftr-485	869	13	problem	problem	NOUN
ftr-485	869	14	by	by	ADP
ftr-485	869	15	specifying	specify	VERB
ftr-485	869	16	that	that	SCONJ
ftr-485	869	17	terms	term	NOUN
ftr-485	869	18	undefined	undefined	ADJ
ftr-485	869	19	in	in	ADP
ftr-485	869	20	the	the	DET
ftr-485	869	21	treaty	treaty	NOUN
ftr-485	869	22	should	should	AUX
ftr-485	869	23	be	be	AUX
ftr-485	869	24	interpreted	interpret	VERB
ftr-485	869	25	in	in	ADP
ftr-485	869	26	accordance	accordance	NOUN
ftr-485	869	27	with	with	ADP
ftr-485	869	28	the	the	DET
ftr-485	869	29	meaning	meaning	NOUN
ftr-485	869	30	of	of	ADP
ftr-485	869	31	the	the	DET
ftr-485	869	32	term	term	NOUN
ftr-485	869	33	in	in	ADP
ftr-485	869	34	the	the	DET
ftr-485	869	35	domestic	domestic	ADJ
ftr-485	869	36	law	law	NOUN
ftr-485	869	37	of	of	ADP
ftr-485	869	38	the	the	DET
ftr-485	869	39	state	state	NOUN
ftr-485	869	40	applying	apply	VERB
ftr-485	869	41	the	the	DET
ftr-485	869	42	treaty	treaty	NOUN
ftr-485	869	43	.	.	PUNCT
ftr-485	870	1	'36	'36	NUM
ftr-485	871	1	however	however	ADV
ftr-485	871	2	,	,	PUNCT
ftr-485	871	3	article	article	NOUN
ftr-485	871	4	3(2	3(2	NUM
ftr-485	871	5	)	)	PUNCT
ftr-485	871	6	is	be	AUX
ftr-485	871	7	subject	subject	ADJ
ftr-485	871	8	to	to	ADP
ftr-485	871	9	different	different	ADJ
ftr-485	871	10	interpretations	interpretation	NOUN
ftr-485	871	11	.	.	PUNCT
ftr-485	872	1	the	the	DET
ftr-485	872	2	interpretation	interpretation	NOUN
ftr-485	872	3	implicitly	implicitly	ADV
ftr-485	872	4	followed	follow	VERB
ftr-485	872	5	in	in	ADP
ftr-485	872	6	this	this	DET
ftr-485	872	7	article	article	NOUN
ftr-485	872	8	is	be	AUX
ftr-485	872	9	the	the	DET
ftr-485	872	10	one	one	NUM
ftr-485	872	11	more	more	ADV
ftr-485	872	12	likely	likely	ADJ
ftr-485	872	13	to	to	PART
ftr-485	872	14	be	be	AUX
ftr-485	872	15	followed	follow	VERB
ftr-485	872	16	by	by	ADP
ftr-485	872	17	revenue	revenue	NOUN
ftr-485	872	18	authorities	authority	NOUN
ftr-485	872	19	.	.	PUNCT
ftr-485	873	1	'37	'37	NUM
ftr-485	873	2	namely	namely	ADV
ftr-485	873	3	,	,	PUNCT
ftr-485	873	4	both	both	DET
ftr-485	873	5	states	state	NOUN
ftr-485	873	6	characterize	characterize	VERB
ftr-485	873	7	income	income	NOUN
ftr-485	873	8	independently	independently	ADV
ftr-485	873	9	under	under	ADP
ftr-485	873	10	their	their	PRON
ftr-485	873	11	respective	respective	ADJ
ftr-485	873	12	domestic	domestic	ADJ
ftr-485	873	13	laws	law	NOUN
ftr-485	873	14	.	.	PUNCT
ftr-485	873	15	'	'	PUNCT
ftr-485	874	1	however	however	ADV
ftr-485	874	2	,	,	PUNCT
ftr-485	874	3	as	as	SCONJ
ftr-485	874	4	seen	see	VERB
ftr-485	874	5	,	,	PUNCT
ftr-485	874	6	a	a	DET
ftr-485	874	7	consequence	consequence	NOUN
ftr-485	874	8	of	of	ADP
ftr-485	874	9	this	this	DET
ftr-485	874	10	approach	approach	NOUN
ftr-485	874	11	in	in	ADP
ftr-485	874	12	this	this	DET
ftr-485	874	13	instance	instance	NOUN
ftr-485	874	14	is	be	AUX
ftr-485	874	15	double	double	ADJ
ftr-485	874	16	taxation	taxation	NOUN
ftr-485	874	17	.	.	PUNCT
ftr-485	875	1	in	in	ADP
ftr-485	875	2	the	the	DET
ftr-485	875	3	case	case	NOUN
ftr-485	875	4	of	of	ADP
ftr-485	875	5	income	income	NOUN
ftr-485	875	6	resulting	result	VERB
ftr-485	875	7	from	from	ADP
ftr-485	875	8	a	a	DET
ftr-485	875	9	large	large	ADJ
ftr-485	875	10	nonperiodic	nonperiodic	ADJ
ftr-485	875	11	payment	payment	NOUN
ftr-485	875	12	,	,	PUNCT
ftr-485	875	13	the	the	DET
ftr-485	875	14	undefined	undefined	ADJ
ftr-485	875	15	treaty	treaty	NOUN
ftr-485	875	16	term	term	NOUN
ftr-485	875	17	is	be	AUX
ftr-485	875	18	"	"	PUNCT
ftr-485	875	19	debt	debt	NOUN
ftr-485	875	20	-	-	PUNCT
ftr-485	875	21	claim	claim	NOUN
ftr-485	875	22	.	.	PUNCT
ftr-485	875	23	"	"	PUNCT
ftr-485	876	1	double	double	ADJ
ftr-485	876	2	taxation	taxation	NOUN
ftr-485	876	3	arises	arise	VERB
ftr-485	876	4	because	because	SCONJ
ftr-485	876	5	one	one	NUM
ftr-485	876	6	of	of	ADP
ftr-485	876	7	the	the	DET
ftr-485	876	8	contracting	contracting	NOUN
ftr-485	876	9	states	state	NOUN
ftr-485	876	10	considers	consider	VERB
ftr-485	876	11	"	"	PUNCT
ftr-485	876	12	debt	debt	NOUN
ftr-485	876	13	-	-	PUNCT
ftr-485	876	14	claim	claim	NOUN
ftr-485	876	15	"	"	PUNCT
ftr-485	876	16	to	to	PART
ftr-485	876	17	include	include	VERB
ftr-485	876	18	large	large	ADJ
ftr-485	876	19	nonperiodic	nonperiodic	ADJ
ftr-485	876	20	payments	payment	NOUN
ftr-485	876	21	,	,	PUNCT
ftr-485	876	22	while	while	SCONJ
ftr-485	876	23	the	the	DET
ftr-485	876	24	other	other	ADJ
ftr-485	876	25	state	state	NOUN
ftr-485	876	26	does	do	VERB
ftr-485	876	27	not	not	PART
ftr-485	876	28	.	.	PUNCT
ftr-485	877	1	as	as	ADP
ftr-485	877	2	a	a	DET
ftr-485	877	3	result	result	NOUN
ftr-485	877	4	,	,	PUNCT
ftr-485	877	5	conflicting	conflicting	ADJ
ftr-485	877	6	treaty	treaty	NOUN
ftr-485	877	7	provisions	provision	NOUN
ftr-485	877	8	are	be	AUX
ftr-485	877	9	applied	apply	VERB
ftr-485	877	10	.	.	PUNCT
ftr-485	878	1	the	the	DET
ftr-485	878	2	other	other	ADJ
ftr-485	878	3	leading	lead	VERB
ftr-485	878	4	interpretation	interpretation	NOUN
ftr-485	878	5	of	of	ADP
ftr-485	878	6	article	article	NOUN
ftr-485	878	7	3(2	3(2	NUM
ftr-485	878	8	)	)	PUNCT
ftr-485	878	9	maintains	maintain	VERB
ftr-485	878	10	,	,	PUNCT
ftr-485	878	11	in	in	ADP
ftr-485	878	12	essence	essence	NOUN
ftr-485	878	13	,	,	PUNCT
ftr-485	878	14	that	that	SCONJ
ftr-485	878	15	the	the	DET
ftr-485	878	16	residence	residence	NOUN
ftr-485	878	17	state	state	NOUN
ftr-485	878	18	of	of	ADP
ftr-485	878	19	the	the	DET
ftr-485	878	20	income	income	NOUN
ftr-485	878	21	recipient	recipient	NOUN
ftr-485	878	22	should	should	AUX
ftr-485	878	23	accept	accept	VERB
ftr-485	878	24	the	the	DET
ftr-485	878	25	source	source	NOUN
ftr-485	878	26	state	state	NOUN
ftr-485	878	27	's	's	PART
ftr-485	878	28	qualification	qualification	NOUN
ftr-485	878	29	of	of	ADP
ftr-485	878	30	the	the	DET
ftr-485	878	31	income	income	NOUN
ftr-485	878	32	as	as	ADP
ftr-485	878	33	binding	bind	VERB
ftr-485	878	34	.	.	PUNCT
ftr-485	878	35	'	'	PUNCT
ftr-485	879	1	thus	thus	ADV
ftr-485	879	2	,	,	PUNCT
ftr-485	879	3	if	if	SCONJ
ftr-485	879	4	the	the	DET
ftr-485	879	5	source	source	NOUN
ftr-485	879	6	state	state	NOUN
ftr-485	879	7	taxes	tax	VERB
ftr-485	879	8	the	the	DET
ftr-485	879	9	income	income	NOUN
ftr-485	879	10	from	from	ADP
ftr-485	879	11	a	a	DET
ftr-485	879	12	large	large	ADJ
ftr-485	879	13	nonperiodic	nonperiodic	ADJ
ftr-485	879	14	payment	payment	NOUN
ftr-485	879	15	as	as	ADP
ftr-485	879	16	interest	interest	NOUN
ftr-485	879	17	for	for	ADP
ftr-485	879	18	treaty	treaty	NOUN
ftr-485	879	19	purposes	purpose	NOUN
ftr-485	879	20	,	,	PUNCT
ftr-485	879	21	the	the	DET
ftr-485	879	22	residence	residence	NOUN
ftr-485	879	23	state	state	NOUN
ftr-485	879	24	should	should	AUX
ftr-485	879	25	follow	follow	VERB
ftr-485	879	26	that	that	DET
ftr-485	879	27	interpretation	interpretation	NOUN
ftr-485	879	28	.	.	PUNCT
ftr-485	880	1	in	in	ADP
ftr-485	880	2	this	this	DET
ftr-485	880	3	instance	instance	NOUN
ftr-485	880	4	,	,	PUNCT
ftr-485	880	5	135	135	NUM
ftr-485	880	6	.	.	PUNCT
ftr-485	881	1	see	see	VERB
ftr-485	881	2	vogel	vogel	PROPN
ftr-485	881	3	dtc	dtc	PROPN
ftr-485	881	4	,	,	PUNCT
ftr-485	881	5	supra	supra	PROPN
ftr-485	881	6	note	note	NOUN
ftr-485	881	7	91	91	NUM
ftr-485	881	8	,	,	PUNCT
ftr-485	881	9	at	at	ADP
ftr-485	881	10	134	134	NUM
ftr-485	881	11	-	-	SYM
ftr-485	881	12	35	35	NUM
ftr-485	881	13	(	(	PUNCT
ftr-485	881	14	enumerating	enumerate	VERB
ftr-485	881	15	literature	literature	NOUN
ftr-485	881	16	on	on	ADP
ftr-485	881	17	the	the	DET
ftr-485	881	18	debate	debate	NOUN
ftr-485	881	19	)	)	PUNCT
ftr-485	881	20	;	;	PUNCT
ftr-485	881	21	the	the	DET
ftr-485	881	22	other	other	ADJ
ftr-485	881	23	leading	lead	VERB
ftr-485	881	24	exposition	exposition	NOUN
ftr-485	881	25	on	on	ADP
ftr-485	881	26	the	the	DET
ftr-485	881	27	qualification	qualification	NOUN
ftr-485	881	28	issue	issue	NOUN
ftr-485	881	29	is	be	AUX
ftr-485	881	30	a.	a.	NOUN
ftr-485	881	31	jones	jones	PROPN
ftr-485	881	32	et	et	PROPN
ftr-485	881	33	al	al	PROPN
ftr-485	881	34	.	.	PROPN
ftr-485	881	35	,	,	PUNCT
ftr-485	881	36	supra	supra	PROPN
ftr-485	881	37	note	note	PROPN
ftr-485	881	38	104	104	NUM
ftr-485	881	39	.	.	PUNCT
ftr-485	882	1	136	136	NUM
ftr-485	882	2	.	.	PUNCT
ftr-485	883	1	1994	1994	NUM
ftr-485	884	1	oecd	oecd	PROPN
ftr-485	884	2	model	model	PROPN
ftr-485	884	3	,	,	PUNCT
ftr-485	884	4	supra	supra	PROPN
ftr-485	884	5	note	note	NOUN
ftr-485	884	6	3	3	NUM
ftr-485	884	7	,	,	PUNCT
ftr-485	884	8	art	art	NOUN
ftr-485	884	9	.	.	PUNCT
ftr-485	885	1	3	3	X
ftr-485	885	2	.	.	X
ftr-485	885	3	para	para	NOUN
ftr-485	885	4	.	.	PUNCT
ftr-485	886	1	2	2	NUM
ftr-485	886	2	:	:	SYM
ftr-485	886	3	1981	1981	NUM
ftr-485	886	4	u.s	u.s	PROPN
ftr-485	886	5	.	.	PROPN
ftr-485	886	6	model	model	PROPN
ftr-485	886	7	,	,	PUNCT
ftr-485	886	8	supra	supra	PROPN
ftr-485	886	9	note	note	NOUN
ftr-485	886	10	95	95	NUM
ftr-485	886	11	,	,	PUNCT
ftr-485	886	12	art	art	NOUN
ftr-485	886	13	.	.	PUNCT
ftr-485	887	1	3	3	X
ftr-485	887	2	,	,	PUNCT
ftr-485	887	3	para	para	NOUN
ftr-485	887	4	.	.	PUNCT
ftr-485	888	1	2	2	X
ftr-485	888	2	.	.	X
ftr-485	888	3	article	article	NOUN
ftr-485	888	4	3(2	3(2	NUM
ftr-485	888	5	)	)	PUNCT
ftr-485	888	6	in	in	ADP
ftr-485	888	7	both	both	DET
ftr-485	888	8	models	model	NOUN
ftr-485	888	9	states	state	VERB
ftr-485	888	10	that	that	SCONJ
ftr-485	888	11	a	a	DET
ftr-485	888	12	term	term	NOUN
ftr-485	888	13	not	not	PART
ftr-485	888	14	defined	define	VERB
ftr-485	888	15	in	in	ADP
ftr-485	888	16	the	the	DET
ftr-485	888	17	treaty	treaty	NOUN
ftr-485	888	18	shall	shall	AUX
ftr-485	888	19	have	have	VERB
ftr-485	888	20	the	the	DET
ftr-485	888	21	meaning	meaning	NOUN
ftr-485	888	22	which	which	PRON
ftr-485	888	23	it	it	PRON
ftr-485	888	24	has	have	VERB
ftr-485	888	25	under	under	ADP
ftr-485	888	26	the	the	DET
ftr-485	888	27	law	law	NOUN
ftr-485	888	28	of	of	ADP
ftr-485	888	29	that	that	DET
ftr-485	888	30	state	state	NOUN
ftr-485	888	31	concerning	concern	VERB
ftr-485	888	32	the	the	DET
ftr-485	888	33	taxes	taxis	NOUN
ftr-485	888	34	to	to	PART
ftr-485	888	35	which	which	PRON
ftr-485	888	36	the	the	DET
ftr-485	888	37	convention	convention	NOUN
ftr-485	888	38	applies	apply	VERB
ftr-485	888	39	.	.	PUNCT
ftr-485	889	1	137	137	NUM
ftr-485	889	2	.	.	PUNCT
ftr-485	890	1	see	see	VERB
ftr-485	890	2	klaus	klaus	PROPN
ftr-485	890	3	vogel	vogel	PROPN
ftr-485	890	4	,	,	PUNCT
ftr-485	890	5	double	double	ADJ
ftr-485	890	6	tax	tax	NOUN
ftr-485	890	7	treaties	treaty	NOUN
ftr-485	890	8	and	and	CCONJ
ftr-485	890	9	their	their	PRON
ftr-485	890	10	interpretation	interpretation	NOUN
ftr-485	890	11	.	.	PUNCT
ftr-485	891	1	4	4	NUM
ftr-485	891	2	int'l	int'l	NOUN
ftr-485	891	3	tax	tax	NOUN
ftr-485	891	4	&	&	CCONJ
ftr-485	891	5	bus	bus	NOUN
ftr-485	891	6	.	.	PUNCT
ftr-485	891	7	law	law	NOUN
ftr-485	891	8	.	.	PUNCT
ftr-485	892	1	1	1	NUM
ftr-485	892	2	(	(	PUNCT
ftr-485	892	3	1986	1986	NUM
ftr-485	892	4	)	)	PUNCT
ftr-485	892	5	.	.	PUNCT
ftr-485	893	1	138	138	NUM
ftr-485	893	2	.	.	PUNCT
ftr-485	894	1	see	see	VERB
ftr-485	894	2	vogel	vogel	PROPN
ftr-485	894	3	dtc	dtc	PROPN
ftr-485	894	4	,	,	PUNCT
ftr-485	894	5	supra	supra	PROPN
ftr-485	894	6	note	note	NOUN
ftr-485	894	7	91	91	NUM
ftr-485	894	8	,	,	PUNCT
ftr-485	894	9	at	at	ADP
ftr-485	894	10	135	135	NUM
ftr-485	894	11	-	-	SYM
ftr-485	894	12	42	42	NUM
ftr-485	894	13	(	(	PUNCT
ftr-485	894	14	supporting	support	VERB
ftr-485	894	15	this	this	DET
ftr-485	894	16	interpretation	interpretation	NOUN
ftr-485	894	17	of	of	ADP
ftr-485	894	18	article	article	NOUN
ftr-485	894	19	3(2	3(2	NUM
ftr-485	894	20	)	)	PUNCT
ftr-485	894	21	and	and	CCONJ
ftr-485	894	22	analyzing	analyze	VERB
ftr-485	894	23	at	at	ADP
ftr-485	894	24	length	length	NOUN
ftr-485	894	25	possible	possible	ADJ
ftr-485	894	26	ways	way	NOUN
ftr-485	894	27	to	to	PART
ftr-485	894	28	avoid	avoid	VERB
ftr-485	894	29	double	double	ADJ
ftr-485	894	30	taxation	taxation	NOUN
ftr-485	894	31	within	within	ADP
ftr-485	894	32	the	the	DET
ftr-485	894	33	context	context	NOUN
ftr-485	894	34	of	of	ADP
ftr-485	894	35	article	article	NOUN
ftr-485	894	36	3(2	3(2	NUM
ftr-485	894	37	)	)	PUNCT
ftr-485	894	38	)	)	PUNCT
ftr-485	894	39	.	.	PUNCT
ftr-485	895	1	139	139	NUM
ftr-485	895	2	.	.	PUNCT
ftr-485	896	1	see	see	VERB
ftr-485	896	2	j.f	j.f	PROPN
ftr-485	896	3	.	.	PROPN
ftr-485	896	4	avery	avery	PROPN
ftr-485	896	5	jones	jones	PROPN
ftr-485	896	6	,	,	PUNCT
ftr-485	896	7	treaty	treaty	NOUN
ftr-485	896	8	interpretations	interpretation	NOUN
ftr-485	896	9	,	,	PUNCT
ftr-485	896	10	aptirc	aptirc	ADJ
ftr-485	896	11	bull	bull	NOUN
ftr-485	896	12	.	.	PUNCT
ftr-485	896	13	,	,	PUNCT
ftr-485	896	14	aug	aug	PROPN
ftr-485	896	15	.	.	PROPN
ftr-485	896	16	1993	1993	NUM
ftr-485	896	17	,	,	PUNCT
ftr-485	896	18	at	at	ADP
ftr-485	896	19	282	282	NUM
ftr-485	896	20	;	;	PUNCT
ftr-485	896	21	jones	jones	PROPN
ftr-485	896	22	et	et	PROPN
ftr-485	896	23	al	al	PROPN
ftr-485	896	24	.	.	PROPN
ftr-485	896	25	,	,	PUNCT
ftr-485	896	26	supra	supra	PROPN
ftr-485	896	27	note	note	PROPN
ftr-485	896	28	104	104	NUM
ftr-485	896	29	.	.	PUNCT
ftr-485	896	30	19951	19951	NUM
ftr-485	897	1	florida	florida	PROPN
ftr-485	897	2	tax	tax	NOUN
ftr-485	897	3	review	review	NOUN
ftr-485	897	4	this	this	PRON
ftr-485	897	5	means	mean	VERB
ftr-485	897	6	that	that	SCONJ
ftr-485	897	7	both	both	DET
ftr-485	897	8	states	state	NOUN
ftr-485	897	9	should	should	AUX
ftr-485	897	10	apply	apply	VERB
ftr-485	897	11	article	article	NOUN
ftr-485	897	12	11	11	NUM
ftr-485	897	13	so	so	SCONJ
ftr-485	897	14	that	that	SCONJ
ftr-485	897	15	the	the	DET
ftr-485	897	16	residence	residence	NOUN
ftr-485	897	17	state	state	NOUN
ftr-485	897	18	credits	credit	VERB
ftr-485	897	19	the	the	DET
ftr-485	897	20	taxes	taxis	NOUN
ftr-485	897	21	paid	pay	VERB
ftr-485	897	22	in	in	ADP
ftr-485	897	23	the	the	DET
ftr-485	897	24	source	source	NOUN
ftr-485	897	25	state	state	NOUN
ftr-485	897	26	,	,	PUNCT
ftr-485	897	27	thereby	thereby	ADV
ftr-485	897	28	avoiding	avoid	VERB
ftr-485	897	29	double	double	ADJ
ftr-485	897	30	taxation	taxation	NOUN
ftr-485	897	31	.	.	PUNCT
ftr-485	898	1	while	while	SCONJ
ftr-485	898	2	this	this	DET
ftr-485	898	3	approach	approach	NOUN
ftr-485	898	4	is	be	AUX
ftr-485	898	5	appealing	appeal	VERB
ftr-485	898	6	in	in	ADP
ftr-485	898	7	that	that	SCONJ
ftr-485	898	8	it	it	PRON
ftr-485	898	9	avoids	avoid	VERB
ftr-485	898	10	double	double	ADJ
ftr-485	898	11	taxation	taxation	NOUN
ftr-485	898	12	,	,	PUNCT
ftr-485	898	13	its	its	PRON
ftr-485	898	14	utility	utility	NOUN
ftr-485	898	15	is	be	AUX
ftr-485	898	16	limited	limit	VERB
ftr-485	898	17	because	because	SCONJ
ftr-485	898	18	it	it	PRON
ftr-485	898	19	is	be	AUX
ftr-485	898	20	unlikely	unlikely	ADJ
ftr-485	898	21	to	to	PART
ftr-485	898	22	be	be	AUX
ftr-485	898	23	followed	follow	VERB
ftr-485	898	24	by	by	ADP
ftr-485	898	25	revenue	revenue	NOUN
ftr-485	898	26	authorities	authority	NOUN
ftr-485	898	27	,	,	PUNCT
ftr-485	898	28	particularly	particularly	ADV
ftr-485	898	29	in	in	ADP
ftr-485	898	30	the	the	DET
ftr-485	898	31	case	case	NOUN
ftr-485	898	32	of	of	ADP
ftr-485	898	33	swaps	swap	NOUN
ftr-485	898	34	with	with	ADP
ftr-485	898	35	large	large	ADJ
ftr-485	898	36	nonperiodic	nonperiodic	ADJ
ftr-485	898	37	payments	payment	NOUN
ftr-485	898	38	.	.	PUNCT
ftr-485	899	1	by	by	ADP
ftr-485	899	2	accepting	accept	VERB
ftr-485	899	3	the	the	DET
ftr-485	899	4	source	source	NOUN
ftr-485	899	5	state	state	NOUN
ftr-485	899	6	's	's	PART
ftr-485	899	7	qualification	qualification	NOUN
ftr-485	899	8	,	,	PUNCT
ftr-485	899	9	the	the	DET
ftr-485	899	10	residence	residence	NOUN
ftr-485	899	11	state	state	NOUN
ftr-485	899	12	effectively	effectively	ADV
ftr-485	899	13	cedes	cede	VERB
ftr-485	899	14	its	its	PRON
ftr-485	899	15	sovereignty	sovereignty	NOUN
ftr-485	899	16	.	.	PUNCT
ftr-485	900	1	while	while	SCONJ
ftr-485	900	2	this	this	PRON
ftr-485	900	3	is	be	AUX
ftr-485	900	4	conceivable	conceivable	ADJ
ftr-485	900	5	in	in	ADP
ftr-485	900	6	simpler	simple	ADJ
ftr-485	900	7	cases	case	NOUN
ftr-485	900	8	,	,	PUNCT
ftr-485	900	9	such	such	ADJ
ftr-485	900	10	as	as	ADP
ftr-485	900	11	where	where	SCONJ
ftr-485	900	12	the	the	DET
ftr-485	900	13	source	source	NOUN
ftr-485	900	14	state	state	NOUN
ftr-485	900	15	merely	merely	ADV
ftr-485	900	16	has	have	AUX
ftr-485	900	17	a	a	DET
ftr-485	900	18	broader	broad	ADJ
ftr-485	900	19	definition	definition	NOUN
ftr-485	900	20	of	of	ADP
ftr-485	900	21	a	a	DET
ftr-485	900	22	term	term	NOUN
ftr-485	900	23	so	so	SCONJ
ftr-485	900	24	that	that	SCONJ
ftr-485	900	25	acceptance	acceptance	NOUN
ftr-485	900	26	of	of	ADP
ftr-485	900	27	the	the	DET
ftr-485	900	28	source	source	NOUN
ftr-485	900	29	state	state	NOUN
ftr-485	900	30	's	's	PART
ftr-485	900	31	qualification	qualification	NOUN
ftr-485	900	32	is	be	AUX
ftr-485	900	33	not	not	PART
ftr-485	900	34	a	a	DET
ftr-485	900	35	great	great	ADJ
ftr-485	900	36	infringement	infringement	NOUN
ftr-485	900	37	on	on	ADP
ftr-485	900	38	the	the	DET
ftr-485	900	39	residence	residence	NOUN
ftr-485	900	40	state	state	NOUN
ftr-485	900	41	's	's	PART
ftr-485	900	42	authority	authority	NOUN
ftr-485	900	43	,	,	PUNCT
ftr-485	900	44	the	the	DET
ftr-485	900	45	process	process	NOUN
ftr-485	900	46	used	use	VERB
ftr-485	900	47	by	by	ADP
ftr-485	900	48	the	the	DET
ftr-485	900	49	source	source	NOUN
ftr-485	900	50	state	state	NOUN
ftr-485	900	51	to	to	PART
ftr-485	900	52	arrive	arrive	VERB
ftr-485	900	53	at	at	ADP
ftr-485	900	54	the	the	DET
ftr-485	900	55	interest	interest	NOUN
ftr-485	900	56	qualification	qualification	NOUN
ftr-485	900	57	of	of	ADP
ftr-485	900	58	substantial	substantial	ADJ
ftr-485	900	59	nonperiodic	nonperiodic	ADJ
ftr-485	900	60	payments	payment	NOUN
ftr-485	900	61	is	be	AUX
ftr-485	900	62	more	more	ADV
ftr-485	900	63	complicated	complicated	ADJ
ftr-485	900	64	.	.	PUNCT
ftr-485	901	1	40	40	NUM
ftr-485	901	2	the	the	DET
ftr-485	901	3	complexity	complexity	NOUN
ftr-485	901	4	of	of	ADP
ftr-485	901	5	the	the	DET
ftr-485	901	6	recharacterization	recharacterization	ADJ
ftr-485	901	7	procedure	procedure	NOUN
ftr-485	901	8	and	and	CCONJ
ftr-485	901	9	its	its	PRON
ftr-485	901	10	extreme	extreme	ADJ
ftr-485	901	11	subjectivity	subjectivity	NOUN
ftr-485	901	12	make	make	VERB
ftr-485	901	13	this	this	DET
ftr-485	901	14	interpretation	interpretation	NOUN
ftr-485	901	15	of	of	ADP
ftr-485	901	16	article	article	NOUN
ftr-485	901	17	3(2	3(2	NUM
ftr-485	901	18	)	)	PUNCT
ftr-485	901	19	inappropriate	inappropriate	ADJ
ftr-485	901	20	as	as	ADV
ftr-485	901	21	well	well	ADV
ftr-485	901	22	as	as	ADP
ftr-485	901	23	unlikely	unlikely	ADJ
ftr-485	901	24	to	to	PART
ftr-485	901	25	find	find	VERB
ftr-485	901	26	acceptance	acceptance	NOUN
ftr-485	901	27	.	.	PUNCT
ftr-485	902	1	as	as	SCONJ
ftr-485	902	2	neither	neither	DET
ftr-485	902	3	approach	approach	NOUN
ftr-485	902	4	to	to	ADP
ftr-485	902	5	article	article	NOUN
ftr-485	902	6	3(2	3(2	NUM
ftr-485	902	7	)	)	PUNCT
ftr-485	902	8	effectively	effectively	ADV
ftr-485	902	9	eliminates	eliminate	VERB
ftr-485	902	10	double	double	ADJ
ftr-485	902	11	taxation	taxation	NOUN
ftr-485	902	12	of	of	ADP
ftr-485	902	13	payments	payment	NOUN
ftr-485	902	14	under	under	ADP
ftr-485	902	15	a	a	DET
ftr-485	902	16	swap	swap	NOUN
ftr-485	902	17	with	with	ADP
ftr-485	902	18	a	a	DET
ftr-485	902	19	recharacterized	recharacterize	VERB
ftr-485	902	20	nonperiodic	nonperiodic	ADJ
ftr-485	902	21	payment	payment	NOUN
ftr-485	902	22	,	,	PUNCT
ftr-485	902	23	the	the	DET
ftr-485	902	24	mutual	mutual	ADJ
ftr-485	902	25	agreement	agreement	NOUN
ftr-485	902	26	procedure	procedure	NOUN
ftr-485	902	27	found	find	VERB
ftr-485	902	28	in	in	ADP
ftr-485	902	29	most	most	ADJ
ftr-485	902	30	treaties	treaty	NOUN
ftr-485	902	31	could	could	AUX
ftr-485	902	32	be	be	AUX
ftr-485	902	33	used	use	VERB
ftr-485	902	34	in	in	ADP
ftr-485	902	35	an	an	DET
ftr-485	902	36	effort	effort	NOUN
ftr-485	902	37	to	to	PART
ftr-485	902	38	resolve	resolve	VERB
ftr-485	902	39	the	the	DET
ftr-485	902	40	problem	problem	NOUN
ftr-485	902	41	.	.	PUNCT
ftr-485	903	1	however	however	ADV
ftr-485	903	2	,	,	PUNCT
ftr-485	903	3	as	as	SCONJ
ftr-485	903	4	seen	see	VERB
ftr-485	903	5	in	in	ADP
ftr-485	903	6	the	the	DET
ftr-485	903	7	next	next	ADJ
ftr-485	903	8	section	section	NOUN
ftr-485	903	9	,	,	PUNCT
ftr-485	903	10	this	this	DET
ftr-485	903	11	procedure	procedure	NOUN
ftr-485	903	12	may	may	AUX
ftr-485	903	13	also	also	ADV
ftr-485	903	14	be	be	AUX
ftr-485	903	15	of	of	ADP
ftr-485	903	16	limited	limited	ADJ
ftr-485	903	17	effectiveness	effectiveness	NOUN
ftr-485	903	18	with	with	ADP
ftr-485	903	19	respect	respect	NOUN
ftr-485	903	20	to	to	ADP
ftr-485	903	21	income	income	NOUN
ftr-485	903	22	under	under	ADP
ftr-485	903	23	a	a	DET
ftr-485	903	24	swap	swap	NOUN
ftr-485	903	25	with	with	ADP
ftr-485	903	26	a	a	DET
ftr-485	903	27	large	large	ADJ
ftr-485	903	28	nonperiodic	nonperiodic	ADJ
ftr-485	903	29	payment	payment	NOUN
ftr-485	903	30	.	.	PUNCT
ftr-485	904	1	g.	g.	PROPN
ftr-485	904	2	mutual	mutual	ADJ
ftr-485	904	3	agreement	agreement	NOUN
ftr-485	904	4	procedures	procedure	NOUN
ftr-485	904	5	most	most	ADJ
ftr-485	904	6	double	double	ADJ
ftr-485	904	7	taxation	taxation	NOUN
ftr-485	904	8	treaties	treaty	NOUN
ftr-485	904	9	provide	provide	VERB
ftr-485	904	10	for	for	ADP
ftr-485	904	11	a	a	DET
ftr-485	904	12	mutual	mutual	ADJ
ftr-485	904	13	agreement	agreement	NOUN
ftr-485	904	14	procedure	procedure	NOUN
ftr-485	904	15	(	(	PUNCT
ftr-485	904	16	article	article	NOUN
ftr-485	904	17	25	25	NUM
ftr-485	904	18	of	of	ADP
ftr-485	904	19	the	the	DET
ftr-485	904	20	model	model	NOUN
ftr-485	904	21	conventions	convention	NOUN
ftr-485	904	22	)	)	PUNCT
ftr-485	904	23	,	,	PUNCT
ftr-485	904	24	which	which	PRON
ftr-485	904	25	entitles	entitle	VERB
ftr-485	904	26	a	a	DET
ftr-485	904	27	taxpayer	taxpayer	NOUN
ftr-485	904	28	to	to	PART
ftr-485	904	29	request	request	VERB
ftr-485	904	30	that	that	SCONJ
ftr-485	904	31	the	the	DET
ftr-485	904	32	competent	competent	ADJ
ftr-485	904	33	revenue	revenue	NOUN
ftr-485	904	34	authorities	authority	NOUN
ftr-485	904	35	of	of	ADP
ftr-485	904	36	the	the	DET
ftr-485	904	37	two	two	NUM
ftr-485	904	38	states	state	NOUN
ftr-485	904	39	consult	consult	VERB
ftr-485	904	40	on	on	ADP
ftr-485	904	41	the	the	DET
ftr-485	904	42	taxpayer	taxpayer	NOUN
ftr-485	904	43	's	's	PART
ftr-485	904	44	situation	situation	NOUN
ftr-485	904	45	if	if	SCONJ
ftr-485	904	46	the	the	DET
ftr-485	904	47	taxpayer	taxpayer	NOUN
ftr-485	904	48	feels	feel	VERB
ftr-485	904	49	that	that	SCONJ
ftr-485	904	50	it	it	PRON
ftr-485	904	51	is	be	AUX
ftr-485	904	52	being	be	AUX
ftr-485	904	53	taxed	tax	VERB
ftr-485	904	54	"	"	PUNCT
ftr-485	904	55	not	not	PART
ftr-485	904	56	in	in	ADP
ftr-485	904	57	accordance	accordance	NOUN
ftr-485	904	58	with	with	ADP
ftr-485	904	59	the	the	DET
ftr-485	904	60	provisions	provision	NOUN
ftr-485	904	61	"	"	PUNCT
ftr-485	904	62	of	of	ADP
ftr-485	904	63	the	the	DET
ftr-485	904	64	tax	tax	NOUN
ftr-485	904	65	treaty	treaty	NOUN
ftr-485	904	66	.	.	PUNCT
ftr-485	905	1	4	4	NUM
ftr-485	905	2	'	'	PART
ftr-485	905	3	juridical	juridical	ADJ
ftr-485	905	4	double	double	ADJ
ftr-485	905	5	taxation	taxation	NOUN
ftr-485	905	6	qualifies	qualify	VERB
ftr-485	905	7	as	as	ADP
ftr-485	905	8	taxation	taxation	NOUN
ftr-485	905	9	"	"	PUNCT
ftr-485	905	10	not	not	PART
ftr-485	905	11	in	in	ADP
ftr-485	905	12	accordance	accordance	NOUN
ftr-485	905	13	"	"	PUNCT
ftr-485	905	14	with	with	ADP
ftr-485	905	15	the	the	DET
ftr-485	905	16	treaty	treaty	NOUN
ftr-485	905	17	.	.	PUNCT
ftr-485	906	1	'42	'42	NUM
ftr-485	906	2	as	as	SCONJ
ftr-485	906	3	mentioned	mention	VERB
ftr-485	906	4	previously	previously	ADV
ftr-485	906	5	in	in	ADP
ftr-485	906	6	part	part	NOUN
ftr-485	906	7	vii	vii	PROPN
ftr-485	906	8	,	,	PUNCT
ftr-485	906	9	the	the	DET
ftr-485	906	10	swap	swap	NOUN
ftr-485	906	11	-	-	PUNCT
ftr-485	906	12	based	base	VERB
ftr-485	906	13	recharacterized	recharacterize	VERB
ftr-485	906	14	interest	interest	NOUN
ftr-485	906	15	payment	payment	NOUN
ftr-485	906	16	to	to	ADP
ftr-485	906	17	taxpayer	taxpayer	NOUN
ftr-485	906	18	m	m	VERB
ftr-485	906	19	is	be	AUX
ftr-485	906	20	subject	subject	ADJ
ftr-485	906	21	to	to	ADP
ftr-485	906	22	juridical	juridical	ADJ
ftr-485	906	23	double	double	ADJ
ftr-485	906	24	taxation	taxation	NOUN
ftr-485	906	25	.	.	PUNCT
ftr-485	907	1	that	that	PRON
ftr-485	907	2	is	is	ADV
ftr-485	907	3	,	,	PUNCT
ftr-485	907	4	tax	tax	NOUN
ftr-485	907	5	is	be	AUX
ftr-485	907	6	withheld	withhold	VERB
ftr-485	907	7	in	in	ADP
ftr-485	907	8	the	the	DET
ftr-485	907	9	source	source	NOUN
ftr-485	907	10	state	state	NOUN
ftr-485	907	11	from	from	ADP
ftr-485	907	12	the	the	DET
ftr-485	907	13	interest	interest	NOUN
ftr-485	907	14	-	-	PUNCT
ftr-485	907	15	which	which	PRON
ftr-485	907	16	is	be	AUX
ftr-485	907	17	part	part	NOUN
ftr-485	907	18	of	of	ADP
ftr-485	907	19	m	m	PROPN
ftr-485	907	20	's	's	PART
ftr-485	907	21	profits	profit	NOUN
ftr-485	907	22	from	from	ADP
ftr-485	907	23	the	the	DET
ftr-485	907	24	underlying	underlie	VERB
ftr-485	907	25	swap	swap	NOUN
ftr-485	907	26	transaction	transaction	NOUN
ftr-485	907	27	-	-	PUNCT
ftr-485	907	28	and	and	CCONJ
ftr-485	907	29	the	the	DET
ftr-485	907	30	income	income	NOUN
ftr-485	907	31	is	be	AUX
ftr-485	907	32	taxed	tax	VERB
ftr-485	907	33	again	again	ADV
ftr-485	907	34	in	in	ADP
ftr-485	907	35	m	m	PROPN
ftr-485	907	36	's	's	PART
ftr-485	907	37	state	state	NOUN
ftr-485	907	38	of	of	ADP
ftr-485	907	39	residence	residence	NOUN
ftr-485	907	40	.	.	PUNCT
ftr-485	908	1	43	43	NUM
ftr-485	908	2	140	140	NUM
ftr-485	908	3	.	.	PUNCT
ftr-485	909	1	see	see	VERB
ftr-485	909	2	supra	supra	PROPN
ftr-485	909	3	parts	parts	PROPN
ftr-485	909	4	ii	ii	PROPN
ftr-485	909	5	-	-	PUNCT
ftr-485	909	6	v	v	NOUN
ftr-485	909	7	on	on	ADP
ftr-485	909	8	the	the	DET
ftr-485	909	9	recharacterization	recharacterization	NOUN
ftr-485	909	10	process	process	NOUN
ftr-485	909	11	in	in	ADP
ftr-485	909	12	the	the	DET
ftr-485	909	13	united	united	PROPN
ftr-485	909	14	states	states	PROPN
ftr-485	909	15	.	.	PUNCT
ftr-485	910	1	141	141	NUM
ftr-485	910	2	.	.	X
ftr-485	910	3	1994	1994	NUM
ftr-485	911	1	oecd	oecd	PROPN
ftr-485	911	2	model	model	PROPN
ftr-485	911	3	,	,	PUNCT
ftr-485	911	4	supra	supra	PROPN
ftr-485	911	5	note	note	NOUN
ftr-485	911	6	3	3	NUM
ftr-485	911	7	,	,	PUNCT
ftr-485	911	8	art	art	NOUN
ftr-485	911	9	.	.	PUNCT
ftr-485	912	1	25	25	NUM
ftr-485	912	2	,	,	PUNCT
ftr-485	912	3	para	para	NOUN
ftr-485	912	4	.	.	PUNCT
ftr-485	913	1	1	1	NUM
ftr-485	913	2	.	.	NUM
ftr-485	913	3	142	142	NUM
ftr-485	913	4	.	.	PUNCT
ftr-485	914	1	see	see	VERB
ftr-485	914	2	j.f	j.f	PROPN
ftr-485	914	3	.	.	PROPN
ftr-485	914	4	avery	avery	PROPN
ftr-485	914	5	jones	jones	PROPN
ftr-485	914	6	et	et	PROPN
ftr-485	914	7	al	al	PROPN
ftr-485	914	8	.	.	PROPN
ftr-485	914	9	,	,	PUNCT
ftr-485	914	10	the	the	DET
ftr-485	914	11	legal	legal	ADJ
ftr-485	914	12	nature	nature	NOUN
ftr-485	914	13	of	of	ADP
ftr-485	914	14	the	the	DET
ftr-485	914	15	mutual	mutual	ADJ
ftr-485	914	16	agreement	agreement	NOUN
ftr-485	914	17	procedure	procedure	NOUN
ftr-485	914	18	under	under	ADP
ftr-485	914	19	the	the	DET
ftr-485	914	20	oecd	oecd	PROPN
ftr-485	914	21	model	model	PROPN
ftr-485	914	22	convention	convention	PROPN
ftr-485	914	23	-	-	PUNCT
ftr-485	914	24	i	i	PROPN
ftr-485	914	25	,	,	PUNCT
ftr-485	914	26	1979	1979	NUM
ftr-485	914	27	brit	brit	NOUN
ftr-485	914	28	.	.	PUNCT
ftr-485	915	1	tax	tax	NOUN
ftr-485	915	2	rev	rev	PROPN
ftr-485	915	3	.	.	PROPN
ftr-485	915	4	333	333	NUM
ftr-485	915	5	,	,	PUNCT
ftr-485	915	6	336	336	NUM
ftr-485	915	7	;	;	PUNCT
ftr-485	915	8	sanford	sanford	PROPN
ftr-485	915	9	h.	h.	PROPN
ftr-485	915	10	goldberg	goldberg	PROPN
ftr-485	915	11	,	,	PUNCT
ftr-485	915	12	competent	competent	ADJ
ftr-485	915	13	authority	authority	NOUN
ftr-485	915	14	,	,	PUNCT
ftr-485	915	15	40	40	NUM
ftr-485	915	16	bull	bull	NOUN
ftr-485	915	17	.	.	PUNCT
ftr-485	916	1	int'l	int'l	ADP
ftr-485	916	2	fiscal	fiscal	ADJ
ftr-485	916	3	documentation	documentation	NOUN
ftr-485	916	4	,	,	PUNCT
ftr-485	916	5	431	431	NUM
ftr-485	916	6	,	,	PUNCT
ftr-485	916	7	433	433	NUM
ftr-485	916	8	(	(	PUNCT
ftr-485	916	9	1986	1986	NUM
ftr-485	916	10	)	)	PUNCT
ftr-485	916	11	;	;	PUNCT
ftr-485	916	12	vogel	vogel	PROPN
ftr-485	916	13	et	et	PROPN
ftr-485	916	14	al	al	PROPN
ftr-485	916	15	.	.	PROPN
ftr-485	916	16	,	,	PUNCT
ftr-485	916	17	usit	usit	ADJ
ftr-485	916	18	'	'	PUNCT
ftr-485	916	19	,	,	PUNCT
ftr-485	916	20	supra	supra	PROPN
ftr-485	916	21	note	note	NOUN
ftr-485	916	22	129	129	NUM
ftr-485	916	23	,	,	PUNCT
ftr-485	916	24	at	at	ADP
ftr-485	916	25	25	25	NUM
ftr-485	916	26	-	-	SYM
ftr-485	916	27	71	71	NUM
ftr-485	916	28	(	(	PUNCT
ftr-485	916	29	pointing	point	VERB
ftr-485	916	30	out	out	ADP
ftr-485	916	31	that	that	SCONJ
ftr-485	916	32	article	article	NOUN
ftr-485	916	33	25	25	NUM
ftr-485	916	34	does	do	AUX
ftr-485	916	35	not	not	PART
ftr-485	916	36	apply	apply	VERB
ftr-485	916	37	in	in	ADP
ftr-485	916	38	certain	certain	ADJ
ftr-485	916	39	cases	case	NOUN
ftr-485	916	40	where	where	SCONJ
ftr-485	916	41	the	the	DET
ftr-485	916	42	treaty	treaty	NOUN
ftr-485	916	43	acknowledges	acknowledge	VERB
ftr-485	916	44	that	that	SCONJ
ftr-485	916	45	double	double	ADJ
ftr-485	916	46	taxation	taxation	NOUN
ftr-485	916	47	is	be	AUX
ftr-485	916	48	possible	possible	ADJ
ftr-485	916	49	)	)	PUNCT
ftr-485	916	50	.	.	PUNCT
ftr-485	917	1	143	143	X
ftr-485	917	2	.	.	PUNCT
ftr-485	918	1	this	this	PRON
ftr-485	918	2	is	be	AUX
ftr-485	918	3	a	a	DET
ftr-485	918	4	case	case	NOUN
ftr-485	918	5	of	of	ADP
ftr-485	918	6	juridical	juridical	ADJ
ftr-485	918	7	double	double	ADJ
ftr-485	918	8	taxation	taxation	NOUN
ftr-485	918	9	even	even	ADV
ftr-485	918	10	if	if	SCONJ
ftr-485	918	11	the	the	DET
ftr-485	918	12	swap	swap	NOUN
ftr-485	918	13	contract	contract	NOUN
ftr-485	918	14	contains	contain	VERB
ftr-485	918	15	a	a	DET
ftr-485	918	16	gross	gross	ADJ
ftr-485	918	17	-	-	PUNCT
ftr-485	918	18	up	up	ADP
ftr-485	918	19	clause	clause	NOUN
ftr-485	918	20	.	.	PUNCT
ftr-485	919	1	such	such	DET
ftr-485	919	2	a	a	DET
ftr-485	919	3	clause	clause	NOUN
ftr-485	919	4	is	be	AUX
ftr-485	919	5	merely	merely	ADV
ftr-485	919	6	a	a	DET
ftr-485	919	7	contractual	contractual	ADJ
ftr-485	919	8	arrangement	arrangement	NOUN
ftr-485	919	9	between	between	ADP
ftr-485	919	10	the	the	DET
ftr-485	919	11	counter[vol	counter[vol	NOUN
ftr-485	919	12	2:11	2:11	NUM
ftr-485	919	13	the	the	DET
ftr-485	919	14	rechtaracterization	rechtaracterization	NOUN
ftr-485	919	15	of	of	ADP
ftr-485	919	16	cross	cross	ADJ
ftr-485	919	17	-	-	ADJ
ftr-485	919	18	border	border	ADJ
ftr-485	919	19	interest	interest	NOUN
ftr-485	919	20	rate	rate	NOUN
ftr-485	919	21	swaps	swap	NOUN
ftr-485	919	22	1	1	NUM
ftr-485	919	23	.	.	PUNCT
ftr-485	920	1	availability.-a	availability.-a	PROPN
ftr-485	920	2	taxpayer	taxpayer	NOUN
ftr-485	920	3	may	may	AUX
ftr-485	920	4	apply	apply	VERB
ftr-485	920	5	for	for	ADP
ftr-485	920	6	a	a	DET
ftr-485	920	7	mutual	mutual	ADJ
ftr-485	920	8	agreement	agreement	NOUN
ftr-485	920	9	procedure	procedure	NOUN
ftr-485	920	10	to	to	ADP
ftr-485	920	11	the	the	DET
ftr-485	920	12	competent	competent	ADJ
ftr-485	920	13	authority	authority	NOUN
ftr-485	920	14	of	of	ADP
ftr-485	920	15	its	its	PRON
ftr-485	920	16	state	state	NOUN
ftr-485	920	17	of	of	ADP
ftr-485	920	18	residence	residence	NOUN
ftr-485	920	19	.	.	PUNCT
ftr-485	920	20	"	"	PUNCT
ftr-485	921	1	this	this	PRON
ftr-485	921	2	generally	generally	ADV
ftr-485	921	3	means	mean	VERB
ftr-485	921	4	that	that	SCONJ
ftr-485	921	5	interest	interest	NOUN
ftr-485	921	6	recipient	recipient	NOUN
ftr-485	921	7	m	m	PROPN
ftr-485	921	8	,	,	PUNCT
ftr-485	921	9	as	as	ADP
ftr-485	921	10	the	the	DET
ftr-485	921	11	party	party	NOUN
ftr-485	921	12	whose	whose	DET
ftr-485	921	13	profits	profit	NOUN
ftr-485	921	14	are	be	AUX
ftr-485	921	15	subject	subject	ADJ
ftr-485	921	16	to	to	ADP
ftr-485	921	17	double	double	ADJ
ftr-485	921	18	taxation	taxation	NOUN
ftr-485	921	19	,	,	PUNCT
ftr-485	921	20	must	must	AUX
ftr-485	921	21	apply	apply	VERB
ftr-485	921	22	to	to	ADP
ftr-485	921	23	the	the	DET
ftr-485	921	24	competent	competent	ADJ
ftr-485	921	25	authority	authority	NOUN
ftr-485	921	26	of	of	ADP
ftr-485	921	27	m	m	PROPN
ftr-485	921	28	's	's	PART
ftr-485	921	29	state	state	NOUN
ftr-485	921	30	of	of	ADP
ftr-485	921	31	residence	residence	NOUN
ftr-485	921	32	-	-	PUNCT
ftr-485	921	33	not	not	PART
ftr-485	921	34	to	to	ADP
ftr-485	921	35	the	the	DET
ftr-485	921	36	authority	authority	NOUN
ftr-485	921	37	of	of	ADP
ftr-485	921	38	the	the	DET
ftr-485	921	39	state	state	NOUN
ftr-485	921	40	imposing	impose	VERB
ftr-485	921	41	the	the	DET
ftr-485	921	42	withholding	withholding	NOUN
ftr-485	921	43	tax	tax	NOUN
ftr-485	921	44	(	(	PUNCT
ftr-485	921	45	the	the	DET
ftr-485	921	46	united	united	PROPN
ftr-485	921	47	states	states	PROPN
ftr-485	921	48	in	in	ADP
ftr-485	921	49	the	the	DET
ftr-485	921	50	example	example	NOUN
ftr-485	921	51	)	)	PUNCT
ftr-485	921	52	.	.	PUNCT
ftr-485	922	1	4	4	NUM
ftr-485	922	2	5	5	NUM
ftr-485	922	3	if	if	SCONJ
ftr-485	922	4	m	m	NOUN
ftr-485	922	5	believes	believe	VERB
ftr-485	922	6	that	that	SCONJ
ftr-485	922	7	it	it	PRON
ftr-485	922	8	is	be	AUX
ftr-485	922	9	being	be	AUX
ftr-485	922	10	taxed	tax	VERB
ftr-485	922	11	not	not	PART
ftr-485	922	12	in	in	ADP
ftr-485	922	13	accordance	accordance	NOUN
ftr-485	922	14	with	with	ADP
ftr-485	922	15	the	the	DET
ftr-485	922	16	treaty	treaty	NOUN
ftr-485	922	17	,	,	PUNCT
ftr-485	922	18	it	it	PRON
ftr-485	922	19	may	may	AUX
ftr-485	922	20	apply	apply	VERB
ftr-485	922	21	for	for	ADP
ftr-485	922	22	a	a	DET
ftr-485	922	23	"	"	PUNCT
ftr-485	922	24	specific	specific	ADJ
ftr-485	922	25	case	case	NOUN
ftr-485	922	26	"	"	PUNCT
ftr-485	922	27	type	type	NOUN
ftr-485	922	28	of	of	ADP
ftr-485	922	29	mutual	mutual	ADJ
ftr-485	922	30	agreement	agreement	NOUN
ftr-485	922	31	procedure	procedure	NOUN
ftr-485	922	32	.	.	PUNCT
ftr-485	923	1	this	this	DET
ftr-485	923	2	type	type	NOUN
ftr-485	923	3	allows	allow	VERB
ftr-485	923	4	the	the	DET
ftr-485	923	5	competent	competent	ADJ
ftr-485	923	6	authorities	authority	NOUN
ftr-485	923	7	the	the	DET
ftr-485	923	8	broadest	broad	ADJ
ftr-485	923	9	discretion	discretion	NOUN
ftr-485	923	10	in	in	ADP
ftr-485	923	11	deviating	deviate	VERB
ftr-485	923	12	from	from	ADP
ftr-485	923	13	national	national	ADJ
ftr-485	923	14	law	law	NOUN
ftr-485	923	15	in	in	ADP
ftr-485	923	16	an	an	DET
ftr-485	923	17	effort	effort	NOUN
ftr-485	923	18	to	to	PART
ftr-485	923	19	alleviate	alleviate	VERB
ftr-485	923	20	double	double	ADJ
ftr-485	923	21	taxation	taxation	NOUN
ftr-485	923	22	.	.	PUNCT
ftr-485	923	23	'	'	PUNCT
ftr-485	924	1	46	46	NUM
ftr-485	924	2	any	any	DET
ftr-485	924	3	relief	relief	NOUN
ftr-485	924	4	granted	grant	VERB
ftr-485	924	5	is	be	AUX
ftr-485	924	6	generally	generally	ADV
ftr-485	924	7	only	only	ADV
ftr-485	924	8	applicable	applicable	ADJ
ftr-485	924	9	to	to	ADP
ftr-485	924	10	the	the	DET
ftr-485	924	11	particular	particular	ADJ
ftr-485	924	12	case	case	NOUN
ftr-485	924	13	.	.	PUNCT
ftr-485	925	1	however	however	ADV
ftr-485	925	2	,	,	PUNCT
ftr-485	925	3	relief	relief	NOUN
ftr-485	925	4	is	be	AUX
ftr-485	925	5	not	not	PART
ftr-485	925	6	guaranteed	guarantee	VERB
ftr-485	925	7	,	,	PUNCT
ftr-485	925	8	and	and	CCONJ
ftr-485	925	9	there	there	PRON
ftr-485	925	10	are	be	VERB
ftr-485	925	11	potential	potential	ADJ
ftr-485	925	12	drawbacks	drawback	NOUN
ftr-485	925	13	to	to	PART
ftr-485	925	14	consider.147	consider.147	VERB
ftr-485	925	15	two	two	NUM
ftr-485	925	16	other	other	ADJ
ftr-485	925	17	types	type	NOUN
ftr-485	925	18	of	of	ADP
ftr-485	925	19	mutual	mutual	ADJ
ftr-485	925	20	agreement	agreement	NOUN
ftr-485	925	21	procedure	procedure	NOUN
ftr-485	925	22	are	be	AUX
ftr-485	925	23	established	establish	VERB
ftr-485	925	24	in	in	ADP
ftr-485	925	25	article	article	NOUN
ftr-485	925	26	25.1	25.1	NUM
ftr-485	925	27	'	'	PUNCT
ftr-485	925	28	these	these	PRON
ftr-485	925	29	are	be	AUX
ftr-485	925	30	the	the	DET
ftr-485	925	31	interpretative	interpretative	ADJ
ftr-485	925	32	provision	provision	NOUN
ftr-485	925	33	and	and	CCONJ
ftr-485	925	34	the	the	DET
ftr-485	925	35	legislative	legislative	ADJ
ftr-485	925	36	provision	provision	NOUN
ftr-485	925	37	.	.	PUNCT
ftr-485	926	1	t49	t49	NOUN
ftr-485	926	2	they	they	PRON
ftr-485	926	3	provide	provide	VERB
ftr-485	926	4	the	the	DET
ftr-485	926	5	competent	competent	ADJ
ftr-485	926	6	authority	authority	NOUN
ftr-485	926	7	with	with	ADP
ftr-485	926	8	less	less	ADJ
ftr-485	926	9	flexibility	flexibility	NOUN
ftr-485	926	10	than	than	ADP
ftr-485	926	11	parties	party	NOUN
ftr-485	926	12	establishing	establish	VERB
ftr-485	926	13	which	which	DET
ftr-485	926	14	one	one	NUM
ftr-485	926	15	of	of	ADP
ftr-485	926	16	them	they	PRON
ftr-485	926	17	will	will	AUX
ftr-485	926	18	bear	bear	VERB
ftr-485	926	19	the	the	DET
ftr-485	926	20	cost	cost	NOUN
ftr-485	926	21	of	of	ADP
ftr-485	926	22	the	the	DET
ftr-485	926	23	withholding	withholding	NOUN
ftr-485	926	24	tax	tax	NOUN
ftr-485	926	25	on	on	ADP
ftr-485	926	26	swap	swap	NOUN
ftr-485	926	27	payments	payment	NOUN
ftr-485	926	28	.	.	PUNCT
ftr-485	927	1	in	in	ADP
ftr-485	927	2	any	any	DET
ftr-485	927	3	event	event	NOUN
ftr-485	927	4	,	,	PUNCT
ftr-485	927	5	because	because	SCONJ
ftr-485	927	6	of	of	ADP
ftr-485	927	7	the	the	DET
ftr-485	927	8	widespread	widespread	ADJ
ftr-485	927	9	acceptance	acceptance	NOUN
ftr-485	927	10	of	of	ADP
ftr-485	927	11	economic	economic	ADJ
ftr-485	927	12	double	double	ADJ
ftr-485	927	13	taxation	taxation	NOUN
ftr-485	927	14	as	as	ADP
ftr-485	927	15	a	a	DET
ftr-485	927	16	basis	basis	NOUN
ftr-485	927	17	for	for	ADP
ftr-485	927	18	invoking	invoke	VERB
ftr-485	927	19	a	a	DET
ftr-485	927	20	mutual	mutual	ADJ
ftr-485	927	21	agreement	agreement	NOUN
ftr-485	927	22	procedure	procedure	NOUN
ftr-485	927	23	(	(	PUNCT
ftr-485	927	24	as	as	ADP
ftr-485	927	25	in	in	ADP
ftr-485	927	26	the	the	DET
ftr-485	927	27	case	case	NOUN
ftr-485	927	28	of	of	ADP
ftr-485	927	29	transfer	transfer	NOUN
ftr-485	927	30	pricing	pricing	NOUN
ftr-485	927	31	)	)	PUNCT
ftr-485	927	32	,	,	PUNCT
ftr-485	927	33	the	the	DET
ftr-485	927	34	double	double	ADJ
ftr-485	927	35	taxation	taxation	NOUN
ftr-485	927	36	discussed	discuss	VERB
ftr-485	927	37	in	in	ADP
ftr-485	927	38	this	this	DET
ftr-485	927	39	paper	paper	NOUN
ftr-485	927	40	qualifies	qualify	VERB
ftr-485	927	41	for	for	ADP
ftr-485	927	42	article	article	NOUN
ftr-485	927	43	25	25	NUM
ftr-485	927	44	.	.	PUNCT
ftr-485	928	1	144	144	NUM
ftr-485	928	2	.	.	NOUN
ftr-485	928	3	1994	1994	NUM
ftr-485	929	1	oecd	oecd	PROPN
ftr-485	929	2	model	model	PROPN
ftr-485	929	3	,	,	PUNCT
ftr-485	929	4	supra	supra	PROPN
ftr-485	929	5	note	note	NOUN
ftr-485	929	6	3	3	NUM
ftr-485	929	7	,	,	PUNCT
ftr-485	929	8	art	art	NOUN
ftr-485	929	9	.	.	PUNCT
ftr-485	930	1	25	25	NUM
ftr-485	930	2	,	,	PUNCT
ftr-485	930	3	para	para	NOUN
ftr-485	930	4	.	.	PUNCT
ftr-485	931	1	1	1	NUM
ftr-485	931	2	;	;	PUNCT
ftr-485	931	3	1981	1981	NUM
ftr-485	931	4	u.s	u.s	PROPN
ftr-485	931	5	.	.	PROPN
ftr-485	931	6	model	model	PROPN
ftr-485	931	7	.	.	PUNCT
ftr-485	932	1	supra	supra	PROPN
ftr-485	932	2	note	note	PROPN
ftr-485	932	3	95	95	NUM
ftr-485	932	4	,	,	PUNCT
ftr-485	932	5	art	art	NOUN
ftr-485	932	6	.	.	PUNCT
ftr-485	933	1	25	25	NUM
ftr-485	933	2	,	,	PUNCT
ftr-485	933	3	para	para	NOUN
ftr-485	933	4	.	.	PUNCT
ftr-485	934	1	1	1	NUM
ftr-485	934	2	.	.	X
ftr-485	934	3	145	145	NUM
ftr-485	934	4	.	.	PUNCT
ftr-485	935	1	for	for	ADP
ftr-485	935	2	a	a	DET
ftr-485	935	3	u.s	u.s	PROPN
ftr-485	935	4	.	.	PROPN
ftr-485	935	5	resident	resident	PROPN
ftr-485	935	6	,	,	PUNCT
ftr-485	935	7	the	the	DET
ftr-485	935	8	mutual	mutual	ADJ
ftr-485	935	9	agreement	agreement	NOUN
ftr-485	935	10	procedure	procedure	NOUN
ftr-485	935	11	follows	follow	VERB
ftr-485	935	12	rev	rev	PROPN
ftr-485	935	13	.	.	PROPN
ftr-485	935	14	proc	proc	PROPN
ftr-485	935	15	.	.	PUNCT
ftr-485	936	1	91	91	NUM
ftr-485	936	2	-	-	SYM
ftr-485	936	3	23	23	NUM
ftr-485	936	4	,	,	PUNCT
ftr-485	936	5	1991	1991	NUM
ftr-485	936	6	-	-	SYM
ftr-485	936	7	1	1	NUM
ftr-485	936	8	c.b	c.b	PROPN
ftr-485	936	9	.	.	PROPN
ftr-485	936	10	534	534	NUM
ftr-485	936	11	,	,	PUNCT
ftr-485	936	12	as	as	SCONJ
ftr-485	936	13	it	it	PRON
ftr-485	936	14	may	may	AUX
ftr-485	936	15	be	be	AUX
ftr-485	936	16	amended	amend	VERB
ftr-485	936	17	by	by	ADP
ftr-485	936	18	the	the	DET
ftr-485	936	19	revenue	revenue	NOUN
ftr-485	936	20	procedure	procedure	NOUN
ftr-485	936	21	proposed	propose	VERB
ftr-485	936	22	in	in	ADP
ftr-485	936	23	announcement	announcement	NOUN
ftr-485	936	24	95	95	NUM
ftr-485	936	25	-	-	SYM
ftr-485	936	26	9	9	NUM
ftr-485	936	27	,	,	PUNCT
ftr-485	936	28	1995	1995	NUM
ftr-485	936	29	-	-	SYM
ftr-485	936	30	7	7	NUM
ftr-485	936	31	i.r.b	i.r.b	NOUN
ftr-485	936	32	.	.	PUNCT
ftr-485	937	1	57	57	NUM
ftr-485	937	2	(	(	PUNCT
ftr-485	937	3	feb	feb	X
ftr-485	937	4	.	.	PROPN
ftr-485	937	5	13	13	NUM
ftr-485	937	6	)	)	PUNCT
ftr-485	937	7	.	.	PUNCT
ftr-485	938	1	see	see	VERB
ftr-485	938	2	joseph	joseph	PROPN
ftr-485	938	3	l.	l.	PROPN
ftr-485	938	4	andrus	andrus	PROPN
ftr-485	938	5	et	et	PROPN
ftr-485	938	6	al	al	PROPN
ftr-485	938	7	.	.	PROPN
ftr-485	938	8	,	,	PUNCT
ftr-485	938	9	competent	competent	ADJ
ftr-485	938	10	authority	authority	NOUN
ftr-485	938	11	assistance	assistance	NOUN
ftr-485	938	12	in	in	ADP
ftr-485	938	13	tax	tax	NOUN
ftr-485	938	14	controversies	controversy	NOUN
ftr-485	938	15	under	under	ADP
ftr-485	938	16	the	the	DET
ftr-485	938	17	new	new	ADJ
ftr-485	938	18	irs	irs	PROPN
ftr-485	938	19	procedures	procedure	NOUN
ftr-485	938	20	,	,	PUNCT
ftr-485	938	21	50	50	NUM
ftr-485	938	22	tax	tax	NOUN
ftr-485	938	23	notes	note	NOUN
ftr-485	938	24	1279	1279	NUM
ftr-485	938	25	(	(	PUNCT
ftr-485	938	26	mar	mar	PROPN
ftr-485	938	27	.	.	PROPN
ftr-485	938	28	18	18	NUM
ftr-485	938	29	,	,	PUNCT
ftr-485	938	30	1991	1991	NUM
ftr-485	938	31	)	)	PUNCT
ftr-485	938	32	;	;	PUNCT
ftr-485	938	33	robert	robert	PROPN
ftr-485	938	34	t.	t.	PROPN
ftr-485	938	35	cole	cole	PROPN
ftr-485	938	36	and	and	CCONJ
ftr-485	938	37	james	james	PROPN
ftr-485	938	38	e.	e.	PROPN
ftr-485	938	39	croker	croker	PROPN
ftr-485	938	40	jr	jr	PROPN
ftr-485	938	41	.	.	PROPN
ftr-485	938	42	,	,	PUNCT
ftr-485	938	43	u.s	u.s	PROPN
ftr-485	938	44	.	.	PROPN
ftr-485	938	45	irs	irs	PROPN
ftr-485	938	46	proposes	propose	VERB
ftr-485	938	47	to	to	PART
ftr-485	938	48	update	update	VERB
ftr-485	938	49	competent	competent	ADJ
ftr-485	938	50	authority	authority	NOUN
ftr-485	938	51	procedures	procedure	NOUN
ftr-485	938	52	,	,	PUNCT
ftr-485	938	53	10	10	NUM
ftr-485	938	54	tax	tax	NOUN
ftr-485	938	55	notes	note	NOUN
ftr-485	938	56	int'l	int'l	ADP
ftr-485	938	57	541	541	NUM
ftr-485	938	58	(	(	PUNCT
ftr-485	938	59	feb	feb	PROPN
ftr-485	938	60	.	.	PROPN
ftr-485	938	61	13	13	NUM
ftr-485	938	62	,	,	PUNCT
ftr-485	938	63	1995	1995	NUM
ftr-485	938	64	)	)	PUNCT
ftr-485	938	65	.	.	PUNCT
ftr-485	939	1	146	146	NUM
ftr-485	939	2	.	.	PUNCT
ftr-485	940	1	see	see	VERB
ftr-485	940	2	jones	jones	PROPN
ftr-485	940	3	et	et	PROPN
ftr-485	940	4	al	al	PROPN
ftr-485	940	5	.	.	PROPN
ftr-485	940	6	,	,	PUNCT
ftr-485	940	7	supra	supra	PROPN
ftr-485	940	8	note	note	VERB
ftr-485	940	9	142	142	NUM
ftr-485	940	10	,	,	PUNCT
ftr-485	940	11	at	at	ADP
ftr-485	940	12	335	335	NUM
ftr-485	940	13	-	-	SYM
ftr-485	940	14	46	46	NUM
ftr-485	940	15	;	;	PUNCT
ftr-485	940	16	vogel	vogel	PROPN
ftr-485	940	17	et	et	PROPN
ftr-485	940	18	al	al	PROPN
ftr-485	940	19	.	.	PROPN
ftr-485	940	20	,	,	PUNCT
ftr-485	940	21	usitt	usitt	VERB
ftr-485	940	22	,	,	PUNCT
ftr-485	940	23	supra	supra	PROPN
ftr-485	940	24	note	note	NOUN
ftr-485	940	25	129	129	NUM
ftr-485	940	26	,	,	PUNCT
ftr-485	940	27	at	at	ADP
ftr-485	940	28	24	24	NUM
ftr-485	940	29	-	-	SYM
ftr-485	940	30	30	30	NUM
ftr-485	940	31	.	.	PUNCT
ftr-485	941	1	147	147	NUM
ftr-485	941	2	.	.	PUNCT
ftr-485	942	1	drawbacks	drawback	NOUN
ftr-485	942	2	to	to	ADP
ftr-485	942	3	a	a	DET
ftr-485	942	4	mutual	mutual	ADJ
ftr-485	942	5	agreement	agreement	NOUN
ftr-485	942	6	procedure	procedure	NOUN
ftr-485	942	7	are	be	AUX
ftr-485	942	8	discussed	discuss	VERB
ftr-485	942	9	infra	infra	NOUN
ftr-485	942	10	part	part	NOUN
ftr-485	942	11	vii.g.2	vii.g.2	PUNCT
ftr-485	942	12	.	.	PUNCT
ftr-485	943	1	if	if	SCONJ
ftr-485	943	2	the	the	DET
ftr-485	943	3	contract	contract	NOUN
ftr-485	943	4	has	have	VERB
ftr-485	943	5	a	a	DET
ftr-485	943	6	gross	gross	ADJ
ftr-485	943	7	-	-	PUNCT
ftr-485	943	8	up	up	ADP
ftr-485	943	9	clause	clause	NOUN
ftr-485	943	10	,	,	PUNCT
ftr-485	943	11	an	an	DET
ftr-485	943	12	interesting	interesting	ADJ
ftr-485	943	13	question	question	NOUN
ftr-485	943	14	arises	arise	VERB
ftr-485	943	15	as	as	SCONJ
ftr-485	943	16	to	to	PART
ftr-485	943	17	which	which	PRON
ftr-485	943	18	counterparty	counterparty	NOUN
ftr-485	943	19	should	should	AUX
ftr-485	943	20	apply	apply	VERB
ftr-485	943	21	for	for	ADP
ftr-485	943	22	the	the	DET
ftr-485	943	23	mutual	mutual	ADJ
ftr-485	943	24	agreement	agreement	NOUN
ftr-485	943	25	procedure	procedure	NOUN
ftr-485	943	26	.	.	PUNCT
ftr-485	944	1	while	while	SCONJ
ftr-485	944	2	the	the	DET
ftr-485	944	3	payments	payment	NOUN
ftr-485	944	4	to	to	ADP
ftr-485	944	5	m	m	PROPN
ftr-485	944	6	are	be	AUX
ftr-485	944	7	the	the	DET
ftr-485	944	8	items	item	NOUN
ftr-485	944	9	being	be	AUX
ftr-485	944	10	taxed	tax	VERB
ftr-485	944	11	not	not	PART
ftr-485	944	12	in	in	ADP
ftr-485	944	13	accordance	accordance	NOUN
ftr-485	944	14	with	with	ADP
ftr-485	944	15	the	the	DET
ftr-485	944	16	treaty	treaty	NOUN
ftr-485	944	17	,	,	PUNCT
ftr-485	944	18	.4	.4	PROPN
ftr-485	944	19	is	be	AUX
ftr-485	944	20	receiving	receive	VERB
ftr-485	944	21	its	its	PRON
ftr-485	944	22	full	full	ADJ
ftr-485	944	23	payments	payment	NOUN
ftr-485	944	24	undiminished	undiminishe	VERB
ftr-485	944	25	by	by	ADP
ftr-485	944	26	withholding	withhold	VERB
ftr-485	944	27	tax	tax	NOUN
ftr-485	944	28	and	and	CCONJ
ftr-485	944	29	is	be	AUX
ftr-485	944	30	not	not	PART
ftr-485	944	31	feeling	feel	VERB
ftr-485	944	32	the	the	DET
ftr-485	944	33	pinch	pinch	NOUN
ftr-485	944	34	of	of	ADP
ftr-485	944	35	double	double	ADJ
ftr-485	944	36	taxation	taxation	NOUN
ftr-485	944	37	.	.	PUNCT
ftr-485	945	1	n.	n.	NOUN
ftr-485	945	2	by	by	ADP
ftr-485	945	3	virtue	virtue	NOUN
ftr-485	945	4	of	of	ADP
ftr-485	945	5	the	the	DET
ftr-485	945	6	gross	gross	ADJ
ftr-485	945	7	-	-	PUNCT
ftr-485	945	8	up	up	ADP
ftr-485	945	9	clause	clause	NOUN
ftr-485	945	10	,	,	PUNCT
ftr-485	945	11	is	be	AUX
ftr-485	945	12	paying	pay	VERB
ftr-485	945	13	the	the	DET
ftr-485	945	14	withholding	withholding	NOUN
ftr-485	945	15	tax	tax	NOUN
ftr-485	945	16	from	from	ADP
ftr-485	945	17	its	its	PRON
ftr-485	945	18	pocket	pocket	NOUN
ftr-485	945	19	,	,	PUNCT
ftr-485	945	20	yet	yet	ADV
ftr-485	945	21	is	be	AUX
ftr-485	945	22	not	not	PART
ftr-485	945	23	being	be	AUX
ftr-485	945	24	taxed	tax	VERB
ftr-485	945	25	in	in	ADP
ftr-485	945	26	contravention	contravention	NOUN
ftr-485	945	27	of	of	ADP
ftr-485	945	28	the	the	DET
ftr-485	945	29	treaty	treaty	NOUN
ftr-485	945	30	.	.	PUNCT
ftr-485	946	1	the	the	DET
ftr-485	946	2	economic	economic	ADJ
ftr-485	946	3	cost	cost	NOUN
ftr-485	946	4	to	to	ADP
ftr-485	946	5	the	the	DET
ftr-485	946	6	swap	swap	NOUN
ftr-485	946	7	is	be	AUX
ftr-485	946	8	real	real	ADJ
ftr-485	946	9	and	and	CCONJ
ftr-485	946	10	may	may	AUX
ftr-485	946	11	be	be	AUX
ftr-485	946	12	felt	feel	VERB
ftr-485	946	13	by	by	ADP
ftr-485	946	14	m	m	PROPN
ftr-485	946	15	in	in	ADP
ftr-485	946	16	the	the	DET
ftr-485	946	17	form	form	NOUN
ftr-485	946	18	of	of	ADP
ftr-485	946	19	less	less	ADV
ftr-485	946	20	favorable	favorable	ADJ
ftr-485	946	21	swap	swap	NOUN
ftr-485	946	22	terms	term	NOUN
ftr-485	946	23	offered	offer	VERB
ftr-485	946	24	by	by	ADP
ftr-485	946	25	n.	n.	PROPN
ftr-485	946	26	thus	thus	ADV
ftr-485	946	27	,	,	PUNCT
ftr-485	946	28	though	though	SCONJ
ftr-485	946	29	m	m	PRON
ftr-485	946	30	should	should	AUX
ftr-485	946	31	apply	apply	VERB
ftr-485	946	32	for	for	ADP
ftr-485	946	33	the	the	DET
ftr-485	946	34	mutual	mutual	ADJ
ftr-485	946	35	agreement	agreement	NOUN
ftr-485	946	36	procedure	procedure	NOUN
ftr-485	946	37	,	,	PUNCT
ftr-485	946	38	it	it	PRON
ftr-485	946	39	is	be	AUX
ftr-485	946	40	unlikely	unlikely	ADJ
ftr-485	946	41	to	to	PART
ftr-485	946	42	undertake	undertake	VERB
ftr-485	946	43	such	such	DET
ftr-485	946	44	a	a	DET
ftr-485	946	45	procedure	procedure	NOUN
ftr-485	946	46	with	with	ADP
ftr-485	946	47	its	its	PRON
ftr-485	946	48	potential	potential	ADJ
ftr-485	946	49	drawbacks	drawback	NOUN
ftr-485	946	50	for	for	ADP
ftr-485	946	51	n	n	NOUN
ftr-485	946	52	's	's	PART
ftr-485	946	53	benefit	benefit	NOUN
ftr-485	946	54	.	.	PUNCT
ftr-485	947	1	it	it	PRON
ftr-485	947	2	is	be	AUX
ftr-485	947	3	possible	possible	ADJ
ftr-485	947	4	that	that	SCONJ
ftr-485	947	5	neither	neither	CCONJ
ftr-485	947	6	n	n	ADJ
ftr-485	947	7	nor	nor	CCONJ
ftr-485	947	8	m	m	VERB
ftr-485	947	9	is	be	AUX
ftr-485	947	10	qualified	qualified	ADJ
ftr-485	947	11	or	or	CCONJ
ftr-485	947	12	interested	interested	ADJ
ftr-485	947	13	to	to	PART
ftr-485	947	14	apply	apply	VERB
ftr-485	947	15	for	for	ADP
ftr-485	947	16	a	a	DET
ftr-485	947	17	"	"	PUNCT
ftr-485	947	18	specific	specific	ADJ
ftr-485	947	19	case	case	NOUN
ftr-485	947	20	"	"	PUNCT
ftr-485	947	21	type	type	NOUN
ftr-485	947	22	of	of	ADP
ftr-485	947	23	mutual	mutual	ADJ
ftr-485	947	24	agreement	agreement	NOUN
ftr-485	947	25	procedure	procedure	NOUN
ftr-485	947	26	despite	despite	SCONJ
ftr-485	947	27	the	the	DET
ftr-485	947	28	presence	presence	NOUN
ftr-485	947	29	of	of	ADP
ftr-485	947	30	double	double	ADJ
ftr-485	947	31	taxation	taxation	NOUN
ftr-485	947	32	.	.	PUNCT
ftr-485	948	1	148	148	NUM
ftr-485	948	2	.	.	PUNCT
ftr-485	949	1	there	there	PRON
ftr-485	949	2	are	be	VERB
ftr-485	949	3	generally	generally	ADV
ftr-485	949	4	considered	consider	VERB
ftr-485	949	5	to	to	PART
ftr-485	949	6	be	be	AUX
ftr-485	949	7	three	three	NUM
ftr-485	949	8	types	type	NOUN
ftr-485	949	9	of	of	ADP
ftr-485	949	10	mutual	mutual	ADJ
ftr-485	949	11	agreement	agreement	NOUN
ftr-485	949	12	procedures	procedure	NOUN
ftr-485	949	13	contained	contain	VERB
ftr-485	949	14	in	in	ADP
ftr-485	949	15	article	article	NOUN
ftr-485	949	16	25	25	NUM
ftr-485	949	17	of	of	ADP
ftr-485	949	18	the	the	DET
ftr-485	949	19	model	model	NOUN
ftr-485	949	20	conventions	convention	NOUN
ftr-485	949	21	.	.	PUNCT
ftr-485	950	1	see	see	VERB
ftr-485	950	2	jones	jones	PROPN
ftr-485	950	3	ct	ct	PROPN
ftr-485	950	4	al	al	PROPN
ftr-485	950	5	.	.	PROPN
ftr-485	950	6	,	,	PUNCT
ftr-485	950	7	supra	supra	PROPN
ftr-485	950	8	note	note	VERB
ftr-485	950	9	142	142	NUM
ftr-485	950	10	,	,	PUNCT
ftr-485	950	11	at	at	ADP
ftr-485	950	12	335	335	NUM
ftr-485	950	13	;	;	PUNCT
ftr-485	950	14	vogel	vogel	PROPN
ftr-485	950	15	et	et	PROPN
ftr-485	950	16	al	al	PROPN
ftr-485	950	17	.	.	PROPN
ftr-485	950	18	,	,	PUNCT
ftr-485	950	19	us'itt	us'itt	INTJ
ftr-485	950	20	,	,	PUNCT
ftr-485	950	21	supra	supra	PROPN
ftr-485	950	22	note	note	NOUN
ftr-485	950	23	129	129	NUM
ftr-485	950	24	,	,	PUNCT
ftr-485	950	25	art	art	NOUN
ftr-485	950	26	.	.	PUNCT
ftr-485	951	1	25	25	NUM
ftr-485	951	2	.	.	NOUN
ftr-485	951	3	149	149	NUM
ftr-485	951	4	.	.	X
ftr-485	951	5	1994	1994	NUM
ftr-485	952	1	oecd	oecd	PROPN
ftr-485	952	2	model	model	PROPN
ftr-485	952	3	,	,	PUNCT
ftr-485	952	4	supra	supra	PROPN
ftr-485	952	5	note	note	NOUN
ftr-485	952	6	3	3	NUM
ftr-485	952	7	.	.	PUNCT
ftr-485	952	8	art	art	NOUN
ftr-485	952	9	.	.	PUNCT
ftr-485	953	1	25	25	NUM
ftr-485	953	2	,	,	PUNCT
ftr-485	953	3	para	para	NOUN
ftr-485	953	4	.	.	PUNCT
ftr-485	954	1	3	3	NUM
ftr-485	954	2	;	;	PUNCT
ftr-485	954	3	1981	1981	NUM
ftr-485	954	4	u.s	u.s	PROPN
ftr-485	954	5	.	.	PROPN
ftr-485	954	6	model	model	PROPN
ftr-485	954	7	.	.	PUNCT
ftr-485	955	1	supra	supra	PROPN
ftr-485	955	2	note	note	PROPN
ftr-485	955	3	95	95	NUM
ftr-485	955	4	,	,	PUNCT
ftr-485	955	5	art	art	NOUN
ftr-485	955	6	.	.	PUNCT
ftr-485	956	1	25	25	NUM
ftr-485	956	2	,	,	PUNCT
ftr-485	956	3	para	para	NOUN
ftr-485	956	4	.	.	PUNCT
ftr-485	957	1	3	3	NUM
ftr-485	957	2	,	,	PUNCT
ftr-485	957	3	first	first	ADJ
ftr-485	957	4	two	two	NUM
ftr-485	957	5	sentences	sentence	NOUN
ftr-485	957	6	.	.	PUNCT
ftr-485	958	1	19951	19951	NUM
ftr-485	958	2	florida	florida	PROPN
ftr-485	958	3	tax	tax	PROPN
ftr-485	958	4	review	review	NOUN
ftr-485	958	5	the	the	DET
ftr-485	958	6	specific	specific	ADJ
ftr-485	958	7	case	case	NOUN
ftr-485	958	8	procedure	procedure	NOUN
ftr-485	958	9	.	.	PUNCT
ftr-485	959	1	50	50	NUM
ftr-485	959	2	however	however	ADV
ftr-485	959	3	,	,	PUNCT
ftr-485	959	4	they	they	PRON
ftr-485	959	5	need	need	AUX
ftr-485	959	6	not	not	PART
ftr-485	959	7	be	be	AUX
ftr-485	959	8	requested	request	VERB
ftr-485	959	9	by	by	ADP
ftr-485	959	10	a	a	DET
ftr-485	959	11	taxpayer	taxpayer	NOUN
ftr-485	959	12	,	,	PUNCT
ftr-485	959	13	but	but	CCONJ
ftr-485	959	14	may	may	AUX
ftr-485	959	15	be	be	AUX
ftr-485	959	16	undertaken	undertake	VERB
ftr-485	959	17	by	by	ADP
ftr-485	959	18	a	a	DET
ftr-485	959	19	competent	competent	ADJ
ftr-485	959	20	authority	authority	NOUN
ftr-485	959	21	itself	itself	PRON
ftr-485	959	22	to	to	PART
ftr-485	959	23	resolve	resolve	VERB
ftr-485	959	24	"	"	PUNCT
ftr-485	959	25	difficulties	difficulty	NOUN
ftr-485	959	26	or	or	CCONJ
ftr-485	959	27	doubts	doubt	NOUN
ftr-485	959	28	arising	arise	VERB
ftr-485	959	29	as	as	ADP
ftr-485	959	30	to	to	ADP
ftr-485	959	31	the	the	DET
ftr-485	959	32	interpretation	interpretation	NOUN
ftr-485	959	33	or	or	CCONJ
ftr-485	959	34	application	application	NOUN
ftr-485	959	35	"	"	PUNCT
ftr-485	959	36	of	of	ADP
ftr-485	959	37	the	the	DET
ftr-485	959	38	treaty	treaty	NOUN
ftr-485	959	39	.	.	PUNCT
ftr-485	959	40	'	'	PUNCT
ftr-485	960	1	5	5	NUM
ftr-485	960	2	'	'	NUM
ftr-485	960	3	the	the	DET
ftr-485	960	4	benefit	benefit	NOUN
ftr-485	960	5	of	of	ADP
ftr-485	960	6	such	such	DET
ftr-485	960	7	a	a	DET
ftr-485	960	8	ruling	ruling	NOUN
ftr-485	960	9	is	be	AUX
ftr-485	960	10	its	its	PRON
ftr-485	960	11	potential	potential	ADJ
ftr-485	960	12	prospective	prospective	ADJ
ftr-485	960	13	effect	effect	NOUN
ftr-485	960	14	.	.	PUNCT
ftr-485	961	1	'52	'52	NUM
ftr-485	961	2	the	the	DET
ftr-485	961	3	interpretative	interpretative	ADJ
ftr-485	961	4	provision	provision	NOUN
ftr-485	961	5	under	under	ADP
ftr-485	961	6	the	the	DET
ftr-485	961	7	u.s	u.s	PROPN
ftr-485	961	8	.	.	PROPN
ftr-485	961	9	model	model	PROPN
ftr-485	961	10	applies	apply	VERB
ftr-485	961	11	to	to	ADP
ftr-485	961	12	the	the	DET
ftr-485	961	13	double	double	ADJ
ftr-485	961	14	taxation	taxation	NOUN
ftr-485	961	15	of	of	ADP
ftr-485	961	16	recharacterized	recharacterized	ADJ
ftr-485	961	17	,	,	PUNCT
ftr-485	961	18	swap	swap	NOUN
ftr-485	961	19	-	-	PUNCT
ftr-485	961	20	related	relate	VERB
ftr-485	961	21	interest	interest	NOUN
ftr-485	961	22	;	;	PUNCT
ftr-485	961	23	the	the	DET
ftr-485	961	24	model	model	NOUN
ftr-485	961	25	states	state	VERB
ftr-485	961	26	that	that	SCONJ
ftr-485	961	27	the	the	DET
ftr-485	961	28	competent	competent	ADJ
ftr-485	961	29	authorities	authority	NOUN
ftr-485	961	30	may	may	AUX
ftr-485	961	31	engage	engage	VERB
ftr-485	961	32	in	in	ADP
ftr-485	961	33	such	such	DET
ftr-485	961	34	a	a	DET
ftr-485	961	35	procedure	procedure	NOUN
ftr-485	961	36	in	in	ADP
ftr-485	961	37	an	an	DET
ftr-485	961	38	effort	effort	NOUN
ftr-485	961	39	to	to	PART
ftr-485	961	40	agree	agree	VERB
ftr-485	961	41	on	on	ADP
ftr-485	961	42	"	"	PUNCT
ftr-485	961	43	the	the	DET
ftr-485	961	44	same	same	ADJ
ftr-485	961	45	characterization	characterization	NOUN
ftr-485	961	46	of	of	ADP
ftr-485	961	47	particular	particular	ADJ
ftr-485	961	48	items	item	NOUN
ftr-485	961	49	of	of	ADP
ftr-485	961	50	income	income	NOUN
ftr-485	961	51	.	.	PUNCT
ftr-485	962	1	"'53	"'53	VERB
ftr-485	962	2	the	the	DET
ftr-485	962	3	oecd	oecd	PROPN
ftr-485	962	4	model	model	NOUN
ftr-485	962	5	commentary	commentary	NOUN
ftr-485	962	6	states	state	VERB
ftr-485	962	7	that	that	SCONJ
ftr-485	962	8	this	this	DET
ftr-485	962	9	procedure	procedure	NOUN
ftr-485	962	10	is	be	AUX
ftr-485	962	11	appropriate	appropriate	ADJ
ftr-485	962	12	in	in	ADP
ftr-485	962	13	cases	case	NOUN
ftr-485	962	14	of	of	ADP
ftr-485	962	15	"	"	PUNCT
ftr-485	962	16	relief	relief	NOUN
ftr-485	962	17	from	from	ADP
ftr-485	962	18	tax	tax	NOUN
ftr-485	962	19	deducted	deduct	VERB
ftr-485	962	20	from	from	ADP
ftr-485	962	21	...	...	PUNCT
ftr-485	962	22	interest	interest	NOUN
ftr-485	962	23	.	.	PUNCT
ftr-485	963	1	'	'	PUNCT
ftr-485	963	2	"	"	PUNCT
ftr-485	963	3	"	"	PUNCT
ftr-485	963	4	thus	thus	ADV
ftr-485	963	5	,	,	PUNCT
ftr-485	963	6	under	under	ADP
ftr-485	963	7	both	both	DET
ftr-485	963	8	model	model	NOUN
ftr-485	963	9	conventions	convention	NOUN
ftr-485	963	10	such	such	DET
ftr-485	963	11	a	a	DET
ftr-485	963	12	procedure	procedure	NOUN
ftr-485	963	13	is	be	AUX
ftr-485	963	14	possible	possible	ADJ
ftr-485	963	15	.	.	PUNCT
ftr-485	964	1	2	2	X
ftr-485	964	2	.	.	NUM
ftr-485	964	3	drawbacks	drawback	NOUN
ftr-485	964	4	to	to	ADP
ftr-485	964	5	mutual	mutual	ADJ
ftr-485	964	6	agreement	agreement	NOUN
ftr-485	964	7	procedures.-despite	procedures.-despite	ADP
ftr-485	964	8	the	the	DET
ftr-485	964	9	potential	potential	ADJ
ftr-485	964	10	benefit	benefit	NOUN
ftr-485	964	11	from	from	ADP
ftr-485	964	12	a	a	DET
ftr-485	964	13	mutual	mutual	ADJ
ftr-485	964	14	agreement	agreement	NOUN
ftr-485	964	15	procedure	procedure	NOUN
ftr-485	964	16	,	,	PUNCT
ftr-485	964	17	several	several	ADJ
ftr-485	964	18	factors	factor	NOUN
ftr-485	964	19	weigh	weigh	VERB
ftr-485	964	20	against	against	ADP
ftr-485	964	21	a	a	DET
ftr-485	964	22	swap	swap	NOUN
ftr-485	964	23	counterparty	counterparty	NOUN
ftr-485	964	24	requesting	requesting	NOUN
ftr-485	964	25	,	,	PUNCT
ftr-485	964	26	or	or	CCONJ
ftr-485	964	27	fully	fully	ADV
ftr-485	964	28	cooperating	cooperate	VERB
ftr-485	964	29	in	in	ADP
ftr-485	964	30	,	,	PUNCT
ftr-485	964	31	a	a	DET
ftr-485	964	32	mutual	mutual	ADJ
ftr-485	964	33	agreement	agreement	NOUN
ftr-485	964	34	procedure	procedure	NOUN
ftr-485	964	35	.	.	PUNCT
ftr-485	965	1	one	one	NUM
ftr-485	965	2	is	be	AUX
ftr-485	965	3	that	that	SCONJ
ftr-485	965	4	the	the	DET
ftr-485	965	5	desired	desire	VERB
ftr-485	965	6	relief	relief	NOUN
ftr-485	965	7	in	in	ADP
ftr-485	965	8	a	a	DET
ftr-485	965	9	particular	particular	ADJ
ftr-485	965	10	case	case	NOUN
ftr-485	965	11	may	may	AUX
ftr-485	965	12	not	not	PART
ftr-485	965	13	be	be	AUX
ftr-485	965	14	large	large	ADJ
ftr-485	965	15	enough	enough	ADV
ftr-485	965	16	to	to	PART
ftr-485	965	17	warrant	warrant	VERB
ftr-485	965	18	the	the	DET
ftr-485	965	19	costs	cost	NOUN
ftr-485	965	20	involved	involve	VERB
ftr-485	965	21	in	in	ADP
ftr-485	965	22	the	the	DET
ftr-485	965	23	procedure	procedure	NOUN
ftr-485	965	24	.	.	PUNCT
ftr-485	966	1	while	while	SCONJ
ftr-485	966	2	the	the	DET
ftr-485	966	3	competent	competent	ADJ
ftr-485	966	4	authority	authority	NOUN
ftr-485	966	5	does	do	VERB
ftr-485	966	6	the	the	DET
ftr-485	966	7	negotiating	negotiating	NOUN
ftr-485	966	8	and	and	CCONJ
ftr-485	966	9	bears	bear	VERB
ftr-485	966	10	the	the	DET
ftr-485	966	11	related	relate	VERB
ftr-485	966	12	costs	cost	NOUN
ftr-485	966	13	,	,	PUNCT
ftr-485	966	14	the	the	DET
ftr-485	966	15	taxpayer	taxpayer	NOUN
ftr-485	966	16	must	must	AUX
ftr-485	966	17	apply	apply	VERB
ftr-485	966	18	for	for	ADP
ftr-485	966	19	the	the	DET
ftr-485	966	20	procedure	procedure	NOUN
ftr-485	966	21	,	,	PUNCT
ftr-485	966	22	file	file	VERB
ftr-485	966	23	copious	copious	ADJ
ftr-485	966	24	amounts	amount	NOUN
ftr-485	966	25	of	of	ADP
ftr-485	966	26	information	information	NOUN
ftr-485	966	27	,	,	PUNCT
ftr-485	966	28	and	and	CCONJ
ftr-485	966	29	follow	follow	VERB
ftr-485	966	30	the	the	DET
ftr-485	966	31	case	case	NOUN
ftr-485	966	32	to	to	ADP
ftr-485	966	33	its	its	PRON
ftr-485	966	34	conclusion	conclusion	NOUN
ftr-485	966	35	.	.	PUNCT
ftr-485	967	1	'55	'55	NUM
ftr-485	967	2	further	far	ADV
ftr-485	967	3	,	,	PUNCT
ftr-485	967	4	the	the	DET
ftr-485	967	5	procedure	procedure	NOUN
ftr-485	967	6	will	will	AUX
ftr-485	967	7	likely	likely	ADV
ftr-485	967	8	take	take	VERB
ftr-485	967	9	at	at	ADV
ftr-485	967	10	least	least	ADV
ftr-485	967	11	two	two	NUM
ftr-485	967	12	years	year	NOUN
ftr-485	967	13	,	,	PUNCT
ftr-485	967	14	156	156	NUM
ftr-485	967	15	and	and	CCONJ
ftr-485	967	16	in	in	ADP
ftr-485	967	17	the	the	DET
ftr-485	967	18	quickly	quickly	ADV
ftr-485	967	19	evolving	evolve	VERB
ftr-485	967	20	world	world	NOUN
ftr-485	967	21	of	of	ADP
ftr-485	967	22	derivatives	derivative	NOUN
ftr-485	967	23	,	,	PUNCT
ftr-485	967	24	the	the	DET
ftr-485	967	25	subject	subject	NOUN
ftr-485	967	26	of	of	ADP
ftr-485	967	27	a	a	DET
ftr-485	967	28	prospective	prospective	ADJ
ftr-485	967	29	ruling	ruling	NOUN
ftr-485	967	30	may	may	AUX
ftr-485	967	31	already	already	ADV
ftr-485	967	32	be	be	AUX
ftr-485	967	33	outdated	outdate	VERB
ftr-485	967	34	by	by	ADP
ftr-485	967	35	the	the	DET
ftr-485	967	36	time	time	NOUN
ftr-485	967	37	it	it	PRON
ftr-485	967	38	is	be	AUX
ftr-485	967	39	issued	issue	VERB
ftr-485	967	40	.	.	PUNCT
ftr-485	968	1	a	a	DET
ftr-485	968	2	potentially	potentially	ADV
ftr-485	968	3	weightier	weighty	ADJ
ftr-485	968	4	hindrance	hindrance	NOUN
ftr-485	968	5	,	,	PUNCT
ftr-485	968	6	though	though	ADV
ftr-485	968	7	,	,	PUNCT
ftr-485	968	8	is	be	AUX
ftr-485	968	9	a	a	DET
ftr-485	968	10	counterparty	counterparty	NOUN
ftr-485	968	11	's	's	PART
ftr-485	968	12	fear	fear	NOUN
ftr-485	968	13	of	of	ADP
ftr-485	968	14	retaliation	retaliation	NOUN
ftr-485	968	15	by	by	ADP
ftr-485	968	16	the	the	DET
ftr-485	968	17	tax	tax	NOUN
ftr-485	968	18	authorities	authority	NOUN
ftr-485	968	19	.	.	PUNCT
ftr-485	969	1	mutual	mutual	ADJ
ftr-485	969	2	agreement	agreement	NOUN
ftr-485	969	3	procedures	procedure	NOUN
ftr-485	969	4	place	place	VERB
ftr-485	969	5	taxpayers	taxpayer	NOUN
ftr-485	969	6	and	and	CCONJ
ftr-485	969	7	revenue	revenue	NOUN
ftr-485	969	8	authorities	authority	NOUN
ftr-485	969	9	in	in	ADP
ftr-485	969	10	an	an	DET
ftr-485	969	11	unusual	unusual	ADJ
ftr-485	969	12	posture	posture	NOUN
ftr-485	969	13	;	;	PUNCT
ftr-485	969	14	the	the	DET
ftr-485	969	15	taxpayer	taxpayer	NOUN
ftr-485	969	16	must	must	AUX
ftr-485	969	17	rely	rely	VERB
ftr-485	969	18	on	on	ADP
ftr-485	969	19	the	the	DET
ftr-485	969	20	authorities	authority	NOUN
ftr-485	969	21	to	to	PART
ftr-485	969	22	advocate	advocate	VERB
ftr-485	969	23	its	its	PRON
ftr-485	969	24	case	case	NOUN
ftr-485	969	25	.	.	PUNCT
ftr-485	970	1	while	while	SCONJ
ftr-485	970	2	the	the	DET
ftr-485	970	3	revenue	revenue	NOUN
ftr-485	970	4	authorities	authority	NOUN
ftr-485	970	5	require	require	VERB
ftr-485	970	6	disclosure	disclosure	NOUN
ftr-485	970	7	of	of	ADP
ftr-485	970	8	various	various	ADJ
ftr-485	970	9	information	information	NOUN
ftr-485	970	10	in	in	ADP
ftr-485	970	11	a	a	DET
ftr-485	970	12	mutual	mutual	ADJ
ftr-485	970	13	agreement	agreement	NOUN
ftr-485	970	14	procedure	procedure	NOUN
ftr-485	970	15	,	,	PUNCT
ftr-485	970	16	it	it	PRON
ftr-485	970	17	is	be	AUX
ftr-485	970	18	also	also	ADV
ftr-485	970	19	in	in	ADP
ftr-485	970	20	the	the	DET
ftr-485	970	21	taxpayer	taxpayer	NOUN
ftr-485	970	22	's	's	PART
ftr-485	970	23	interest	interest	NOUN
ftr-485	970	24	to	to	PART
ftr-485	970	25	cooperate	cooperate	VERB
ftr-485	970	26	as	as	ADV
ftr-485	970	27	fully	fully	ADV
ftr-485	970	28	as	as	ADP
ftr-485	970	29	possible	possible	ADJ
ftr-485	970	30	if	if	SCONJ
ftr-485	970	31	it	it	PRON
ftr-485	970	32	hopes	hope	VERB
ftr-485	970	33	for	for	ADP
ftr-485	970	34	a	a	DET
ftr-485	970	35	favorable	favorable	ADJ
ftr-485	970	36	resolution	resolution	NOUN
ftr-485	970	37	of	of	ADP
ftr-485	970	38	the	the	DET
ftr-485	970	39	case	case	NOUN
ftr-485	970	40	.	.	PUNCT
ftr-485	971	1	yet	yet	ADV
ftr-485	971	2	,	,	PUNCT
ftr-485	971	3	the	the	DET
ftr-485	971	4	disclosure	disclosure	NOUN
ftr-485	971	5	of	of	ADP
ftr-485	971	6	necessary	necessary	ADJ
ftr-485	971	7	information	information	NOUN
ftr-485	971	8	may	may	AUX
ftr-485	971	9	result	result	VERB
ftr-485	971	10	in	in	ADP
ftr-485	971	11	the	the	DET
ftr-485	971	12	counterparty	counterparty	NOUN
ftr-485	971	13	's	's	PART
ftr-485	971	14	tax	tax	NOUN
ftr-485	971	15	returns	return	NOUN
ftr-485	971	16	for	for	ADP
ftr-485	971	17	previous	previous	ADJ
ftr-485	971	18	years	year	NOUN
ftr-485	971	19	being	be	AUX
ftr-485	971	20	scrutinized	scrutinize	VERB
ftr-485	971	21	once	once	ADV
ftr-485	971	22	again	again	ADV
ftr-485	971	23	,	,	PUNCT
ftr-485	971	24	possibly	possibly	ADV
ftr-485	971	25	resulting	result	VERB
ftr-485	971	26	in	in	ADP
ftr-485	971	27	the	the	DET
ftr-485	971	28	"	"	PUNCT
ftr-485	971	29	raising	raising	NOUN
ftr-485	971	30	of	of	ADP
ftr-485	971	31	new	new	ADJ
ftr-485	971	32	issues	issue	NOUN
ftr-485	971	33	,	,	PUNCT
ftr-485	971	34	150	150	NUM
ftr-485	971	35	.	.	PUNCT
ftr-485	972	1	vogel	vogel	PROPN
ftr-485	972	2	et	et	PROPN
ftr-485	972	3	al	al	PROPN
ftr-485	972	4	.	.	PROPN
ftr-485	972	5	,	,	PUNCT
ftr-485	972	6	usitt	usitt	VERB
ftr-485	972	7	,	,	PUNCT
ftr-485	972	8	supra	supra	PROPN
ftr-485	972	9	note	note	NOUN
ftr-485	972	10	129	129	NUM
ftr-485	972	11	,	,	PUNCT
ftr-485	972	12	at	at	ADP
ftr-485	972	13	24	24	NUM
ftr-485	972	14	-	-	SYM
ftr-485	972	15	30	30	NUM
ftr-485	972	16	.	.	PUNCT
ftr-485	972	17	151	151	NUM
ftr-485	972	18	.	.	X
ftr-485	972	19	1981	1981	NUM
ftr-485	973	1	u.s	u.s	PROPN
ftr-485	973	2	.	.	PROPN
ftr-485	973	3	model	model	PROPN
ftr-485	973	4	,	,	PUNCT
ftr-485	973	5	supra	supra	PROPN
ftr-485	973	6	note	note	NOUN
ftr-485	973	7	95	95	NUM
ftr-485	973	8	,	,	PUNCT
ftr-485	973	9	art	art	NOUN
ftr-485	973	10	.	.	PUNCT
ftr-485	974	1	25	25	NUM
ftr-485	974	2	,	,	PUNCT
ftr-485	974	3	para	para	NOUN
ftr-485	974	4	.	.	PUNCT
ftr-485	975	1	3	3	NUM
ftr-485	975	2	.	.	NOUN
ftr-485	975	3	152	152	NUM
ftr-485	975	4	.	.	PUNCT
ftr-485	976	1	for	for	ADP
ftr-485	976	2	discussion	discussion	NOUN
ftr-485	976	3	of	of	ADP
ftr-485	976	4	the	the	DET
ftr-485	976	5	legal	legal	ADJ
ftr-485	976	6	effect	effect	NOUN
ftr-485	976	7	of	of	ADP
ftr-485	976	8	"	"	PUNCT
ftr-485	976	9	interpretative	interpretative	ADJ
ftr-485	976	10	provisions	provision	NOUN
ftr-485	976	11	,	,	PUNCT
ftr-485	976	12	"	"	PUNCT
ftr-485	976	13	see	see	VERB
ftr-485	976	14	jones	jones	PROPN
ftr-485	976	15	et	et	PROPN
ftr-485	976	16	al	al	PROPN
ftr-485	976	17	.	.	PROPN
ftr-485	976	18	,	,	PUNCT
ftr-485	976	19	supra	supra	PROPN
ftr-485	976	20	note	note	VERB
ftr-485	976	21	142	142	NUM
ftr-485	976	22	,	,	PUNCT
ftr-485	976	23	at	at	ADP
ftr-485	976	24	335	335	NUM
ftr-485	976	25	;	;	PUNCT
ftr-485	976	26	vogel	vogel	PROPN
ftr-485	976	27	et	et	PROPN
ftr-485	976	28	al	al	PROPN
ftr-485	976	29	.	.	PROPN
ftr-485	976	30	,	,	PUNCT
ftr-485	976	31	usitr	usitr	INTJ
ftr-485	976	32	,	,	PUNCT
ftr-485	976	33	supra	supra	PROPN
ftr-485	976	34	note	note	NOUN
ftr-485	976	35	129	129	NUM
ftr-485	976	36	,	,	PUNCT
ftr-485	976	37	at	at	ADP
ftr-485	976	38	25	25	NUM
ftr-485	976	39	-	-	SYM
ftr-485	976	40	141	141	NUM
ftr-485	976	41	.	.	PUNCT
ftr-485	976	42	153	153	NUM
ftr-485	976	43	.	.	PUNCT
ftr-485	976	44	1981	1981	NUM
ftr-485	977	1	u.s	u.s	PROPN
ftr-485	977	2	.	.	PROPN
ftr-485	977	3	model	model	PROPN
ftr-485	977	4	,	,	PUNCT
ftr-485	977	5	supra	supra	PROPN
ftr-485	977	6	note	note	NOUN
ftr-485	977	7	95	95	NUM
ftr-485	977	8	,	,	PUNCT
ftr-485	977	9	art	art	NOUN
ftr-485	977	10	.	.	PUNCT
ftr-485	978	1	25	25	NUM
ftr-485	978	2	,	,	PUNCT
ftr-485	978	3	para	para	NOUN
ftr-485	978	4	.	.	PUNCT
ftr-485	979	1	3(c	3(c	NUM
ftr-485	979	2	)	)	PUNCT
ftr-485	979	3	.	.	PUNCT
ftr-485	980	1	154	154	NUM
ftr-485	980	2	.	.	PUNCT
ftr-485	980	3	1994	1994	NUM
ftr-485	981	1	oecd	oecd	PROPN
ftr-485	981	2	model	model	PROPN
ftr-485	981	3	,	,	PUNCT
ftr-485	981	4	supra	supra	PROPN
ftr-485	981	5	note	note	NOUN
ftr-485	981	6	3	3	NUM
ftr-485	981	7	,	,	PUNCT
ftr-485	981	8	commentary	commentary	NOUN
ftr-485	981	9	on	on	ADP
ftr-485	981	10	art	art	NOUN
ftr-485	981	11	.	.	PUNCT
ftr-485	982	1	25	25	NUM
ftr-485	982	2	,	,	PUNCT
ftr-485	982	3	para	para	NOUN
ftr-485	982	4	.	.	PUNCT
ftr-485	983	1	33	33	NUM
ftr-485	983	2	;	;	PUNCT
ftr-485	983	3	see	see	VERB
ftr-485	983	4	also	also	ADV
ftr-485	983	5	i	i	PROPN
ftr-485	983	6	d.	d.	PROPN
ftr-485	983	7	para	para	PROPN
ftr-485	983	8	.	.	PUNCT
ftr-485	984	1	32	32	NUM
ftr-485	984	2	for	for	ADP
ftr-485	984	3	its	its	PRON
ftr-485	984	4	scope	scope	NOUN
ftr-485	984	5	of	of	ADP
ftr-485	984	6	applicability	applicability	NOUN
ftr-485	984	7	.	.	PUNCT
ftr-485	985	1	vogel	vogel	PROPN
ftr-485	985	2	et	et	PROPN
ftr-485	985	3	al	al	PROPN
ftr-485	985	4	.	.	PUNCT
ftr-485	985	5	states	state	VERB
ftr-485	985	6	that	that	SCONJ
ftr-485	985	7	mutual	mutual	ADJ
ftr-485	985	8	agreements	agreement	NOUN
ftr-485	985	9	"	"	PUNCT
ftr-485	985	10	are	be	AUX
ftr-485	985	11	intended	intend	VERB
ftr-485	985	12	to	to	PART
ftr-485	985	13	clarify	clarify	VERB
ftr-485	985	14	how	how	SCONJ
ftr-485	985	15	national	national	ADJ
ftr-485	985	16	(	(	PUNCT
ftr-485	985	17	domestic	domestic	ADJ
ftr-485	985	18	)	)	PUNCT
ftr-485	985	19	tax	tax	NOUN
ftr-485	985	20	law	law	NOUN
ftr-485	985	21	is	be	AUX
ftr-485	985	22	to	to	PART
ftr-485	985	23	apply	apply	VERB
ftr-485	985	24	in	in	ADP
ftr-485	985	25	both	both	DET
ftr-485	985	26	states	state	NOUN
ftr-485	985	27	in	in	ADP
ftr-485	985	28	particular	particular	ADJ
ftr-485	985	29	situations	situation	NOUN
ftr-485	985	30	.	.	PUNCT
ftr-485	985	31	"	"	PUNCT
ftr-485	986	1	vogel	vogel	PROPN
ftr-485	986	2	et	et	PROPN
ftr-485	986	3	al	al	PROPN
ftr-485	986	4	.	.	PROPN
ftr-485	986	5	,	,	PUNCT
ftr-485	986	6	usitt	usitt	VERB
ftr-485	986	7	,	,	PUNCT
ftr-485	986	8	supra	supra	PROPN
ftr-485	986	9	note	note	NOUN
ftr-485	986	10	129	129	NUM
ftr-485	986	11	,	,	PUNCT
ftr-485	986	12	at	at	ADP
ftr-485	986	13	25	25	NUM
ftr-485	986	14	-	-	SYM
ftr-485	986	15	31	31	NUM
ftr-485	986	16	.	.	PUNCT
ftr-485	986	17	155	155	NUM
ftr-485	986	18	.	.	PUNCT
ftr-485	987	1	see	see	AUX
ftr-485	987	2	rev	rev	PROPN
ftr-485	987	3	.	.	PROPN
ftr-485	987	4	proc	proc	PROPN
ftr-485	987	5	.	.	PUNCT
ftr-485	988	1	91	91	NUM
ftr-485	988	2	-	-	SYM
ftr-485	988	3	23	23	NUM
ftr-485	988	4	,	,	PUNCT
ftr-485	988	5	supra	supra	PROPN
ftr-485	988	6	note	note	NOUN
ftr-485	988	7	145	145	NUM
ftr-485	988	8	(	(	PUNCT
ftr-485	988	9	listing	list	VERB
ftr-485	988	10	procedural	procedural	ADJ
ftr-485	988	11	requirements	requirement	NOUN
ftr-485	988	12	)	)	PUNCT
ftr-485	988	13	.	.	PUNCT
ftr-485	989	1	156	156	NUM
ftr-485	989	2	.	.	PUNCT
ftr-485	990	1	see	see	VERB
ftr-485	990	2	vogel	vogel	PROPN
ftr-485	990	3	et	et	PROPN
ftr-485	990	4	al	al	PROPN
ftr-485	990	5	.	.	PROPN
ftr-485	990	6	,	,	PUNCT
ftr-485	990	7	usiti	usiti	INTJ
ftr-485	990	8	,	,	PUNCT
ftr-485	990	9	supra	supra	ADJ
ftr-485	990	10	note	note	NOUN
ftr-485	990	11	129	129	NUM
ftr-485	990	12	,	,	PUNCT
ftr-485	990	13	at	at	ADP
ftr-485	990	14	25	25	NUM
ftr-485	990	15	-	-	SYM
ftr-485	990	16	20	20	NUM
ftr-485	990	17	(	(	PUNCT
ftr-485	990	18	providing	provide	VERB
ftr-485	990	19	statistics	statistic	NOUN
ftr-485	990	20	on	on	ADP
ftr-485	990	21	processing	processing	NOUN
ftr-485	990	22	time	time	NOUN
ftr-485	990	23	and	and	CCONJ
ftr-485	990	24	frequency	frequency	NOUN
ftr-485	990	25	of	of	ADP
ftr-485	990	26	relief	relief	NOUN
ftr-485	990	27	in	in	ADP
ftr-485	990	28	u.s	u.s	PROPN
ftr-485	990	29	.	.	PROPN
ftr-485	990	30	cases	case	NOUN
ftr-485	990	31	)	)	PUNCT
ftr-485	990	32	.	.	PUNCT
ftr-485	991	1	[	[	X
ftr-485	991	2	vol	vol	NOUN
ftr-485	991	3	2:11	2:11	NUM
ftr-485	991	4	the	the	DET
ftr-485	991	5	recharacterization	recharacterization	NOUN
ftr-485	991	6	of	of	ADP
ftr-485	991	7	cross	cross	ADJ
ftr-485	991	8	-	-	ADJ
ftr-485	991	9	border	border	ADJ
ftr-485	991	10	interest	interest	NOUN
ftr-485	991	11	rate	rate	NOUN
ftr-485	991	12	swaps	swap	NOUN
ftr-485	991	13	reopening	reopening	NOUN
ftr-485	991	14	issues	issue	NOUN
ftr-485	991	15	from	from	ADP
ftr-485	991	16	a	a	DET
ftr-485	991	17	closed	closed	ADJ
ftr-485	991	18	year	year	NOUN
ftr-485	991	19	,	,	PUNCT
ftr-485	991	20	or	or	CCONJ
ftr-485	991	21	more	more	ADV
ftr-485	991	22	intensely	intensely	ADV
ftr-485	991	23	auditing	auditing	NOUN
ftr-485	991	24	of	of	ADP
ftr-485	991	25	positions	position	NOUN
ftr-485	991	26	taken	take	VERB
ftr-485	991	27	by	by	ADP
ftr-485	991	28	the	the	DET
ftr-485	991	29	taxpayer	taxpayer	NOUN
ftr-485	991	30	in	in	ADP
ftr-485	991	31	an	an	DET
ftr-485	991	32	open	open	ADJ
ftr-485	991	33	year	year	NOUN
ftr-485	991	34	.	.	PUNCT
ftr-485	992	1	"	"	PUNCT
ftr-485	992	2	'	'	PUNCT
ftr-485	992	3	"	"	PUNCT
ftr-485	992	4	while	while	SCONJ
ftr-485	992	5	the	the	DET
ftr-485	992	6	united	united	PROPN
ftr-485	992	7	states	states	PROPN
ftr-485	992	8	does	do	AUX
ftr-485	992	9	not	not	PART
ftr-485	992	10	reopen	reopen	VERB
ftr-485	992	11	closed	close	VERB
ftr-485	992	12	years,158	years,158	PROPN
ftr-485	992	13	no	no	DET
ftr-485	992	14	similar	similar	ADJ
ftr-485	992	15	assurances	assurance	NOUN
ftr-485	992	16	exist	exist	VERB
ftr-485	992	17	concerning	concern	VERB
ftr-485	992	18	open	open	ADJ
ftr-485	992	19	years	year	NOUN
ftr-485	992	20	.	.	PUNCT
ftr-485	993	1	the	the	DET
ftr-485	993	2	positions	position	NOUN
ftr-485	993	3	of	of	ADP
ftr-485	993	4	the	the	DET
ftr-485	993	5	revenue	revenue	NOUN
ftr-485	993	6	authorities	authority	NOUN
ftr-485	993	7	of	of	ADP
ftr-485	993	8	many	many	ADJ
ftr-485	993	9	other	other	ADJ
ftr-485	993	10	countries	country	NOUN
ftr-485	993	11	-	-	PUNCT
ftr-485	993	12	to	to	PART
ftr-485	993	13	whom	whom	PRON
ftr-485	993	14	counterparty	counterparty	NOUN
ftr-485	993	15	m	m	VERB
ftr-485	993	16	would	would	AUX
ftr-485	993	17	apply	apply	VERB
ftr-485	993	18	-	-	PUNCT
ftr-485	993	19	are	be	AUX
ftr-485	993	20	even	even	ADV
ftr-485	993	21	more	more	ADV
ftr-485	993	22	uncertain	uncertain	ADJ
ftr-485	993	23	.	.	PUNCT
ftr-485	993	24	'5	'5	PUNCT
ftr-485	994	1	thus	thus	ADV
ftr-485	994	2	,	,	PUNCT
ftr-485	994	3	it	it	PRON
ftr-485	994	4	is	be	AUX
ftr-485	994	5	not	not	PART
ftr-485	994	6	irrational	irrational	ADJ
ftr-485	994	7	to	to	PART
ftr-485	994	8	be	be	AUX
ftr-485	994	9	wary	wary	ADJ
ftr-485	994	10	.	.	PUNCT
ftr-485	994	11	'	'	PUNCT
ftr-485	995	1	6	6	NUM
ftr-485	995	2	even	even	ADV
ftr-485	995	3	beyond	beyond	ADP
ftr-485	995	4	these	these	DET
ftr-485	995	5	risks	risk	NOUN
ftr-485	995	6	,	,	PUNCT
ftr-485	995	7	there	there	PRON
ftr-485	995	8	is	be	VERB
ftr-485	995	9	the	the	DET
ftr-485	995	10	consideration	consideration	NOUN
ftr-485	995	11	that	that	SCONJ
ftr-485	995	12	mutual	mutual	ADJ
ftr-485	995	13	agreement	agreement	NOUN
ftr-485	995	14	may	may	AUX
ftr-485	995	15	not	not	PART
ftr-485	995	16	be	be	AUX
ftr-485	995	17	reached	reach	VERB
ftr-485	995	18	.	.	PUNCT
ftr-485	996	1	article	article	NOUN
ftr-485	996	2	25	25	NUM
ftr-485	996	3	of	of	ADP
ftr-485	996	4	the	the	DET
ftr-485	996	5	model	model	NOUN
ftr-485	996	6	conventions	convention	NOUN
ftr-485	996	7	only	only	ADV
ftr-485	996	8	requires	require	VERB
ftr-485	996	9	the	the	DET
ftr-485	996	10	competent	competent	ADJ
ftr-485	996	11	authorities	authority	NOUN
ftr-485	996	12	to	to	PART
ftr-485	996	13	negotiate	negotiate	VERB
ftr-485	996	14	;	;	PUNCT
ftr-485	996	15	it	it	PRON
ftr-485	996	16	does	do	AUX
ftr-485	996	17	not	not	PART
ftr-485	996	18	obligate	obligate	VERB
ftr-485	996	19	them	they	PRON
ftr-485	996	20	to	to	PART
ftr-485	996	21	arrive	arrive	VERB
ftr-485	996	22	at	at	ADP
ftr-485	996	23	an	an	DET
ftr-485	996	24	agreement	agreement	NOUN
ftr-485	996	25	.	.	PUNCT
ftr-485	996	26	'	'	PUNCT
ftr-485	997	1	6	6	NUM
ftr-485	997	2	'	'	NUM
ftr-485	997	3	the	the	DET
ftr-485	997	4	oecd	oecd	PROPN
ftr-485	997	5	commentary	commentary	NOUN
ftr-485	997	6	observes	observe	VERB
ftr-485	997	7	that	that	SCONJ
ftr-485	997	8	this	this	PRON
ftr-485	997	9	is	be	AUX
ftr-485	997	10	a	a	DET
ftr-485	997	11	point	point	NOUN
ftr-485	997	12	of	of	ADP
ftr-485	997	13	dissatisfaction	dissatisfaction	NOUN
ftr-485	997	14	among	among	ADP
ftr-485	997	15	taxpayers	taxpayer	NOUN
ftr-485	997	16	.	.	PUNCT
ftr-485	998	1	-6	-6	ADV
ftr-485	998	2	2	2	NUM
ftr-485	998	3	while	while	SCONJ
ftr-485	998	4	the	the	DET
ftr-485	998	5	mutual	mutual	ADJ
ftr-485	998	6	agreement	agreement	NOUN
ftr-485	998	7	procedure	procedure	NOUN
ftr-485	998	8	is	be	AUX
ftr-485	998	9	often	often	ADV
ftr-485	998	10	a	a	DET
ftr-485	998	11	useful	useful	ADJ
ftr-485	998	12	tool	tool	NOUN
ftr-485	998	13	to	to	PART
ftr-485	998	14	alleviate	alleviate	VERB
ftr-485	998	15	double	double	ADJ
ftr-485	998	16	taxation	taxation	NOUN
ftr-485	998	17	,	,	PUNCT
ftr-485	998	18	it	it	PRON
ftr-485	998	19	should	should	AUX
ftr-485	998	20	only	only	ADV
ftr-485	998	21	be	be	AUX
ftr-485	998	22	seen	see	VERB
ftr-485	998	23	as	as	ADP
ftr-485	998	24	a	a	DET
ftr-485	998	25	potential	potential	ADJ
ftr-485	998	26	back	back	ADJ
ftr-485	998	27	stop	stop	NOUN
ftr-485	998	28	to	to	PART
ftr-485	998	29	prevent	prevent	VERB
ftr-485	998	30	such	such	ADJ
ftr-485	998	31	taxation	taxation	NOUN
ftr-485	998	32	.	.	PUNCT
ftr-485	999	1	even	even	ADV
ftr-485	999	2	when	when	SCONJ
ftr-485	999	3	a	a	DET
ftr-485	999	4	back	back	ADJ
ftr-485	999	5	stop	stop	NOUN
ftr-485	999	6	is	be	AUX
ftr-485	999	7	needed	need	VERB
ftr-485	999	8	,	,	PUNCT
ftr-485	999	9	it	it	PRON
ftr-485	999	10	may	may	AUX
ftr-485	999	11	not	not	PART
ftr-485	999	12	always	always	ADV
ftr-485	999	13	be	be	AUX
ftr-485	999	14	used	use	VERB
ftr-485	999	15	or	or	CCONJ
ftr-485	999	16	be	be	AUX
ftr-485	999	17	effective	effective	ADJ
ftr-485	999	18	.	.	PUNCT
ftr-485	1000	1	thus	thus	ADV
ftr-485	1000	2	,	,	PUNCT
ftr-485	1000	3	more	more	ADV
ftr-485	1000	4	direct	direct	ADJ
ftr-485	1000	5	unilateral	unilateral	ADJ
ftr-485	1000	6	or	or	CCONJ
ftr-485	1000	7	treaty	treaty	NOUN
ftr-485	1000	8	measures	measure	NOUN
ftr-485	1000	9	must	must	AUX
ftr-485	1000	10	be	be	AUX
ftr-485	1000	11	developed	develop	VERB
ftr-485	1000	12	and	and	CCONJ
ftr-485	1000	13	implemented	implement	VERB
ftr-485	1000	14	to	to	PART
ftr-485	1000	15	alleviate	alleviate	VERB
ftr-485	1000	16	double	double	ADJ
ftr-485	1000	17	taxation	taxation	NOUN
ftr-485	1000	18	on	on	ADP
ftr-485	1000	19	income	income	NOUN
ftr-485	1000	20	resulting	result	VERB
ftr-485	1000	21	from	from	ADP
ftr-485	1000	22	large	large	ADJ
ftr-485	1000	23	nonperiodic	nonperiodic	ADJ
ftr-485	1000	24	swap	swap	NOUN
ftr-485	1000	25	payments	payment	NOUN
ftr-485	1000	26	.	.	PUNCT
ftr-485	1000	27	'	'	PUNCT
ftr-485	1001	1	63	63	NUM
ftr-485	1001	2	viii	viii	NOUN
ftr-485	1001	3	.	.	PUNCT
ftr-485	1002	1	potential	potential	ADJ
ftr-485	1002	2	solutions	solution	NOUN
ftr-485	1002	3	and	and	CCONJ
ftr-485	1002	4	the	the	DET
ftr-485	1002	5	consequences	consequence	NOUN
ftr-485	1002	6	of	of	ADP
ftr-485	1002	7	double	double	ADJ
ftr-485	1002	8	taxation	taxation	NOUN
ftr-485	1002	9	a.	a.	NOUN
ftr-485	1002	10	potential	potential	ADJ
ftr-485	1002	11	solutions	solution	NOUN
ftr-485	1002	12	for	for	ADP
ftr-485	1002	13	a	a	DET
ftr-485	1002	14	swap	swap	NOUN
ftr-485	1002	15	participant	participant	NOUN
ftr-485	1002	16	looking	look	VERB
ftr-485	1002	17	for	for	ADP
ftr-485	1002	18	a	a	DET
ftr-485	1002	19	sure	sure	ADJ
ftr-485	1002	20	method	method	NOUN
ftr-485	1002	21	of	of	ADP
ftr-485	1002	22	avoiding	avoid	VERB
ftr-485	1002	23	double	double	ADJ
ftr-485	1002	24	taxation	taxation	NOUN
ftr-485	1002	25	of	of	ADP
ftr-485	1002	26	payments	payment	NOUN
ftr-485	1002	27	under	under	ADP
ftr-485	1002	28	a	a	DET
ftr-485	1002	29	cross	cross	ADJ
ftr-485	1002	30	-	-	ADJ
ftr-485	1002	31	border	border	ADJ
ftr-485	1002	32	interest	interest	NOUN
ftr-485	1002	33	rate	rate	NOUN
ftr-485	1002	34	swap	swap	NOUN
ftr-485	1002	35	with	with	ADP
ftr-485	1002	36	a	a	DET
ftr-485	1002	37	large	large	ADJ
ftr-485	1002	38	157	157	NUM
ftr-485	1002	39	.	.	PUNCT
ftr-485	1003	1	i	i	PRON
ftr-485	1003	2	d.	d.	PROPN
ftr-485	1003	3	at	at	ADP
ftr-485	1003	4	25	25	NUM
ftr-485	1003	5	-	-	SYM
ftr-485	1003	6	41	41	NUM
ftr-485	1003	7	.	.	PUNCT
ftr-485	1003	8	158	158	X
ftr-485	1003	9	.	.	PUNCT
ftr-485	1004	1	see	see	VERB
ftr-485	1004	2	rev	rev	PROPN
ftr-485	1004	3	.	.	PROPN
ftr-485	1004	4	proc	proc	PROPN
ftr-485	1004	5	.	.	PUNCT
ftr-485	1005	1	91	91	NUM
ftr-485	1005	2	-	-	SYM
ftr-485	1005	3	23	23	NUM
ftr-485	1005	4	,	,	PUNCT
ftr-485	1005	5	supra	supra	PROPN
ftr-485	1005	6	note	note	NOUN
ftr-485	1005	7	145	145	NUM
ftr-485	1005	8	,	,	PUNCT
ftr-485	1005	9	§	§	PROPN
ftr-485	1005	10	3	3	NUM
ftr-485	1005	11	,	,	PUNCT
ftr-485	1005	12	para	para	NOUN
ftr-485	1005	13	.	.	PUNCT
ftr-485	1006	1	6	6	NUM
ftr-485	1006	2	.	.	X
ftr-485	1006	3	an	an	DET
ftr-485	1006	4	exception	exception	NOUN
ftr-485	1006	5	could	could	AUX
ftr-485	1006	6	arise	arise	VERB
ftr-485	1006	7	in	in	ADP
ftr-485	1006	8	extraordinary	extraordinary	ADJ
ftr-485	1006	9	circumstances	circumstance	NOUN
ftr-485	1006	10	.	.	PUNCT
ftr-485	1007	1	i	i	PRON
ftr-485	1007	2	d.	d.	PROPN
ftr-485	1007	3	159	159	NUM
ftr-485	1007	4	.	.	PUNCT
ftr-485	1008	1	vogel	vogel	PROPN
ftr-485	1008	2	et	et	PROPN
ftr-485	1008	3	al	al	PROPN
ftr-485	1008	4	.	.	PROPN
ftr-485	1008	5	,	,	PUNCT
ftr-485	1008	6	usirt	usirt	PROPN
ftr-485	1008	7	,	,	PUNCT
ftr-485	1008	8	supra	supra	PROPN
ftr-485	1008	9	note	note	NOUN
ftr-485	1008	10	129	129	NUM
ftr-485	1008	11	,	,	PUNCT
ftr-485	1008	12	at	at	ADP
ftr-485	1008	13	25	25	NUM
ftr-485	1008	14	-	-	SYM
ftr-485	1008	15	41	41	NUM
ftr-485	1008	16	.	.	PUNCT
ftr-485	1008	17	160	160	NUM
ftr-485	1008	18	.	.	PUNCT
ftr-485	1009	1	another	another	DET
ftr-485	1009	2	fear	fear	NOUN
ftr-485	1009	3	of	of	ADP
ftr-485	1009	4	taxpayers	taxpayer	NOUN
ftr-485	1009	5	is	be	AUX
ftr-485	1009	6	the	the	DET
ftr-485	1009	7	potential	potential	ADJ
ftr-485	1009	8	disclosure	disclosure	NOUN
ftr-485	1009	9	to	to	ADP
ftr-485	1009	10	competitors	competitor	NOUN
ftr-485	1009	11	of	of	ADP
ftr-485	1009	12	confidential	confidential	ADJ
ftr-485	1009	13	information	information	NOUN
ftr-485	1009	14	.	.	PUNCT
ftr-485	1010	1	see	see	VERB
ftr-485	1010	2	i	i	PRON
ftr-485	1010	3	d.	d.	PROPN
ftr-485	1010	4	at	at	ADP
ftr-485	1010	5	25	25	NUM
ftr-485	1010	6	-	-	SYM
ftr-485	1010	7	41	41	NUM
ftr-485	1010	8	.	.	PUNCT
ftr-485	1011	1	161	161	NUM
ftr-485	1011	2	.	.	PUNCT
ftr-485	1011	3	1994	1994	NUM
ftr-485	1012	1	oecd	oecd	PROPN
ftr-485	1012	2	model	model	PROPN
ftr-485	1012	3	,	,	PUNCT
ftr-485	1012	4	supra	supra	PROPN
ftr-485	1012	5	note	note	NOUN
ftr-485	1012	6	3	3	NUM
ftr-485	1012	7	,	,	PUNCT
ftr-485	1012	8	commentary	commentary	NOUN
ftr-485	1012	9	on	on	ADP
ftr-485	1012	10	art	art	NOUN
ftr-485	1012	11	.	.	PUNCT
ftr-485	1013	1	25	25	NUM
ftr-485	1013	2	,	,	PUNCT
ftr-485	1013	3	para	para	NOUN
ftr-485	1013	4	.	.	PUNCT
ftr-485	1014	1	2	2	NUM
ftr-485	1014	2	:	:	SYM
ftr-485	1014	3	1981	1981	NUM
ftr-485	1014	4	u.s	u.s	PROPN
ftr-485	1014	5	.	.	PROPN
ftr-485	1014	6	model	model	PROPN
ftr-485	1014	7	,	,	PUNCT
ftr-485	1014	8	supra	supra	PROPN
ftr-485	1014	9	note	note	NOUN
ftr-485	1014	10	95	95	NUM
ftr-485	1014	11	,	,	PUNCT
ftr-485	1014	12	art	art	NOUN
ftr-485	1014	13	.	.	PUNCT
ftr-485	1015	1	25	25	NUM
ftr-485	1015	2	,	,	PUNCT
ftr-485	1015	3	para	para	NOUN
ftr-485	1015	4	.	.	PUNCT
ftr-485	1016	1	2	2	NUM
ftr-485	1016	2	;	;	PUNCT
ftr-485	1016	3	1994	1994	NUM
ftr-485	1016	4	oecd	oecd	PROPN
ftr-485	1016	5	model	model	PROPN
ftr-485	1016	6	,	,	PUNCT
ftr-485	1016	7	supra	supra	PROPN
ftr-485	1016	8	note	note	NOUN
ftr-485	1016	9	3	3	NUM
ftr-485	1016	10	,	,	PUNCT
ftr-485	1016	11	commentary	commentary	NOUN
ftr-485	1016	12	on	on	ADP
ftr-485	1016	13	art	art	NOUN
ftr-485	1016	14	.	.	PUNCT
ftr-485	1017	1	25	25	NUM
ftr-485	1017	2	,	,	PUNCT
ftr-485	1017	3	para	para	NOUN
ftr-485	1017	4	.	.	PUNCT
ftr-485	1018	1	26	26	NUM
ftr-485	1018	2	.	.	X
ftr-485	1019	1	162	162	NUM
ftr-485	1019	2	.	.	PUNCT
ftr-485	1019	3	1994	1994	NUM
ftr-485	1020	1	oecd	oecd	PROPN
ftr-485	1020	2	model	model	PROPN
ftr-485	1020	3	,	,	PUNCT
ftr-485	1020	4	supra	supra	PROPN
ftr-485	1020	5	note	note	NOUN
ftr-485	1020	6	3	3	NUM
ftr-485	1020	7	,	,	PUNCT
ftr-485	1020	8	commentary	commentary	NOUN
ftr-485	1020	9	on	on	ADP
ftr-485	1020	10	art	art	NOUN
ftr-485	1020	11	.	.	PUNCT
ftr-485	1021	1	25	25	NUM
ftr-485	1021	2	,	,	PUNCT
ftr-485	1021	3	para	para	NOUN
ftr-485	1021	4	.	.	PUNCT
ftr-485	1022	1	45	45	NUM
ftr-485	1022	2	.	.	NOUN
ftr-485	1022	3	163	163	NUM
ftr-485	1022	4	.	.	PUNCT
ftr-485	1022	5	rev	rev	PROPN
ftr-485	1022	6	.	.	PROPN
ftr-485	1022	7	proc	proc	PROPN
ftr-485	1022	8	.	.	PUNCT
ftr-485	1023	1	91	91	NUM
ftr-485	1023	2	-	-	SYM
ftr-485	1023	3	22	22	NUM
ftr-485	1023	4	,	,	PUNCT
ftr-485	1023	5	1991	1991	NUM
ftr-485	1023	6	-	-	SYM
ftr-485	1023	7	1	1	NUM
ftr-485	1023	8	c.b	c.b	PROPN
ftr-485	1023	9	.	.	PROPN
ftr-485	1023	10	526	526	NUM
ftr-485	1023	11	(	(	PUNCT
ftr-485	1023	12	undergoing	undergo	VERB
ftr-485	1023	13	revision	revision	NOUN
ftr-485	1023	14	in	in	ADP
ftr-485	1023	15	1995	1995	NUM
ftr-485	1023	16	)	)	PUNCT
ftr-485	1023	17	provides	provide	VERB
ftr-485	1023	18	a	a	DET
ftr-485	1023	19	procedure	procedure	NOUN
ftr-485	1023	20	for	for	ADP
ftr-485	1023	21	advance	advance	NOUN
ftr-485	1023	22	pricing	pricing	NOUN
ftr-485	1023	23	agreements	agreement	NOUN
ftr-485	1023	24	(	(	PUNCT
ftr-485	1023	25	apas	apas	PROPN
ftr-485	1023	26	)	)	PUNCT
ftr-485	1023	27	,	,	PUNCT
ftr-485	1023	28	which	which	PRON
ftr-485	1023	29	often	often	ADV
ftr-485	1023	30	entail	entail	VERB
ftr-485	1023	31	mutual	mutual	ADJ
ftr-485	1023	32	agreement	agreement	NOUN
ftr-485	1023	33	between	between	ADP
ftr-485	1023	34	competent	competent	ADJ
ftr-485	1023	35	authorities	authority	NOUN
ftr-485	1023	36	.	.	PUNCT
ftr-485	1024	1	these	these	DET
ftr-485	1024	2	agreements	agreement	NOUN
ftr-485	1024	3	are	be	AUX
ftr-485	1024	4	to	to	PART
ftr-485	1024	5	resolve	resolve	VERB
ftr-485	1024	6	profit	profit	NOUN
ftr-485	1024	7	allocation	allocation	NOUN
ftr-485	1024	8	issues	issue	NOUN
ftr-485	1024	9	between	between	ADP
ftr-485	1024	10	related	related	ADJ
ftr-485	1024	11	taxpayers	taxpayer	NOUN
ftr-485	1024	12	and	and	CCONJ
ftr-485	1024	13	have	have	AUX
ftr-485	1024	14	been	be	AUX
ftr-485	1024	15	used	use	VERB
ftr-485	1024	16	in	in	ADP
ftr-485	1024	17	the	the	DET
ftr-485	1024	18	context	context	NOUN
ftr-485	1024	19	of	of	ADP
ftr-485	1024	20	global	global	ADJ
ftr-485	1024	21	trading	trading	NOUN
ftr-485	1024	22	.	.	PUNCT
ftr-485	1025	1	however	however	ADV
ftr-485	1025	2	,	,	PUNCT
ftr-485	1025	3	it	it	PRON
ftr-485	1025	4	is	be	AUX
ftr-485	1025	5	assumed	assume	VERB
ftr-485	1025	6	throughout	throughout	ADP
ftr-485	1025	7	this	this	DET
ftr-485	1025	8	article	article	NOUN
ftr-485	1025	9	that	that	SCONJ
ftr-485	1025	10	foreign	foreign	ADJ
ftr-485	1025	11	taxpayer	taxpayer	NOUN
ftr-485	1025	12	m	m	AUX
ftr-485	1025	13	does	do	AUX
ftr-485	1025	14	not	not	PART
ftr-485	1025	15	use	use	VERB
ftr-485	1025	16	a	a	DET
ftr-485	1025	17	u.s	u.s	PROPN
ftr-485	1025	18	.	.	PROPN
ftr-485	1025	19	permanent	permanent	ADJ
ftr-485	1025	20	establishment	establishment	NOUN
ftr-485	1025	21	in	in	ADP
ftr-485	1025	22	connection	connection	NOUN
ftr-485	1025	23	with	with	ADP
ftr-485	1025	24	the	the	DET
ftr-485	1025	25	swap	swap	NOUN
ftr-485	1025	26	,	,	PUNCT
ftr-485	1025	27	but	but	CCONJ
ftr-485	1025	28	is	be	AUX
ftr-485	1025	29	nonetheless	nonetheless	ADV
ftr-485	1025	30	taxed	tax	VERB
ftr-485	1025	31	on	on	ADP
ftr-485	1025	32	it	it	PRON
ftr-485	1025	33	.	.	PUNCT
ftr-485	1026	1	apas	apa	NOUN
ftr-485	1026	2	are	be	AUX
ftr-485	1026	3	not	not	PART
ftr-485	1026	4	appropriate	appropriate	ADJ
ftr-485	1026	5	in	in	ADP
ftr-485	1026	6	this	this	DET
ftr-485	1026	7	situation	situation	NOUN
ftr-485	1026	8	.	.	PUNCT
ftr-485	1027	1	for	for	ADP
ftr-485	1027	2	discussion	discussion	NOUN
ftr-485	1027	3	of	of	ADP
ftr-485	1027	4	apas	apa	NOUN
ftr-485	1027	5	and	and	CCONJ
ftr-485	1027	6	global	global	ADJ
ftr-485	1027	7	trading	trading	NOUN
ftr-485	1027	8	,	,	PUNCT
ftr-485	1027	9	see	see	VERB
ftr-485	1027	10	notice	notice	NOUN
ftr-485	1027	11	94	94	NUM
ftr-485	1027	12	-	-	SYM
ftr-485	1027	13	40	40	NUM
ftr-485	1027	14	,	,	PUNCT
ftr-485	1027	15	1994	1994	NUM
ftr-485	1027	16	-	-	SYM
ftr-485	1027	17	4	4	NUM
ftr-485	1027	18	c.b	c.b	PROPN
ftr-485	1027	19	.	.	PROPN
ftr-485	1027	20	351	351	NUM
ftr-485	1027	21	(	(	PUNCT
ftr-485	1027	22	discussing	discuss	VERB
ftr-485	1027	23	global	global	ADJ
ftr-485	1027	24	trading	trading	NOUN
ftr-485	1027	25	apas	apas	NOUN
ftr-485	1027	26	)	)	PUNCT
ftr-485	1027	27	;	;	PUNCT
ftr-485	1027	28	kathleen	kathleen	PROPN
ftr-485	1027	29	matthews	matthews	PROPN
ftr-485	1027	30	,	,	PUNCT
ftr-485	1027	31	u.s	u.s	PROPN
ftr-485	1027	32	.	.	PROPN
ftr-485	1027	33	and	and	CCONJ
ftr-485	1027	34	canadian	canadian	ADJ
ftr-485	1027	35	officials	official	NOUN
ftr-485	1027	36	discuss	discuss	VERB
ftr-485	1027	37	apas	apa	NOUN
ftr-485	1027	38	in	in	ADP
ftr-485	1027	39	the	the	DET
ftr-485	1027	40	global	global	ADJ
ftr-485	1027	41	trading	trading	NOUN
ftr-485	1027	42	context	context	NOUN
ftr-485	1027	43	,	,	PUNCT
ftr-485	1027	44	8	8	NUM
ftr-485	1027	45	tax	tax	NOUN
ftr-485	1027	46	notes	note	NOUN
ftr-485	1027	47	int'l	int'l	ADP
ftr-485	1027	48	1362	1362	NUM
ftr-485	1027	49	(	(	PUNCT
ftr-485	1027	50	may	may	PROPN
ftr-485	1027	51	23	23	NUM
ftr-485	1027	52	,	,	PUNCT
ftr-485	1027	53	1994	1994	NUM
ftr-485	1027	54	)	)	PUNCT
ftr-485	1027	55	;	;	PUNCT
ftr-485	1027	56	kopp	kopp	PROPN
ftr-485	1027	57	&	&	CCONJ
ftr-485	1027	58	pross	pross	PROPN
ftr-485	1027	59	,	,	PUNCT
ftr-485	1027	60	supra	supra	PROPN
ftr-485	1027	61	note	note	PROPN
ftr-485	1027	62	24	24	NUM
ftr-485	1027	63	,	,	PUNCT
ftr-485	1027	64	at	at	ADP
ftr-485	1027	65	380	380	NUM
ftr-485	1027	66	;	;	PUNCT
ftr-485	1027	67	plambeck	plambeck	NOUN
ftr-485	1027	68	,	,	PUNCT
ftr-485	1027	69	supra	supra	PROPN
ftr-485	1027	70	note	note	PROPN
ftr-485	1027	71	49	49	NUM
ftr-485	1027	72	;	;	PUNCT
ftr-485	1027	73	ruchelman	ruchelman	NOUN
ftr-485	1027	74	.	.	PUNCT
ftr-485	1028	1	supra	supra	PROPN
ftr-485	1028	2	note	note	PROPN
ftr-485	1028	3	44	44	NUM
ftr-485	1028	4	,	,	PUNCT
ftr-485	1028	5	at	at	ADP
ftr-485	1028	6	253	253	NUM
ftr-485	1028	7	.	.	PUNCT
ftr-485	1028	8	19951	19951	NUM
ftr-485	1029	1	florida	florida	PROPN
ftr-485	1029	2	tax	tax	PROPN
ftr-485	1029	3	review	review	NOUN
ftr-485	1029	4	nonperiodic	nonperiodic	ADJ
ftr-485	1029	5	payment	payment	NOUN
ftr-485	1029	6	made	make	VERB
ftr-485	1029	7	to	to	ADP
ftr-485	1029	8	a	a	DET
ftr-485	1029	9	u.s	u.s	PROPN
ftr-485	1029	10	.	.	PROPN
ftr-485	1029	11	counterparty	counterparty	PROPN
ftr-485	1029	12	,	,	PUNCT
ftr-485	1029	13	there	there	PRON
ftr-485	1029	14	are	be	VERB
ftr-485	1029	15	few	few	ADJ
ftr-485	1029	16	certain	certain	ADJ
ftr-485	1029	17	answers	answer	NOUN
ftr-485	1029	18	.	.	PUNCT
ftr-485	1030	1	ensuring	ensure	VERB
ftr-485	1030	2	that	that	SCONJ
ftr-485	1030	3	the	the	DET
ftr-485	1030	4	nonperiodic	nonperiodic	ADJ
ftr-485	1030	5	payment	payment	NOUN
ftr-485	1030	6	is	be	AUX
ftr-485	1030	7	not	not	PART
ftr-485	1030	8	significant	significant	ADJ
ftr-485	1030	9	(	(	PUNCT
ftr-485	1030	10	i.e.	i.e.	X
ftr-485	1030	11	is	be	AUX
ftr-485	1030	12	no	no	ADV
ftr-485	1030	13	greater	great	ADJ
ftr-485	1030	14	than	than	ADP
ftr-485	1030	15	9.1	9.1	NUM
ftr-485	1030	16	%	%	NOUN
ftr-485	1030	17	of	of	ADP
ftr-485	1030	18	the	the	DET
ftr-485	1030	19	discounted	discount	VERB
ftr-485	1030	20	present	present	ADJ
ftr-485	1030	21	value	value	NOUN
ftr-485	1030	22	of	of	ADP
ftr-485	1030	23	the	the	DET
ftr-485	1030	24	fixed	fix	VERB
ftr-485	1030	25	payments	payment	NOUN
ftr-485	1030	26	under	under	ADP
ftr-485	1030	27	the	the	DET
ftr-485	1030	28	swap	swap	NOUN
ftr-485	1030	29	)	)	PUNCT
ftr-485	1030	30	avoids	avoid	VERB
ftr-485	1030	31	recharacterization	recharacterization	NOUN
ftr-485	1030	32	under	under	ADP
ftr-485	1030	33	the	the	DET
ftr-485	1030	34	swap	swap	NOUN
ftr-485	1030	35	regulations	regulation	NOUN
ftr-485	1030	36	.	.	PUNCT
ftr-485	1030	37	"	"	PUNCT
ftr-485	1031	1	however	however	ADV
ftr-485	1031	2	,	,	PUNCT
ftr-485	1031	3	economic	economic	ADJ
ftr-485	1031	4	necessity	necessity	NOUN
ftr-485	1031	5	,	,	PUNCT
ftr-485	1031	6	such	such	ADJ
ftr-485	1031	7	as	as	ADP
ftr-485	1031	8	terminating	terminate	VERB
ftr-485	1031	9	or	or	CCONJ
ftr-485	1031	10	offsetting	offset	VERB
ftr-485	1031	11	an	an	DET
ftr-485	1031	12	existing	exist	VERB
ftr-485	1031	13	swap	swap	NOUN
ftr-485	1031	14	,	,	PUNCT
ftr-485	1031	15	may	may	AUX
ftr-485	1031	16	dictate	dictate	VERB
ftr-485	1031	17	a	a	DET
ftr-485	1031	18	larger	large	ADJ
ftr-485	1031	19	payment	payment	NOUN
ftr-485	1031	20	.	.	PUNCT
ftr-485	1032	1	in	in	ADP
ftr-485	1032	2	that	that	DET
ftr-485	1032	3	case	case	NOUN
ftr-485	1032	4	,	,	PUNCT
ftr-485	1032	5	double	double	ADJ
ftr-485	1032	6	taxation	taxation	NOUN
ftr-485	1032	7	may	may	AUX
ftr-485	1032	8	be	be	AUX
ftr-485	1032	9	avoided	avoid	VERB
ftr-485	1032	10	by	by	ADP
ftr-485	1032	11	doing	do	VERB
ftr-485	1032	12	the	the	DET
ftr-485	1032	13	swap	swap	NOUN
ftr-485	1032	14	through	through	ADP
ftr-485	1032	15	a	a	DET
ftr-485	1032	16	bank	bank	NOUN
ftr-485	1032	17	that	that	PRON
ftr-485	1032	18	is	be	AUX
ftr-485	1032	19	a	a	DET
ftr-485	1032	20	resident	resident	NOUN
ftr-485	1032	21	of	of	ADP
ftr-485	1032	22	a	a	DET
ftr-485	1032	23	country	country	NOUN
ftr-485	1032	24	whose	whose	DET
ftr-485	1032	25	income	income	NOUN
ftr-485	1032	26	tax	tax	NOUN
ftr-485	1032	27	treaty	treaty	NOUN
ftr-485	1032	28	with	with	ADP
ftr-485	1032	29	the	the	DET
ftr-485	1032	30	united	united	PROPN
ftr-485	1032	31	states	states	PROPN
ftr-485	1032	32	provides	provide	VERB
ftr-485	1032	33	a	a	DET
ftr-485	1032	34	zero	zero	NUM
ftr-485	1032	35	rate	rate	NOUN
ftr-485	1032	36	of	of	ADP
ftr-485	1032	37	withholding	withholding	NOUN
ftr-485	1032	38	tax	tax	NOUN
ftr-485	1032	39	on	on	ADP
ftr-485	1032	40	interest	interest	NOUN
ftr-485	1032	41	,	,	PUNCT
ftr-485	1032	42	doing	do	VERB
ftr-485	1032	43	the	the	DET
ftr-485	1032	44	swap	swap	NOUN
ftr-485	1032	45	entirely	entirely	ADV
ftr-485	1032	46	inside	inside	ADV
ftr-485	1032	47	of	of	ADP
ftr-485	1032	48	the	the	DET
ftr-485	1032	49	united	united	PROPN
ftr-485	1032	50	states	states	PROPN
ftr-485	1032	51	,	,	PUNCT
ftr-485	1032	52	or	or	CCONJ
ftr-485	1032	53	not	not	PART
ftr-485	1032	54	involving	involve	VERB
ftr-485	1032	55	a	a	DET
ftr-485	1032	56	u.s	u.s	PROPN
ftr-485	1032	57	.	.	PROPN
ftr-485	1032	58	counterparty	counterparty	PROPN
ftr-485	1032	59	at	at	ADV
ftr-485	1032	60	all	all	ADV
ftr-485	1032	61	.	.	PUNCT
ftr-485	1033	1	each	each	PRON
ftr-485	1033	2	of	of	ADP
ftr-485	1033	3	these	these	DET
ftr-485	1033	4	alternatives	alternative	NOUN
ftr-485	1033	5	excludes	exclude	VERB
ftr-485	1033	6	a	a	DET
ftr-485	1033	7	significant	significant	ADJ
ftr-485	1033	8	number	number	NOUN
ftr-485	1033	9	of	of	ADP
ftr-485	1033	10	potential	potential	ADJ
ftr-485	1033	11	counterparties	counterpartie	NOUN
ftr-485	1033	12	,	,	PUNCT
ftr-485	1033	13	which	which	PRON
ftr-485	1033	14	may	may	AUX
ftr-485	1033	15	reduce	reduce	VERB
ftr-485	1033	16	the	the	DET
ftr-485	1033	17	liquidity	liquidity	NOUN
ftr-485	1033	18	of	of	ADP
ftr-485	1033	19	swaps	swap	NOUN
ftr-485	1033	20	.	.	PUNCT
ftr-485	1034	1	swap	swap	NOUN
ftr-485	1034	2	participants	participant	NOUN
ftr-485	1034	3	,	,	PUNCT
ftr-485	1034	4	therefore	therefore	ADV
ftr-485	1034	5	,	,	PUNCT
ftr-485	1034	6	should	should	AUX
ftr-485	1034	7	carefully	carefully	ADV
ftr-485	1034	8	price	price	VERB
ftr-485	1034	9	and	and	CCONJ
ftr-485	1034	10	structure	structure	VERB
ftr-485	1034	11	new	new	ADJ
ftr-485	1034	12	swaps	swap	NOUN
ftr-485	1034	13	and	and	CCONJ
ftr-485	1034	14	their	their	PRON
ftr-485	1034	15	trading	trading	NOUN
ftr-485	1034	16	strategies	strategy	NOUN
ftr-485	1034	17	for	for	ADP
ftr-485	1034	18	terminating	terminate	VERB
ftr-485	1034	19	existing	exist	VERB
ftr-485	1034	20	swaps	swap	NOUN
ftr-485	1034	21	in	in	ADP
ftr-485	1034	22	order	order	NOUN
ftr-485	1034	23	to	to	PART
ftr-485	1034	24	minimize	minimize	VERB
ftr-485	1034	25	the	the	DET
ftr-485	1034	26	impact	impact	NOUN
ftr-485	1034	27	of	of	ADP
ftr-485	1034	28	unexpected	unexpected	ADJ
ftr-485	1034	29	recharacterization	recharacterization	NOUN
ftr-485	1034	30	.	.	PUNCT
ftr-485	1035	1	for	for	ADP
ftr-485	1035	2	example	example	NOUN
ftr-485	1035	3	,	,	PUNCT
ftr-485	1035	4	swap	swap	VERB
ftr-485	1035	5	participants	participant	NOUN
ftr-485	1035	6	wishing	wish	VERB
ftr-485	1035	7	to	to	PART
ftr-485	1035	8	use	use	VERB
ftr-485	1035	9	an	an	DET
ftr-485	1035	10	interest	interest	NOUN
ftr-485	1035	11	rate	rate	NOUN
ftr-485	1035	12	swap	swap	NOUN
ftr-485	1035	13	with	with	ADP
ftr-485	1035	14	a	a	DET
ftr-485	1035	15	large	large	ADJ
ftr-485	1035	16	nonperiodic	nonperiodic	ADJ
ftr-485	1035	17	payment	payment	NOUN
ftr-485	1035	18	which	which	PRON
ftr-485	1035	19	might	might	AUX
ftr-485	1035	20	be	be	AUX
ftr-485	1035	21	subject	subject	ADJ
ftr-485	1035	22	to	to	ADP
ftr-485	1035	23	recharacterization	recharacterization	NOUN
ftr-485	1035	24	could	could	AUX
ftr-485	1035	25	bifuricate	bifuricate	VERB
ftr-485	1035	26	that	that	PRON
ftr-485	1035	27	swap	swap	NOUN
ftr-485	1035	28	into	into	ADP
ftr-485	1035	29	an	an	DET
ftr-485	1035	30	on	on	ADP
ftr-485	1035	31	-	-	PUNCT
ftr-485	1035	32	market	market	NOUN
ftr-485	1035	33	swap	swap	NOUN
ftr-485	1035	34	and	and	CCONJ
ftr-485	1035	35	either	either	CCONJ
ftr-485	1035	36	a	a	DET
ftr-485	1035	37	real	real	ADJ
ftr-485	1035	38	loan	loan	NOUN
ftr-485	1035	39	or	or	CCONJ
ftr-485	1035	40	a	a	DET
ftr-485	1035	41	consulting	consulting	NOUN
ftr-485	1035	42	or	or	CCONJ
ftr-485	1035	43	other	other	ADJ
ftr-485	1035	44	fee	fee	NOUN
ftr-485	1035	45	.	.	PUNCT
ftr-485	1036	1	although	although	SCONJ
ftr-485	1036	2	the	the	DET
ftr-485	1036	3	economic	economic	ADJ
ftr-485	1036	4	consequences	consequence	NOUN
ftr-485	1036	5	of	of	ADP
ftr-485	1036	6	such	such	DET
ftr-485	1036	7	a	a	DET
ftr-485	1036	8	structure	structure	NOUN
ftr-485	1036	9	are	be	AUX
ftr-485	1036	10	slightly	slightly	ADV
ftr-485	1036	11	different	different	ADJ
ftr-485	1036	12	from	from	ADP
ftr-485	1036	13	the	the	DET
ftr-485	1036	14	originally	originally	ADV
ftr-485	1036	15	intended	intend	VERB
ftr-485	1036	16	swap	swap	NOUN
ftr-485	1036	17	,	,	PUNCT
ftr-485	1036	18	the	the	DET
ftr-485	1036	19	tax	tax	NOUN
ftr-485	1036	20	consequences	consequence	NOUN
ftr-485	1036	21	are	be	AUX
ftr-485	1036	22	more	more	ADV
ftr-485	1036	23	certain	certain	ADJ
ftr-485	1036	24	.	.	PUNCT
ftr-485	1037	1	several	several	ADJ
ftr-485	1037	2	measures	measure	NOUN
ftr-485	1037	3	could	could	AUX
ftr-485	1037	4	be	be	AUX
ftr-485	1037	5	taken	take	VERB
ftr-485	1037	6	by	by	ADP
ftr-485	1037	7	revenue	revenue	NOUN
ftr-485	1037	8	authorities	authority	NOUN
ftr-485	1037	9	to	to	PART
ftr-485	1037	10	alleviate	alleviate	VERB
ftr-485	1037	11	double	double	ADJ
ftr-485	1037	12	taxation	taxation	NOUN
ftr-485	1037	13	.	.	PUNCT
ftr-485	1038	1	in	in	ADP
ftr-485	1038	2	the	the	DET
ftr-485	1038	3	united	united	PROPN
ftr-485	1038	4	states	states	PROPN
ftr-485	1038	5	,	,	PUNCT
ftr-485	1038	6	the	the	DET
ftr-485	1038	7	service	service	NOUN
ftr-485	1038	8	could	could	AUX
ftr-485	1038	9	decide	decide	VERB
ftr-485	1038	10	that	that	SCONJ
ftr-485	1038	11	the	the	DET
ftr-485	1038	12	portfolio	portfolio	NOUN
ftr-485	1038	13	interest	interest	NOUN
ftr-485	1038	14	exemption	exemption	NOUN
ftr-485	1038	15	applies	apply	VERB
ftr-485	1038	16	to	to	ADP
ftr-485	1038	17	interest	interest	NOUN
ftr-485	1038	18	resulting	result	VERB
ftr-485	1038	19	from	from	ADP
ftr-485	1038	20	a	a	DET
ftr-485	1038	21	recharacterized	recharacterized	ADJ
ftr-485	1038	22	nonperiodic	nonperiodic	ADJ
ftr-485	1038	23	payment	payment	NOUN
ftr-485	1038	24	,	,	PUNCT
ftr-485	1038	25	even	even	ADV
ftr-485	1038	26	if	if	SCONJ
ftr-485	1038	27	the	the	DET
ftr-485	1038	28	interest	interest	NOUN
ftr-485	1038	29	is	be	AUX
ftr-485	1038	30	paid	pay	VERB
ftr-485	1038	31	to	to	ADP
ftr-485	1038	32	a	a	DET
ftr-485	1038	33	foreign	foreign	ADJ
ftr-485	1038	34	bank	bank	NOUN
ftr-485	1038	35	.	.	PUNCT
ftr-485	1039	1	such	such	DET
ftr-485	1039	2	an	an	DET
ftr-485	1039	3	interpretation	interpretation	NOUN
ftr-485	1039	4	could	could	AUX
ftr-485	1039	5	conceivably	conceivably	ADV
ftr-485	1039	6	be	be	AUX
ftr-485	1039	7	supported	support	VERB
ftr-485	1039	8	by	by	ADP
ftr-485	1039	9	construing	construe	VERB
ftr-485	1039	10	section	section	NOUN
ftr-485	1039	11	881	881	NUM
ftr-485	1039	12	(	(	PUNCT
ftr-485	1039	13	c)(3)(a	c)(3)(a	NOUN
ftr-485	1039	14	)	)	PUNCT
ftr-485	1039	15	to	to	PART
ftr-485	1039	16	mean	mean	VERB
ftr-485	1039	17	that	that	SCONJ
ftr-485	1039	18	a	a	DET
ftr-485	1039	19	bank	bank	NOUN
ftr-485	1039	20	does	do	AUX
ftr-485	1039	21	not	not	PART
ftr-485	1039	22	"	"	PUNCT
ftr-485	1039	23	extend	extend	VERB
ftr-485	1039	24	credit	credit	NOUN
ftr-485	1039	25	"	"	PUNCT
ftr-485	1039	26	in	in	ADP
ftr-485	1039	27	a	a	DET
ftr-485	1039	28	swap	swap	NOUN
ftr-485	1039	29	since	since	SCONJ
ftr-485	1039	30	the	the	DET
ftr-485	1039	31	principal	principal	NOUN
ftr-485	1039	32	may	may	AUX
ftr-485	1039	33	not	not	PART
ftr-485	1039	34	be	be	AUX
ftr-485	1039	35	repaid	repay	VERB
ftr-485	1039	36	.	.	PUNCT
ftr-485	1040	1	however	however	ADV
ftr-485	1040	2	,	,	PUNCT
ftr-485	1040	3	since	since	SCONJ
ftr-485	1040	4	recharacterization	recharacterization	NOUN
ftr-485	1040	5	is	be	AUX
ftr-485	1040	6	an	an	DET
ftr-485	1040	7	effort	effort	NOUN
ftr-485	1040	8	to	to	PART
ftr-485	1040	9	combat	combat	VERB
ftr-485	1040	10	hidden	hide	VERB
ftr-485	1040	11	extensions	extension	NOUN
ftr-485	1040	12	of	of	ADP
ftr-485	1040	13	credit	credit	NOUN
ftr-485	1040	14	,	,	PUNCT
ftr-485	1040	15	it	it	PRON
ftr-485	1040	16	seems	seem	VERB
ftr-485	1040	17	unlikely	unlikely	ADJ
ftr-485	1040	18	that	that	SCONJ
ftr-485	1040	19	the	the	DET
ftr-485	1040	20	service	service	NOUN
ftr-485	1040	21	will	will	AUX
ftr-485	1040	22	adopt	adopt	VERB
ftr-485	1040	23	this	this	DET
ftr-485	1040	24	construction	construction	NOUN
ftr-485	1040	25	.	.	PUNCT
ftr-485	1041	1	another	another	DET
ftr-485	1041	2	possible	possible	ADJ
ftr-485	1041	3	measure	measure	NOUN
ftr-485	1041	4	is	be	AUX
ftr-485	1041	5	to	to	PART
ftr-485	1041	6	alter	alter	VERB
ftr-485	1041	7	the	the	DET
ftr-485	1041	8	swap	swap	NOUN
ftr-485	1041	9	regulations	regulation	NOUN
ftr-485	1041	10	.	.	PUNCT
ftr-485	1042	1	specifically	specifically	ADV
ftr-485	1042	2	,	,	PUNCT
ftr-485	1042	3	the	the	DET
ftr-485	1042	4	phrase	phrase	NOUN
ftr-485	1042	5	"	"	PUNCT
ftr-485	1042	6	except	except	SCONJ
ftr-485	1042	7	for	for	ADP
ftr-485	1042	8	the	the	DET
ftr-485	1042	9	interest	interest	NOUN
ftr-485	1042	10	sourcing	source	VERB
ftr-485	1042	11	rules	rule	NOUN
ftr-485	1042	12	"	"	PUNCT
ftr-485	1042	13	could	could	AUX
ftr-485	1042	14	be	be	AUX
ftr-485	1042	15	added	add	VERB
ftr-485	1042	16	to	to	ADP
ftr-485	1042	17	section	section	NOUN
ftr-485	1042	18	1.446	1.446	NUM
ftr-485	1042	19	-	-	SYM
ftr-485	1042	20	3(g)(4	3(g)(4	NUM
ftr-485	1042	21	)	)	PUNCT
ftr-485	1042	22	,	,	PUNCT
ftr-485	1042	23	so	so	SCONJ
ftr-485	1042	24	that	that	SCONJ
ftr-485	1042	25	it	it	PRON
ftr-485	1042	26	would	would	AUX
ftr-485	1042	27	read	read	VERB
ftr-485	1042	28	"	"	PUNCT
ftr-485	1042	29	the	the	DET
ftr-485	1042	30	time	time	NOUN
ftr-485	1042	31	value	value	NOUN
ftr-485	1042	32	component	component	NOUN
ftr-485	1042	33	...	...	PUNCT
ftr-485	1042	34	is	be	AUX
ftr-485	1042	35	recognized	recognize	VERB
ftr-485	1042	36	as	as	ADP
ftr-485	1042	37	interest	interest	NOUN
ftr-485	1042	38	for	for	ADP
ftr-485	1042	39	all	all	DET
ftr-485	1042	40	purposes	purpose	NOUN
ftr-485	1042	41	of	of	ADP
ftr-485	1042	42	the	the	DET
ftr-485	1042	43	internal	internal	ADJ
ftr-485	1042	44	revenue	revenue	NOUN
ftr-485	1042	45	code	code	NOUN
ftr-485	1042	46	except	except	SCONJ
ftr-485	1042	47	the	the	DET
ftr-485	1042	48	interest	interest	NOUN
ftr-485	1042	49	sourcing	source	VERB
ftr-485	1042	50	rules	rule	NOUN
ftr-485	1042	51	.	.	PUNCT
ftr-485	1042	52	"	"	PUNCT
ftr-485	1043	1	the	the	DET
ftr-485	1043	2	interest	interest	NOUN
ftr-485	1043	3	,	,	PUNCT
ftr-485	1043	4	like	like	ADP
ftr-485	1043	5	all	all	DET
ftr-485	1043	6	swap	swap	NOUN
ftr-485	1043	7	income	income	NOUN
ftr-485	1043	8	,	,	PUNCT
ftr-485	1043	9	would	would	AUX
ftr-485	1043	10	then	then	ADV
ftr-485	1043	11	have	have	VERB
ftr-485	1043	12	its	its	PRON
ftr-485	1043	13	source	source	NOUN
ftr-485	1043	14	in	in	ADP
ftr-485	1043	15	the	the	DET
ftr-485	1043	16	recipient	recipient	NOUN
ftr-485	1043	17	's	's	PART
ftr-485	1043	18	country	country	NOUN
ftr-485	1043	19	of	of	ADP
ftr-485	1043	20	residence,'65	residence,'65	PROPN
ftr-485	1043	21	u.s	u.s	PROPN
ftr-485	1043	22	.	.	PROPN
ftr-485	1043	23	withholding	withholding	NOUN
ftr-485	1043	24	tax	tax	NOUN
ftr-485	1043	25	would	would	AUX
ftr-485	1043	26	not	not	PART
ftr-485	1043	27	apply	apply	VERB
ftr-485	1043	28	,	,	PUNCT
ftr-485	1043	29	and	and	CCONJ
ftr-485	1043	30	the	the	DET
ftr-485	1043	31	issue	issue	NOUN
ftr-485	1043	32	of	of	ADP
ftr-485	1043	33	whether	whether	SCONJ
ftr-485	1043	34	the	the	DET
ftr-485	1043	35	interest	interest	NOUN
ftr-485	1043	36	article	article	NOUN
ftr-485	1043	37	applies	apply	VERB
ftr-485	1043	38	to	to	ADP
ftr-485	1043	39	the	the	DET
ftr-485	1043	40	recharacterized	recharacterized	ADJ
ftr-485	1043	41	payments	payment	NOUN
ftr-485	1043	42	would	would	AUX
ftr-485	1043	43	be	be	AUX
ftr-485	1043	44	sidestepped	sidestep	VERB
ftr-485	1043	45	.	.	PUNCT
ftr-485	1044	1	this	this	DET
ftr-485	1044	2	revision	revision	NOUN
ftr-485	1044	3	might	might	AUX
ftr-485	1044	4	be	be	AUX
ftr-485	1044	5	supported	support	VERB
ftr-485	1044	6	by	by	ADP
ftr-485	1044	7	focusing	focus	VERB
ftr-485	1044	8	on	on	ADP
ftr-485	1044	9	the	the	DET
ftr-485	1044	10	purpose	purpose	NOUN
ftr-485	1044	11	behind	behind	ADP
ftr-485	1044	12	regulations	regulation	NOUN
ftr-485	1044	13	section	section	NOUN
ftr-485	1044	14	1.863	1.863	NUM
ftr-485	1044	15	-	-	SYM
ftr-485	1044	16	7	7	NUM
ftr-485	1044	17	,	,	PUNCT
ftr-485	1044	18	164	164	NUM
ftr-485	1044	19	.	.	PUNCT
ftr-485	1045	1	see	see	VERB
ftr-485	1045	2	regs	reg	NOUN
ftr-485	1045	3	.	.	PUNCT
ftr-485	1046	1	§	§	PROPN
ftr-485	1046	2	1.446	1.446	NUM
ftr-485	1046	3	-	-	SYM
ftr-485	1046	4	3(g)(4	3(g)(4	NUM
ftr-485	1046	5	)	)	PUNCT
ftr-485	1046	6	,	,	PUNCT
ftr-485	1046	7	(	(	PUNCT
ftr-485	1046	8	6	6	NUM
ftr-485	1046	9	)	)	PUNCT
ftr-485	1046	10	;	;	PUNCT
ftr-485	1046	11	see	see	VERB
ftr-485	1046	12	also	also	ADV
ftr-485	1046	13	supra	supra	PROPN
ftr-485	1046	14	part	part	PROPN
ftr-485	1046	15	il	il	PROPN
ftr-485	1046	16	.	.	PROPN
ftr-485	1047	1	however	however	ADV
ftr-485	1047	2	,	,	PUNCT
ftr-485	1047	3	even	even	ADV
ftr-485	1047	4	under	under	ADP
ftr-485	1047	5	the	the	DET
ftr-485	1047	6	9.1	9.1	NUM
ftr-485	1047	7	%	%	NOUN
ftr-485	1047	8	level	level	NOUN
ftr-485	1047	9	there	there	PRON
ftr-485	1047	10	could	could	AUX
ftr-485	1047	11	be	be	AUX
ftr-485	1047	12	recharacterization	recharacterization	ADJ
ftr-485	1047	13	because	because	SCONJ
ftr-485	1047	14	§	§	PROPN
ftr-485	1047	15	1.446	1.446	NUM
ftr-485	1047	16	-	-	SYM
ftr-485	1047	17	3(g)(4	3(g)(4	NUM
ftr-485	1047	18	)	)	PUNCT
ftr-485	1047	19	allows	allow	VERB
ftr-485	1047	20	for	for	ADP
ftr-485	1047	21	the	the	DET
ftr-485	1047	22	recharacterization	recharacterization	NOUN
ftr-485	1047	23	of	of	ADP
ftr-485	1047	24	any	any	DET
ftr-485	1047	25	nonperiodic	nonperiodic	ADJ
ftr-485	1047	26	swap	swap	NOUN
ftr-485	1047	27	payment	payment	NOUN
ftr-485	1047	28	by	by	ADP
ftr-485	1047	29	using	use	VERB
ftr-485	1047	30	irc	irc	PROPN
ftr-485	1047	31	§	§	PROPN
ftr-485	1047	32	956	956	NUM
ftr-485	1047	33	.	.	PUNCT
ftr-485	1047	34	165	165	NUM
ftr-485	1047	35	.	.	PUNCT
ftr-485	1047	36	regs	regs	PROPN
ftr-485	1047	37	.	.	PUNCT
ftr-485	1048	1	§	§	PROPN
ftr-485	1048	2	1.863	1.863	NUM
ftr-485	1048	3	-	-	PUNCT
ftr-485	1048	4	7(b)(1	7(b)(1	NUM
ftr-485	1048	5	)	)	PUNCT
ftr-485	1049	1	;	;	PUNCT
ftr-485	1049	2	see	see	VERB
ftr-485	1049	3	supra	supra	PROPN
ftr-485	1049	4	part	part	NOUN
ftr-485	1049	5	jii.b.3	jii.b.3	NOUN
ftr-485	1049	6	(	(	PUNCT
ftr-485	1049	7	discussing	discuss	VERB
ftr-485	1049	8	sourcing	source	VERB
ftr-485	1049	9	rules	rule	NOUN
ftr-485	1049	10	)	)	PUNCT
ftr-485	1049	11	.	.	PUNCT
ftr-485	1050	1	[	[	X
ftr-485	1050	2	val	val	NOUN
ftr-485	1050	3	2:11	2:11	NUM
ftr-485	1050	4	the	the	DET
ftr-485	1050	5	recharacterization	recharacterization	NOUN
ftr-485	1050	6	of	of	ADP
ftr-485	1050	7	cross	cross	ADJ
ftr-485	1050	8	-	-	ADJ
ftr-485	1050	9	border	border	ADJ
ftr-485	1050	10	interest	interest	NOUN
ftr-485	1050	11	rate	rate	NOUN
ftr-485	1050	12	swaps	swap	NOUN
ftr-485	1050	13	finalized	finalize	VERB
ftr-485	1050	14	two	two	NUM
ftr-485	1050	15	years	year	NOUN
ftr-485	1050	16	before	before	ADP
ftr-485	1050	17	the	the	DET
ftr-485	1050	18	swap	swap	NOUN
ftr-485	1050	19	regulations	regulation	NOUN
ftr-485	1050	20	,	,	PUNCT
ftr-485	1050	21	which	which	PRON
ftr-485	1050	22	sources	source	NOUN
ftr-485	1050	23	income	income	VERB
ftr-485	1050	24	"	"	PUNCT
ftr-485	1050	25	attributable	attributable	ADJ
ftr-485	1050	26	"	"	PUNCT
ftr-485	1050	27	to	to	ADP
ftr-485	1050	28	notional	notional	ADJ
ftr-485	1050	29	principal	principal	ADJ
ftr-485	1050	30	contracts	contract	NOUN
ftr-485	1050	31	to	to	ADP
ftr-485	1050	32	the	the	DET
ftr-485	1050	33	residence	residence	NOUN
ftr-485	1050	34	of	of	ADP
ftr-485	1050	35	the	the	DET
ftr-485	1050	36	income	income	NOUN
ftr-485	1050	37	recipient	recipient	NOUN
ftr-485	1050	38	.	.	PUNCT
ftr-485	1051	1	clearly	clearly	ADV
ftr-485	1051	2	,	,	PUNCT
ftr-485	1051	3	the	the	DET
ftr-485	1051	4	policy	policy	NOUN
ftr-485	1051	5	inherent	inherent	ADJ
ftr-485	1051	6	in	in	ADP
ftr-485	1051	7	this	this	DET
ftr-485	1051	8	provision	provision	NOUN
ftr-485	1051	9	is	be	AUX
ftr-485	1051	10	to	to	PART
ftr-485	1051	11	preempt	preempt	VERB
ftr-485	1051	12	any	any	DET
ftr-485	1051	13	u.s	u.s	PROPN
ftr-485	1051	14	.	.	PROPN
ftr-485	1051	15	taxation	taxation	NOUN
ftr-485	1051	16	on	on	ADP
ftr-485	1051	17	such	such	ADJ
ftr-485	1051	18	income	income	NOUN
ftr-485	1051	19	paid	pay	VERB
ftr-485	1051	20	abroad	abroad	ADV
ftr-485	1051	21	.	.	PUNCT
ftr-485	1052	1	as	as	SCONJ
ftr-485	1052	2	the	the	DET
ftr-485	1052	3	regulations	regulation	NOUN
ftr-485	1052	4	now	now	ADV
ftr-485	1052	5	stand	stand	VERB
ftr-485	1052	6	,	,	PUNCT
ftr-485	1052	7	interest	interest	NOUN
ftr-485	1052	8	income	income	NOUN
ftr-485	1052	9	deriving	derive	VERB
ftr-485	1052	10	from	from	ADP
ftr-485	1052	11	a	a	DET
ftr-485	1052	12	large	large	ADJ
ftr-485	1052	13	nonperiodic	nonperiodic	ADJ
ftr-485	1052	14	payment	payment	NOUN
ftr-485	1052	15	,	,	PUNCT
ftr-485	1052	16	while	while	SCONJ
ftr-485	1052	17	originating	originate	VERB
ftr-485	1052	18	in	in	ADP
ftr-485	1052	19	a	a	DET
ftr-485	1052	20	swap	swap	NOUN
ftr-485	1052	21	contract	contract	NOUN
ftr-485	1052	22	,	,	PUNCT
ftr-485	1052	23	is	be	AUX
ftr-485	1052	24	not	not	PART
ftr-485	1052	25	"	"	PUNCT
ftr-485	1052	26	attributable	attributable	ADJ
ftr-485	1052	27	"	"	PUNCT
ftr-485	1052	28	to	to	ADP
ftr-485	1052	29	the	the	DET
ftr-485	1052	30	swap	swap	NOUN
ftr-485	1052	31	because	because	SCONJ
ftr-485	1052	32	the	the	DET
ftr-485	1052	33	swap	swap	NOUN
ftr-485	1052	34	regulations	regulation	NOUN
ftr-485	1052	35	plainly	plainly	ADV
ftr-485	1052	36	state	state	NOUN
ftr-485	1052	37	that	that	SCONJ
ftr-485	1052	38	the	the	DET
ftr-485	1052	39	time	time	NOUN
ftr-485	1052	40	value	value	NOUN
ftr-485	1052	41	of	of	ADP
ftr-485	1052	42	money	money	NOUN
ftr-485	1052	43	component	component	NOUN
ftr-485	1052	44	of	of	ADP
ftr-485	1052	45	the	the	DET
ftr-485	1052	46	recharacterized	recharacterized	ADJ
ftr-485	1052	47	loan	loan	NOUN
ftr-485	1052	48	is	be	AUX
ftr-485	1052	49	interest	interest	NOUN
ftr-485	1052	50	for	for	ADP
ftr-485	1052	51	"	"	PUNCT
ftr-485	1052	52	all	all	DET
ftr-485	1052	53	"	"	PUNCT
ftr-485	1052	54	purposes	purpose	NOUN
ftr-485	1052	55	of	of	ADP
ftr-485	1052	56	the	the	DET
ftr-485	1052	57	code	code	NOUN
ftr-485	1052	58	.	.	PUNCT
ftr-485	1053	1	double	double	ADJ
ftr-485	1053	2	taxation	taxation	NOUN
ftr-485	1053	3	would	would	AUX
ftr-485	1053	4	also	also	ADV
ftr-485	1053	5	be	be	AUX
ftr-485	1053	6	alleviated	alleviate	VERB
ftr-485	1053	7	if	if	SCONJ
ftr-485	1053	8	the	the	DET
ftr-485	1053	9	residence	residence	NOUN
ftr-485	1053	10	state	state	NOUN
ftr-485	1053	11	of	of	ADP
ftr-485	1053	12	m	m	PROPN
ftr-485	1053	13	,	,	PUNCT
ftr-485	1053	14	the	the	DET
ftr-485	1053	15	"	"	PUNCT
ftr-485	1053	16	interest	interest	NOUN
ftr-485	1053	17	"	"	PUNCT
ftr-485	1053	18	recipient	recipient	NOUN
ftr-485	1053	19	,	,	PUNCT
ftr-485	1053	20	adhered	adhere	VERB
ftr-485	1053	21	to	to	ADP
ftr-485	1053	22	the	the	DET
ftr-485	1053	23	source	source	NOUN
ftr-485	1053	24	state	state	NOUN
ftr-485	1053	25	qualification	qualification	NOUN
ftr-485	1053	26	of	of	ADP
ftr-485	1053	27	the	the	DET
ftr-485	1053	28	income	income	NOUN
ftr-485	1053	29	,	,	PUNCT
ftr-485	1053	30	as	as	SCONJ
ftr-485	1053	31	discussed	discuss	VERB
ftr-485	1053	32	in	in	ADP
ftr-485	1053	33	part	part	NOUN
ftr-485	1053	34	vii.f	vii.f	PROPN
ftr-485	1053	35	.	.	PUNCT
ftr-485	1054	1	however	however	ADV
ftr-485	1054	2	,	,	PUNCT
ftr-485	1054	3	for	for	ADP
ftr-485	1054	4	reasons	reason	NOUN
ftr-485	1054	5	already	already	ADV
ftr-485	1054	6	discussed	discuss	VERB
ftr-485	1054	7	,	,	PUNCT
ftr-485	1054	8	this	this	DET
ftr-485	1054	9	approach	approach	NOUN
ftr-485	1054	10	by	by	ADP
ftr-485	1054	11	residence	residence	NOUN
ftr-485	1054	12	state	state	NOUN
ftr-485	1054	13	revenue	revenue	NOUN
ftr-485	1054	14	authorities	authority	NOUN
ftr-485	1054	15	seems	seem	VERB
ftr-485	1054	16	unlikely	unlikely	ADJ
ftr-485	1054	17	.	.	PUNCT
ftr-485	1055	1	conversely	conversely	ADV
ftr-485	1055	2	,	,	PUNCT
ftr-485	1055	3	the	the	DET
ftr-485	1055	4	state	state	NOUN
ftr-485	1055	5	of	of	ADP
ftr-485	1055	6	interest	interest	NOUN
ftr-485	1055	7	payor	payor	PROPN
ftr-485	1055	8	n	n	CCONJ
ftr-485	1055	9	,	,	PUNCT
ftr-485	1055	10	despite	despite	SCONJ
ftr-485	1055	11	recharacterizing	recharacterize	VERB
ftr-485	1055	12	the	the	DET
ftr-485	1055	13	income	income	NOUN
ftr-485	1055	14	as	as	ADP
ftr-485	1055	15	interest	interest	NOUN
ftr-485	1055	16	under	under	ADP
ftr-485	1055	17	domestic	domestic	ADJ
ftr-485	1055	18	law	law	NOUN
ftr-485	1055	19	,	,	PUNCT
ftr-485	1055	20	could	could	AUX
ftr-485	1055	21	conclude	conclude	VERB
ftr-485	1055	22	that	that	SCONJ
ftr-485	1055	23	the	the	DET
ftr-485	1055	24	interest	interest	NOUN
ftr-485	1055	25	article	article	NOUN
ftr-485	1055	26	is	be	AUX
ftr-485	1055	27	not	not	PART
ftr-485	1055	28	the	the	DET
ftr-485	1055	29	appropriate	appropriate	ADJ
ftr-485	1055	30	treaty	treaty	NOUN
ftr-485	1055	31	article	article	NOUN
ftr-485	1055	32	to	to	PART
ftr-485	1055	33	apply	apply	VERB
ftr-485	1055	34	.	.	PUNCT
ftr-485	1056	1	such	such	DET
ftr-485	1056	2	a	a	DET
ftr-485	1056	3	position	position	NOUN
ftr-485	1056	4	is	be	AUX
ftr-485	1056	5	theoretically	theoretically	ADV
ftr-485	1056	6	possible	possible	ADJ
ftr-485	1056	7	by	by	ADP
ftr-485	1056	8	acknowledging	acknowledge	VERB
ftr-485	1056	9	that	that	SCONJ
ftr-485	1056	10	the	the	DET
ftr-485	1056	11	interest	interest	NOUN
ftr-485	1056	12	is	be	AUX
ftr-485	1056	13	not	not	PART
ftr-485	1056	14	"	"	PUNCT
ftr-485	1056	15	interest	interest	NOUN
ftr-485	1056	16	"	"	PUNCT
ftr-485	1056	17	for	for	ADP
ftr-485	1056	18	treaty	treaty	NOUN
ftr-485	1056	19	purposes	purpose	NOUN
ftr-485	1056	20	,	,	PUNCT
ftr-485	1056	21	supported	support	VERB
ftr-485	1056	22	by	by	ADP
ftr-485	1056	23	the	the	DET
ftr-485	1056	24	realization	realization	NOUN
ftr-485	1056	25	that	that	SCONJ
ftr-485	1056	26	there	there	PRON
ftr-485	1056	27	is	be	VERB
ftr-485	1056	28	no	no	DET
ftr-485	1056	29	"	"	PUNCT
ftr-485	1056	30	debt	debt	NOUN
ftr-485	1056	31	-	-	PUNCT
ftr-485	1056	32	claim	claim	NOUN
ftr-485	1056	33	"	"	PUNCT
ftr-485	1056	34	certain	certain	ADJ
ftr-485	1056	35	to	to	PART
ftr-485	1056	36	be	be	AUX
ftr-485	1056	37	repaid	repay	VERB
ftr-485	1056	38	.	.	PUNCT
ftr-485	1057	1	however	however	ADV
ftr-485	1057	2	,	,	PUNCT
ftr-485	1057	3	this	this	DET
ftr-485	1057	4	position	position	NOUN
ftr-485	1057	5	does	do	AUX
ftr-485	1057	6	not	not	PART
ftr-485	1057	7	seem	seem	VERB
ftr-485	1057	8	likely	likely	ADJ
ftr-485	1057	9	under	under	ADP
ftr-485	1057	10	the	the	DET
ftr-485	1057	11	u.s	u.s	PROPN
ftr-485	1057	12	.	.	PROPN
ftr-485	1057	13	swap	swap	NOUN
ftr-485	1057	14	regulations	regulation	NOUN
ftr-485	1057	15	as	as	SCONJ
ftr-485	1057	16	it	it	PRON
ftr-485	1057	17	is	be	AUX
ftr-485	1057	18	contrary	contrary	ADJ
ftr-485	1057	19	to	to	ADP
ftr-485	1057	20	the	the	DET
ftr-485	1057	21	theory	theory	NOUN
ftr-485	1057	22	of	of	ADP
ftr-485	1057	23	the	the	DET
ftr-485	1057	24	embedded	embed	VERB
ftr-485	1057	25	loan	loan	NOUN
ftr-485	1057	26	recharacterization	recharacterization	NOUN
ftr-485	1057	27	.	.	PUNCT
ftr-485	1058	1	nevertheless	nevertheless	ADV
ftr-485	1058	2	,	,	PUNCT
ftr-485	1058	3	if	if	SCONJ
ftr-485	1058	4	n	n	NOUN
ftr-485	1058	5	's	's	PART
ftr-485	1058	6	state	state	NOUN
ftr-485	1058	7	took	take	VERB
ftr-485	1058	8	this	this	DET
ftr-485	1058	9	approach	approach	NOUN
ftr-485	1058	10	,	,	PUNCT
ftr-485	1058	11	it	it	PRON
ftr-485	1058	12	could	could	AUX
ftr-485	1058	13	apply	apply	VERB
ftr-485	1058	14	article	article	NOUN
ftr-485	1058	15	7	7	NUM
ftr-485	1058	16	or	or	CCONJ
ftr-485	1058	17	21	21	NUM
ftr-485	1058	18	and	and	CCONJ
ftr-485	1058	19	assume	assume	VERB
ftr-485	1058	20	that	that	SCONJ
ftr-485	1058	21	the	the	DET
ftr-485	1058	22	residence	residence	NOUN
ftr-485	1058	23	state	state	NOUN
ftr-485	1058	24	of	of	ADP
ftr-485	1058	25	the	the	DET
ftr-485	1058	26	income	income	NOUN
ftr-485	1058	27	recipient	recipient	NOUN
ftr-485	1058	28	would	would	AUX
ftr-485	1058	29	apply	apply	VERB
ftr-485	1058	30	one	one	NUM
ftr-485	1058	31	of	of	ADP
ftr-485	1058	32	them	they	PRON
ftr-485	1058	33	as	as	ADV
ftr-485	1058	34	well	well	ADV
ftr-485	1058	35	,	,	PUNCT
ftr-485	1058	36	thus	thus	ADV
ftr-485	1058	37	alleviating	alleviate	VERB
ftr-485	1058	38	double	double	ADJ
ftr-485	1058	39	taxation	taxation	NOUN
ftr-485	1058	40	.	.	PUNCT
ftr-485	1059	1	this	this	PRON
ftr-485	1059	2	is	be	AUX
ftr-485	1059	3	a	a	DET
ftr-485	1059	4	more	more	ADV
ftr-485	1059	5	realistic	realistic	ADJ
ftr-485	1059	6	expectation	expectation	NOUN
ftr-485	1059	7	than	than	ADP
ftr-485	1059	8	hoping	hope	VERB
ftr-485	1059	9	that	that	SCONJ
ftr-485	1059	10	they	they	PRON
ftr-485	1059	11	both	both	PRON
ftr-485	1059	12	apply	apply	VERB
ftr-485	1059	13	the	the	DET
ftr-485	1059	14	interest	interest	NOUN
ftr-485	1059	15	article	article	NOUN
ftr-485	1059	16	.	.	PUNCT
ftr-485	1060	1	however	however	ADV
ftr-485	1060	2	,	,	PUNCT
ftr-485	1060	3	this	this	DET
ftr-485	1060	4	approach	approach	NOUN
ftr-485	1060	5	could	could	AUX
ftr-485	1060	6	also	also	ADV
ftr-485	1060	7	lead	lead	VERB
ftr-485	1060	8	to	to	ADP
ftr-485	1060	9	an	an	DET
ftr-485	1060	10	absence	absence	NOUN
ftr-485	1060	11	of	of	ADP
ftr-485	1060	12	treaty	treaty	NOUN
ftr-485	1060	13	coverage	coverage	NOUN
ftr-485	1060	14	on	on	ADP
ftr-485	1060	15	the	the	DET
ftr-485	1060	16	payment	payment	NOUN
ftr-485	1060	17	by	by	ADP
ftr-485	1060	18	n	n	CCONJ
ftr-485	1060	19	and	and	CCONJ
ftr-485	1060	20	the	the	DET
ftr-485	1060	21	imposition	imposition	NOUN
ftr-485	1060	22	of	of	ADP
ftr-485	1060	23	withholding	withholding	NOUN
ftr-485	1060	24	tax	tax	NOUN
ftr-485	1060	25	by	by	ADP
ftr-485	1060	26	the	the	DET
ftr-485	1060	27	source	source	NOUN
ftr-485	1060	28	state	state	NOUN
ftr-485	1060	29	.	.	PUNCT
ftr-485	1061	1	if	if	SCONJ
ftr-485	1061	2	the	the	DET
ftr-485	1061	3	transaction	transaction	NOUN
ftr-485	1061	4	is	be	AUX
ftr-485	1061	5	not	not	PART
ftr-485	1061	6	part	part	NOUN
ftr-485	1061	7	of	of	ADP
ftr-485	1061	8	an	an	DET
ftr-485	1061	9	active	active	ADJ
ftr-485	1061	10	business	business	NOUN
ftr-485	1061	11	operation	operation	NOUN
ftr-485	1061	12	of	of	ADP
ftr-485	1061	13	m	m	PROPN
ftr-485	1061	14	and	and	CCONJ
ftr-485	1061	15	thus	thus	ADV
ftr-485	1061	16	not	not	PART
ftr-485	1061	17	under	under	ADP
ftr-485	1061	18	article	article	NOUN
ftr-485	1061	19	7	7	NUM
ftr-485	1061	20	,	,	PUNCT
ftr-485	1061	21	which	which	PRON
ftr-485	1061	22	applies	apply	VERB
ftr-485	1061	23	only	only	ADV
ftr-485	1061	24	to	to	ADP
ftr-485	1061	25	business	business	NOUN
ftr-485	1061	26	profits	profit	NOUN
ftr-485	1061	27	,	,	PUNCT
ftr-485	1061	28	and	and	CCONJ
ftr-485	1061	29	if	if	SCONJ
ftr-485	1061	30	the	the	DET
ftr-485	1061	31	treaty	treaty	NOUN
ftr-485	1061	32	does	do	AUX
ftr-485	1061	33	not	not	PART
ftr-485	1061	34	contain	contain	VERB
ftr-485	1061	35	an	an	DET
ftr-485	1061	36	article	article	NOUN
ftr-485	1061	37	on	on	ADP
ftr-485	1061	38	other	other	ADJ
ftr-485	1061	39	income	income	NOUN
ftr-485	1061	40	(	(	PUNCT
ftr-485	1061	41	article	article	NOUN
ftr-485	1061	42	21	21	NUM
ftr-485	1061	43	of	of	ADP
ftr-485	1061	44	the	the	DET
ftr-485	1061	45	models	model	NOUN
ftr-485	1061	46	)	)	PUNCT
ftr-485	1061	47	,	,	PUNCT
ftr-485	1061	48	there	there	PRON
ftr-485	1061	49	would	would	AUX
ftr-485	1061	50	be	be	AUX
ftr-485	1061	51	no	no	DET
ftr-485	1061	52	treaty	treaty	NOUN
ftr-485	1061	53	coverage	coverage	NOUN
ftr-485	1061	54	.	.	PUNCT
ftr-485	1062	1	this	this	PRON
ftr-485	1062	2	would	would	AUX
ftr-485	1062	3	even	even	ADV
ftr-485	1062	4	be	be	AUX
ftr-485	1062	5	the	the	DET
ftr-485	1062	6	case	case	NOUN
ftr-485	1062	7	where	where	SCONJ
ftr-485	1062	8	the	the	DET
ftr-485	1062	9	treaty	treaty	NOUN
ftr-485	1062	10	provided	provide	VERB
ftr-485	1062	11	for	for	ADP
ftr-485	1062	12	exclusive	exclusive	ADJ
ftr-485	1062	13	taxation	taxation	NOUN
ftr-485	1062	14	of	of	ADP
ftr-485	1062	15	interest	interest	NOUN
ftr-485	1062	16	in	in	ADP
ftr-485	1062	17	the	the	DET
ftr-485	1062	18	residence	residence	NOUN
ftr-485	1062	19	state	state	NOUN
ftr-485	1062	20	of	of	ADP
ftr-485	1062	21	the	the	DET
ftr-485	1062	22	interest	interest	NOUN
ftr-485	1062	23	recipient	recipient	NOUN
ftr-485	1062	24	(	(	PUNCT
ftr-485	1062	25	as	as	ADP
ftr-485	1062	26	under	under	ADP
ftr-485	1062	27	the	the	DET
ftr-485	1062	28	u.s	u.s	PROPN
ftr-485	1062	29	.	.	PROPN
ftr-485	1062	30	model	model	PROPN
ftr-485	1062	31	)	)	PUNCT
ftr-485	1062	32	because	because	SCONJ
ftr-485	1062	33	,	,	PUNCT
ftr-485	1062	34	as	as	SCONJ
ftr-485	1062	35	noted	note	VERB
ftr-485	1062	36	,	,	PUNCT
ftr-485	1062	37	the	the	DET
ftr-485	1062	38	interest	interest	NOUN
ftr-485	1062	39	article	article	NOUN
ftr-485	1062	40	would	would	AUX
ftr-485	1062	41	not	not	PART
ftr-485	1062	42	be	be	AUX
ftr-485	1062	43	applied	apply	VERB
ftr-485	1062	44	by	by	ADP
ftr-485	1062	45	n	n	CCONJ
ftr-485	1062	46	's	's	PART
ftr-485	1062	47	state	state	NOUN
ftr-485	1062	48	.	.	PUNCT
ftr-485	1063	1	thus	thus	ADV
ftr-485	1063	2	,	,	PUNCT
ftr-485	1063	3	a	a	DET
ftr-485	1063	4	source	source	NOUN
ftr-485	1063	5	state	state	NOUN
ftr-485	1063	6	policy	policy	NOUN
ftr-485	1063	7	of	of	ADP
ftr-485	1063	8	viewing	view	VERB
ftr-485	1063	9	the	the	DET
ftr-485	1063	10	recharacterized	recharacterized	ADJ
ftr-485	1063	11	"	"	PUNCT
ftr-485	1063	12	interest	interest	NOUN
ftr-485	1063	13	"	"	PUNCT
ftr-485	1063	14	as	as	ADP
ftr-485	1063	15	not	not	PART
ftr-485	1063	16	interest	interest	NOUN
ftr-485	1063	17	for	for	ADP
ftr-485	1063	18	treaty	treaty	NOUN
ftr-485	1063	19	purposes	purpose	NOUN
ftr-485	1063	20	is	be	AUX
ftr-485	1063	21	a	a	DET
ftr-485	1063	22	double	double	ADJ
ftr-485	1063	23	-	-	PUNCT
ftr-485	1063	24	edged	edge	VERB
ftr-485	1063	25	sword	sword	NOUN
ftr-485	1063	26	.	.	PUNCT
ftr-485	1064	1	new	new	ADJ
ftr-485	1064	2	treaty	treaty	NOUN
ftr-485	1064	3	provisions	provision	NOUN
ftr-485	1064	4	seem	seem	VERB
ftr-485	1064	5	to	to	PART
ftr-485	1064	6	be	be	AUX
ftr-485	1064	7	a	a	DET
ftr-485	1064	8	promising	promising	ADJ
ftr-485	1064	9	means	mean	NOUN
ftr-485	1064	10	of	of	ADP
ftr-485	1064	11	eventually	eventually	ADV
ftr-485	1064	12	eliminating	eliminate	VERB
ftr-485	1064	13	double	double	ADJ
ftr-485	1064	14	taxation	taxation	NOUN
ftr-485	1064	15	on	on	ADP
ftr-485	1064	16	payments	payment	NOUN
ftr-485	1064	17	under	under	ADP
ftr-485	1064	18	a	a	DET
ftr-485	1064	19	swap	swap	NOUN
ftr-485	1064	20	with	with	ADP
ftr-485	1064	21	a	a	DET
ftr-485	1064	22	large	large	ADJ
ftr-485	1064	23	nonperiodic	nonperiodic	ADJ
ftr-485	1064	24	payment	payment	NOUN
ftr-485	1064	25	.	.	PUNCT
ftr-485	1065	1	for	for	ADP
ftr-485	1065	2	instance	instance	NOUN
ftr-485	1065	3	,	,	PUNCT
ftr-485	1065	4	a	a	DET
ftr-485	1065	5	treaty	treaty	NOUN
ftr-485	1065	6	provision	provision	NOUN
ftr-485	1065	7	could	could	AUX
ftr-485	1065	8	be	be	AUX
ftr-485	1065	9	developed	develop	VERB
ftr-485	1065	10	establishing	establish	VERB
ftr-485	1065	11	a	a	DET
ftr-485	1065	12	basic	basic	ADJ
ftr-485	1065	13	framework	framework	NOUN
ftr-485	1065	14	for	for	ADP
ftr-485	1065	15	swap	swap	NOUN
ftr-485	1065	16	payments	payment	NOUN
ftr-485	1065	17	akin	akin	ADJ
ftr-485	1065	18	to	to	ADP
ftr-485	1065	19	that	that	PRON
ftr-485	1065	20	currently	currently	ADV
ftr-485	1065	21	found	find	VERB
ftr-485	1065	22	in	in	ADP
ftr-485	1065	23	the	the	DET
ftr-485	1065	24	interest	interest	NOUN
ftr-485	1065	25	article	article	NOUN
ftr-485	1065	26	.	.	PUNCT
ftr-485	1066	1	the	the	DET
ftr-485	1066	2	term	term	NOUN
ftr-485	1066	3	"	"	PUNCT
ftr-485	1066	4	swap	swap	ADJ
ftr-485	1066	5	related	related	ADJ
ftr-485	1066	6	payments	payment	NOUN
ftr-485	1066	7	"	"	PUNCT
ftr-485	1066	8	could	could	AUX
ftr-485	1066	9	be	be	AUX
ftr-485	1066	10	defined	define	VERB
ftr-485	1066	11	to	to	PART
ftr-485	1066	12	include	include	VERB
ftr-485	1066	13	any	any	DET
ftr-485	1066	14	payment	payment	NOUN
ftr-485	1066	15	resulting	result	VERB
ftr-485	1066	16	from	from	ADP
ftr-485	1066	17	a	a	DET
ftr-485	1066	18	swap	swap	NOUN
ftr-485	1066	19	transaction	transaction	NOUN
ftr-485	1066	20	or	or	CCONJ
ftr-485	1066	21	associated	associate	VERB
ftr-485	1066	22	with	with	ADP
ftr-485	1066	23	one	one	NUM
ftr-485	1066	24	.	.	PUNCT
ftr-485	1067	1	thus	thus	ADV
ftr-485	1067	2	,	,	PUNCT
ftr-485	1067	3	even	even	ADV
ftr-485	1067	4	if	if	SCONJ
ftr-485	1067	5	a	a	DET
ftr-485	1067	6	country	country	NOUN
ftr-485	1067	7	characterizes	characterize	VERB
ftr-485	1067	8	a	a	DET
ftr-485	1067	9	swap	swap	NOUN
ftr-485	1067	10	related	relate	VERB
ftr-485	1067	11	payment	payment	NOUN
ftr-485	1067	12	as	as	ADP
ftr-485	1067	13	interest	interest	NOUN
ftr-485	1067	14	,	,	PUNCT
ftr-485	1067	15	as	as	ADP
ftr-485	1067	16	in	in	ADP
ftr-485	1067	17	the	the	DET
ftr-485	1067	18	example	example	NOUN
ftr-485	1067	19	,	,	PUNCT
ftr-485	1067	20	it	it	PRON
ftr-485	1067	21	would	would	AUX
ftr-485	1067	22	still	still	ADV
ftr-485	1067	23	fall	fall	VERB
ftr-485	1067	24	under	under	ADP
ftr-485	1067	25	the	the	DET
ftr-485	1067	26	swap	swap	NOUN
ftr-485	1067	27	article	article	NOUN
ftr-485	1067	28	.	.	PUNCT
ftr-485	1068	1	as	as	ADP
ftr-485	1068	2	under	under	ADP
ftr-485	1068	3	the	the	DET
ftr-485	1068	4	interest	interest	NOUN
ftr-485	1068	5	article	article	NOUN
ftr-485	1068	6	,	,	PUNCT
ftr-485	1068	7	swap	swap	VERB
ftr-485	1068	8	related	related	ADJ
ftr-485	1068	9	payments	payment	NOUN
ftr-485	1068	10	arising	arise	VERB
ftr-485	1068	11	in	in	ADP
ftr-485	1068	12	a	a	DET
ftr-485	1068	13	19951	19951	NUM
ftr-485	1068	14	florida	florida	PROPN
ftr-485	1068	15	tax	tax	NOUN
ftr-485	1068	16	review	review	NOUN
ftr-485	1068	17	contracting	contract	VERB
ftr-485	1068	18	state	state	NOUN
ftr-485	1068	19	could	could	AUX
ftr-485	1068	20	be	be	AUX
ftr-485	1068	21	taxed	tax	VERB
ftr-485	1068	22	in	in	ADP
ftr-485	1068	23	that	that	DET
ftr-485	1068	24	state	state	NOUN
ftr-485	1068	25	and	and	CCONJ
ftr-485	1068	26	according	accord	VERB
ftr-485	1068	27	to	to	ADP
ftr-485	1068	28	the	the	DET
ftr-485	1068	29	laws	law	NOUN
ftr-485	1068	30	of	of	ADP
ftr-485	1068	31	that	that	DET
ftr-485	1068	32	state	state	NOUN
ftr-485	1068	33	,	,	PUNCT
ftr-485	1068	34	but	but	CCONJ
ftr-485	1068	35	the	the	DET
ftr-485	1068	36	tax	tax	NOUN
ftr-485	1068	37	could	could	AUX
ftr-485	1068	38	not	not	PART
ftr-485	1068	39	exceed	exceed	VERB
ftr-485	1068	40	a	a	DET
ftr-485	1068	41	maximum	maximum	ADJ
ftr-485	1068	42	negotiated	negotiate	VERB
ftr-485	1068	43	rate	rate	NOUN
ftr-485	1068	44	(	(	PUNCT
ftr-485	1068	45	which	which	PRON
ftr-485	1068	46	could	could	AUX
ftr-485	1068	47	be	be	AUX
ftr-485	1068	48	zero).166	zero).166	NOUN
ftr-485	1068	49	if	if	SCONJ
ftr-485	1068	50	the	the	DET
ftr-485	1068	51	source	source	NOUN
ftr-485	1068	52	state	state	NOUN
ftr-485	1068	53	imposes	impose	VERB
ftr-485	1068	54	tax	tax	NOUN
ftr-485	1068	55	,	,	PUNCT
ftr-485	1068	56	the	the	DET
ftr-485	1068	57	residence	residence	NOUN
ftr-485	1068	58	state	state	NOUN
ftr-485	1068	59	of	of	ADP
ftr-485	1068	60	the	the	DET
ftr-485	1068	61	recipient	recipient	NOUN
ftr-485	1068	62	would	would	AUX
ftr-485	1068	63	alleviate	alleviate	VERB
ftr-485	1068	64	that	that	DET
ftr-485	1068	65	tax	tax	NOUN
ftr-485	1068	66	in	in	ADP
ftr-485	1068	67	conjunction	conjunction	NOUN
ftr-485	1068	68	with	with	ADP
ftr-485	1068	69	article	article	NOUN
ftr-485	1068	70	23	23	NUM
ftr-485	1068	71	.	.	PUNCT
ftr-485	1069	1	in	in	ADP
ftr-485	1069	2	light	light	NOUN
ftr-485	1069	3	of	of	ADP
ftr-485	1069	4	the	the	DET
ftr-485	1069	5	various	various	ADJ
ftr-485	1069	6	domestic	domestic	ADJ
ftr-485	1069	7	qualifications	qualification	NOUN
ftr-485	1069	8	possible	possible	ADJ
ftr-485	1069	9	for	for	ADP
ftr-485	1069	10	this	this	DET
ftr-485	1069	11	type	type	NOUN
ftr-485	1069	12	of	of	ADP
ftr-485	1069	13	swap	swap	ADJ
ftr-485	1069	14	related	relate	VERB
ftr-485	1069	15	payment	payment	NOUN
ftr-485	1069	16	,	,	PUNCT
ftr-485	1069	17	a	a	DET
ftr-485	1069	18	comprehensive	comprehensive	ADJ
ftr-485	1069	19	treaty	treaty	NOUN
ftr-485	1069	20	provision	provision	NOUN
ftr-485	1069	21	would	would	AUX
ftr-485	1069	22	greatly	greatly	ADV
ftr-485	1069	23	reduce	reduce	VERB
ftr-485	1069	24	the	the	DET
ftr-485	1069	25	likelihood	likelihood	NOUN
ftr-485	1069	26	of	of	ADP
ftr-485	1069	27	double	double	ADJ
ftr-485	1069	28	taxation	taxation	NOUN
ftr-485	1069	29	.	.	PUNCT
ftr-485	1070	1	such	such	DET
ftr-485	1070	2	a	a	DET
ftr-485	1070	3	measure	measure	NOUN
ftr-485	1070	4	would	would	AUX
ftr-485	1070	5	be	be	AUX
ftr-485	1070	6	most	most	ADV
ftr-485	1070	7	useful	useful	ADJ
ftr-485	1070	8	for	for	ADP
ftr-485	1070	9	new	new	ADJ
ftr-485	1070	10	treaties	treaty	NOUN
ftr-485	1070	11	,	,	PUNCT
ftr-485	1070	12	as	as	SCONJ
ftr-485	1070	13	insertion	insertion	NOUN
ftr-485	1070	14	into	into	ADP
ftr-485	1070	15	existing	exist	VERB
ftr-485	1070	16	ones	one	NOUN
ftr-485	1070	17	would	would	AUX
ftr-485	1070	18	require	require	VERB
ftr-485	1070	19	that	that	SCONJ
ftr-485	1070	20	they	they	PRON
ftr-485	1070	21	be	be	AUX
ftr-485	1070	22	renegotiated	renegotiate	VERB
ftr-485	1070	23	.	.	PUNCT
ftr-485	1071	1	67	67	NUM
ftr-485	1071	2	however	however	ADV
ftr-485	1071	3	,	,	PUNCT
ftr-485	1071	4	any	any	DET
ftr-485	1071	5	new	new	ADJ
ftr-485	1071	6	treaty	treaty	NOUN
ftr-485	1071	7	provision	provision	NOUN
ftr-485	1071	8	should	should	AUX
ftr-485	1071	9	be	be	AUX
ftr-485	1071	10	broadly	broadly	ADV
ftr-485	1071	11	applicable	applicable	ADJ
ftr-485	1071	12	to	to	ADP
ftr-485	1071	13	a	a	DET
ftr-485	1071	14	variety	variety	NOUN
ftr-485	1071	15	of	of	ADP
ftr-485	1071	16	financial	financial	ADJ
ftr-485	1071	17	instruments	instrument	NOUN
ftr-485	1071	18	,	,	PUNCT
ftr-485	1071	19	which	which	PRON
ftr-485	1071	20	this	this	DET
ftr-485	1071	21	proposal	proposal	NOUN
ftr-485	1071	22	is	be	AUX
ftr-485	1071	23	probably	probably	ADV
ftr-485	1071	24	not	not	PART
ftr-485	1071	25	.	.	PUNCT
ftr-485	1072	1	therefore	therefore	ADV
ftr-485	1072	2	,	,	PUNCT
ftr-485	1072	3	for	for	ADP
ftr-485	1072	4	the	the	DET
ftr-485	1072	5	present	present	ADJ
ftr-485	1072	6	,	,	PUNCT
ftr-485	1072	7	tax	tax	NOUN
ftr-485	1072	8	authorities	authority	NOUN
ftr-485	1072	9	should	should	AUX
ftr-485	1072	10	develop	develop	VERB
ftr-485	1072	11	logical	logical	ADJ
ftr-485	1072	12	domestic	domestic	ADJ
ftr-485	1072	13	tax	tax	NOUN
ftr-485	1072	14	regimes	regime	NOUN
ftr-485	1072	15	for	for	ADP
ftr-485	1072	16	financial	financial	ADJ
ftr-485	1072	17	products	product	NOUN
ftr-485	1072	18	with	with	ADP
ftr-485	1072	19	an	an	DET
ftr-485	1072	20	awareness	awareness	NOUN
ftr-485	1072	21	of	of	ADP
ftr-485	1072	22	their	their	PRON
ftr-485	1072	23	treatment	treatment	NOUN
ftr-485	1072	24	in	in	ADP
ftr-485	1072	25	other	other	ADJ
ftr-485	1072	26	countries	country	NOUN
ftr-485	1072	27	and	and	CCONJ
ftr-485	1072	28	of	of	ADP
ftr-485	1072	29	the	the	DET
ftr-485	1072	30	likely	likely	ADJ
ftr-485	1072	31	qualification	qualification	NOUN
ftr-485	1072	32	of	of	ADP
ftr-485	1072	33	such	such	ADJ
ftr-485	1072	34	instruments	instrument	NOUN
ftr-485	1072	35	under	under	ADP
ftr-485	1072	36	existing	exist	VERB
ftr-485	1072	37	treaties	treaty	NOUN
ftr-485	1072	38	.	.	PUNCT
ftr-485	1073	1	absent	absent	ADJ
ftr-485	1073	2	measures	measure	NOUN
ftr-485	1073	3	taken	take	VERB
ftr-485	1073	4	by	by	ADP
ftr-485	1073	5	countries	country	NOUN
ftr-485	1073	6	with	with	ADP
ftr-485	1073	7	more	more	ADV
ftr-485	1073	8	developed	developed	ADJ
ftr-485	1073	9	regulatory	regulatory	ADJ
ftr-485	1073	10	and	and	CCONJ
ftr-485	1073	11	tax	tax	NOUN
ftr-485	1073	12	systems	system	NOUN
ftr-485	1073	13	for	for	ADP
ftr-485	1073	14	financial	financial	ADJ
ftr-485	1073	15	instruments	instrument	NOUN
ftr-485	1073	16	to	to	PART
ftr-485	1073	17	promote	promote	VERB
ftr-485	1073	18	rational	rational	ADJ
ftr-485	1073	19	,	,	PUNCT
ftr-485	1073	20	certain	certain	ADJ
ftr-485	1073	21	taxation	taxation	NOUN
ftr-485	1073	22	of	of	ADP
ftr-485	1073	23	swaps	swap	NOUN
ftr-485	1073	24	and	and	CCONJ
ftr-485	1073	25	to	to	PART
ftr-485	1073	26	avoid	avoid	VERB
ftr-485	1073	27	double	double	ADJ
ftr-485	1073	28	taxation	taxation	NOUN
ftr-485	1073	29	,	,	PUNCT
ftr-485	1073	30	the	the	DET
ftr-485	1073	31	situs	situs	NOUN
ftr-485	1073	32	of	of	ADP
ftr-485	1073	33	many	many	ADJ
ftr-485	1073	34	swaps	swap	NOUN
ftr-485	1073	35	can	can	AUX
ftr-485	1073	36	readily	readily	ADV
ftr-485	1073	37	be	be	AUX
ftr-485	1073	38	moved	move	VERB
ftr-485	1073	39	to	to	ADP
ftr-485	1073	40	countries	country	NOUN
ftr-485	1073	41	with	with	ADP
ftr-485	1073	42	more	more	ADV
ftr-485	1073	43	favorable	favorable	ADJ
ftr-485	1073	44	tax	tax	NOUN
ftr-485	1073	45	systems	system	NOUN
ftr-485	1073	46	.	.	PUNCT
ftr-485	1074	1	relocating	relocate	VERB
ftr-485	1074	2	is	be	AUX
ftr-485	1074	3	currently	currently	ADV
ftr-485	1074	4	the	the	DET
ftr-485	1074	5	best	good	ADJ
ftr-485	1074	6	solution	solution	NOUN
ftr-485	1074	7	to	to	ADP
ftr-485	1074	8	avoiding	avoid	VERB
ftr-485	1074	9	the	the	DET
ftr-485	1074	10	tax	tax	NOUN
ftr-485	1074	11	and	and	CCONJ
ftr-485	1074	12	associated	associate	VERB
ftr-485	1074	13	liquidity	liquidity	NOUN
ftr-485	1074	14	problems	problem	NOUN
ftr-485	1074	15	discussed	discuss	VERB
ftr-485	1074	16	in	in	ADP
ftr-485	1074	17	this	this	DET
ftr-485	1074	18	article	article	NOUN
ftr-485	1074	19	.	.	PUNCT
ftr-485	1075	1	however	however	ADV
ftr-485	1075	2	,	,	PUNCT
ftr-485	1075	3	for	for	ADP
ftr-485	1075	4	financial	financial	ADJ
ftr-485	1075	5	markets	market	NOUN
ftr-485	1075	6	as	as	ADP
ftr-485	1075	7	a	a	DET
ftr-485	1075	8	whole	whole	NOUN
ftr-485	1075	9	and	and	CCONJ
ftr-485	1075	10	for	for	ADP
ftr-485	1075	11	governments	government	NOUN
ftr-485	1075	12	desiring	desire	VERB
ftr-485	1075	13	to	to	PART
ftr-485	1075	14	regulate	regulate	VERB
ftr-485	1075	15	those	those	DET
ftr-485	1075	16	markets	market	NOUN
ftr-485	1075	17	,	,	PUNCT
ftr-485	1075	18	swap	swap	NOUN
ftr-485	1075	19	relocation	relocation	NOUN
ftr-485	1075	20	may	may	AUX
ftr-485	1075	21	have	have	VERB
ftr-485	1075	22	undesirable	undesirable	ADJ
ftr-485	1075	23	consequences	consequence	NOUN
ftr-485	1075	24	.	.	PUNCT
ftr-485	1076	1	b.	b.	NOUN
ftr-485	1076	2	consequences	consequence	NOUN
ftr-485	1076	3	of	of	ADP
ftr-485	1076	4	double	double	ADJ
ftr-485	1076	5	taxation	taxation	NOUN
ftr-485	1076	6	just	just	ADV
ftr-485	1076	7	as	as	SCONJ
ftr-485	1076	8	tax	tax	NOUN
ftr-485	1076	9	laws	law	NOUN
ftr-485	1076	10	are	be	AUX
ftr-485	1076	11	seldom	seldom	ADV
ftr-485	1076	12	the	the	DET
ftr-485	1076	13	reason	reason	NOUN
ftr-485	1076	14	for	for	ADP
ftr-485	1076	15	undertaking	undertake	VERB
ftr-485	1076	16	a	a	DET
ftr-485	1076	17	commercial	commercial	ADJ
ftr-485	1076	18	transaction	transaction	NOUN
ftr-485	1076	19	,	,	PUNCT
ftr-485	1076	20	tax	tax	NOUN
ftr-485	1076	21	laws	law	NOUN
ftr-485	1076	22	should	should	AUX
ftr-485	1076	23	also	also	ADV
ftr-485	1076	24	not	not	PART
ftr-485	1076	25	be	be	AUX
ftr-485	1076	26	a	a	DET
ftr-485	1076	27	reason	reason	NOUN
ftr-485	1076	28	for	for	ADP
ftr-485	1076	29	foregoing	forego	VERB
ftr-485	1076	30	one	one	NUM
ftr-485	1076	31	.	.	PUNCT
ftr-485	1077	1	nor	nor	CCONJ
ftr-485	1077	2	should	should	AUX
ftr-485	1077	3	tax	tax	VERB
ftr-485	1077	4	consequences	consequence	NOUN
ftr-485	1077	5	determine	determine	VERB
ftr-485	1077	6	the	the	DET
ftr-485	1077	7	choice	choice	NOUN
ftr-485	1077	8	of	of	ADP
ftr-485	1077	9	jurisdiction	jurisdiction	NOUN
ftr-485	1077	10	where	where	SCONJ
ftr-485	1077	11	a	a	DET
ftr-485	1077	12	transaction	transaction	NOUN
ftr-485	1077	13	is	be	AUX
ftr-485	1077	14	closed	close	VERB
ftr-485	1077	15	or	or	CCONJ
ftr-485	1077	16	,	,	PUNCT
ftr-485	1077	17	with	with	ADP
ftr-485	1077	18	swaps	swap	NOUN
ftr-485	1077	19	,	,	PUNCT
ftr-485	1077	20	booked	book	VERB
ftr-485	1077	21	.	.	PUNCT
ftr-485	1078	1	yet	yet	ADV
ftr-485	1078	2	,	,	PUNCT
ftr-485	1078	3	this	this	PRON
ftr-485	1078	4	will	will	AUX
ftr-485	1078	5	occur	occur	VERB
ftr-485	1078	6	if	if	SCONJ
ftr-485	1078	7	there	there	PRON
ftr-485	1078	8	continues	continue	VERB
ftr-485	1078	9	to	to	PART
ftr-485	1078	10	be	be	AUX
ftr-485	1078	11	a	a	DET
ftr-485	1078	12	significant	significant	ADJ
ftr-485	1078	13	likelihood	likelihood	NOUN
ftr-485	1078	14	of	of	ADP
ftr-485	1078	15	withholding	withhold	VERB
ftr-485	1078	16	taxes	taxis	NOUN
ftr-485	1078	17	being	be	AUX
ftr-485	1078	18	imposed	impose	VERB
ftr-485	1078	19	,	,	PUNCT
ftr-485	1078	20	with	with	ADP
ftr-485	1078	21	resultant	resultant	NOUN
ftr-485	1078	22	double	double	ADJ
ftr-485	1078	23	taxation	taxation	NOUN
ftr-485	1078	24	,	,	PUNCT
ftr-485	1078	25	on	on	ADP
ftr-485	1078	26	a	a	DET
ftr-485	1078	27	swap	swap	NOUN
ftr-485	1078	28	booked	book	VERB
ftr-485	1078	29	in	in	ADP
ftr-485	1078	30	one	one	NUM
ftr-485	1078	31	country	country	NOUN
ftr-485	1078	32	,	,	PUNCT
ftr-485	1078	33	while	while	SCONJ
ftr-485	1078	34	there	there	PRON
ftr-485	1078	35	is	be	VERB
ftr-485	1078	36	no	no	DET
ftr-485	1078	37	chance	chance	NOUN
ftr-485	1078	38	of	of	ADP
ftr-485	1078	39	such	such	ADJ
ftr-485	1078	40	taxation	taxation	NOUN
ftr-485	1078	41	on	on	ADP
ftr-485	1078	42	swaps	swap	NOUN
ftr-485	1078	43	booked	book	VERB
ftr-485	1078	44	elsewhere	elsewhere	ADV
ftr-485	1078	45	.	.	PUNCT
ftr-485	1079	1	since	since	SCONJ
ftr-485	1079	2	the	the	DET
ftr-485	1079	3	swap	swap	NOUN
ftr-485	1079	4	markets	market	NOUN
ftr-485	1079	5	need	need	VERB
ftr-485	1079	6	liquidity	liquidity	NOUN
ftr-485	1079	7	,	,	PUNCT
ftr-485	1079	8	swaps	swap	NOUN
ftr-485	1079	9	will	will	AUX
ftr-485	1079	10	be	be	AUX
ftr-485	1079	11	relocated	relocate	VERB
ftr-485	1079	12	as	as	ADP
ftr-485	1079	13	necessary	necessary	ADJ
ftr-485	1079	14	.	.	PUNCT
ftr-485	1080	1	166	166	NUM
ftr-485	1080	2	.	.	PUNCT
ftr-485	1080	3	swap	swap	VERB
ftr-485	1080	4	related	relate	VERB
ftr-485	1080	5	payments	payment	NOUN
ftr-485	1080	6	defined	define	VERB
ftr-485	1080	7	as	as	ADP
ftr-485	1080	8	"	"	PUNCT
ftr-485	1080	9	swap	swap	ADJ
ftr-485	1080	10	income	income	NOUN
ftr-485	1080	11	"	"	PUNCT
ftr-485	1080	12	in	in	ADP
ftr-485	1080	13	the	the	DET
ftr-485	1080	14	united	united	PROPN
ftr-485	1080	15	states	states	PROPN
ftr-485	1080	16	under	under	ADP
ftr-485	1080	17	regs	reg	NOUN
ftr-485	1080	18	.	.	PUNCT
ftr-485	1081	1	§	§	PROPN
ftr-485	1081	2	1.446-(3)(d	1.446-(3)(d	NUM
ftr-485	1081	3	)	)	PUNCT
ftr-485	1081	4	are	be	AUX
ftr-485	1081	5	sourced	source	VERB
ftr-485	1081	6	in	in	ADP
ftr-485	1081	7	the	the	DET
ftr-485	1081	8	country	country	NOUN
ftr-485	1081	9	of	of	ADP
ftr-485	1081	10	the	the	DET
ftr-485	1081	11	payment	payment	NOUN
ftr-485	1081	12	recipient	recipient	NOUN
ftr-485	1081	13	as	as	SCONJ
ftr-485	1081	14	provided	provide	VERB
ftr-485	1081	15	in	in	ADP
ftr-485	1081	16	regs	reg	NOUN
ftr-485	1081	17	.	.	PUNCT
ftr-485	1082	1	§	§	PROPN
ftr-485	1082	2	1.863	1.863	NUM
ftr-485	1082	3	-	-	SYM
ftr-485	1082	4	7(b)(3	7(b)(3	NUM
ftr-485	1082	5	)	)	PUNCT
ftr-485	1082	6	and	and	CCONJ
ftr-485	1082	7	thus	thus	ADV
ftr-485	1082	8	are	be	AUX
ftr-485	1082	9	not	not	PART
ftr-485	1082	10	subject	subject	ADJ
ftr-485	1082	11	to	to	ADP
ftr-485	1082	12	any	any	DET
ftr-485	1082	13	withholding	withholding	NOUN
ftr-485	1082	14	under	under	ADP
ftr-485	1082	15	such	such	DET
ftr-485	1082	16	a	a	DET
ftr-485	1082	17	swap	swap	NOUN
ftr-485	1082	18	provision	provision	NOUN
ftr-485	1082	19	.	.	PUNCT
ftr-485	1083	1	this	this	PRON
ftr-485	1083	2	is	be	AUX
ftr-485	1083	3	because	because	SCONJ
ftr-485	1083	4	,	,	PUNCT
ftr-485	1083	5	as	as	ADP
ftr-485	1083	6	with	with	ADP
ftr-485	1083	7	the	the	DET
ftr-485	1083	8	interest	interest	NOUN
ftr-485	1083	9	article	article	NOUN
ftr-485	1083	10	,	,	PUNCT
ftr-485	1083	11	under	under	ADP
ftr-485	1083	12	the	the	DET
ftr-485	1083	13	"	"	PUNCT
ftr-485	1083	14	swap	swap	NOUN
ftr-485	1083	15	article	article	NOUN
ftr-485	1083	16	,	,	PUNCT
ftr-485	1083	17	"	"	PUNCT
ftr-485	1083	18	the	the	DET
ftr-485	1083	19	swap	swap	NOUN
ftr-485	1083	20	related	relate	VERB
ftr-485	1083	21	payments	payment	NOUN
ftr-485	1083	22	are	be	AUX
ftr-485	1083	23	taxed	tax	VERB
ftr-485	1083	24	according	accord	VERB
ftr-485	1083	25	to	to	ADP
ftr-485	1083	26	the	the	DET
ftr-485	1083	27	laws	law	NOUN
ftr-485	1083	28	of	of	ADP
ftr-485	1083	29	the	the	DET
ftr-485	1083	30	state	state	NOUN
ftr-485	1083	31	in	in	ADP
ftr-485	1083	32	which	which	PRON
ftr-485	1083	33	they	they	PRON
ftr-485	1083	34	arise	arise	VERB
ftr-485	1083	35	.	.	PUNCT
ftr-485	1084	1	if	if	SCONJ
ftr-485	1084	2	the	the	DET
ftr-485	1084	3	united	united	PROPN
ftr-485	1084	4	states	states	PROPN
ftr-485	1084	5	,	,	PUNCT
ftr-485	1084	6	as	as	ADP
ftr-485	1084	7	the	the	DET
ftr-485	1084	8	state	state	NOUN
ftr-485	1084	9	in	in	ADP
ftr-485	1084	10	which	which	PRON
ftr-485	1084	11	they	they	PRON
ftr-485	1084	12	"	"	PUNCT
ftr-485	1084	13	arise	arise	VERB
ftr-485	1084	14	,	,	PUNCT
ftr-485	1084	15	"	"	PUNCT
ftr-485	1084	16	says	say	VERB
ftr-485	1084	17	that	that	SCONJ
ftr-485	1084	18	"	"	PUNCT
ftr-485	1084	19	swap	swap	ADJ
ftr-485	1084	20	income	income	NOUN
ftr-485	1084	21	"	"	PUNCT
ftr-485	1084	22	is	be	AUX
ftr-485	1084	23	sourced	source	VERB
ftr-485	1084	24	in	in	ADP
ftr-485	1084	25	the	the	DET
ftr-485	1084	26	state	state	NOUN
ftr-485	1084	27	of	of	ADP
ftr-485	1084	28	the	the	DET
ftr-485	1084	29	payment	payment	NOUN
ftr-485	1084	30	recipient	recipient	NOUN
ftr-485	1084	31	,	,	PUNCT
ftr-485	1084	32	according	accord	VERB
ftr-485	1084	33	to	to	ADP
ftr-485	1084	34	u.s	u.s	PROPN
ftr-485	1084	35	.	.	PROPN
ftr-485	1084	36	law	law	NOUN
ftr-485	1084	37	they	they	PRON
ftr-485	1084	38	are	be	AUX
ftr-485	1084	39	not	not	PART
ftr-485	1084	40	subject	subject	ADJ
ftr-485	1084	41	to	to	ADP
ftr-485	1084	42	u.s	u.s	PROPN
ftr-485	1084	43	.	.	PROPN
ftr-485	1084	44	taxation	taxation	NOUN
ftr-485	1084	45	.	.	PUNCT
ftr-485	1085	1	167	167	NUM
ftr-485	1085	2	.	.	PUNCT
ftr-485	1086	1	it	it	PRON
ftr-485	1086	2	may	may	AUX
ftr-485	1086	3	be	be	AUX
ftr-485	1086	4	easier	easy	ADJ
ftr-485	1086	5	to	to	PART
ftr-485	1086	6	insert	insert	VERB
ftr-485	1086	7	an	an	DET
ftr-485	1086	8	other	other	ADJ
ftr-485	1086	9	income	income	NOUN
ftr-485	1086	10	article	article	NOUN
ftr-485	1086	11	(	(	PUNCT
ftr-485	1086	12	article	article	NOUN
ftr-485	1086	13	21	21	NUM
ftr-485	1086	14	of	of	ADP
ftr-485	1086	15	the	the	DET
ftr-485	1086	16	models	model	NOUN
ftr-485	1086	17	)	)	PUNCT
ftr-485	1086	18	into	into	ADP
ftr-485	1086	19	existing	exist	VERB
ftr-485	1086	20	treaties	treaty	NOUN
ftr-485	1086	21	.	.	PUNCT
ftr-485	1087	1	however	however	ADV
ftr-485	1087	2	,	,	PUNCT
ftr-485	1087	3	if	if	SCONJ
ftr-485	1087	4	a	a	DET
ftr-485	1087	5	state	state	NOUN
ftr-485	1087	6	insists	insist	VERB
ftr-485	1087	7	that	that	SCONJ
ftr-485	1087	8	the	the	DET
ftr-485	1087	9	interest	interest	NOUN
ftr-485	1087	10	article	article	NOUN
ftr-485	1087	11	be	be	AUX
ftr-485	1087	12	applied	apply	VERB
ftr-485	1087	13	to	to	ADP
ftr-485	1087	14	the	the	DET
ftr-485	1087	15	"	"	PUNCT
ftr-485	1087	16	interest	interest	NOUN
ftr-485	1087	17	"	"	PUNCT
ftr-485	1087	18	element	element	NOUN
ftr-485	1087	19	of	of	ADP
ftr-485	1087	20	swap	swap	ADJ
ftr-485	1087	21	related	relate	VERB
ftr-485	1087	22	income	income	NOUN
ftr-485	1087	23	,	,	PUNCT
ftr-485	1087	24	article	article	NOUN
ftr-485	1087	25	21	21	NUM
ftr-485	1087	26	would	would	AUX
ftr-485	1087	27	not	not	PART
ftr-485	1087	28	prevent	prevent	VERB
ftr-485	1087	29	double	double	ADJ
ftr-485	1087	30	taxation	taxation	NOUN
ftr-485	1087	31	.	.	PUNCT
ftr-485	1088	1	see	see	VERB
ftr-485	1088	2	supra	supra	PROPN
ftr-485	1088	3	parts	part	NOUN
ftr-485	1088	4	vii.d	vii.d	PROPN
ftr-485	1088	5	and	and	CCONJ
ftr-485	1088	6	e.	e.	PROPN
ftr-485	1089	1	[	[	X
ftr-485	1089	2	vol	vol	NOUN
ftr-485	1089	3	.	.	PUNCT
ftr-485	1090	1	2:11	2:11	NUM
ftr-485	1090	2	the	the	DET
ftr-485	1090	3	recharacterization	recharacterization	NOUN
ftr-485	1090	4	of	of	ADP
ftr-485	1090	5	cross	cross	ADJ
ftr-485	1090	6	-	-	ADJ
ftr-485	1090	7	border	border	ADJ
ftr-485	1090	8	interest	interest	NOUN
ftr-485	1090	9	rate	rate	NOUN
ftr-485	1090	10	swaps	swap	NOUN
ftr-485	1090	11	a	a	DET
ftr-485	1090	12	consequence	consequence	NOUN
ftr-485	1090	13	of	of	ADP
ftr-485	1090	14	driving	drive	VERB
ftr-485	1090	15	swaps	swap	NOUN
ftr-485	1090	16	out	out	ADP
ftr-485	1090	17	of	of	ADP
ftr-485	1090	18	some	some	DET
ftr-485	1090	19	jurisdictions	jurisdiction	NOUN
ftr-485	1090	20	and	and	CCONJ
ftr-485	1090	21	into	into	ADP
ftr-485	1090	22	others	other	NOUN
ftr-485	1090	23	on	on	ADP
ftr-485	1090	24	tax	tax	NOUN
ftr-485	1090	25	grounds	ground	NOUN
ftr-485	1090	26	may	may	AUX
ftr-485	1090	27	be	be	AUX
ftr-485	1090	28	a	a	DET
ftr-485	1090	29	decrease	decrease	NOUN
ftr-485	1090	30	in	in	ADP
ftr-485	1090	31	regulatory	regulatory	ADJ
ftr-485	1090	32	oversight	oversight	NOUN
ftr-485	1090	33	of	of	ADP
ftr-485	1090	34	swaps	swap	NOUN
ftr-485	1090	35	and	and	CCONJ
ftr-485	1090	36	an	an	DET
ftr-485	1090	37	increase	increase	NOUN
ftr-485	1090	38	in	in	ADP
ftr-485	1090	39	danger	danger	NOUN
ftr-485	1090	40	to	to	ADP
ftr-485	1090	41	the	the	DET
ftr-485	1090	42	financial	financial	ADJ
ftr-485	1090	43	system	system	NOUN
ftr-485	1090	44	as	as	ADP
ftr-485	1090	45	a	a	DET
ftr-485	1090	46	whole	whole	NOUN
ftr-485	1090	47	.	.	PUNCT
ftr-485	1091	1	many	many	ADJ
ftr-485	1091	2	jurisdictions	jurisdiction	NOUN
ftr-485	1091	3	into	into	ADP
ftr-485	1091	4	which	which	PRON
ftr-485	1091	5	the	the	DET
ftr-485	1091	6	transactions	transaction	NOUN
ftr-485	1091	7	might	might	AUX
ftr-485	1091	8	move	move	VERB
ftr-485	1091	9	may	may	AUX
ftr-485	1091	10	not	not	PART
ftr-485	1091	11	only	only	ADV
ftr-485	1091	12	levy	levy	VERB
ftr-485	1091	13	fewer	few	ADJ
ftr-485	1091	14	,	,	PUNCT
ftr-485	1091	15	or	or	CCONJ
ftr-485	1091	16	at	at	ADP
ftr-485	1091	17	least	least	ADJ
ftr-485	1091	18	more	more	ADV
ftr-485	1091	19	certain	certain	ADJ
ftr-485	1091	20	,	,	PUNCT
ftr-485	1091	21	taxes	taxis	NOUN
ftr-485	1091	22	,	,	PUNCT
ftr-485	1091	23	but	but	CCONJ
ftr-485	1091	24	they	they	PRON
ftr-485	1091	25	may	may	AUX
ftr-485	1091	26	well	well	ADV
ftr-485	1091	27	have	have	VERB
ftr-485	1091	28	less	less	ADV
ftr-485	1091	29	developed	develop	VERB
ftr-485	1091	30	,	,	PUNCT
ftr-485	1091	31	or	or	CCONJ
ftr-485	1091	32	no	no	INTJ
ftr-485	1091	33	,	,	PUNCT
ftr-485	1091	34	active	active	ADJ
ftr-485	1091	35	oversight	oversight	NOUN
ftr-485	1091	36	systems	system	NOUN
ftr-485	1091	37	for	for	ADP
ftr-485	1091	38	financial	financial	ADJ
ftr-485	1091	39	products	product	NOUN
ftr-485	1091	40	.	.	PUNCT
ftr-485	1092	1	while	while	SCONJ
ftr-485	1092	2	those	those	PRON
ftr-485	1092	3	in	in	ADP
ftr-485	1092	4	the	the	DET
ftr-485	1092	5	financial	financial	ADJ
ftr-485	1092	6	industry	industry	NOUN
ftr-485	1092	7	may	may	AUX
ftr-485	1092	8	protest	protest	VERB
ftr-485	1092	9	that	that	SCONJ
ftr-485	1092	10	there	there	PRON
ftr-485	1092	11	is	be	VERB
ftr-485	1092	12	already	already	ADV
ftr-485	1092	13	adequate	adequate	ADJ
ftr-485	1092	14	protection	protection	NOUN
ftr-485	1092	15	of	of	ADP
ftr-485	1092	16	investors	investor	NOUN
ftr-485	1092	17	and	and	CCONJ
ftr-485	1092	18	markets	market	NOUN
ftr-485	1092	19	in	in	ADP
ftr-485	1092	20	the	the	DET
ftr-485	1092	21	derivatives	derivative	NOUN
ftr-485	1092	22	'	'	PART
ftr-485	1092	23	area	area	NOUN
ftr-485	1092	24	,	,	PUNCT
ftr-485	1092	25	63	63	NUM
ftr-485	1092	26	recent	recent	ADJ
ftr-485	1092	27	history	history	NOUN
ftr-485	1092	28	shows	show	VERB
ftr-485	1092	29	that	that	SCONJ
ftr-485	1092	30	man	man	NOUN
ftr-485	1092	31	-	-	PUNCT
ftr-485	1092	32	made	make	VERB
ftr-485	1092	33	disasters	disaster	NOUN
ftr-485	1092	34	are	be	AUX
ftr-485	1092	35	all	all	ADV
ftr-485	1092	36	too	too	ADV
ftr-485	1092	37	possible	possible	ADJ
ftr-485	1092	38	.	.	PUNCT
ftr-485	1093	1	more	more	ADJ
ftr-485	1093	2	oversight	oversight	NOUN
ftr-485	1093	3	will	will	AUX
ftr-485	1093	4	not	not	PART
ftr-485	1093	5	prevent	prevent	VERB
ftr-485	1093	6	all	all	DET
ftr-485	1093	7	such	such	ADJ
ftr-485	1093	8	damage	damage	NOUN
ftr-485	1093	9	in	in	ADP
ftr-485	1093	10	the	the	DET
ftr-485	1093	11	derivatives	derivative	NOUN
ftr-485	1093	12	'	'	PART
ftr-485	1093	13	market	market	NOUN
ftr-485	1093	14	,	,	PUNCT
ftr-485	1093	15	though	though	SCONJ
ftr-485	1093	16	there	there	PRON
ftr-485	1093	17	are	be	VERB
ftr-485	1093	18	certainly	certainly	ADV
ftr-485	1093	19	steps	step	NOUN
ftr-485	1093	20	that	that	PRON
ftr-485	1093	21	can	can	AUX
ftr-485	1093	22	be	be	AUX
ftr-485	1093	23	taken	take	VERB
ftr-485	1093	24	to	to	PART
ftr-485	1093	25	mitigate	mitigate	VERB
ftr-485	1093	26	the	the	DET
ftr-485	1093	27	number	number	NOUN
ftr-485	1093	28	of	of	ADP
ftr-485	1093	29	victims	victim	NOUN
ftr-485	1093	30	.	.	PUNCT
ftr-485	1094	1	16	16	NUM
ftr-485	1094	2	9	9	NUM
ftr-485	1094	3	there	there	PRON
ftr-485	1094	4	has	have	AUX
ftr-485	1094	5	been	be	AUX
ftr-485	1094	6	significant	significant	ADJ
ftr-485	1094	7	discussion	discussion	NOUN
ftr-485	1094	8	in	in	ADP
ftr-485	1094	9	the	the	DET
ftr-485	1094	10	united	united	PROPN
ftr-485	1094	11	states	states	PROPN
ftr-485	1094	12	,	,	PUNCT
ftr-485	1094	13	for	for	ADP
ftr-485	1094	14	instance	instance	NOUN
ftr-485	1094	15	,	,	PUNCT
ftr-485	1094	16	of	of	ADP
ftr-485	1094	17	the	the	DET
ftr-485	1094	18	risks	risk	NOUN
ftr-485	1094	19	posed	pose	VERB
ftr-485	1094	20	by	by	ADP
ftr-485	1094	21	this	this	DET
ftr-485	1094	22	market	market	NOUN
ftr-485	1094	23	and	and	CCONJ
ftr-485	1094	24	about	about	ADP
ftr-485	1094	25	measures	measure	NOUN
ftr-485	1094	26	that	that	PRON
ftr-485	1094	27	may	may	AUX
ftr-485	1094	28	be	be	AUX
ftr-485	1094	29	taken	take	VERB
ftr-485	1094	30	to	to	PART
ftr-485	1094	31	reduce	reduce	VERB
ftr-485	1094	32	them	they	PRON
ftr-485	1094	33	without	without	ADP
ftr-485	1094	34	interfering	interfere	VERB
ftr-485	1094	35	with	with	ADP
ftr-485	1094	36	the	the	DET
ftr-485	1094	37	usage	usage	NOUN
ftr-485	1094	38	of	of	ADP
ftr-485	1094	39	complex	complex	ADJ
ftr-485	1094	40	financial	financial	ADJ
ftr-485	1094	41	products	product	NOUN
ftr-485	1094	42	.	.	PUNCT
ftr-485	1095	1	it	it	PRON
ftr-485	1095	2	has	have	AUX
ftr-485	1095	3	further	far	ADV
ftr-485	1095	4	been	be	AUX
ftr-485	1095	5	recognized	recognize	VERB
ftr-485	1095	6	that	that	SCONJ
ftr-485	1095	7	because	because	SCONJ
ftr-485	1095	8	of	of	ADP
ftr-485	1095	9	global	global	ADJ
ftr-485	1095	10	trading	trading	NOUN
ftr-485	1095	11	,	,	PUNCT
ftr-485	1095	12	concentration	concentration	NOUN
ftr-485	1095	13	of	of	ADP
ftr-485	1095	14	markets	market	NOUN
ftr-485	1095	15	in	in	ADP
ftr-485	1095	16	relatively	relatively	ADV
ftr-485	1095	17	few	few	ADJ
ftr-485	1095	18	hands	hand	NOUN
ftr-485	1095	19	,	,	PUNCT
ftr-485	1095	20	and	and	CCONJ
ftr-485	1095	21	linkages	linkage	NOUN
ftr-485	1095	22	between	between	ADP
ftr-485	1095	23	market	market	NOUN
ftr-485	1095	24	participants	participant	NOUN
ftr-485	1095	25	,	,	PUNCT
ftr-485	1095	26	these	these	DET
ftr-485	1095	27	products	product	NOUN
ftr-485	1095	28	pose	pose	VERB
ftr-485	1095	29	risks	risk	NOUN
ftr-485	1095	30	to	to	ADP
ftr-485	1095	31	the	the	DET
ftr-485	1095	32	international	international	ADJ
ftr-485	1095	33	financial	financial	ADJ
ftr-485	1095	34	system	system	NOUN
ftr-485	1095	35	as	as	ADP
ftr-485	1095	36	a	a	DET
ftr-485	1095	37	whole	whole	NOUN
ftr-485	1095	38	.	.	PUNCT
ftr-485	1096	1	70	70	NUM
ftr-485	1096	2	however	however	ADV
ftr-485	1096	3	,	,	PUNCT
ftr-485	1096	4	regulatory	regulatory	ADJ
ftr-485	1096	5	measures	measure	NOUN
ftr-485	1096	6	taken	take	VERB
ftr-485	1096	7	in	in	ADP
ftr-485	1096	8	response	response	NOUN
ftr-485	1096	9	to	to	ADP
ftr-485	1096	10	these	these	DET
ftr-485	1096	11	concerns	concern	NOUN
ftr-485	1096	12	by	by	ADP
ftr-485	1096	13	the	the	DET
ftr-485	1096	14	united	united	PROPN
ftr-485	1096	15	states	states	PROPN
ftr-485	1096	16	and	and	CCONJ
ftr-485	1096	17	other	other	ADJ
ftr-485	1096	18	countries	country	NOUN
ftr-485	1096	19	with	with	ADP
ftr-485	1096	20	more	more	ADV
ftr-485	1096	21	developed	developed	ADJ
ftr-485	1096	22	financial	financial	ADJ
ftr-485	1096	23	markets	market	NOUN
ftr-485	1096	24	could	could	AUX
ftr-485	1096	25	be	be	AUX
ftr-485	1096	26	undercut	undercut	ADJ
ftr-485	1096	27	if	if	SCONJ
ftr-485	1096	28	tax	tax	NOUN
ftr-485	1096	29	issues	issue	NOUN
ftr-485	1096	30	force	force	VERB
ftr-485	1096	31	market	market	NOUN
ftr-485	1096	32	participants	participant	NOUN
ftr-485	1096	33	to	to	PART
ftr-485	1096	34	relocate	relocate	VERB
ftr-485	1096	35	outside	outside	ADP
ftr-485	1096	36	of	of	ADP
ftr-485	1096	37	the	the	DET
ftr-485	1096	38	regulatory	regulatory	ADJ
ftr-485	1096	39	jurisdiction	jurisdiction	NOUN
ftr-485	1096	40	of	of	ADP
ftr-485	1096	41	these	these	DET
ftr-485	1096	42	countries	country	NOUN
ftr-485	1096	43	.	.	PUNCT
ftr-485	1097	1	if	if	SCONJ
ftr-485	1097	2	,	,	PUNCT
ftr-485	1097	3	because	because	SCONJ
ftr-485	1097	4	of	of	ADP
ftr-485	1097	5	more	more	ADV
ftr-485	1097	6	coherent	coherent	ADJ
ftr-485	1097	7	or	or	CCONJ
ftr-485	1097	8	favorable	favorable	ADJ
ftr-485	1097	9	tax	tax	NOUN
ftr-485	1097	10	laws	law	NOUN
ftr-485	1097	11	,	,	PUNCT
ftr-485	1097	12	tax	tax	NOUN
ftr-485	1097	13	havens	haven	NOUN
ftr-485	1097	14	or	or	CCONJ
ftr-485	1097	15	other	other	ADJ
ftr-485	1097	16	countries	country	NOUN
ftr-485	1097	17	with	with	ADP
ftr-485	1097	18	less	less	ADV
ftr-485	1097	19	sophisticated	sophisticated	ADJ
ftr-485	1097	20	financial	financial	ADJ
ftr-485	1097	21	market	market	NOUN
ftr-485	1097	22	controls	control	NOUN
ftr-485	1097	23	became	become	VERB
ftr-485	1097	24	the	the	DET
ftr-485	1097	25	regular	regular	ADJ
ftr-485	1097	26	situs	situs	NOUN
ftr-485	1097	27	of	of	ADP
ftr-485	1097	28	swaps	swap	NOUN
ftr-485	1097	29	,	,	PUNCT
ftr-485	1097	30	a	a	DET
ftr-485	1097	31	pirate	pirate	NOUN
ftr-485	1097	32	environment	environment	NOUN
ftr-485	1097	33	could	could	AUX
ftr-485	1097	34	develop	develop	VERB
ftr-485	1097	35	with	with	ADP
ftr-485	1097	36	respect	respect	NOUN
ftr-485	1097	37	to	to	ADP
ftr-485	1097	38	parts	part	NOUN
ftr-485	1097	39	of	of	ADP
ftr-485	1097	40	the	the	DET
ftr-485	1097	41	derivatives	derivative	NOUN
ftr-485	1097	42	industry	industry	NOUN
ftr-485	1097	43	.	.	PUNCT
ftr-485	1098	1	ix	ix	INTJ
ftr-485	1098	2	.	.	PUNCT
ftr-485	1098	3	conclusion	conclusion	NOUN
ftr-485	1098	4	as	as	SCONJ
ftr-485	1098	5	seems	seem	VERB
ftr-485	1098	6	regularly	regularly	ADV
ftr-485	1098	7	to	to	PART
ftr-485	1098	8	be	be	AUX
ftr-485	1098	9	the	the	DET
ftr-485	1098	10	case	case	NOUN
ftr-485	1098	11	in	in	ADP
ftr-485	1098	12	the	the	DET
ftr-485	1098	13	tax	tax	NOUN
ftr-485	1098	14	field	field	NOUN
ftr-485	1098	15	,	,	PUNCT
ftr-485	1098	16	fiscal	fiscal	ADJ
ftr-485	1098	17	authorities	authority	NOUN
ftr-485	1098	18	and	and	CCONJ
ftr-485	1098	19	tax	tax	NOUN
ftr-485	1098	20	laws	law	NOUN
ftr-485	1098	21	are	be	AUX
ftr-485	1098	22	constantly	constantly	ADV
ftr-485	1098	23	under	under	ADP
ftr-485	1098	24	pressure	pressure	NOUN
ftr-485	1098	25	to	to	PART
ftr-485	1098	26	implement	implement	VERB
ftr-485	1098	27	suitable	suitable	ADJ
ftr-485	1098	28	tax	tax	NOUN
ftr-485	1098	29	pro168	pro168	NOUN
ftr-485	1098	30	.	.	PUNCT
ftr-485	1099	1	see	see	VERB
ftr-485	1099	2	derivative	derivative	ADJ
ftr-485	1099	3	financial	financial	ADJ
ftr-485	1099	4	markets	market	NOUN
ftr-485	1099	5	,	,	PUNCT
ftr-485	1099	6	(	(	PUNCT
ftr-485	1099	7	part	part	NOUN
ftr-485	1099	8	1	1	NUM
ftr-485	1099	9	)	)	PUNCT
ftr-485	1099	10	,	,	PUNCT
ftr-485	1099	11	1994	1994	NUM
ftr-485	1099	12	:	:	PUNCT
ftr-485	1099	13	hearings	hearing	NOUN
ftr-485	1099	14	on	on	ADP
ftr-485	1099	15	h.	h.	PROPN
ftr-485	1099	16	361	361	NUM
ftr-485	1099	17	before	before	ADP
ftr-485	1099	18	the	the	DET
ftr-485	1099	19	subcomm	subcomm	NOUN
ftr-485	1099	20	.	.	PUNCT
ftr-485	1100	1	on	on	ADP
ftr-485	1100	2	telecommunications	telecommunication	NOUN
ftr-485	1100	3	and	and	CCONJ
ftr-485	1100	4	finance	finance	NOUN
ftr-485	1100	5	of	of	ADP
ftr-485	1100	6	the	the	DET
ftr-485	1100	7	house	house	PROPN
ftr-485	1100	8	committee	committee	PROPN
ftr-485	1100	9	on	on	ADP
ftr-485	1100	10	energy	energy	NOUN
ftr-485	1100	11	and	and	CCONJ
ftr-485	1100	12	commerce	commerce	NOUN
ftr-485	1100	13	,	,	PUNCT
ftr-485	1100	14	103d	103d	NUM
ftr-485	1100	15	cong	cong	NOUN
ftr-485	1100	16	.	.	PROPN
ftr-485	1100	17	,	,	PUNCT
ftr-485	1100	18	2d	2d	NUM
ftr-485	1100	19	sess	sess	NOUN
ftr-485	1100	20	.	.	PUNCT
ftr-485	1101	1	,	,	PUNCT
ftr-485	1101	2	(	(	PUNCT
ftr-485	1101	3	may	may	PROPN
ftr-485	1101	4	10	10	NUM
ftr-485	1101	5	,	,	PUNCT
ftr-485	1101	6	1994	1994	NUM
ftr-485	1101	7	)	)	PUNCT
ftr-485	1101	8	(	(	PUNCT
ftr-485	1101	9	statement	statement	NOUN
ftr-485	1101	10	of	of	ADP
ftr-485	1101	11	richard	richard	PROPN
ftr-485	1101	12	c.	c.	PROPN
ftr-485	1101	13	breeden	breeden	PROPN
ftr-485	1101	14	,	,	PUNCT
ftr-485	1101	15	e.	e.	PROPN
ftr-485	1101	16	gerald	gerald	PROPN
ftr-485	1101	17	corrigan	corrigan	PROPN
ftr-485	1101	18	,	,	PUNCT
ftr-485	1101	19	and	and	CCONJ
ftr-485	1101	20	dennis	dennis	PROPN
ftr-485	1101	21	weatherstone	weatherstone	PROPN
ftr-485	1101	22	)	)	PUNCT
ftr-485	1101	23	.	.	PUNCT
ftr-485	1102	1	169	169	NUM
ftr-485	1102	2	.	.	PUNCT
ftr-485	1103	1	see	see	VERB
ftr-485	1103	2	gao	gao	PROPN
ftr-485	1103	3	report	report	PROPN
ftr-485	1103	4	,	,	PUNCT
ftr-485	1103	5	supra	supra	PROPN
ftr-485	1103	6	note	note	PROPN
ftr-485	1103	7	i.	i.	PROPN
ftr-485	1103	8	the	the	DET
ftr-485	1103	9	report	report	NOUN
ftr-485	1103	10	contains	contain	VERB
ftr-485	1103	11	extensive	extensive	ADJ
ftr-485	1103	12	and	and	CCONJ
ftr-485	1103	13	detailed	detailed	ADJ
ftr-485	1103	14	discussion	discussion	NOUN
ftr-485	1103	15	of	of	ADP
ftr-485	1103	16	all	all	DET
ftr-485	1103	17	facets	facet	NOUN
ftr-485	1103	18	of	of	ADP
ftr-485	1103	19	the	the	DET
ftr-485	1103	20	risks	risk	NOUN
ftr-485	1103	21	involved	involve	VERB
ftr-485	1103	22	with	with	ADP
ftr-485	1103	23	derivatives	derivative	NOUN
ftr-485	1103	24	,	,	PUNCT
ftr-485	1103	25	including	include	VERB
ftr-485	1103	26	current	current	ADJ
ftr-485	1103	27	risk	risk	NOUN
ftr-485	1103	28	management	management	NOUN
ftr-485	1103	29	techniques	technique	NOUN
ftr-485	1103	30	,	,	PUNCT
ftr-485	1103	31	accounting	accounting	NOUN
ftr-485	1103	32	problems	problem	NOUN
ftr-485	1103	33	,	,	PUNCT
ftr-485	1103	34	and	and	CCONJ
ftr-485	1103	35	gaps	gap	NOUN
ftr-485	1103	36	in	in	ADP
ftr-485	1103	37	the	the	DET
ftr-485	1103	38	regulation	regulation	NOUN
ftr-485	1103	39	of	of	ADP
ftr-485	1103	40	the	the	DET
ftr-485	1103	41	derivatives	derivative	NOUN
ftr-485	1103	42	industry	industry	NOUN
ftr-485	1103	43	.	.	PUNCT
ftr-485	1104	1	i	i	PRON
ftr-485	1104	2	d.	d.	PROPN
ftr-485	1104	3	at	at	ADP
ftr-485	1104	4	103	103	NUM
ftr-485	1104	5	.	.	PUNCT
ftr-485	1105	1	the	the	DET
ftr-485	1105	2	report	report	NOUN
ftr-485	1105	3	also	also	ADV
ftr-485	1105	4	includes	include	VERB
ftr-485	1105	5	many	many	ADJ
ftr-485	1105	6	recommendations	recommendation	NOUN
ftr-485	1105	7	,	,	PUNCT
ftr-485	1105	8	and	and	CCONJ
ftr-485	1105	9	points	point	VERB
ftr-485	1105	10	out	out	ADP
ftr-485	1105	11	a	a	DET
ftr-485	1105	12	need	need	NOUN
ftr-485	1105	13	to	to	PART
ftr-485	1105	14	restructure	restructure	VERB
ftr-485	1105	15	the	the	DET
ftr-485	1105	16	u.s	u.s	PROPN
ftr-485	1105	17	.	.	PROPN
ftr-485	1105	18	financial	financial	ADJ
ftr-485	1105	19	regulatory	regulatory	ADJ
ftr-485	1105	20	system	system	NOUN
ftr-485	1105	21	in	in	ADP
ftr-485	1105	22	light	light	NOUN
ftr-485	1105	23	of	of	ADP
ftr-485	1105	24	the	the	DET
ftr-485	1105	25	increasing	increase	VERB
ftr-485	1105	26	global	global	ADJ
ftr-485	1105	27	nature	nature	NOUN
ftr-485	1105	28	of	of	ADP
ftr-485	1105	29	financial	financial	ADJ
ftr-485	1105	30	markets	market	NOUN
ftr-485	1105	31	.	.	PUNCT
ftr-485	1106	1	i	i	PRON
ftr-485	1106	2	d.	d.	PROPN
ftr-485	1106	3	at	at	ADP
ftr-485	1106	4	123	123	NUM
ftr-485	1106	5	-	-	SYM
ftr-485	1106	6	29	29	NUM
ftr-485	1106	7	.	.	PUNCT
ftr-485	1106	8	170	170	NUM
ftr-485	1106	9	.	.	PUNCT
ftr-485	1107	1	the	the	DET
ftr-485	1107	2	risks	risk	NOUN
ftr-485	1107	3	and	and	CCONJ
ftr-485	1107	4	regulation	regulation	NOUN
ftr-485	1107	5	of	of	ADP
ftr-485	1107	6	financial	financial	ADJ
ftr-485	1107	7	derivatives	derivative	NOUN
ftr-485	1107	8	,	,	PUNCT
ftr-485	1107	9	1994	1994	NUM
ftr-485	1107	10	:	:	PUNCT
ftr-485	1107	11	hearings	hearing	NOUN
ftr-485	1107	12	on	on	ADP
ftr-485	1107	13	s.	s.	PROPN
ftr-485	1107	14	241	241	NUM
ftr-485	1107	15	before	before	ADP
ftr-485	1107	16	the	the	DET
ftr-485	1107	17	comm	comm	NOUN
ftr-485	1107	18	.	.	PUNCT
ftr-485	1108	1	on	on	ADP
ftr-485	1108	2	banking	banking	NOUN
ftr-485	1108	3	,	,	PUNCT
ftr-485	1108	4	housing	housing	NOUN
ftr-485	1108	5	,	,	PUNCT
ftr-485	1108	6	and	and	CCONJ
ftr-485	1108	7	urban	urban	ADJ
ftr-485	1108	8	affairs	affair	NOUN
ftr-485	1108	9	of	of	ADP
ftr-485	1108	10	the	the	DET
ftr-485	1108	11	senate	senate	PROPN
ftr-485	1108	12	,	,	PUNCT
ftr-485	1108	13	103d	103d	NUM
ftr-485	1108	14	cong	cong	NOUN
ftr-485	1108	15	.	.	PROPN
ftr-485	1108	16	,	,	PUNCT
ftr-485	1108	17	2d	2d	NUM
ftr-485	1108	18	sess	sess	NOUN
ftr-485	1108	19	.	.	PUNCT
ftr-485	1109	1	(	(	PUNCT
ftr-485	1109	2	may	may	PROPN
ftr-485	1109	3	19	19	NUM
ftr-485	1109	4	,	,	PUNCT
ftr-485	1109	5	1994	1994	NUM
ftr-485	1109	6	)	)	PUNCT
ftr-485	1109	7	(	(	PUNCT
ftr-485	1109	8	statement	statement	NOUN
ftr-485	1109	9	of	of	ADP
ftr-485	1109	10	charles	charles	PROPN
ftr-485	1109	11	a.	a.	PROPN
ftr-485	1109	12	bowsher	bowsher	PROPN
ftr-485	1109	13	,	,	PUNCT
ftr-485	1109	14	comptroller	comptroller	NOUN
ftr-485	1109	15	general	general	NOUN
ftr-485	1109	16	of	of	ADP
ftr-485	1109	17	the	the	DET
ftr-485	1109	18	united	united	PROPN
ftr-485	1109	19	states	states	PROPN
ftr-485	1109	20	)	)	PUNCT
ftr-485	1109	21	.	.	PUNCT
ftr-485	1110	1	1995	1995	NUM
ftr-485	1110	2	]	]	PUNCT
ftr-485	1110	3	florida	florida	PROPN
ftr-485	1110	4	tax	tax	PROPN
ftr-485	1110	5	review	review	NOUN
ftr-485	1110	6	visions	vision	NOUN
ftr-485	1110	7	to	to	PART
ftr-485	1110	8	keep	keep	VERB
ftr-485	1110	9	pace	pace	NOUN
ftr-485	1110	10	with	with	ADP
ftr-485	1110	11	rapidly	rapidly	ADV
ftr-485	1110	12	developing	develop	VERB
ftr-485	1110	13	business	business	NOUN
ftr-485	1110	14	practices	practice	NOUN
ftr-485	1110	15	.	.	PUNCT
ftr-485	1110	16	'	'	PUNCT
ftr-485	1111	1	7	7	NUM
ftr-485	1111	2	'	'	PUNCT
ftr-485	1111	3	in	in	ADP
ftr-485	1111	4	the	the	DET
ftr-485	1111	5	face	face	NOUN
ftr-485	1111	6	of	of	ADP
ftr-485	1111	7	this	this	DET
ftr-485	1111	8	challenge	challenge	NOUN
ftr-485	1111	9	,	,	PUNCT
ftr-485	1111	10	it	it	PRON
ftr-485	1111	11	is	be	AUX
ftr-485	1111	12	particularly	particularly	ADV
ftr-485	1111	13	important	important	ADJ
ftr-485	1111	14	for	for	ADP
ftr-485	1111	15	the	the	DET
ftr-485	1111	16	united	united	PROPN
ftr-485	1111	17	states	states	PROPN
ftr-485	1111	18	and	and	CCONJ
ftr-485	1111	19	other	other	ADJ
ftr-485	1111	20	countries	country	NOUN
ftr-485	1111	21	with	with	ADP
ftr-485	1111	22	the	the	DET
ftr-485	1111	23	most	most	ADV
ftr-485	1111	24	sophisticated	sophisticated	ADJ
ftr-485	1111	25	oversight	oversight	NOUN
ftr-485	1111	26	of	of	ADP
ftr-485	1111	27	their	their	PRON
ftr-485	1111	28	financial	financial	ADJ
ftr-485	1111	29	systems	system	NOUN
ftr-485	1111	30	to	to	PART
ftr-485	1111	31	continue	continue	VERB
ftr-485	1111	32	to	to	PART
ftr-485	1111	33	construct	construct	VERB
ftr-485	1111	34	tax	tax	NOUN
ftr-485	1111	35	laws	law	NOUN
ftr-485	1111	36	concerning	concern	VERB
ftr-485	1111	37	swap	swap	NOUN
ftr-485	1111	38	and	and	CCONJ
ftr-485	1111	39	related	related	ADJ
ftr-485	1111	40	income	income	NOUN
ftr-485	1111	41	that	that	PRON
ftr-485	1111	42	clarify	clarify	VERB
ftr-485	1111	43	,	,	PUNCT
ftr-485	1111	44	standardize	standardize	VERB
ftr-485	1111	45	,	,	PUNCT
ftr-485	1111	46	and	and	CCONJ
ftr-485	1111	47	guarantee	guarantee	VERB
ftr-485	1111	48	tax	tax	NOUN
ftr-485	1111	49	treatment	treatment	NOUN
ftr-485	1111	50	and	and	CCONJ
ftr-485	1111	51	eliminate	eliminate	VERB
ftr-485	1111	52	the	the	DET
ftr-485	1111	53	burden	burden	NOUN
ftr-485	1111	54	of	of	ADP
ftr-485	1111	55	double	double	ADJ
ftr-485	1111	56	taxation	taxation	NOUN
ftr-485	1111	57	.	.	PUNCT
ftr-485	1112	1	such	such	ADJ
ftr-485	1112	2	tax	tax	NOUN
ftr-485	1112	3	laws	law	NOUN
ftr-485	1112	4	are	be	AUX
ftr-485	1112	5	necessary	necessary	ADJ
ftr-485	1112	6	to	to	PART
ftr-485	1112	7	discourage	discourage	VERB
ftr-485	1112	8	swaps	swap	NOUN
ftr-485	1112	9	and	and	CCONJ
ftr-485	1112	10	other	other	ADJ
ftr-485	1112	11	financial	financial	ADJ
ftr-485	1112	12	products	product	NOUN
ftr-485	1112	13	from	from	ADP
ftr-485	1112	14	being	be	AUX
ftr-485	1112	15	moved	move	VERB
ftr-485	1112	16	outside	outside	ADV
ftr-485	1112	17	of	of	ADP
ftr-485	1112	18	their	their	PRON
ftr-485	1112	19	tax	tax	NOUN
ftr-485	1112	20	and	and	CCONJ
ftr-485	1112	21	regulatory	regulatory	ADJ
ftr-485	1112	22	jurisdictions	jurisdiction	NOUN
ftr-485	1112	23	.	.	PUNCT
ftr-485	1113	1	a	a	DET
ftr-485	1113	2	good	good	ADJ
ftr-485	1113	3	example	example	NOUN
ftr-485	1113	4	of	of	ADP
ftr-485	1113	5	such	such	DET
ftr-485	1113	6	a	a	DET
ftr-485	1113	7	law	law	NOUN
ftr-485	1113	8	and	and	CCONJ
ftr-485	1113	9	one	one	NUM
ftr-485	1113	10	to	to	PART
ftr-485	1113	11	be	be	AUX
ftr-485	1113	12	followed	follow	VERB
ftr-485	1113	13	elsewhere	elsewhere	ADV
ftr-485	1113	14	is	be	AUX
ftr-485	1113	15	that	that	PRON
ftr-485	1113	16	of	of	ADP
ftr-485	1113	17	the	the	DET
ftr-485	1113	18	united	united	PROPN
ftr-485	1113	19	states	states	PROPN
ftr-485	1113	20	sourcing	source	VERB
ftr-485	1113	21	swap	swap	NOUN
ftr-485	1113	22	income	income	NOUN
ftr-485	1113	23	to	to	ADP
ftr-485	1113	24	the	the	DET
ftr-485	1113	25	state	state	NOUN
ftr-485	1113	26	of	of	ADP
ftr-485	1113	27	the	the	DET
ftr-485	1113	28	recipient	recipient	NOUN
ftr-485	1113	29	's	's	PART
ftr-485	1113	30	residence	residence	NOUN
ftr-485	1113	31	.	.	PUNCT
ftr-485	1114	1	with	with	ADP
ftr-485	1114	2	this	this	DET
ftr-485	1114	3	provision	provision	NOUN
ftr-485	1114	4	,	,	PUNCT
ftr-485	1114	5	the	the	DET
ftr-485	1114	6	united	united	PROPN
ftr-485	1114	7	states	states	PROPN
ftr-485	1114	8	unilaterally	unilaterally	ADV
ftr-485	1114	9	prevents	prevent	VERB
ftr-485	1114	10	double	double	ADJ
ftr-485	1114	11	taxation	taxation	NOUN
ftr-485	1114	12	of	of	ADP
ftr-485	1114	13	swap	swap	NOUN
ftr-485	1114	14	income	income	NOUN
ftr-485	1114	15	paid	pay	VERB
ftr-485	1114	16	abroad	abroad	ADV
ftr-485	1114	17	.	.	PUNCT
ftr-485	1115	1	in	in	ADP
ftr-485	1115	2	contrast	contrast	NOUN
ftr-485	1115	3	,	,	PUNCT
ftr-485	1115	4	a	a	DET
ftr-485	1115	5	policy	policy	NOUN
ftr-485	1115	6	to	to	PART
ftr-485	1115	7	be	be	AUX
ftr-485	1115	8	less	less	ADV
ftr-485	1115	9	quickly	quickly	ADV
ftr-485	1115	10	copied	copy	VERB
ftr-485	1115	11	is	be	AUX
ftr-485	1115	12	the	the	DET
ftr-485	1115	13	recharacterization	recharacterization	NOUN
ftr-485	1115	14	of	of	ADP
ftr-485	1115	15	a	a	DET
ftr-485	1115	16	large	large	ADJ
ftr-485	1115	17	nonperiodic	nonperiodic	ADJ
ftr-485	1115	18	payment	payment	NOUN
ftr-485	1115	19	under	under	ADP
ftr-485	1115	20	an	an	DET
ftr-485	1115	21	offmarket	offmarket	ADJ
ftr-485	1115	22	swap	swap	NOUN
ftr-485	1115	23	into	into	ADP
ftr-485	1115	24	a	a	DET
ftr-485	1115	25	loan	loan	NOUN
ftr-485	1115	26	bearing	bear	VERB
ftr-485	1115	27	interest	interest	NOUN
ftr-485	1115	28	.	.	PUNCT
ftr-485	1116	1	as	as	SCONJ
ftr-485	1116	2	discussed	discuss	VERB
ftr-485	1116	3	in	in	ADP
ftr-485	1116	4	the	the	DET
ftr-485	1116	5	first	first	ADJ
ftr-485	1116	6	part	part	NOUN
ftr-485	1116	7	of	of	ADP
ftr-485	1116	8	this	this	DET
ftr-485	1116	9	article	article	NOUN
ftr-485	1116	10	,	,	PUNCT
ftr-485	1116	11	though	though	SCONJ
ftr-485	1116	12	implemented	implement	VERB
ftr-485	1116	13	to	to	PART
ftr-485	1116	14	combat	combat	VERB
ftr-485	1116	15	a	a	DET
ftr-485	1116	16	real	real	ADJ
ftr-485	1116	17	problem	problem	NOUN
ftr-485	1116	18	,	,	PUNCT
ftr-485	1116	19	many	many	ADJ
ftr-485	1116	20	tax	tax	NOUN
ftr-485	1116	21	uncertainties	uncertainty	NOUN
ftr-485	1116	22	and	and	CCONJ
ftr-485	1116	23	unusual	unusual	ADJ
ftr-485	1116	24	results	result	NOUN
ftr-485	1116	25	arise	arise	VERB
ftr-485	1116	26	from	from	ADP
ftr-485	1116	27	this	this	DET
ftr-485	1116	28	policy	policy	NOUN
ftr-485	1116	29	,	,	PUNCT
ftr-485	1116	30	including	include	VERB
ftr-485	1116	31	not	not	PART
ftr-485	1116	32	knowing	know	VERB
ftr-485	1116	33	when	when	SCONJ
ftr-485	1116	34	there	there	PRON
ftr-485	1116	35	will	will	AUX
ftr-485	1116	36	be	be	AUX
ftr-485	1116	37	recharacterization	recharacterization	ADJ
ftr-485	1116	38	,	,	PUNCT
ftr-485	1116	39	and	and	CCONJ
ftr-485	1116	40	thus	thus	ADV
ftr-485	1116	41	not	not	PART
ftr-485	1116	42	knowing	know	VERB
ftr-485	1116	43	when	when	SCONJ
ftr-485	1116	44	withholding	withholding	NOUN
ftr-485	1116	45	is	be	AUX
ftr-485	1116	46	required	require	VERB
ftr-485	1116	47	.	.	PUNCT
ftr-485	1117	1	further	far	ADV
ftr-485	1117	2	,	,	PUNCT
ftr-485	1117	3	when	when	SCONJ
ftr-485	1117	4	a	a	DET
ftr-485	1117	5	nonperiodic	nonperiodic	ADJ
ftr-485	1117	6	payment	payment	NOUN
ftr-485	1117	7	has	have	AUX
ftr-485	1117	8	been	be	AUX
ftr-485	1117	9	recharacterized	recharacterize	VERB
ftr-485	1117	10	,	,	PUNCT
ftr-485	1117	11	it	it	PRON
ftr-485	1117	12	seems	seem	VERB
ftr-485	1117	13	unusual	unusual	ADJ
ftr-485	1117	14	indeed	indeed	ADV
ftr-485	1117	15	that	that	DET
ftr-485	1117	16	withholding	withholding	NOUN
ftr-485	1117	17	may	may	AUX
ftr-485	1117	18	be	be	AUX
ftr-485	1117	19	due	due	ADJ
ftr-485	1117	20	even	even	ADV
ftr-485	1117	21	absent	absent	ADJ
ftr-485	1117	22	any	any	DET
ftr-485	1117	23	net	net	ADJ
ftr-485	1117	24	cash	cash	NOUN
ftr-485	1117	25	payment	payment	NOUN
ftr-485	1117	26	to	to	PART
ftr-485	1117	27	subject	subject	VERB
ftr-485	1117	28	to	to	ADP
ftr-485	1117	29	withholding	withholding	NOUN
ftr-485	1117	30	.	.	PUNCT
ftr-485	1118	1	in	in	ADP
ftr-485	1118	2	addition	addition	NOUN
ftr-485	1118	3	,	,	PUNCT
ftr-485	1118	4	it	it	PRON
ftr-485	1118	5	is	be	AUX
ftr-485	1118	6	this	this	DET
ftr-485	1118	7	imposition	imposition	NOUN
ftr-485	1118	8	of	of	ADP
ftr-485	1118	9	source	source	NOUN
ftr-485	1118	10	state	state	NOUN
ftr-485	1118	11	taxation	taxation	NOUN
ftr-485	1118	12	that	that	PRON
ftr-485	1118	13	may	may	AUX
ftr-485	1118	14	lead	lead	VERB
ftr-485	1118	15	to	to	ADP
ftr-485	1118	16	unacceptable	unacceptable	ADJ
ftr-485	1118	17	double	double	ADJ
ftr-485	1118	18	taxation	taxation	NOUN
ftr-485	1118	19	.	.	PUNCT
ftr-485	1119	1	prospective	prospective	ADJ
ftr-485	1119	2	swap	swap	NOUN
ftr-485	1119	3	participants	participant	NOUN
ftr-485	1119	4	may	may	AUX
ftr-485	1119	5	understandably	understandably	ADV
ftr-485	1119	6	shy	shy	VERB
ftr-485	1119	7	away	away	ADV
ftr-485	1119	8	from	from	ADP
ftr-485	1119	9	carrying	carry	VERB
ftr-485	1119	10	out	out	ADP
ftr-485	1119	11	a	a	DET
ftr-485	1119	12	swap	swap	NOUN
ftr-485	1119	13	in	in	ADP
ftr-485	1119	14	a	a	DET
ftr-485	1119	15	jurisdiction	jurisdiction	NOUN
ftr-485	1119	16	with	with	ADP
ftr-485	1119	17	such	such	DET
ftr-485	1119	18	a	a	DET
ftr-485	1119	19	recharacterization	recharacterization	ADJ
ftr-485	1119	20	provision	provision	NOUN
ftr-485	1119	21	.	.	PUNCT
ftr-485	1120	1	when	when	SCONJ
ftr-485	1120	2	a	a	DET
ftr-485	1120	3	system	system	NOUN
ftr-485	1120	4	for	for	ADP
ftr-485	1120	5	the	the	DET
ftr-485	1120	6	avoidance	avoidance	NOUN
ftr-485	1120	7	of	of	ADP
ftr-485	1120	8	double	double	ADJ
ftr-485	1120	9	taxation	taxation	NOUN
ftr-485	1120	10	on	on	ADP
ftr-485	1120	11	income	income	NOUN
ftr-485	1120	12	resulting	result	VERB
ftr-485	1120	13	from	from	ADP
ftr-485	1120	14	derivatives	derivative	NOUN
ftr-485	1120	15	is	be	AUX
ftr-485	1120	16	finally	finally	ADV
ftr-485	1120	17	developed	develop	VERB
ftr-485	1120	18	and	and	CCONJ
ftr-485	1120	19	incorporated	incorporate	VERB
ftr-485	1120	20	into	into	ADP
ftr-485	1120	21	the	the	DET
ftr-485	1120	22	tax	tax	NOUN
ftr-485	1120	23	treaty	treaty	NOUN
ftr-485	1120	24	network	network	NOUN
ftr-485	1120	25	,	,	PUNCT
ftr-485	1120	26	double	double	ADJ
ftr-485	1120	27	taxation	taxation	NOUN
ftr-485	1120	28	of	of	ADP
ftr-485	1120	29	such	such	ADJ
ftr-485	1120	30	income	income	NOUN
ftr-485	1120	31	will	will	AUX
ftr-485	1120	32	regularly	regularly	ADV
ftr-485	1120	33	be	be	AUX
ftr-485	1120	34	avoided	avoid	VERB
ftr-485	1120	35	.	.	PUNCT
ftr-485	1121	1	until	until	ADP
ftr-485	1121	2	then	then	ADV
ftr-485	1121	3	,	,	PUNCT
ftr-485	1121	4	however	however	ADV
ftr-485	1121	5	,	,	PUNCT
ftr-485	1121	6	it	it	PRON
ftr-485	1121	7	is	be	AUX
ftr-485	1121	8	the	the	DET
ftr-485	1121	9	task	task	NOUN
ftr-485	1121	10	of	of	ADP
ftr-485	1121	11	domestic	domestic	ADJ
ftr-485	1121	12	policymakers	policymaker	NOUN
ftr-485	1121	13	to	to	PART
ftr-485	1121	14	look	look	VERB
ftr-485	1121	15	for	for	ADP
ftr-485	1121	16	ways	way	NOUN
ftr-485	1121	17	to	to	PART
ftr-485	1121	18	establish	establish	VERB
ftr-485	1121	19	a	a	DET
ftr-485	1121	20	coherent	coherent	ADJ
ftr-485	1121	21	and	and	CCONJ
ftr-485	1121	22	predictable	predictable	ADJ
ftr-485	1121	23	scheme	scheme	NOUN
ftr-485	1121	24	for	for	ADP
ftr-485	1121	25	the	the	DET
ftr-485	1121	26	domestic	domestic	ADJ
ftr-485	1121	27	taxation	taxation	NOUN
ftr-485	1121	28	of	of	ADP
ftr-485	1121	29	derivative	derivative	ADJ
ftr-485	1121	30	products	product	NOUN
ftr-485	1121	31	that	that	PRON
ftr-485	1121	32	meshes	mesh	VERB
ftr-485	1121	33	with	with	ADP
ftr-485	1121	34	other	other	ADJ
ftr-485	1121	35	practices	practice	NOUN
ftr-485	1121	36	around	around	ADP
ftr-485	1121	37	the	the	DET
ftr-485	1121	38	world	world	NOUN
ftr-485	1121	39	and	and	CCONJ
ftr-485	1121	40	avoids	avoid	VERB
ftr-485	1121	41	tax	tax	NOUN
ftr-485	1121	42	-	-	PUNCT
ftr-485	1121	43	related	relate	VERB
ftr-485	1121	44	interference	interference	NOUN
ftr-485	1121	45	with	with	ADP
ftr-485	1121	46	the	the	DET
ftr-485	1121	47	international	international	ADJ
ftr-485	1121	48	flow	flow	NOUN
ftr-485	1121	49	of	of	ADP
ftr-485	1121	50	capital	capital	NOUN
ftr-485	1121	51	.	.	PUNCT
ftr-485	1122	1	171	171	NUM
ftr-485	1122	2	.	.	PUNCT
ftr-485	1123	1	recognizing	recognize	VERB
ftr-485	1123	2	that	that	SCONJ
ftr-485	1123	3	this	this	PRON
ftr-485	1123	4	is	be	AUX
ftr-485	1123	5	especially	especially	ADV
ftr-485	1123	6	true	true	ADJ
ftr-485	1123	7	for	for	ADP
ftr-485	1123	8	financial	financial	ADJ
ftr-485	1123	9	instruments	instrument	NOUN
ftr-485	1123	10	,	,	PUNCT
ftr-485	1123	11	the	the	DET
ftr-485	1123	12	treasury	treasury	PROPN
ftr-485	1123	13	department	department	NOUN
ftr-485	1123	14	is	be	AUX
ftr-485	1123	15	presently	presently	ADV
ftr-485	1123	16	conducting	conduct	VERB
ftr-485	1123	17	a	a	DET
ftr-485	1123	18	broad	broad	ADJ
ftr-485	1123	19	review	review	NOUN
ftr-485	1123	20	of	of	ADP
ftr-485	1123	21	the	the	DET
ftr-485	1123	22	u.s	u.s	PROPN
ftr-485	1123	23	.	.	PROPN
ftr-485	1123	24	taxation	taxation	NOUN
ftr-485	1123	25	of	of	ADP
ftr-485	1123	26	financial	financial	ADJ
ftr-485	1123	27	services	service	NOUN
ftr-485	1123	28	in	in	ADP
ftr-485	1123	29	an	an	DET
ftr-485	1123	30	effort	effort	NOUN
ftr-485	1123	31	to	to	PART
ftr-485	1123	32	improve	improve	VERB
ftr-485	1123	33	the	the	DET
ftr-485	1123	34	taxation	taxation	NOUN
ftr-485	1123	35	of	of	ADP
ftr-485	1123	36	both	both	DET
ftr-485	1123	37	existing	exist	VERB
ftr-485	1123	38	and	and	CCONJ
ftr-485	1123	39	future	future	ADJ
ftr-485	1123	40	services	service	NOUN
ftr-485	1123	41	,	,	PUNCT
ftr-485	1123	42	particularly	particularly	ADV
ftr-485	1123	43	in	in	ADP
ftr-485	1123	44	light	light	NOUN
ftr-485	1123	45	of	of	ADP
ftr-485	1123	46	the	the	DET
ftr-485	1123	47	global	global	ADJ
ftr-485	1123	48	nature	nature	NOUN
ftr-485	1123	49	of	of	ADP
ftr-485	1123	50	the	the	DET
ftr-485	1123	51	financial	financial	ADJ
ftr-485	1123	52	industry	industry	NOUN
ftr-485	1123	53	.	.	PUNCT
ftr-485	1124	1	see	see	VERB
ftr-485	1124	2	cosgrove	cosgrove	PROPN
ftr-485	1124	3	,	,	PUNCT
ftr-485	1124	4	supra	supra	PROPN
ftr-485	1124	5	note	note	PROPN
ftr-485	1124	6	4	4	NUM
ftr-485	1124	7	,	,	PUNCT
ftr-485	1124	8	at	at	ADP
ftr-485	1124	9	g-2	g-2	NOUN
ftr-485	1124	10	(	(	PUNCT
ftr-485	1124	11	reporting	report	VERB
ftr-485	1124	12	on	on	ADP
ftr-485	1124	13	a	a	DET
ftr-485	1124	14	speech	speech	NOUN
ftr-485	1124	15	of	of	ADP
ftr-485	1124	16	treasury	treasury	PROPN
ftr-485	1124	17	deputy	deputy	NOUN
ftr-485	1124	18	assistant	assistant	NOUN
ftr-485	1124	19	secretary	secretary	NOUN
ftr-485	1124	20	(	(	PUNCT
ftr-485	1124	21	tax	tax	NOUN
ftr-485	1124	22	policy	policy	NOUN
ftr-485	1124	23	)	)	PUNCT
ftr-485	1124	24	cynthia	cynthia	PROPN
ftr-485	1124	25	beerbower	beerbower	NOUN
ftr-485	1124	26	to	to	ADP
ftr-485	1124	27	the	the	DET
ftr-485	1124	28	aba	aba	PROPN
ftr-485	1124	29	section	section	NOUN
ftr-485	1124	30	of	of	ADP
ftr-485	1124	31	taxation	taxation	NOUN
ftr-485	1124	32	on	on	ADP
ftr-485	1124	33	may	may	PROPN
ftr-485	1124	34	19	19	NUM
ftr-485	1124	35	,	,	PUNCT
ftr-485	1124	36	1995	1995	NUM
ftr-485	1124	37	)	)	PUNCT
ftr-485	1124	38	.	.	PUNCT
ftr-485	1125	1	[	[	X
ftr-485	1125	2	vol	vol	NOUN
ftr-485	1125	3	.	.	PUNCT
ftr-485	1125	4	2:11	2:11	NUM