Key Insights Into Taxation of Foreign Currency Gains and Losses Under Area 987 for International Purchases Recognizing the complexities of Section 987 is critical for U.S. taxpayers involved in international transactions, as it determines the treatment of foreign currency gains and losses. This section not only calls for the acknowledgment https://tax-deadline-202257956.wikijournalist.com/5175830/how_section_987_in_the_internal_revenue_code_addresses_the_taxation_of_foreign_currency_gains_and_losses