Recent Developments in the Step Transaction Doctrine

Example 1 -- Creeping "B" Reorganization

Example 2 -- Rev. Rul. 67-274

Example 3 -- Rev. Rul. 67-274 (Variation 1: Elkhorn Coal )

Example 4 -- Rev. Rul. 67-274 (Variation 2: Bausch &

Lomb and Treas. Reg. § 1.368-2(d)(4))

Example 5 -- Rev. Rul. 67-274 (Variation 3: Rev. Rul. 90-95)

Example 6 -- Rev. Rul. 67-274 (Variation 4: Rev. Rul. 2001-24)

Example 7 -- Rev. Rul. 67-274 (Variation 5: Rev. Rul. 2002-85)

Example 8 -- Rev. Rul. 67-274 (Variation 6: Rev. Rul. 2001-25)

Example 9 – Rev. Rul. 67-274 (Variation 7: Rev. Rul. 2001-26)

Example 10 -- Rev. Rul. 67-274 (Variation 8: Rev. Rul. 2001-46)

Example 11 -- Rev. Rul. 67-274 (Variation 9: Upstream Merger)

Example 12: Rev. Rul. 67-274 (Variation 10: King Enterprises )

Example 13 -- Rev. Rul. 2003-51

Example 14 -- Yoc Heating

Example 15 -- Section 304 or "D" Reorganization

Example 16 -- Assumption of Liabilities in Triangular "C" Reorganizations

Example 17 -- Asset Push-up After Triangular "C" Reorganization

Example 18 – "Cause To Be Directed" Transfer

Example 19 -- Sale of All of QSub Stock: Rev. Rul. 70-140

Example 20 -- Sale of Portion of QSub Stock

Example 21 -- Sale of All Membership Interests in LLC

Example 22 -- Sale of Portion of Membership Interests in LLC

Example 23 -- Revenue Ruling 98-27