Alliance for Tax, Legal, and Accounting Seminars
& Structured Finance Institute

Day One

8:00AM           Registration and Continental Breakfast

9:00AM           Chairperson’s Introduction And Overview

• The “bite at the apple” theory.

9:30AM           Overview Of Sub C Reorg Rules

• Reviews of tax-free reorganizations, sections 368, 332, 355.
• Structuring tax-free asset and stock transactions. 

10:30AM         BREAK

10:45AM         Continue Overview of Sub C Rules

• New developments in tax-free reorganizations.

11:30PM         Lunch

12:30AM         Section 367, Generally

• Survey review of sections 367(a), 367(b), 367(d) and 367(e).
• Interplay between sections 367 and 1248.
• Impact of section 367 on tax-free reorganizations.

1:30Pm            FAS 141 R

• Covering the long awaited guidance on accounting for business combinations
• Review of the basic GAAP provisions                                         .

2:30 PM          Refreshments

2:45 PM          Section 367(D)

• Intangible asset transfers.
• Interplay between section 367(d) and outbound transfers of IP.
• IP holding company planning.

3:45 PM          Section 355 And Section 367(E)

• Tax-free spin-offs, split-offs, and split-ups.
• Impact of section 367(e) on section 355 transactions.
• Unique planning opportunities under section 355.

4:45PM           Questions & Answers

5:00 PM          Meeting Adjourned

Day Two

7:30 AM          Breakfast

8:30 AM          New Cross-Border Merger Regulations

• Changes in new regulations issued under §368(a)(1)(A).
• Changes in new regulations issued under §367.

10:00 AM        Refreshment Break

10:15 AM        Section 304

• Taxable reorganizations under section 304.
• Section 304 planning opportunities.

11:15 PM        Taxable Acquisitions & Dispositions Of Foreign Corporations

• Subpart F Issues.
• Section 338.
• Foreign Tax Credit Consequences of Taxable Stock and Asset Acquisitions.

12:15 PM        Lunch

1:15 PM          Other Considerations In Cross-Border M&A

• Acquisitions under Section 338; when to make a section 338 election.
• Impact of Section 1248 when acquiring or disposing of a foreign corporation.
• Formation of domestic and foreign joint ventures.
• Tax due diligence considerations

2:15 PM          M&A Washington Update Roundtable

• General observations of trends for 2007.
• IRS Agenda items for 2007.
• The increased use of S corporations in cross-border M&A.
• The growing trend toward “substance.”

3:30 PM          Conference Concludes