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Question
A CFC may conduct business through a qualified business unit (as defined in §1.989(a)-1) (QBU) that is [...] for federal income tax purposes, either because it is a branch or division of the CFC or because it is a business entity that is disregarded as separate from its owner.
Answer
not treated as a separate entity

Question
A CFC may conduct business through a qualified business unit (as defined in §1.989(a)-1) (QBU) that is [...] for federal income tax purposes, either because it is a branch or division of the CFC or because it is a business entity that is disregarded as separate from its owner.
Answer
?

Question
A CFC may conduct business through a qualified business unit (as defined in §1.989(a)-1) (QBU) that is [...] for federal income tax purposes, either because it is a branch or division of the CFC or because it is a business entity that is disregarded as separate from its owner.
Answer
not treated as a separate entity
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A CFC may conduct business through a qualified business unit (as defined in §1.989(a)-1) (QBU) that is not treated as a separate entity for federal income tax purposes, either because it is a branch or division of the CFC or because it is a business entity that is disregarded as separate from its owner. </spa

Original toplevel document (pdf)

owner: VPLAN - (no access) - 2017-27320 988 regs.pdf, p8

Summary

statusnot learnedmeasured difficulty37% [default]last interval [days]               
repetition number in this series0memorised on               scheduled repetition               
scheduled repetition interval               last repetition or drill

Details

No repetitions


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