Indirect ownership.

(ii) Indirect ownership. An individual or corporation that is a partner in a section 987 aggregate partnership (as defined in paragraph (b)(5) of this section) and is allocated, under 1.9877, all or a portion of the assets and liabilities of an eligible QBU of such partnership is an indirect owner of the eligible QBU.


26 CFR § 1.987-1

Scoping language

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