Key Insights Into Tax of Foreign Money Gains and Losses Under Section 987 for International Deals Recognizing the intricacies of Area 987 is paramount for U.S. taxpayers engaged in international deals, as it dictates the treatment of foreign currency gains and losses. This section not only requires the recognition of https://brookshhebv.wikissl.com/1336957/understanding_the_taxation_of_foreign_currency_gains_and_losses_under_section_987_of_the_irs_code