26 U.S. Code Part III, Subpart J - Foreign Currency Transactions

Sec. 985. Functional currency. 986. Determination of foreign taxes and foreign corporation’s earnings and profits. 987. Branch transactions. 988. Treatment of certain foreign currency transactions. 989. Other definitions and special rules.

1988—Pub. L. 100–647, title I, § 1012(v)(1)(C),Nov. 10, 1988, 102 Stat. 3529, added item 986 and struck out former item 986 “Determination of foreign corporation’s earnings and profits and foreign taxes”.


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