A foreign-currency transaction is one that requires settlement, either payment or receipt, in a foreign currency. When the exchange rate changes between the original purchase or sale transaction date ...
CPA tax preparers should recognize that the use of bitcoin and other virtual currencies has grown, both as an investment and as a means of commerce, that it has tax consequences, and that it is an IRS ...
Currency transaction profit and losses are taxed in the event of realized gains or losses. These profits and losses can occur if a customer pays a business on a different date than the date of sale ...
When you travel abroad, you expect simplicity and transparency — especially when your financial tools promise no extra charges. Yet Uber is adopting a strategy — Uber preferred currency fee - that ...
Selwyn Gishen contributes to Investopedia and Forex Journal and has written a trading guide for Trade Station. He is the CEO of ProGro Group. Thomas J Catalano is a CFP and Registered Investment ...
North Korean police use undercover spies to entrap merchants in foreign currency transactions, seizing cash and goods as market activity declines before party congress.
Currency in circulation has (CiC) jumped even as UPI transactions have surged in the backdrop of higher withdrawals from ATMs in states such as Karnataka due to GST notices to small merchants and its ...