Are there special hedging provisions for section 988 transactions? Yes. In addition to the business hedging rules I address in our earlier Q&A with Andie series,[1] a special hedging provision is ...

Compare barter and currency systems. Discover why currency dominates modern trade and explore the evolution of digital ...

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 ...

CARACAS, Nov 25 (Reuters) - Venezuela said on Wednesday it will tax hard-currency transactions between clients of the same bank, an effort by President Nicolas Maduro's government to boost tax revenue ...

The Federal Inland Revenue Service (FIRS) has issued new guidelines to clarify the tax implications of foreign currency (FCY) transactions for taxpayers, tax practitioners, and tax officials. The ...

Managing currency exchange can be a complex task, especially for businesses engaged in international trade. Currency ...

(Reuters) -Bolivia's central bank on Friday reiterated a dramatic uptick in transactions of digital assets, following a Reuters report that showed how more Bolivians were turning to crypto exchanges ...

The U.S. has ordered money transmitters along the Mexican border to start filing reports on cash transactions greater than $200, a move the Trump administration said will help in the fight against ...

Narrow-moat Pegasystems reported third-quarter results that fell short of our revenue and profitability expectations as it continues to face material currency headwinds and the rapid adoption of Pega ...