Understanding the Taxation of Foreign Currency Gains and Losses Under Section 987 of the IRS Code
Navigating the Intricacies of Tax of Foreign Currency Gains and Losses Under Section 987: What You Need to KnowUnderstanding the ins and outs of Section 987 is important for U.S. taxpayers involved in international procedures, as the taxes of international money gains and losses presents special obstacles. Key elements such as exchange rate fluctua