These documents are legal advice, signed by executives in the National Office of the Office of Chief Counsel and issued to Internal Revenue Service personnel who are national program executives and managers. They are issued to assist Service personnel in administering their programs by providing authoritative legal opinions on certain matters, such as industry-wide issues. See CCDM 33.1.2, Chief Counsel's Legal Advice Program. Note: These documents cannot be used or cited as precedent. Number Release Date Subject AM-2023-003PDF 5/19/2023 Application of Exception under section 897(c)(3) to Stock Held by Partnerships AM-2023-002PDF 3/10/2023 Timing of Basis Increases under Section 961(a) for Purposes of Midyear PTEP Distributions AM-2023-001PDF 2/24/2023 Depositary Receipts Programs AM-2022-007PDF 12/16/2022 Payment of legal fees to a third party AM-2022-006PDF 11/18/2022 Realistic Alternatives and Tax Considerations in the Application of Sections 482 and 367(d) AM-2022-005PDF 11/18/2022 Treaty benefits with respect to distributions and gains with respect to stock of a Domestic International Sales Corporation (DISC) AM-2022-004PDF 11/4/2022 Active trade or business requirement under Treas. Reg. § 1.367(a)-3(c)(3)(i)(A) AM-2022-003PDF 9/23/2022 Advance Payments of Annual Section 367(d) Inclusions AM-2022-002PDF 9/2/2022 Best Practices for Reviewing a Multi-Year Section 332 Liquidation AM-2022-001PDF 5/6/2022 Allocation and Apportionment of Deferred Compensation Expense for Purposes of Calculating Section 250 Foreign-Derived Intangible Income AM-2021-004PDF 7/15/2021 Section 482 Adjustments for Cost Sharing Agreements with Reverse Claw-Back Provisions AM-2021-003PDF 6/18/2021 Application of Section 7611 to Letter 226-J AM-2021-002PDF 4/2/2021 Federal Tax Classification of Certain Foreign Entities AM-2021-001 PDF 3/12/2021 Section 170(h)(4)(B)(i) and Installation of an Accessibility Ramp Required by the Americans With Disabilities Act AM-2020-009PDF 8/7/2020 Daily Fantasy Sports and the Excise Taxes on Wagering AM-2020-008PDF 7/10/2020 Application of section 512(a)(6) to post-2017 net operating losses carried back to pre-2018 years AM-2020-007PDF 7/10/2020 Section 199 Request for Legal Advice AM-2020-006PDF 6/26/2020 Charitable Remainder Annuity Trust Structure AM-2020-005PDF 5/29/2020 Holding Period following Certain 351 Transactions AM-2020-004PDF 5/22/2020 Timing of Income Inclusion and Application of Federal Insurance Contribution Act (FICA) taxes and Federal Income Tax Withholding for Stock-Settled Awards AM-2020-003PDF 5/15/2020 Treatment of Cost Facilitative of initial Public Offering AM-2020-002PDF 4/10/2020 Late Filing of Form 3115 Duplicate Copy AM-2020-001PDF 3/27/2020 Section 170(h) and Conservation Easement Deed Amendment Clauses AM-2019-003PDF 12/20/2019 Employee Stock Ownership Plan (ESOP) Price Protection Agreements AM-2019-002PDF 12/13/2019 Qualified Plan Adoption Requirements AM-2019-001PDF 10/4/2019 Availability of section 952(c)(1)(B)(vii)(I) Election for Insurance income AM-2018-005PDF 12/7/2018 Deduction for Energy Efficient Commercial Building Property AM-2018-004PDF 11/23/2018 Determining Substantial Noncompensatory Business Reason AM-2018-003PDF 8/3/2018 Multiple RAB Shares & Subsequent PCTs AM-2018-002PDF 3/9/2018 Refined Coal Partnerships AM-2018-001PDF 2/23/2018 Clarification of Revenue Procedure 2017-47 AM-2017-005PDF 11/22/2017 Effect of Short Taxable Years on Gain Recognition Agreements AM-2017-004PDF 8/25/2017 Identity Theft Disclosure Issues under I.R.C.§ 6103 AM-2017-003PDF 8/3/2017 Timing Issues Related to Payroll Tax Credit for Increasing Research Activities AM-2017-002PDF 1/27/2017 Tax Treatment of Hybrid Coupons AM-2017-001PDF 1/13/2017 Section 3121(v)(2) and Closing Agreements AM-2016-004PDF 10/14/2016 OECD Common Transmission System (CTS) AM-2016-003PDF 8/12/2016 Section 457A nonqualified entity AM-2016-002PDF 4/22/2016 Application of Automatic Change Procedure for Unearned Premiums AM-2016-001PDF 4/15/2016 Nonrecourse Carve-Out AM-2015-005PDF 7/17/2015 International Data Exchange Service (IDES) AM-2015-004PDF 4/03/2015 Powers of Attorney in Partnership Level Proceedings AM-2015-003PDF 2/27/2015 Requirements to link partners during a partnership-level examination and the issuance of notices AM-2015-002PDF 2/13/2015 Application of section 954(d)(2): Determinations of effective rates of tax under the tax rate disparity test AM-2015-001PDF 2/13/2015 Earnings and Profits Consequences of Section 951(a) Income Inclusions AM-2014-009PDF 12/19/2014 Taxable direct pay Build America Bonds (BABs) AM-2014 008PDF 12/05/2014 Treatment of Computer Software Applications Used to Access Online Services under section 199 AM-2014-007PDF 10/31/2014 Special Deduction under Section 833(b) AM-2014-006PDF 09/12/2014 Legal Fees Incurred by Drug Manufacturers Under the Hatch-Waxman Act AM-2014-005PDF 06/13/2014 On Behalf of Issuers of Tribal Economic Development Bonds AM-2014-004PDF 05/09/2014 Auto Dealers Facility Upgrade Programs AM-2014-003PDF 04/04/2014 Debt and Qualified Nonrecourse Financing AM-2014-002PDF 03/07/2014 Consequences of an invalid Section 953(d) Election AM 2014-001PDF 01/10/2014 Co-operative Advertising and Section 199 AM 2013-006PDF 10/25/2013 Sections 302, 312 and 902(c) AM 2013-005PDF 09/27/2013 Tonnage Tax – Section 1352 et seq. AM 2013-004PDF 08/02/2013 Net Operating Loss Carryback under section 172(b)(1)(H) AM 2013-003PDF 07/12/2013 Depositary Receipts Programs AM 2013-002PDF 06/07/2013 Section 4375-77 Excise Tax on Certain Insurance Policies AM 2013-001PDF 03/01/2013 Treatment of Other Real Estate Owned under § 263A AM 2012-010PDF 11/30/2012 Allocation of Certain Items Under Treas. Reg. Section 1.1502-76(b)(1)(ii) AM 2012-009PDF 11/16/2012 Securities Lending Transactions Used to Avoid Withholding Tax AM 2012-008PDF 08/17/2012 Electronic Filing of Form W-8 AM 2012-007PDF 07/27/2012 Whether a parent corporation is the tax owner of a subsidiary’s stock AM 2012-006PDF 07/27/2012 Application of Consolidated Return Rules to a Worthless Stock Deduction AM 2012-005PDF 06/22/2012 Use of Proceeds of Build America Bonds AM 2012-004PDF 06/01/2012 Dissolution of California Redevelopment Agencies AM 2012-003PDF 05/04/2012 Worthless Stock Loss on Consolidated Group Subsidiary Stock AM 2012-002PDF 04/27/2012 Application of Income Tax Treaties to Lawful Permanent Resident Employees of Foreign Governments AM 2012-001PDF 02/17/2012 Split Eligible Entity Interests AM 2011-004PDF 09/30/2011 Excessive Payments Received under ARRA Section 1603 AM 2011-003PDF 08/26/2011 Treatment of Check-the-Box Election by a Corporation to be Classified as a Partnership AM 2011-002PDF 08/05/2011 Dual Consolidated Losses: Application of SRLY Rules AM 2011-001PDF 02/25/2011 U.S. Residency Status of PRI A-2 Visa Holders AM 2010-007PDF 12/23/2010 Section 179D Deduction and Certain Partnerships and S Corporations AM 2010-006PDF 12/17/2010 Depositary Receipts Programs AM 2010-005PDF 11/12/2010 Hedge Fund Basket Option Contracts AM 2010-004PDF 10/15/2010 Cellulosic Biofuel Claims AM 2010-003PDF 07/16/2010 Tribal Economic Development Bonds Under Sec. 7871(f) AM 2010-002PDF 07/09/2010 Cellulosic Biofuel and "Black Liquor" Producers AM 2010-001PDF 03/12/2010 Black Liquor; Calculating the Claim AM 2009-015PDF 11/06/2009 Treas. Reg. Sec. 1.882.5 - Guidance on Interest Rate for Excess U.S.-Connected Liabilities AM 2009-014PDF 10/30/2009 Tribal Economic Development Bonds Under Sec. 7871(f) and Build America Bonds AM 2009-013PDF 10/23/2009 Application of Notice 2008-91 to Section 956(a)(1) AM 2009-012PDF 10/16/2009 Entity Classification of Liechtenstein Anstalts and Stiftungs AM 2009-011PDF 10/09/2009 Dual Consolidated Losses: Definition of Foreign Use and Application of Exceptions AM 2009-010PDF 10/02/2009 Lending in the United States by Foreign Person Giving Rise to Effectively Connected Income AM 2009-009PDF 09/18/2009 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 2004 AM 2009-008PDF 08/28/2009 Effect of Hedging on Percentage Depletion Computation AM 2009-007PDF 08/21/2009 Exemption for Lignite from the Black Lung Excise Tax when Extracted with Other Ranks of Coal AM 2009-006PDF 07/17/2009 Application of Section 162(m) to Backdated and Misdated Stock Options AM 2009-005PDF 07/06/2009 U.S. Source Retainer Fees and Ranking and Placement Bonuses Derived by Professional Golf and Tennis Players from On-Court Endorsement Contracts AM 2009-004PDF 02/13/2009 Foreign Government Pension Trusts AM 2009-003PDF 02/13/2009 Application of Foreign Earned Income Exclusion and the Combat Zone Exclusion to Civilian Contractors Working in Combat Zones AM 2009-002PDF 02/06/2009 Federal Agency Audit Program: Classification of Workers Performing Services Pursuant to Personal Services Contracts AM 2009-001PDF 01/09/2009 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 199 AM 2008-013PDF 12/19/2008 Professional Gambler's Wagering Losses and Business Expenses AM 2008-012PDF 12/19/2008 Application of Sec. 172(f) to Costs Included in Inventory Under Sec. 263A AM 2008-011PDF 12/12/2008 Reporting of Wagering Gains and Losses AM 2008-010PDF 09/12/2008 Interaction of I.R.C. Section 965 and Rev. Proc. 99-32 AM 2008-009PDF 08/29/2008 UK Pension Rollovers AM 2008-008PDF 07/11/2008 Applicability of Section 943(c) and (h) to Certain Transactions AM 2008-007PDF 07/04/2008 Dual Consolidated Losses: Application of the Exception to Foreign Use for Certain Interests in Partnerships or Grantor Trusts AM 2008-006PDF 05/30/2008 Reporting Requirements Under Section 6038B AM 2008-005PDF 05/16/2008 Timing of Credit for Foreign Tax Withheld from Wages AM 2008-004PDF 03/28/2008 Generic Legal Advice for Section 48A AM 2008-003PDF 02/22/2008 Treatment of Certain Distributions in Complete Liquidation by a REIT AM 2008-002PDF 02/08/2008 Section 280C(c)(3) - Guidance on Reduced Credit for Increasing Research Activities AM 2008-001PDF 01/25/2008 Dual Consolidated Losses: Reasonable Cause Requests Relating to Periods Where Assessment of Tax Under Section 6501(a) Is Not Permitted AM 2007-017PDF 10/31/2007 Applicability of Section 6695A Penalty to Estate & Gift Appraisals AM 2007-016PDF 09/25/2007 Application of Notice 88-108 to Section 956(a)(1) AM 2007-015PDF 07/27/2007 Section 162(f) and the Character of Relator Fees under the False Claims Act AM 2007-014PDF 07/24/2007 Integration of Convertible Notes with Hedges AM 2007-013PDF 06/15/2007 Exception to the Three-Year Requirement for Residences for Veterans Under Section 143(d)(2)(D) AM 2007-012PDF 06/08/2007 FIN 48 & Tax Accrual Workpapers AM 2007-011PDF 05/25/2007 Auxiliary Power Units (APU) AM 2007-010PDF 05/25/2007 Deductibility of Administrative Expenses of Bankruptcy AM 2007-009PDF 05/11/2007 Application of Sections 1.461-4(d)(6)(ii) and 1.461-5 to Service Contracts AM 2007-008PDF 04/20/2007 Lease-In/Lease-Out ("LILO") and Sale-In/Lease-Out ("SILO") Exit Strategy AM 2007-007PDF 03/23/2007 Taxpayer Use of Section 482 and the Commensurate With Income Standard AM 2007-006PDF 02/23/2007 Elections Under Section 338 With Respect to Foreign Corporate Targets AM 2007-005PDF 02/09/2007 Trusts Holding Interests in a Partnership AM 2007-004PDF 02/02/2007 Variable Purchase Contracts and Share Lending Agreements AM 2007-003PDF 02/02/2007 Construction Allowances for Short Term Leases of Retail Space Not Subject to Sec. 110 AM 2007-002PDF 01/26/2007 State Tax Credit Transfers AM 2007-001PDF 01/12/2007 Qualification for FSC benefits and ETI Exclusions AM 2006-006PDF 10/11/2006 Cost of Restoring Property after Casualty Loss Deduction AM 2006-005PDF 10/13/2006 Subchapter S Banks and the Special Bank Rules AM 2006-004 Pulled Adjusted Current Earnings for Certain Mining Property; re-published as CCA 200721019PDF. AM 2006-003PDF 09/29/2006 Allocation of Capitalizable Mixed Service Costs to Ineligible Property AM 2006-002PDF 09/29/2006 Allocation under Sections 338 and 1060 to Assets in a Non-Qualified Nuclear Decommissioning Fund Purchased along with a Nuclear Power Plant AM 2006-001PDF 09/26/2006 Cross-Border Financial Instruments; Hybrid Debt/Equity - Equity in the U.S.