Compliance, Regulatory
17 Jan 2025
compliance, reporting and recordkeeping requirements, income taxes, internal revenue service, tax regulations, taxable income, foreign currency
📊Amendments to Tax Regulations on Currency Gains and Losses
This document includes corrections to a final regulation (Treasury Decision 10016) published in the Federal Register on Wednesday, December 11, 2024. Treasury Decision 10016 contained final regulations relating to the determination of taxable income or loss and foreign currency gain or loss with the respect to a qualified business unit.
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