Читать книгу International Taxation - Adnan Islam - Страница 60

1 Section 987 gain or loss is recognized wheneverProperty of a QBU branch is transferred to another branch of a subsidiary of the U.S. business or when the branch terminates.The foreign QBU sends a remittance to the United States, and the exchange rate prevailing on the date of the remittance differs from the weighted average exchange rate for the tax year.The foreign QBU sends remittances to the United States.Both the first and second answer choices.