Table of Contents

• Notice 2006-78
  • SECTION 1. PURPOSE
  • SECTION 2. BACKGROUND
  • SECTION 3. SCOPE OF NOTICE
  • SECTION 4. Credit Amount
• Notice 2006-84
• Notice 2006-85
  • SECTION 1. OVERVIEW
  • SECTION 2. TRANSACTIONS AT ISSUE
  • SECTION 3. BACKGROUND
    • .01 Triangular reorganizations
    • .02 Section 367
    • .03 Distributions of property
    • .04 Distributions involving foreign corporations or foreign shareholders
  • SECTION 4. APPLICATION OF SECTION 367(b)
  • SECTION 5. REGULATIONS TO BE ISSUED UNDER SECTION 367(b)
  • SECTION 6. EFFECTIVE DATE
  • SECTION 7. COMMENTS
  • SECTION 8. DRAFTING INFORMATION
• Notice 2006-86
  • PURPOSE
  • BACKGROUND
    • Definition of a qualifying child
    • “Tie-breaking” rule
    • Special rule for certain noncustodial parents
  • APPLICATION
  • EXAMPLES
  • EFFECTIVE DATE
  • DRAFTING INFORMATION