The Internal Revenue Service taxes foreign currencies at their value in dollars, which can create recordkeeping and exchange challenges. You may have to pay taxes on gains if you make a profit on ...
Banks typically provide better exchange rates compared to airport kiosks or tourist areas. Understanding fees, spreads and rates helps you maximize your currency exchange value. Planning ahead ...
The Financial Accounting Standards Board issued Statement 52, Foreign Currency Solution, in December 1981. Also known as Accounting Standard Codification 830, FAS 52 provides guidance on handling ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. As businesses in the United States have had to adjust to a ...
By Makiko Yamazaki TOKYO, Jan 26 (Reuters) - Japan's top currency diplomat Atsushi Mimura said on Monday the government will ...
The CBC’s letter to the Economist was like waiving a red flag in front of a bull, especially when the regulators are rigging ...
The value of the U.S. dollar rose significantly from June 2014 to April 2015 compared with other foreign currencies. For U.S. companies with international operations, that could have resulted in ...
Credit cards and banking specialist Jenn Underwood brings over 16 years of personal finance experience to the table. After a decade of teaching courses in banking, debt reduction, budgeting and credit ...
Penny Pryor has more than two decades experience writing, reporting and editing financial services publications. She has contributed to, and edited, the Money Section of the Sun Herald and The Sunday ...
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