Andersen Managing Director Bryan Collins comments are featured in the recent Tax Notes article, Revived Reg Project Won't Address Consolidated Subgrouping Rules. The article covers the reopening of a dormant regulation project to revise Sec. 382 rules applicable to consolidated groups and the lack of IRS plans to revamp complex subgrouping rules as part of that project. Bryan mentions that when utilizing the currently applicable rules, you wind up with a "checkerboard of companies" within a group, with some included and others not in the computations, making compliance with the proposed changes uncertain and extremely complex.