Understanding Quantitative Easing and Currency Manipulation

Explore the distinction between quantitative easing and currency manipulation, two different financial strategies impacting ...
JournalofAccountancy

Don’t let foreign currency fluctuations impair performance measurements

The value of the U.S. dollar rose significantly from June 2014 to April 2015 compared with other foreign currencies. For U.S. companies with international operations, that could have resulted in ...
JD Supra

Taxation of Foreign Currency Transactions Part I: Definitions and Rules for Taxing Foreign Currencies

Navigating the federal taxation of foreign currency can be compared to trying to cross a perilous sea. Both involve unexpected rough patches, serious difficulties, and frustrating complexity. In this ...
JD Supra

Taxation of Foreign Currency Transactions Part II: Gains, Losses, Personal Transactions, and Electing Out of Section 988

Are all foreign currency gains taxable? No. Under a de minimis exemption individual taxpayers with foreign currency gains of $200 or less on a “personal transaction” do not need to report them. How ...