If you are planning a trip overseas this summer, you may want to do a little research about exchanging your cash for local currency. Once you are back from your trip, you might want to exchange the ...

Section 1256 generally requires that certain contracts, including “foreign currency contracts,” be marked-to-market annually. The Internal Revenue Service (IRS) has long maintained that foreign ...

The IRS has published Proposed Regulations clarifying that for purposes of the mark-to-market rules under section 1256, foreign currency contracts include only foreign currency forward contracts, and ...

Foreign currency contracts subject to the Sec. 1256 mark-to-market rules would be defined as only including forward contracts, under proposed regulations the IRS and Treasury issued Tuesday ...

(Bloomberg) -- Monday started quietly in the $300 billion-plus currency options market until political headlines triggered the most hectic trading day in nearly two months — a taste of what may lie in ...

Learn how currency translation converts foreign subsidiaries' financial results into a parent company's main currency, ...

Foreign exchange rate risk, or currency risk, could potentially happen when the value of one currency fluctuates relative to ...

Visiting another country is a great way to explore and experience other cultures, but you want to make sure you have cash on hand and the ability to withdraw cash abroad for the smoothest travel ...

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