Andrew Mitchel LLC

International Tax Blog - New and Interesting International Tax Issues


Situational Charts Published in 2023

2023-12-22

During 2023 we published 35 new charts. Below are links to the 35 new charts.

  1. Rev. Rul. 74-613  (Transfer of an Installment Note to a Grantor Trust Was Not a Disposition)
  2. Notice 2023-80 §2.02(6)(a), Example 1  (IIR That is a Foreign Income Tax)
  3. Notice 2023-80 §2.02(6)(b), Example 2  (IIR With Both A Majority & A Minority U.S. Shareholder)
  4. Notice 2023-80 §2.02(6)(c), Example 3  (QDMTT That Is Not A Final Top-Up Tax)
  5. Notice 2023-80 §2.04(5)(a), Example 1  (QDMTT Imposed On Two Persons)
  6. Notice 2023-80 §2.04(5)(b), Example 2  (QDMTT Imposed On Two Persons - Effect of SBIE)
  7. Notice 2023-80 §2.04(5)(c), Example 3  (QDMTT Imposed On Three Persons (One With a Loss))
  8. Notice 2023-80 §2.04(5)(d), Example 4  (QDMTT Imposed On Two Persons (Negative Tax On One))
  9. Prop. Reg. 1.367(d)-1(f)(6)(ii)(A), Example 1  (Repatriation of Intangibles Via Section 332 Liquidation)
  10. Reg. 1.701-2(d), Example 1  (Avoidance of Entity-Level Tax)
  11. Reg. 1.701-2(d), Example 2  (Avoidance of S Corp Shareholder Requirements)
  12. Reg. 1.701-2(d), Example 4  (Avoidance of Gain Recognition Under Sections 351(e) and 357(c))
  13. Reg. 1.736-1(b)(7), Example 1  (Retiring Partner, Fixed Amount, No Payment for Goodwill)
  14. Reg. 1.736-1(b)(7), Example 2  (Retiring Partner, Variable Amount, No Payment for Goodwill)
  15. Reg. 1.736-1(b)(7), Example 3  (Retiring Partner, Fixed Amount, & Payment for Goodwill)
  16. Reg. 1.736-1(b)(7), Example 4  (Retiring Partner, Fixed Amount, No Payment for Goodwill, 1245 Property)
  17. Reg. 1.861-13(a)(1)(i)(A)  (Ten Statutory Groupings for Characterizing CFC Stock)
  18. Reg. 1.861-13(c)(1), Example 1  (Characterization of CFC Stock: Asset Method With Two CFCs)
  19. Reg. 1.861-13(c)(2), Example 2  (Characterization of CFC Stock: Asset Method With One CFC & One 10/50 Corporation)
  20. Reg. 1.861-13(c)(3), Example 3  (Characterization of CFC Stock: Modified Gross Income Method With Two CFCs)
  21. Reg. 1.901-1(c)(4), Example  (Foreign Tax Paid in a Credit Year But Relates to a Prior Deduction Year)
  22. Reg. 1.951A-2(c)(4)(iv)(A), Example 1  (E&P Limit for Sub F Due To FOGEI Loss, With Later Tested Income Plus Sub F Recapture)
  23. Reg. 1.951A-2(c)(4)(iv)(B), Example 2  (Impact of De Minimis & Full Inclusion Rules On Gross Tested Income)
  24. Reg. 1.951A-2(c)(4)(iv)(C), Example 3  (Impact of Full Inclusion, High Tax Exception, & Sub F Recapture On Tested Income)
  25. Reg. 1.951A-2(c)(8)(iii)(D), Example 4  (A CFC With Two DREs and One Foreign Branch Has Two Tested Units)
  26. Reg. 1.951A-2(c)(8)(iii)(D), Example 4, Alternative Facts 1  (A CFC With Activities, But Not a Taxable Branch, In a Foreign Country)
  27. Reg. 1.951A-2(c)(8)(iii)(D), Example 4, Alternative Facts 2  (A CFC With Exempted Activities, But Not a Taxable Branch, In a Foreign Country)
  28. Reg. 1.951A-2(c)(8)(iii)(D), Example 4, Alternative Facts 3  (Tested Units With CFCs As Partners In A Partnership)
  29. Reg. 1.951A-2(c)(8)(iii)(D), Example 4, Alternative Facts 4  (Tested Units With CFCs As Partners In A Partnership (A Split Transparent Interest))
  30. Reg. 1.951A-2(c)(8)(iii)(E), Example 5  (CFC Group: CFC Has Nov. 30 Year End and Sale Is On Dec. 15th)
  31. Reg. 1.1295-1(d)(2)(i), Example  (Who Makes QEF Elections When Partnerships Own PFICs?)
  32. AM 2023-003, Situation 1  (Partnership Treated As Entity Under 897(c)(3))
  33. AM 2023-003, Situation 2  (Attribution Through A Partnership Pushes Ownership Above 5%)
  34. PLR 202335001  (Inbound F Reorganization of 367(d) Intangibles)
  35. A Tangled Web of Terms

Several charts were also updated in 2023. The list above does not include the updated charts.

Tags: Charts - Situational Charts