MoFo Tax Talk: Volume 6, Issue 2

EDITOR'S NOTE

We know 2013 is flying by because it's already time for Tax Talk 6.2. In this issue we bring you updates on what the IRS won't rule on (REIT conversions) and what it will rule on (Mexican land trusts [public ruling], money market funds [notice], and various dividends-received deduction and other tax motivated transactions [private rulings]). While these topics may seem fairly mundane given what is happening with the IRS in Washington (and Cincinnati), as always Tax Talk sticks to the technical. Any insight or comment on the intrigue and drama surrounding the alleged targeting by the IRS of certain political groups applying for tax exempt status is "beyond scope" as the English say. We'll leave that to the press, the FBI, and the Congress. Also, we won't discuss the U.S. Supreme Court's decision in U.S. v. Windsor¹ striking down the Defense of Marriage Act other than to remind our readers that, along with last year's Supreme Court decision