IRS Section 987 and the Taxation of Foreign Currency Gains and Losses for International Trade
Secret Insights Into Tax of Foreign Currency Gains and Losses Under Area 987 for International PurchasesUnderstanding the intricacies of Area 987 is extremely important for U.S. taxpayers engaged in global deals, as it determines the therapy of international money gains and losses. This section not just calls for the acknowledgment of these gains a