Practical Implications of IRS Section 987 for the Taxation of Foreign Currency Gains and Losses
A Comprehensive Overview to Taxes of Foreign Currency Gains and Losses Under Section 987 for CapitalistsUnderstanding the taxes of foreign currency gains and losses under Section 987 is critical for U.S. financiers participated in global transactions. This section lays out the intricacies included in identifying the tax ramifications of these losse