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Introduction›Part III. Administrative, Procedural, and Miscellaneous

SECTION 3. PROCEDURE

Internal Revenue Bulletin 1996-33 · 2026-10-03 edition · updated 2026-10-04 · United States

Rev. Proc. 96–3 is amplified by adding to Section 5 the following:

Section 355.—Distribution of Stock or Securities of a Controlled Corporation.—Whether a distribution of stock or securities is described in § 355(a)(1) if there have been negotiations, agreements or arrangements with respect to transactions or events which, if treated as

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consummated before the distribution, would result in the distribution of stock or securities of a corporation which is not controlled by the distributing corporation (or, if stock is retained by the distributing corporation, in a distribution of an amount of stock not constituting control).

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▸Contents — Internal Revenue Bulletin 1996-33
Internal Revenue Bulletin 1996-33

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