Section 987 in the Internal Revenue Code: Managing Foreign Currency Gains and Losses for Tax Efficiency
Navigating the Complexities of Taxation of Foreign Currency Gains and Losses Under Section 987: What You Need to KnowUnderstanding the details of Area 987 is vital for U.S. taxpayers participated in foreign operations, as the tax of foreign currency gains and losses provides special difficulties. Trick elements such as currency exchange rate change