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New Foreign Currency Tax Guidance Dec. 6th

fnbplanet

By fnbplanet,
in Tax Discussion

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fnbplanet Apprentice

fnbplanet

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Posted

 

Just 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?

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