Casenotes: Federal Income Tax — Foreign Currency Transactions — Loss on Borrowing and Repayment of Foreign Currency, Even Though Foreign Currency Is a Capital Asset, Results in an Ordinary Loss as There Was No Sale or Exchange. National-Standard Co. v. Commissioner, 80 T.C. 551 (1983)

Authors

Neil Z. Insel, University of Baltimore School of Law

Recommended Citation

Insel, Neil Z. (1984) "Casenotes: Federal Income Tax — Foreign Currency Transactions — Loss on Borrowing and Repayment of Foreign Currency, Even Though Foreign Currency Is a Capital Asset, Results in an Ordinary Loss as There Was No Sale or Exchange. National-Standard Co. v. Commissioner, 80 T.C. 551 (1983)," University of Baltimore Law Review: Vol. 14: Iss. 1, Article 12.
Available at: https://scholarworks.law.ubalt.edu/ublr/vol14/iss1/12