Abstract
The article discusses U.S. regulations related to corporate tax. In Treasury Decision 9047, 2003-14 I.R.B. 676, the Service issued final regulations under section 337(d) pertaining to the transfer of property by C corporations to regulated investment companies and real estate investment trusts. In Treasury Decision 9038, 2003-9 I.R.B. 524, the Service issued temporary regulations under section 368 pursuant to which the merger of a target corporation into a disregarded entity will qualify as a tax-free reorganization under section 368(a)(1)(A) if certain conditions are satisfied.