Do you want BuboFlash to help you learning these things? Or do you want to add or correct something? Click here to log in or create user.



Question
Thus, accruals in connection with [...], are section 988 transactions if the receivable or payable is denominated in, or determined by reference to, a currency other than the taxpayer’s functional currency, as determined under §1.985-1.
Answer
ordinary business transactions, such as purchases and sales of inventory or the provision of services

Question
Thus, accruals in connection with [...], are section 988 transactions if the receivable or payable is denominated in, or determined by reference to, a currency other than the taxpayer’s functional currency, as determined under §1.985-1.
Answer
?

Question
Thus, accruals in connection with [...], are section 988 transactions if the receivable or payable is denominated in, or determined by reference to, a currency other than the taxpayer’s functional currency, as determined under §1.985-1.
Answer
ordinary business transactions, such as purchases and sales of inventory or the provision of services
If you want to change selection, open original toplevel document below and click on "Move attachment"

Parent (intermediate) annotation

Open it
Thus, accruals in connection with ordinary business transactions, such as purchases and sales of inventory or the provision of services, are section 988 transactions if the receivable or payable is denominated in, or determined by reference to, a currency other than the taxpayer’s functional currency, as determined un

Original toplevel document (pdf)

owner: VPLAN - (no access) - 2017-27320 988 regs.pdf, p5

Summary

statusnot learnedmeasured difficulty37% [default]last interval [days]               
repetition number in this series0memorised on               scheduled repetition               
scheduled repetition interval               last repetition or drill

Details

No repetitions


Discussion

Do you want to join discussion? Click here to log in or create user.