Practical Implications of IRS Section 987 for the Taxation of Foreign Currency Gains and Losses
Navigating the Complexities of Taxes of Foreign Money Gains and Losses Under Section 987: What You Need to KnowRecognizing the intricacies of Section 987 is important for U.S. taxpayers participated in foreign procedures, as the tax of international money gains and losses presents unique obstacles. Secret elements such as exchange rate variations,