AN OVERVIEW OF IRS SECTION 987: TAXATION OF FOREIGN CURRENCY GAINS AND LOSSES EXPLAINED

Key Insights Into Taxes of Foreign Money Gains and Losses Under Section 987 for International DealsComprehending the complexities of Section 987 is critical for U.S. taxpayers engaged in global transactions, as it determines the treatment of foreign money gains and losses. This section not just needs the recognition of these gains and losses at yea