THE ROLE OF IRS SECTION 987 IN DETERMINING THE TAXATION OF FOREIGN CURRENCY GAINS AND LOSSES

Browsing the Complexities of Taxes of Foreign Currency Gains and Losses Under Section 987: What You Required to KnowRecognizing the ins and outs of Section 987 is essential for U.S. taxpayers engaged in foreign operations, as the taxation of foreign money gains and losses provides special challenges. Secret aspects such as exchange rate changes, re