Key Insights Into Taxes of Foreign Currency Gains and Losses Under Section 987 for International Transactions Understanding the intricacies of Area 987 is critical for U.S. taxpayers involved in global transactions, as it determines the therapy of international currency gains and losses. This area not only requires the recognition of https://devinsycjm.wikicarrier.com/488307/the_role_of_irs_section_987_in_determining_the_taxation_of_foreign_currency_gains_and_losses