EYUS IRS delays certain Section 987 foreign currency regulations for additional year
|Tax Alerts, National/Federal Taxation, L ...|United States
On 17 September 2020, the United States (US) Department of the Treasury (Treasury) and Internal Revenue Service (IRS) announced (Notice 2020-73) their intent to amend the final Internal Revenue Code1 Section 987 regulations issued in 2016 (T.D. 9794, the 2016 Final Regulations), as well as certain related final regulations issued in 2019 (T.D. 9857, the 2019 Final Regulations), to furthe…
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