Source: https://www.bna.com/C-Corporation-Attribution-Rules-p7690/
Timestamp: 2017-09-24 22:53:21
Document Index: 664350312

Matched Legal Cases: ['§ 267', '§ 318', '§ 318', '§ 318', '§ 304', '§ 304', '§ 303', '§ 304', '§ 302', '§ 304', '§ 306', '§ 318', '§ 544', '§ 554', '§ 958', '§ 1298', '§ 1563', '§ 318', '§ 318', '§ 318', '§ 318', '§ 318', '§ 318', '§ 318']

The Attribution Rules (Portfolio 554) | Bloomberg BNA
II. The Constructive Ownership Rules of § 267
III. Constructive Stock Ownership Rules of § 318
A. Categories of Relationship in § 318
1. Attribution Between Family Members
2. Attribution Between a Partnership and Partners
a. Attribution from Partnership to Partners
b. Attribution from Partner to Partnership
c. S Corporation Treated as a Partnership
3. Attribution Between Estates and Beneficiaries
a. Attribution from Estate to Beneficiary
b. Attribution from Beneficiary to Estate
c. Planning to Prevent Attribution
4. Attribution Between Trust and Beneficiaries
a. Attribution from Trust to Beneficiary
b. Attribution from Beneficiary to Trust
(1) Grantor Trust Rules
(2) Employees' Trust
5. Attribution Between Corporations and Shareholders
a. Attribution from Corporation to Shareholder
b. Attribution from Shareholder to Corporation
c. Attribution Between S Corporations and Shareholders
6. Options to Acquire Stock and to Acquire Options
a. Definition of an Option
b. Stock Option Rule
c. Option to Acquire Stock Option
d. Series of Options
e. Convertible Debentures
f. Restrictions on Options
g. Scope of Option Rules
h. Option Rule Supersedes Family Member Attribution Rule
7. Re-attribution
b. Limitations on Re-attribution
(1) No Double Inclusion
(2) No Family Re-attribution
(3) No "Sidewise" Attribution
8. Direct or Indirect Ownership
B. Transactions to Which § 318 Applies
1. Section 302 - Distributions in Redemption of Stock
a. Substantially Disproportionate Distributions
b. Termination of Shareholder's Interest
(2) Special Rule Permitting Waiver of Family Attribution
(3) Waiver of Family Attribution and Redemption from an Entity: Prior Law
(4) Waiver of Family Attribution and Redemption from an Entity: Present Law
c. Redemptions Not Equivalent to a Dividend
2. Section 304 - Redemption Through Use of Related Corporations
a. Acquisitions by Related Corporations Other Than a Subsidiary Under § 304(a)(1)
b. Acquisition by a Subsidiary of Its Parent's Stock Under § 304(a)(2)
d. Application of § 303 to a § 304 Transaction
e. Application of § 302 to a § 304 Transaction
3. Section 306 - Disposition of Preferred Stock
a. Complete Termination of Interest by Redemption
b. Complete Termination of Interest by Dispositions Other Than Redemptions
c. Definition of § 306 Stock
4. Section 338 - "Purchase" of Controlled Corporations
5. Section 382 - Special Limitations on Net Operating Loss Carryovers
(1) Ownership Change
(a) Owner Shift Involving a 5% Shareholder
(b) Equity Structure Shift
6. Section 856 - Real Estate Investment Trusts (REITs)
a. Amounts Received from a Person in Which a REIT Owns an Interest
b. Amounts Received from Persons to Whom a REIT Renders Services, Other Than Through Independent Contractors
7. Section 356(a)(2) - Boot Dividends in Reorganizations
8. Section 6038 - Information with Respect to Foreign Corporations and Partnerships
9. Transactions to Which § 318 Is Not Applicable
IV. The Personal Holding Company Rules (§ 544)
B. Stock Held by a Corporation, Partnership, Estate, or Trust
C. Constructive Ownership by Reason of Family or by Partnership
F. Attribution Rules Applied Only Against Taxpayer
G. Re-attribution
1. Situations in Which There Is Re-attribution
2. Situations in Which There Is No Re-attribution
V. The Foreign Personal Holding Company Rules (Former § 554)
B. Statutory Attribution Scheme
1. Rule 1: Entity Attribution
a. Attribution from Corporations
b. Attribution from Partnerships
c. Attribution from Trusts
d. Attribution from Estates
2. Rule 2: Family and Partnership Attribution
a. Attribution from Family Members
b. Attribution from Partner
3. Rule 3: Option Ownership
4. Re-attribution of Constructively-Owned Stock
5. Overlapping Option Ownership and Family Attribution
6. Convertible Securities
VI. The Subpart F Rules (§ 958)
C. Partnerships and Estates
G. Coordination of Attribution Rules
VII. The Passive Foreign Investment Company ("PFIC") (§ 1298)
C. Partnerships, Estates, or Trusts
D. Option Rule
E. Successive Application
VIII. The Controlled Group Rules (§ 1563)
A. Attribution Through Options
C. Attribution from Estates or Trusts
D. Attribution from Corporations
E. Attribution from Spouses
F. Attribution from Children, Grandchildren, Parents, and Grandparents
G. Operating Rules and Special Rules
1. Stock Owned by (Attributed to) Two or More Persons
2. Option Versus Other Forms of Constructive Ownership
Worksheet 1 Section 267 Reference Chart (not Comprehensive)
Worksheet 2 Attribution Between Family Members Under § 318
Worksheet 3 Attribution Between Partnerships and Partners Under § 318
Worksheet 4 Attribution Between Estates and Beneficiaries Under § 318
Worksheet 5 Attribution Between Trusts and Beneficiaries Under § 318
Worksheet 6 Attribution Between Corporations and Shareholders Under § 318
Worksheet 7 Options to Acquire Stock and to Acquire Options Under § 318
Worksheet 8 Reattribution Under § 318
Worksheet 9 Comparison of Major Attribution Rules
Worksheet 10 Attribution Between Family Members
Worksheet 11 Attribution Between Partners and Partnerships
Worksheet 12 Attribution Between Estates and Beneficiaries
Worksheet 13 Attribution Between Trusts and Beneficiaries
Worksheet 14 Attribution Between Corporations and Shareholders
Worksheet 15 Attribution Between Corporations and Holders of Stock Options
Worksheet 16 Reattribution