The value of the U.S. dollar rose significantly from June 2014 to April 2015 compared with other foreign currencies. For U.S. companies with international operations, that could have resulted in ...

Forbes contributors publish independent expert analyses and insights. I am the Kester and Brynes Professor at Columbia Business School and a Chazen Senior Scholar at the Jerome A. Chazen Institute for ...

Are all foreign currency gains taxable? No. Under a de minimis exemption individual taxpayers with foreign currency gains of $200 or less on a “personal transaction” do not need to report them. How ...

I have a new article in the China Project laying out China’s shadow reserves—foreign exchange either bought by the People’s Bank of China (PBOC) and then moved off its balance sheet, or foreign ...