Blake Rubin was quoted in the January 21 issue of Tax Notes in an article about how practitioners were pleasantly surprised to find that Treasury on January 16 withdrew the highly criticized proposed regs on the treatment of disguised sales of partnership interests between partners under section 707(a)(2)(B). "The regulations were deeply flawed and possibly invalid. The Service did the right thing in withdrawing them," Mr. Rubin said. "I was a little surprised that they were withdrawn. The official word was that they would be re-proposed. Candidly, I thought that they would just linger in their proposed form indefinitely," he added.