SECTION 987 IN THE INTERNAL REVENUE CODE: MANAGING FOREIGN CURRENCY GAINS AND LOSSES FOR TAX EFFICIENCY

Recognizing the Ramifications of Taxes of Foreign Money Gains and Losses Under Area 987 for ServicesThe tax of foreign currency gains and losses under Section 987 offers a complicated landscape for services participated in international operations. This area not only needs an accurate analysis of currency changes but also mandates a tactical approa