Prepared for distribution at the CONSOLIDATED TAX RETURN REGULATIONS 2016 Program New York City, February 22 23, 2016 VOLUME ONE

Transcription

1 Prepared for distribution at the CONSOLIDATED TAX RETURN REGULATIONS 2016 Program New York City, February 22 23, 2016 CONTENTS: VOLUME ONE PROGRAM SCHEDULE FACULTY BIOS The Consolidated Return Investment Basis Adjustment Rules The Consolidated Return Investment Basis Adjustment Rules Study Problems Krishna P. Vallabhaneni U.S. Department of the Treasury William S. Dixon Citigroup Global Markets, Inc. Joseph M. Pari KPMG LLP Patricia W. Pellervo PricewaterhouseCoopers LLP 3. The Consolidated Group: Continuation and Termination Issues Jeffrey L. Vogel Thomas F. Wessel KPMG LLP Jeffrey G. Davis Mayer Brown LLP 1-5

2 4. Intercompany Transaction Regulations: An Overview Outline Andrew J. Dubroff EY 5. The Regulations Governing Intercompany Transactions Within Consolidated Groups Intercompany Transaction Problems Comparison of the Intercompany Obligation Rules Under Former Treas. Reg (g) (1995), Former Prop. Treas. Reg (g) (1998), and Treas. Reg (g) (2008) Current Developments in Tax-Free and Taxable Acquisitions and Separations Current Developments in Tax-Free Corporate Reorganizations Program Attorney: Stacey L. Greenblatt 1-6

3 Prepared for distribution at the CONSOLIDATED TAX RETURN REGULATIONS 2016 Program New York City, February 22 23, 2016 CONTENTS: VOLUME TWO PROGRAM SCHEDULE Corporate Divisions Under Section The Section 355(d) Regulations: Narrowing the Scope of an Overly Broad Statute The Fourth Time s a Charm Temporary Section 355(e) Regulations Provide Helpful Guidance to Taxpayers Final Section 355(e) Plan Regulations The Final Chapter in the Saga Spin-Offs : The Anti-Morris Trust and Intragroup Spin Provisions Recent Developments in the Step Transaction Doctrine

4 16. The Pre-Reorganization Continuity of Interest Regulations Continuity of Interest and Continuity of Business Enterprise Regulations Assessing the Value of the Proposed No Net Value Regulations Gregory N. Kidder 19. Section Appendix Program Attorney: Stacey L. Greenblatt 2-6

5 Prepared for distribution at the CONSOLIDATED TAX RETURN REGULATIONS 2016 Program New York City, February 22 23, 2016 CONTENTS: VOLUME THREE PROGRAM SCHEDULE Section 338(h)(10) Appendix Section The Section 382 Consolidated Return Regulations Section 382: Fluctuation in Value Consolidated Attribute Reduction Regulations Linda Z. Swartz Cadwalader, Wickersham & Taft LLP Stuart L. Goldring Weil, Gotshal & Manges LLP 25. Life After the Final Regulations: Consolidated Section 382 and SRLY Stuart L. Goldring Weil, Gotshal & Manges LLP Program Attorney: Stacey L. Greenblatt 3-5

6 Prepared for distribution at the CONSOLIDATED TAX RETURN REGULATIONS 2016 Program New York City, February 22 23, 2016 CONTENTS: VOLUME FOUR PROGRAM SCHEDULE Acquisitions and Restructurings Involving Troubled Companies William Alexander Skadden, Arps, Slate, Meagher & Flom LLP Stuart J. Goldring Weil, Gotshal & Manges LLP Mark Hoffenberg Bernita Thigpen KMPG LLP Gregory N. Kidder 27. The Consolidated Unified Loss Rules Consolidated Return Issues for Buyers and Sellers in M&A Transactions Michael L. Schler Cravath, Swaine and Moore LLP 29. Section 384 of the Internal Revenue Code of

7 30. A New Form of Obscenity? Sorting through the Federal Circuit s We Know It When We See It Ruling in Coltec Gregory N. Kidder 31. The Future of Tax Planning? From Coltec and You Know It When You See It to Schering-Plough and Assimilation with Applicable Tax Laws Amanda P. Varma 32. Use of Limited Liability Companies in Corporate Transactions Investment Adjustments & Related Issues (PowerPoint slides) Krishna P. Vallabhaneni U.S. Department of the Treasury William S. Dixon Citigroup Global Markets, Inc. Joseph M. Pari KPMG LLP Patricia W. Pellervo PwC LLP 34. Group Continuation Rules/Continued Filing Requirement (PowerPoint slides) Thomas F. Wessel Jeffrrey L. Vogel KPMG LLP 4-6

8 35. Acquisition and Separation Issues in Consolidation (PowerPoint slides) Robert H. Wellen Internal Revenue Service Steptoe & Johnson LLLP Eric Solomon Karen Gilbreath Sowell Ernst & Young LLP INDEX Program Attorney: Stacey L. Greenblatt 4-7