Each Tax Chart explains an important tax regulation, case, ruling, or concept. Check back frequently for new charts.

Attribution

Treas. Reg. §1.318-2(a), Example 1 (Corporation Not Considered to Own its Own Stock).pdf Treas. Reg. §1.318-2(a), Example 2 (Section 318 50% Threshold Includes Attributed Ownership).pdf Treas. Reg. §1.318-2(b), Example (Family Attribution).pdf Treas. Reg. §1.318-2(c), Example 1 (Partnership Attribution).pdf

Corporate Distributions

Treas. Reg. §1.301-1(f), Example 1 (Section 301 Distribution Greater Than E&P and Stock Basis).pdf Treas. Reg. §1.301-1(f), Example 2 (Section 301 Distribution Less Than E&P Results in Dividend Only).pdf Treas. Reg. §1.302-2(c), Example 2 (Husband’s Stock Redeemed- Basis Transfer to wife).pdf Treas. Reg. §1.302-3(b), Example (Substantially Disproportionate Redemption).pdf

Corporate Reorganizations

Reorganizations Summary Treas. Reg. §1.356-1(d), Example 1 (Stock Exchanged for Stock Plus Boot – Gain).pdf Treas. Reg. §1.356-1(d), Example 2 (Stock Exchanged for Stock Plus Boot- Loss).pdf Treas. Reg. §1.356-1(d), Example 3 (Boot Allocation in Merger -Terms Not Specified).pdf Treas. Reg. §1.356-1(d), Example 4 (Boot Allocation in Merger – Terms Specified).pdf Treas. Reg. §1.356-3(c), Example 1 (Securities Received Treated as Other Property (i.e, Boot)).pdf Treas. Reg. §1.356-3(c), Example 2 (Excess Principal Treated as Other Property (i.e, Boot)).pdf Treas. Reg. §1.356-3(c), Example 3 (No Boot If No Excess Principal).pdf Treas. Reg. §1.356-3(c), Example 4 (Excess Principal Treated as Other Property (i.e, Boot)).pdf Treas. Reg. §1.356-3(c), Example 5 (Excess Principal Treated as Other Property (i.e, Boot)).pdf Treas. Reg. §1.368-1(d)(5), Ex.1 (COBE – One of Three Lines of Business Continued).pdf Treas. Reg. §1.368-1(e)(8), Example 10 (T.D. 9434) (Creditor COI in Insolvency Reorganization).pdf Treas. Reg. §1.368-2(b)(1)(iii), Example 1 (Divisive Merger).Pdf Treas. Reg. §1.368-2(b)(1)(iii), Example 2 (Merger into Disregarded Entity).pdf Treas. Reg. §1.368-2(b)(1)(iii), Example 3 (S Corp with QSub Merger into Disregarded Entity).pdf Treas. Reg. §1.368-2(b)(1)(iii), Example 4 (Triangular Merger into Disregarded Entity).pdf Treas. Reg. §1.368-2(b)(1)(iii), Example 5 (Merger into Disregarded Entity of a Partnership).pdf Treas. Reg. §1.368-2(b)(1)(iii), Example 6 (Merger of a Disregarded Entity into a Corporation).pdf Treas. Reg. §1.368-2(b)(1)(iii), Example 7 (Merger of a Corporation into a Disregarded Entity Partnership).pdf Treas. Reg. §1.368-2(b)(1)(iii), Example 8 (Merger Preceded by Sale & Distribution).pdf Treas. Reg. §1.368-2(b)(1)(iii), Example 9 (Conversion of Target to an LLC).pdf Treas. Reg. §1.368-2(b)(1)(iii), Example 10 (Dissolution of Target).pdf Treas. Reg. §1.368-2(b)(1)(iii), Example 11 (Merger of Corporate Partner into a Partnership).pdf Treas. Reg. §1.368-2(b)(1)(iii), Example 12 (State Law Consolidation).pdf Treas. Reg. §1.368-2(b)(1)(iii), Example 13 (Merger Pursuant to Foreign Statutes).pdf Treas. Reg. §1.361-2(b)(1)(iii), Example 14 (Foreign Amalgamation using Parent Stock).pdf Treas. Reg. §1.368-2(d)(4)(ii), Example 1 (Repeal of Bausch & Lomb Doctrine Upstream C Reorganization).pdf Treas. Reg. §1.368-2(d)(4)(ii), Example 2 (Failed Upstream C Reorganization).pdf Treas. Reg. §1.368-2(l)(3), Ex. 1 (Cash D Reorganization).pdf Treas. Reg. §1.368-2(l)(3), Ex. 2 (Cash D Reorganization Related Shareholders).pdf Treas. Reg. §1.368-2(l)(3), Ex. 3 (Cash D Reorganization Affiliated Group).pdf Treas. Reg. §1.368-2(l)(3), Ex. 4 (Cash D Reorganization De Minimis Ownership).pdf Treas. Reg. §1.368-2(l)(3), Ex. 5 (Cash D Reorganization Vanilla Preferred Stock).pdf Treas. Reg. §1.368-2(l)(3), Ex. 6 (Failed Cash D Reorganization No Shareholder Identity).pdf Treas. Reg §1.368-2(b)(1)(iii) Example (1) Treas. Reg §1.368-2(b)(1)(iii) Example (2) Treas. Reg §1.368-2(b)(1)(iii) Example (3) A Reorganization B Reorganization C Reorganization D Reorganization

International

Treas. Reg. §1.861-3(a)(3)(iii), Example 1 (Dividends Received Deduction for Dividend from Foreign Corporation).pdf Treas. Reg. §1.861-4(b)(1)(ii), Example (Compensation For Services Sourced Based on Payroll Costs).pdf Treas. Reg. §1.861-18(h), Example 1 (Shrink-Wrap License Sold on Disk Treated as Copyrighted Article).pdf Treas. Reg. §1.861-18(h), Example 2 (Shrink-Wrap License Sold Over Internet Treated as Copyrighted Article).pdf Treas. Reg. §1.861-18(h), Example 3 (Use of Computer Disk for 1 Week Treated as Lease of Copyrighted Article).pdf Treas. Reg. §1.861-18(h), Example 4 (Use of Computer Program Downloaded Over Internet Treated as Lease of Copyrighted Article).pdf Treas. Reg. §1.861-18(h), Example 5 (License For 3 Annual Payments Treated as Sale of Copyright Rights).pdf Treas. Reg. §1.1503(d)-7, Facts Treas. Reg. §1.1503(d)-7 Example 1 Treas. Reg. §1.1503(d)-7, Example 2 Treas. Reg. §1.1503(d)-7, Example 2 Alternate Facts Treas. Reg. §1.1503(d)-7, Example 3

Like Kind Exchanges

Treas. Reg. §1.1031(b)-1(b), Example 1 (Two Party Like-Kind Exchange Partial Boot).pdf Treas. Reg. §1.1031(d)-2, Example 1 (Two Party Like-Kind Exchange Assumption of Liabilities).pdf PLR 201622008 and IRC §1031 – Joint Ownership Not a Partnership

Partnerships

Canal Corp v Comm’r – Disguised Sale to Partnership Under §707(a)(2)(B) Rev. Rul. 99-5, Situation 1 – Disregarded Entity to Partnership (Sale of LLC Interest) Rev. Rul. 99-5, Situation 2 – Disregarded Entity to Partnership (Contribution) Treas. Reg. §1.704-3(b)(2), Example 1 (Traditional Method of Making 704 c Allocations).pdf Treas. Reg. §1.704-3(c)(4), Example 1 (Traditional Method with Curative Allocations for Making 704 c Allocations).pdf Treas. Reg. §1.707-1(c), Example 1 (Fixed Guaranteed Payment For Services).pdf Treas. Reg. §1.707-1(c), Example 2 (Minimum Allocation of Partnership Income as Guaranteed Payment).pdf Treas. Reg. §1.707-1(c), Example 3 (Fixed Guaranteed Payment & 30% of Loss).pdf Treas. Reg. §1.707-1(c), Example 4 (Fixed Guaranteed Payment & Capital Gains).pdf Treas. Reg. §1.722-1, Example 1 (Basis of Contributing Partner’s Interest With Liabilities Assumed).pdf Treas. Reg. §1.722-1, Example 2 (Gain on Contribution Into Partnership With Liabilities Assumed).pdf

Qualified Stock Acquisitions

Treas. Reg. §1.338-3(b)(3)(iv), Example 1 (QSP – Busted 351 (via IPO) is a Section 338(h)(3) Purchase).pdf Treas. Reg. §1.338-3(b)(3)(iv), Example 2 (QSP – Related Person Acquisition).pdf Treas. Reg. §1.338-3(b)(3)(iv), Example 3 (No QSP – Shares Constructively Acquired Prior to 12 Month Period).pdf Treas. Reg. §1.338-3(b)(3)(iv), Example 4 (No QSP – Shares Constructively Acquired Prior to 12 Month Period).pdf Treas. Reg. §1.338-3(b)(5)(iv), Example 1 (QSP – Purchase, Redemption & Purchase).pdf Treas. Reg. §1.338-3(b)(5)(iv) Example 2 (QSP – Purchase & Redemption).pdf Treas. Reg. §1.338-3(b)(5)(iv), Example 3 (No QSP – Redemption & Purchase).pdf Treas. Reg. §1.338-3(b)(5)(iv), Example 4 (QSP – Purchase & Related Person Redemption).pdf Treas. Reg. §1.338-3(c)(1)(ii), Example 1 (Purchase & Sale of Target).pdf Treas. Reg. §1.338-3(c)(1)(ii), Example 2 (Purchase of Target & Sale of Target’s Subsidiary).pdf Treas. Reg. §1.338-3(d)(5), Example (Post-QSP Merger of Target).Pdf Treas. Reg. §1.338-9(f), Example 1 (Section 1248 Gain on QSP of a CFC With Gain Recognition Election).pdf Treas. Reg. §1.338-9(f), Example 3 (Creeping Acquisition of CFC (U.S. Sellers)).pdf Treas. Reg. §1.338-9(f), Example 4 (Creeping Acquisition of CFC (Foreign Seller)).pdf Treas. Reg. §1.338-10(a)(7), Example 1 (338 Election – One-Day Tax Return).pdf Treas. Reg. §1.338-10(a)(7), Example 2 (338 Election – Short Year Tax Return).pdf Treas. Reg. §1.338(h)(10)-1(e), Example 11 (Stock Acquisition Merger Followed By Upstream Merger – No 338(h)(10)).pdf Treas. Reg. §1.338(h)(10)-1(e), Example 12 (Stock Acquisition Merger Followed By Upstream Merger With 338(h)(10) Election).pdf Treas. Reg. §1.338(h)(10)-1(e), Example 13 (Stock Acq’n Merger Followed By Brother-Sister Merger – With 338(h)(10) Election).pdf Treas. Reg. §1.338(h)(10)-1(e), Example 1 (338(h)(10) Election For Some But Not All Targets).pdf Treas. Reg. §1.338(h)(10)-1(e), Example 2 (Pre-Sale Distribution and QSP).pdf Treas. Reg. §1.338(h)(10)-1(e), Example 14 (Stock Acquisition (Not a QSP) Followed By Upstream Merger).pdf Treas. Reg. §1.338-9(f), Example 2 (Section 1248 Gain on QSP of a CFC Without Gain Recognition Election).pdf

S Corporations

Treas. Reg. §1.1361-4(a)(2)(ii), Ex. 1 (Qualified Stock Purchase & QSub Election).pdf Treas. Reg. §1.1361-4(a)(2)(ii), Ex. 3 (Contribution & QSub Election Drop & Check).pdf Treas. Reg. §1.1361-4(a)(2)(iv), Example (Redemption and QSub Election).pdf Treas. Reg. §1.1361-5(a)(4) Example 1 (Termination of QSub Election upon Termination of Parent’s S Election).pdf Treas. Reg. §1.1361-5(a)(4) Example 2 (Termination of QSub Election due to Transfer of QSub Stock).pdf Treas. Reg. §1.1361-5(a)(4) Example 3 (No Termination of QSub Election on Stock Transfer Between QSub and Parent).pdf Treas. Reg. §1.1361-5(a)(4) Example 4 (Termination of S and QSub Elections due to 80 Acquisition of S Corp by C Corp).pdf Treas. Reg. §1.1361-5(a)(4) Example 5 (Termination of QSub Election due to 80% Acquisition of QSub by C Corp).pdf Treas. Reg. §1.1361-4(a)(2)(ii), Ex. 2 (Stock for Stock Exchange & QSub Election).pdf Treas. Reg. §1.1361-5(b)(3) Example 8 (F Reorganization Upon S Corp Merger into its QSub).pdf Treas. Reg. §1.1361-5(b)(3) Example 9 (Sale of QSub Triggers a Deemed 351 Exchange to the Purchaser).pdf

Tax Credits

New Markets Tax Credit

Tax Free Contributions

Treas. Reg. §1.351-1(a)(2), Example 1 (Section 351 Exchange With New Corporation).pdf Treas. Reg. §1.351-1(a)(2), Example 2 (78% is Insufficient to Qualify Under Section 351).pdf Treas. Reg. §1.351-1(a)(2), Example 3 (80% Threshold Includes Stock Received for Services).pdf Treas. Reg. §1.351-1(b)(2), Example 1 (Section 351 Exchange With Constructive Transfer).pdf Treas. Reg. §1.351-1(b)(2), Example 2 (Stock in Exchange For Services).pdf Treas. Reg. §1.351-1(c)(7), Example 1 (No Investment Company Under Section 351(e)(1) — De Minimis Diversification).pdf Treas. Reg. §1.351-1(c)(7), Example 2 (Investment Co. Under Section 351(e)(1) Due to Diversification).pdf

Uncategorized

Treas. Reg. §1.83-6(d)(1) (Shareholder Transfer of Stock to Employee of Corp).pdf Treas. Reg. §1.1001-2(c), Example 1(Sales Proceeds Include Liabilities Assumed By Purchaser).pdf Dover Corporation v Comm’r – (Check and Sell) Opportunity Zone Fund IRS Tax Dispute Resolution Decision Tree

Tax Planning

IC-DISC Planning