Treasury Regulations (26 C.F.R.)
26 CFR § 1.989(b)-1
Definition of weighted average exchange rate.
Official textecfr.govlast amended
For purposes of section 989(b)(3) and (4), the term “weighted average exchange rate” means the simple average of the daily exchange rates (determined by reference to a qualified source of exchange rates described in § 1.988-1(d)(1)), excluding weekends, holidays and any other nonbusiness days for the taxable year.
[T.D. 8263, 54 FR 38664, Sept. 20, 1989. Redesignated by T.D. 8367, 56 FR 48437, Sept. 25, 1991; 57 FR 6060, Feb. 18, 1992; T.D. 9452, 74 FR 27890, June 11, 2009]
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In this part (40 sections)
- 1.987-7 · Application of the section 987 regulations to partnerships…
- 1.987-8 · Termination of a section 987 QBU.
- 1.987-8T · Termination of a section 987 QBU (temporary).
- 1.987-9 · Recordkeeping requirements.
- 1.987-10 · Transition rules.
- 1.987-11 · Suspended section 987 loss relating to certain elections;…
- 1.987-12 · Deferral of section 987 gain or loss.
- 1.987-13 · Suspended section 987 loss upon terminations.
- 1.987-14 · Section 987 hedging transactions.
- 1.987-15 · Applicability date.
- 1.988-0 · Taxation of gain or loss from a section 988 transaction;…
- 1.988-1 · Certain definitions and special rules.
- 1.988-1T · Certain definitions and special rules (temporary).
- 1.988-2 · Recognition and computation of exchange gain or loss.
- 1.988-2T · Recognition and computation of exchange gain or loss…
- 1.988-3 · Character of exchange gain or loss.
- 1.988-4 · Source of gain or loss realized on a section 988 transaction.
- 1.988-5 · Section 988(d) hedging transactions.
- 1.988-6 · Nonfunctional currency contingent payment debt instruments.
- 1.989(a)-1 · Definition of a qualified business unit.
- 1.989(b)-1 · Definition of weighted average exchange rate.
- 1.991-1 · Taxation of a domestic international sales corporation.
- 1.992-1 · Requirements of a DISC.
- 1.992-2 · Election to be treated as a DISC.
- 1.992-3 · Deficiency distributions to meet qualification requirements.
- 1.992-4 · Coordination with personal holding company provisions in case…
- 1.993-1 · Definition of qualified export receipts.
- 1.993-2 · Definition of qualified export assets.
- 1.993-3 · Definition of export property.
- 1.993-4 · Definition of producer's loans.
- 1.993-5 · Definition of related foreign export corporation.
- 1.993-6 · Definition of gross receipts.
- 1.993-7 · Definition of United States.
- 1.994-1 · Inter-company pricing rules for DISC's.
- 1.994-2 · Marginal costing rules.
- 1.995-1 · Taxation of DISC income to shareholders.
- 1.995-2 · Deemed distributions in qualified years.
- 1.995-3 · Distributions upon disqualification.
- 1.995-4 · Gain on disposition of stock in a DISC.
- 1.995-5 · Foreign investment attributable to producer's loans.