SECTION 988
Section 988 concerns capital losses and gains on an investment held in a foreign currency in a financial transaction. According to this section, foreign currency transaction gains are considered as ordinary income regardless if it was earned by an individual or a company. A transaction under Section 988 is associated with the IRS Section 988 that was applied to the succeeding tax years following December 31, 1986.
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Piotroski Score
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Jitney
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An ...
Hedge
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Preference Shares
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Channel Check
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 05:02 | Trade Balance | Nov | |
| 07:00 | Economy Watchers Survey | Nov | |
| 09:00 | Industrial Production | Oct | |
| 10:00 | SECO Consumer Confidence | Nov | |
| 11:30 | Sentix Investor Confidence | Dec | |
| 01:50 | M2 Money Supply + CD | Nov | |
| 02:01 | BRC Retail Sales Monitor | Nov | |
| 02:30 | NAB Business Confidence | Nov | |
| 05:30 | RBA Interest Rate Decision | Dec |
