Prop. Treas. Reg. § 1.1297-3 Deemed sale election by a United States person that is a shareholder of a passive foreign investment company.

Par. 6. In Sec. 1.1297-3, paragraph (c) is added to read as follows:

[The text of this proposed paragraph (c) is the same as the text of Sec. 1.1297-3T(c) published elsewhere in this issue of the Federal Register.]