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TREAS/IRS RIN: 1545-BR37 Publication ID: 2026 
Title: Accounting for Disregarded Transactions Between a Qualified Business Unit and Its Owner 
Abstract:

This regulatory action proposes rules regarding transfers between a section 987 qualified business unit and its owner.  This proposed rule would also provide guidance regarding the determination of net unrecognized section 987 gain or loss.

 
Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
EO 14192 Designation: Deregulatory 
CFR Citation: 26 CFR 1.987-2    26 CFR 1.987-4   
Legal Authority: 26 U.S.C. 987    26 U.S.C. 988    26 U.S.C. 7805    26 U.S.C. 989   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  12/11/2024  89 FR 99782   
NPRM Comment Period End  03/11/2025 
Final Action  11/00/2026 
Additional Information: REG-117213-24 (NPRM) Drafting attorney: Reviewing attorney: Rafi Cohen (202) 317-3756 Treasury attorneys: Paul Crispino (202) 622-2754 and Erika Nijenhuis (202) 622-0843 INTL
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Related RINs: Related to 1545-BO07, Related to 1545-BR78 
Agency Contact:
Raphael J. Cohen
Attorney
Department of the Treasury
Internal Revenue Service
1111 Constitution Avenue NW, Room 4579,
Washington, DC 20224
Phone:202 317-3756
Email: raphael.j.cohen@irscounsel.treas.gov