(a) In general. This section provides rules for determining an owner’s share of the assets and liabilities of an eligible QBU that is owned indirectly, as described in § 1.987-1(b)(4)(ii), through a section 987 aggregate partnership.

(b) [Reserved]

(c) Coordination with subchapter K. [Reserved]

[T.D. 9794, 81 FR 88845, Dec. 8, 2016, as amended by T.D. 9795, 81 FR 88874, Dec. 8, 2016; T.D. 9857, 84 FR 20796, May 13, 2019]