Chief Counsel Advice
AM-2006-001C.C.A. AM-2006-001: Cross-Border Financial Instruments; Hybrid Debt/Equity - Equity in the U.S.AM-2006-002C.C.A. AM-2006-002: Allocation under Sections 338 and 1060 to Assets in a Non-Qualified Nuclear Decommissioning Fund Purchased along with a Nuclear Power PlantAM-2006-003C.C.A. AM-2006-003: Allocation of Capitalizable Mixed Service Costs to Ineligible PropertyAM-2006-005C.C.A. AM-2006-005: Subchapter S Banks and the Special Bank RulesAM-2006-006C.C.A. AM-2006-006: Cost of Restoring Property after Casualty Loss DeductionAM-2007-001C.C.A. AM-2007-001: Qualification for FSC benefits and ETI ExclusionsAM-2007-002C.C.A. AM-2007-002: State Tax Credit TransfersAM-2007-003C.C.A. AM-2007-003: Construction Allowances for Short Term Leases of Retail Space Not Subject to Sec. 110AM-2007-004C.C.A. AM-2007-004: Variable Purchase Contracts and Share Lending AgreementsAM-2007-005C.C.A. AM-2007-005: Trusts Holding Interests in a PartnershipAM-2007-006C.C.A. AM-2007-006: Elections Under Section 338 With Respect to Foreign Corporate TargetsAM-2007-007C.C.A. AM-2007-007: Taxpayer Use of Section 482 and the Commensurate With Income StandardAM-2007-008C.C.A. AM-2007-008: Lease-In/Lease-Out ("LILO") and Sale-In/Lease-Out ("SILO") Exit StrategyAM-2007-009C.C.A. AM-2007-009: Application of Sections 1.461-4(d)(6)(ii) and 1.461-5 to Service ContractsAM-2007-010C.C.A. AM-2007-010: Deductibility of Administrative Expenses of BankruptcyAM-2007-011C.C.A. AM-2007-011: Auxiliary Power Units (APU)AM-2007-012C.C.A. AM-2007-012: FIN 48 & Tax Accrual WorkpapersAM-2007-013C.C.A. AM-2007-013: Exception to the Three-Year Requirement for Residences for Veterans Under Section 143(d)(2)(D)AM-2007-014C.C.A. AM-2007-014: Integration of Convertible Notes with HedgesAM-2007-015C.C.A. AM-2007-015: Section 162(f) and the Character of Relator Fees under the False Claims ActAM-2007-016C.C.A. AM-2007-016: Application of Notice 88-108 to Section 956(a)(1)AM-2007-017C.C.A. AM-2007-017: Applicability of Section 6695A Penalty to Estate & Gift AppraisalsAM-2008-001C.C.A. AM-2008-001: Dual Consolidated Losses: Reasonable Cause Requests Relating to Periods Where Assessment of Tax Under Section 6501(a) Is Not PermittedAM-2008-002C.C.A. AM-2008-002: Section 280C(c)(3) - Guidance on Reduced Credit for Increasing Research ActivitiesAM-2008-003C.C.A. AM-2008-003: Treatment of Certain Distributions in Complete Liquidation by a REITAM-2008-004C.C.A. AM-2008-004: Generic Legal Advice for Section 48AAM-2008-005C.C.A. AM-2008-005: Timing of Credit for Foreign Tax Withheld from WagesAM-2008-006C.C.A. AM-2008-006: Reporting Requirements Under Section 6038BAM-2008-007C.C.A. AM-2008-007: Dual Consolidated Losses: Application of the Exception to Foreign Use for Certain Interests in Partnerships or Grantor TrustsAM-2008-008C.C.A. AM-2008-008: Applicability of Section 943(c) and (h) to Certain TransactionsAM-2008-009C.C.A. AM-2008-009: UK Pension RolloversAM-2008-010C.C.A. AM-2008-010: Interaction of I.R.C. Section 965 and Rev. Proc. 99-32AM-2008-011C.C.A. AM-2008-011: Reporting of Wagering Gains and LossesAM-2008-012C.C.A. AM-2008-012: Application of Sec. 172(f) to Costs Included in Inventory Under Sec. 263AAM-2008-013C.C.A. AM-2008-013: Professional Gambler's Wagering Losses and Business ExpensesAM-2009-001C.C.A. AM-2009-001: Proper Method of Allocation and Apportionment of Prior Period Compensation Expense Deductions Under Treas. Reg. Sections 1.861-8 and 1.861-14, Temp. Treas. Reg. Sections 1.861-8T and 1.861-14T, and I.R.C. Section 199AM-2009-002C.C.A. AM-2009-002: Federal Agency Audit Program: Classification of Workers Performing Services Pursuant to Personal Services ContractsAM-2009-004C.C.A. AM-2009-004: Foreign Government Pension TrustsAM-2009-005C.C.A. AM-2009-005: U.S. Source Retainer Fees and Ranking and Placement Bonuses Derived by Professional Golf and Tennis Players from On-Court Endorsement ContractsAM-2009-006C.C.A. AM-2009-006: Application of Section 162(m) to Backdated and Misdated Stock OptionsAM-2009-007C.C.A. AM-2009-007: Exemption for Lignite from the Black Lung Excise Tax when Extracted with Other Ranks of CoalAM-2009-008C.C.A. AM-2009-008: Effect of Hedging on Percentage Depletion ComputationAM-2009-009C.C.A. AM-2009-009: Computation of Qualified Production Activities Income under Sec. 199(c) and the Exclusion of Certain Items of Gross Income under Sec. 114 and Section 101(d) of the American Jobs Creation Act of 2004AM-2009-010C.C.A. AM-2009-010: Lending in the United States by Foreign Person Giving Rise to Effectively Connected IncomeAM-2009-011C.C.A. AM-2009-011: Dual Consolidated Losses: Definition of Foreign Use and Application of ExceptionsAM-2009-012C.C.A. AM-2009-012: Entity Classification of Liechtenstein Anstalts and StiftungsAM-2009-013C.C.A. AM-2009-013: Application of Notice 2008-91 to Section 956(a)(1)AM-2009-014C.C.A. AM-2009-014: Tribal Economic Development Bonds Under Sec. 7871(f) and Build America BondsAM-2009-015C.C.A. AM-2009-015: Treas. Reg. Sec. 1.882.5 - Guidance on Interest Rate for Excess U.S.-Connected LiabilitiesAM-2010-001C.C.A. AM-2010-001: Black Liquor; Calculating the ClaimAM-2010-002C.C.A. AM-2010-002: Cellulosic Biofuel and "Black Liquor" ProducersAM-2010-003C.C.A. AM-2010-003: Tribal Economic Development Bonds Under Sec. 7871(f)AM-2010-004C.C.A. AM-2010-004: Cellulosic Biofuel ClaimsAM-2010-005C.C.A. AM-2010-005: Hedge Fund Basket Option ContractsAM-2010-006C.C.A. AM-2010-006: Depositary Receipts ProgramsAM-2010-007C.C.A. AM-2010-007: Section 179D Deduction and Certain Partnerships and S CorporationsAM-2011-001C.C.A. AM-2011-001: U.S. Residency Status of PRI A-2 Visa HoldersAM-2011-002C.C.A. AM-2011-002: Dual Consolidated Losses: Application of SRLY RulesAM-2011-003C.C.A. AM-2011-003: Treatment of Check-the-Box Election by a Corporation to be Classified as a PartnershipAM-2011-004C.C.A. AM-2011-004: Excessive Payments Received under ARRA Section 1603AM-2012-001C.C.A. AM-2012-001: Split Eligible Entity InterestsAM-2012-002C.C.A. AM-2012-002: Application of Income Tax Treaties to Lawful Permanent Resident Employees of Foreign GovernmentsAM-2012-003C.C.A. AM-2012-003: Worthless Stock Loss on Consolidated Group Subsidiary StockAM-2012-004C.C.A. AM-2012-004: Dissolution of California Redevelopment AgenciesAM-2012-005C.C.A. AM-2012-005: Use of Proceeds of Build America BondsAM-2012-007C.C.A. AM-2012-007: Whether a parent corporation is the tax owner of a subsidiary’s stockAM-2012-008C.C.A. AM-2012-008: Electronic Filing of Form W-8AM-2012-009C.C.A. AM-2012-009: Securities Lending Transactions Used to Avoid Withholding TaxAM-2012-010C.C.A. AM-2012-010: Allocation of Certain Items Under Treas. Reg. Section 1.1502-76(b)(1)(ii)AM-2013-001C.C.A. AM-2013-001: Treatment of Other Real Estate Owned under § 263AAM-2013-002C.C.A. AM-2013-002: Section 4375-77 Excise Tax on Certain Insurance PoliciesAM-2013-003C.C.A. AM-2013-003: Depositary Receipts ProgramsAM-2013-004C.C.A. AM-2013-004: Net Operating Loss Carryback under section 172(b)(1)(H)AM-2013-005C.C.A. AM-2013-005: Tonnage Tax – Section 1352 et seq.AM-2013-006C.C.A. AM-2013-006: Sections 302, 312 and 902(c)AM-2014-001C.C.A. AM-2014-001: Co-operative Advertising and Section 199AM-2014-002C.C.A. AM-2014-002: Consequences of an invalid Section 953(d) ElectionAM-2014-003C.C.A. AM-2014-003: Debt and Qualified Nonrecourse FinancingAM-2014-004C.C.A. AM-2014-004: Auto Dealers Facility Upgrade ProgramsAM-2014-005C.C.A. AM-2014-005: On Behalf of Issuers of Tribal Economic Development BondsAM-2014-006C.C.A. AM-2014-006: Legal Fees Incurred by Drug Manufacturers Under the Hatch-Waxman ActAM-2014-007C.C.A. AM-2014-007: Special Deduction under Section 833(b)AM-2014-008C.C.A. AM-2014-008: Treatment of Computer Software Applications Used to Access Online Services under section 199AM-2014-009C.C.A. AM-2014-009: Taxable direct pay Build America Bonds (BABs)AM-2015-001C.C.A. AM-2015-001: Earnings and Profits Consequences of Section 951(a) Income InclusionsAM-2015-002C.C.A. AM-2015-002: Application of section 954(d)(2): Determinations of effective rates of tax under the tax rate disparity testAM-2015-003C.C.A. AM-2015-003: Requirements to link partners during a partnership-level examination and the issuance of noticesAM-2015-004C.C.A. AM-2015-004: Powers of Attorney in Partnership Level ProceedingsAM-2015-005C.C.A. AM-2015-005: International Data Exchange Service (IDES)AM-2016-001C.C.A. AM-2016-001: Nonrecourse Carve-OutAM-2016-002C.C.A. AM-2016-002: Application of Automatic Change Procedure for Unearned PremiumsAM-2016-003C.C.A. AM-2016-003: Section 457A nonqualified entityAM-2016-004C.C.A. AM-2016-004: OECD Common Transmission System (CTS)AM-2017-001C.C.A. AM-2017-001: Section 3121(v)(2) and Closing AgreementsAM-2017-002C.C.A. AM-2017-002: Tax Treatment of Hybrid CouponsAM-2017-003C.C.A. AM-2017-003: Timing Issues Related to Payroll Tax Credit for Increasing Research ActivitiesAM-2017-004C.C.A. AM-2017-004: Identity Theft Disclosure Issues under I.R.C.§ 6103AM-2017-005C.C.A. AM-2017-005: Effect of Short Taxable Years on Gain Recognition AgreementsAM-2018-001C.C.A. AM-2018-001: Clarification of Revenue Procedure 2017-47AM-2018-002C.C.A. AM-2018-002: Refined Coal PartnershipsAM-2018-003C.C.A. AM-2018-003: Multiple RAB Shares & Subsequent PCTsAM-2018-004C.C.A. AM-2018-004: Determining Substantial Noncompensatory Business ReasonAM-2018-005C.C.A. AM-2018-005: Deduction for Energy Efficient Commercial Building PropertyAM-2019-001C.C.A. AM-2019-001: Availability of section 952(c)(1)(B)(vii)(I) Election for Insurance incomeAM-2019-002C.C.A. AM-2019-002: Qualified Plan Adoption RequirementsAM-2019-003C.C.A. AM-2019-003: Employee Stock Ownership Plan (ESOP) Price Protection AgreementsAM-2020-001C.C.A. AM-2020-001: Section 170(h) and Conservation Easement Deed Amendment ClausesAM-2020-002C.C.A. AM-2020-002: Late Filing of Form 3115 Duplicate CopyAM-2020-003C.C.A. AM-2020-003: Treatment of Cost Facilitative of initial Public OfferingAM-2020-004C.C.A. AM-2020-004: Timing of Income Inclusion and Application of Federal Insurance Contribution Act (FICA) taxes and Federal Income Tax Withholding for Stock-Settled AwardsAM-2020-005C.C.A. AM-2020-005: Holding Period following Certain 351 TransactionsAM-2020-006C.C.A. AM-2020-006: Charitable Remainder Annuity Trust StructureAM-2020-007C.C.A. AM-2020-007: Section 199 Request for Legal AdviceAM-2020-008C.C.A. AM-2020-008: Application of section 512(a)(6) to post-2017 net operating losses carried back to pre-2018 yearsAM-2020-009C.C.A. AM-2020-009: Daily Fantasy Sports and the Excise Taxes on WageringAM-2021-001C.C.A. AM-2021-001: Section 170(h)(4)(B)(i) and Installation of an Accessibility Ramp Required by the Americans With Disabilities ActAM-2021-002C.C.A. AM-2021-002: Federal Tax Classification of Certain Foreign EntitiesAM-2021-003C.C.A. AM-2021-003: Application of Section 7611 to Letter 226-JAM-2021-004C.C.A. AM-2021-004: Section 482 Adjustments for Cost Sharing Agreements with Reverse Claw-Back ProvisionsAM-2022-001C.C.A. AM-2022-001: Allocation and Apportionment of Deferred Compensation Expense for Purposes of Calculating Section 250 Foreign-Derived Intangible IncomeAM-2022-002C.C.A. AM-2022-002: Best Practices for Reviewing a Multi-Year Section 332 LiquidationAM-2022-003C.C.A. AM-2022-003: Advance Payments of Annual Section 367(d) InclusionsAM-2022-004C.C.A. AM-2022-004: Active trade or business requirement under Treas. Reg. § 1.367(a)-3(c)(3)(i)(A)AM-2022-005C.C.A. AM-2022-005: Treaty benefits with respect to distributions and gains with respect to stock of a Domestic International Sales Corporation (DISC)AM-2022-006C.C.A. AM-2022-006: Realistic Alternatives and Tax Considerations in the Application of Sections 482 and 367(d)AM-2022-007C.C.A. AM-2022-007: Payment of legal fees to a third partyAM-2023-001C.C.A. AM-2023-001: Depositary Receipts ProgramsAM-2023-002C.C.A. AM-2023-002: Timing of Basis Increases under Section 961(a) for Purposes of Midyear PTEP DistributionsAM-2023-003C.C.A. AM-2023-003: Application of Exception under section 897(c)(3) to Stock Held by PartnershipsAM-2023-004C.C.A. AM-2023-004: Whether Operation of an NIL Collective Furthers an Exempt Purpose Under Section 501(c)(3)AM-2023-005C.C.A. AM-2023-005: Whether an Employer Experienced a Full or Partial Suspension of the Operation of a Trade or Business under Section 2301 of the Coronavirus Aid, Relief, and Economic Security Act or Section 3134 of the Internal Revenue Code due to a Supply Chain DisruptionAM-2023-006C.C.A. AM-2023-006: Non-grantor, irrevocable, complex, discretionary, spendthrift trustAM-2023-007C.C.A. AM-2023-007: Whether an Employer Experienced a Full or Partial Suspension of The Operation of a Trade or Business under Section 2301 of the Coronavirus Aid, Relief, and Economic Security Act or Section 3134 of the Internal Revenue Code Due to Communications from the Occupational Safety and Health AdministrationAM-2023-008C.C.A. AM-2023-008: Effect of Group Membership on Financial Transactions under Section 482 and Treas. Reg. § 1.482-2(a)AM-2024-001C.C.A. AM-2024-001: Liability of Certain Third-Party Payers for an Underpayment of Certain Employment Taxes Resulting from Improperly Claimed Employment Tax CreditsAM-2024-002C.C.A. AM-2024-002: How the taxable income limitation in section 246(b) applies to limit the deductions under sections 243, 245, and 250.AM-2024-003C.C.A. AM-2024-003: Deductibility of Federal Deposit Insurance Corporation (FDIC) Special AssessmentsAM-2024-004C.C.A. AM-2024-004: Income tax consequences of acquiring of carbon offset credits from a governmentAM-2024-005C.C.A. AM-2024-005: Source of Gain under Section 937 from Certain Dispositions of Stock.AM-2025-001C.C.A. AM-2025-001: Periodic Adjustments and the Arm’s Length StandAM-2025-002C.C.A. AM-2025-002: Application of Treaties to Branch Profits Tax of Certain Hybrid EntitiesAM-2026-001C.C.A. AM-2026-001: Section 4960 Excise Tax Refund Claims