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TAX TREATY STATEMENT STUDENT EMPLOYEE Tunisia Article 20 1. I was a resident of Tunisia on the date of my arrival in the United States. I am not a United States citizen. Furthermore, I have not been
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What is revenue procedure statement 87-8?
Revenue Procedure Statement 87-8 sets forth procedures for requesting the IRS to issue a ruling on the tax consequences of transactions involving foreign currency translation adjustments.
Who is required to file revenue procedure statement 87-8?
Taxpayers who are seeking a ruling from the IRS on the tax consequences of transactions involving foreign currency translation adjustments are required to file revenue procedure statement 87-8.
How to fill out revenue procedure statement 87-8?
To fill out revenue procedure statement 87-8, taxpayers must follow the procedures outlined in the revenue procedure and submit the necessary information and documentation to the IRS for review.
What is the purpose of revenue procedure statement 87-8?
The purpose of revenue procedure statement 87-8 is to provide guidance to taxpayers and the IRS on the tax consequences of transactions involving foreign currency translation adjustments.
What information must be reported on revenue procedure statement 87-8?
Revenue procedure statement 87-8 requires taxpayers to report detailed information about the transactions involving foreign currency translation adjustments, as well as any relevant tax issues that need clarification from the IRS.
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