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IRS Issues Notice on Modifications to Rules for Computing Taxable Income or Loss & Foreign Currency Gain or Loss Under Section 987
March 17, 2026

WASHINGTON, March 17 -- The Internal Revenue Service issued the following notice (No. 2026-17) on March 16, 2026, entitled "Modifications to Rules for Computing Taxable Income or Loss and Foreign Currency Gain or Loss Under Section 987".

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SECTION 1. PURPOSE

This notice announces that the Department of the Treasury (Treasury Department) and the Internal Revenue Service (IRS) intend to issue proposed regulations (forthcoming proposed regulation . . .

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