Trick Insights Into Taxes of Foreign Money Gains and Losses Under Area 987 for International Purchases Understanding the complexities of Section 987 is critical for U.S. taxpayers participated in international transactions, as it dictates the treatment of foreign currency gains and losses. This section not only requires the recognition of https://taxaccounting59360.ampblogs.com/the-role-of-irs-section-987-in-determining-the-taxation-of-foreign-currency-gains-and-losses-70493503