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New Foreign Currency Tax Guidance Dec. 6th
fnbplanet posted a topic in Tax DiscussionJust got this notice from the IRS site. Has to do mostly with QBUs ( qualified business units). I don't speak legalese, maybe it's important, maybe not. Go here Just seems like something is going on with gains/losses from foreign currencies, and anytime that happens, it makes me anxious. Anybody out there know if this affects us or not?