Method of measuring assets
Method of measuring assets(A) Publicly traded foreign corporations. For purposes of section 1297, the assets of a publicly traded foreign corporation as defined in paragraph (f)(7) of this section (including assets treated as held pursuant to section 1297(c) and 1.12972(b)(2)(i) and (b)(3)(i), other than assets of a look-through subsidiary described in paragraph (d)(1)(v)(B) of this section) must be measured for all measuring periods of the taxable year on the basis of value.
(A)Publicly traded foreign corporations.For purposes of section 1297, the assets of a publicly traded foreign corporation as defined inparagraph (f)(7)of this section (including assets treated as held pursuant to section 1297(c) and 1.12972(b)(2)(i) and (b)(3)(i), other than assets of a look-through subsidiary described inparagraph (d)(1)(v)(B)of this section) must be measured for all measuring periods of the taxable year on the basis of value.