Section 987 in the Internal Revenue Code: Managing Foreign Currency Gains and Losses for Tax Efficiency
A Comprehensive Guide to Taxation of Foreign Money Gains and Losses Under Section 987 for CapitalistsRecognizing the tax of foreign money gains and losses under Area 987 is important for U.S. financiers engaged in international deals. This section describes the complexities included in figuring out the tax obligation ramifications of these losses a