Today we added 5 new situational charts to andrewmitchel.com dealing with Section 987 Branch Transactions.
- Reg. 1.987-1(b)(7), Example 1 (Not a Section 987 QBU: Disregarded Entity Holding Stock & Servicing a Debt)
- Reg. 1.987-1(b)(7), Example 2 (Section 987 QBU: Disregarded Entities with Active Businesses)
- Reg. 1.987-1(b)(7), Example 3 (Section 987 QBU: Election to Treat Separate QBUs as One QBU)
- Reg. 1.987-1(b)(7), Example 4 (Section 987 QBU: Aggregate Partnerships)
- Reg. 1.987-1(b)(7), Example 5 (Section 987 QBU: U.S. Corp with 3 QBUs)
