Complete the following statement regarding why a private letter ruling from the IRS is like an insurance policy for a corporate reorganization.

Requesting a letter ruling from the IRS about a reorganization will provide the parties involved information regarding the

income tax effectlegal effect

of the proposed transactions. If the parties proceed with the transaction as proposed in the ruling request, a favorable ruling indicates the

legal treatment by the courtstax treatment by the IRS

for the restructuring.

Type AType BType CType DType EType FType G

c$.$A consolidation

Type AType BType CType DType EType FType G

d$.$A spin$-$off

Type AType BType CType DType EType FType G

e$.$The acquisition by a corporation of another in a stock$-$for$-$asset exchange

Type AType BType CType DType EType FType G

f$.$A change in the state of incorporation from Nevada to Delaware