Key Insights Into Taxation of Foreign Money Gains and Losses Under Section 987 for International Deals Recognizing the complexities of Area 987 is vital for U.S. taxpayers engaged in worldwide purchases, as it determines the treatment of foreign currency gains and losses. This section not only requires the acknowledgment of https://taxiservice06137.blogscribble.com/33874367/irs-section-987-and-the-taxation-of-foreign-currency-gains-and-losses-for-international-trade