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Affiliation, Reverse Acquisitions and Accounting Issues

Recorded on: Feb. 22, 2018
Running Time: 01:32:46

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Taken from the Web Program Consolidated Tax Return Regulations 2018 Recorded February 2018 in New York

Affiliation, Reverse Acquisitions and Accounting Issues [01:32:46]

The affiliation provisions of Section 1504 and the group continuation rules of Treas. Reg. Section 1.1502-75, including: review of the statutory requirements for affiliation, the application of the 80 percent voting power requirement, the decision in Alumax Inc. v. Comm'r., the effect of bankruptcy proceedings on affiliation, and the impact of the economic substance doctrine of Section 7701(o) on affiliation status; the application of Section 1504(a)(3) to a consolidated group and successor corporations
Gerald B. Fleming [Senior Technician Reviewer (Corporate, Branch 2), Internal Revenue Service], Dana L. Trier [Deputy Assistant Secretary, Department of the Treasury],  Kathleen L. Ferrell, Martin Huck, Thomas F. Wessel
The purchase price of this Web Program segment includes the following article from the Course Handbook available online:

  • The Consolidated Group: Continuation and Termination Issues
    Thomas F. Wessel, Jeffrey G. Davis, Jeffrey L. Vogel
  • Group Continuation Rules/Continued Filing Requirement (December 4, 2017) (PowerPoint slides)
    Thomas F. Wessel, Jeffrrey L. Vogel

Presentation Material

  • Group Continuation Rules/Continued Filing Requirement
    Thomas F. Wessel
  • Section 1504 Affiliation Issues
    Kathleen L. Ferrell
  • Section 1504(a)(3): 60-Month Prohibition on Rejoining Consolidated Group
    Martin Huck
(s)
Kathleen L Ferrell ~ Davis Polk & Wardwell LLP
Gerald B Fleming ~ Senior Technician Reviewer, Office of the Associate Chief Counsel (Corporate, Branch 2), Internal Revenue Service
Thomas F Wessel ~ KPMG LLP
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