# Prop. Treas. Reg. § 1.987-9: Recordkeeping requirements.

Proposed regulation, not in force. REG-117213-24, 89 FR 99782, published 2024-12-11 <https://www.federalregister.gov/documents/2024/12/11/2024-28371/accounting-for-disregarded-transactions-between-a-qualified-business-unit-and-its-owner>. Interprets 26 U.S.C. § 987.

Par 4. Section 1.987-9 is amended by revising paragraphs (b)(5) and (6) to read as follows:

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(b) * * *

(5) The amount of assets and liabilities transferred by the owner to the section 987 QBU determined in the functional currency of the owner and the section 987 QBU (to the extent those amounts are taken into account in applying § 1.987-4 or § 1.987-5).

(6) The amount of assets and liabilities transferred by the section 987 QBU to the owner determined in the functional currency of the owner and the section 987 QBU (to the extent those amounts are taken into account in applying § 1.987-4 or § 1.987-5).

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