{"abstract":"This document contains final regulations which provide the translation rates that must be used when translating into dollars certain items and amounts transferred by a qualified business unit (QBU) to its home office or parent corporation for purposes of computing dollar approximate separate transactions method (DASTM) gain or loss. This regulation is necessary to provide guidance under section 985 regarding the proper translation rates that must be used under the DASTM method. Taxpayers affected by these regulations are taxpayers with QBUs required to use the DASTM method of accounting described in Sec. 1.985-3.","action":"Final regulation.","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Internal Revenue Service","name":"Internal Revenue Service","id":254,"url":"https://www.federalregister.gov/agencies/internal-revenue-service","json_url":"https://www.federalregister.gov/api/v1/agencies/254","parent_id":497,"slug":"internal-revenue-service"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2007/03/30/E7-5857.html","cfr_references":[{"chapter":null,"citation_url":null,"part":1,"title":26}],"citation":"72 FR 15043","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"Effective Date: This regulation is effective March 30, 2007.","disposition_notes":null,"docket_ids":["TD 9320"],"dockets":[],"document_number":"E7-5857","effective_on":"2007-03-30","end_page":15044,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2007/03/30/E7-5857.xml","html_url":"https://www.federalregister.gov/documents/2007/03/30/E7-5857/united-states-dollar-approximate-separate-transactions-method","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/E7-5857?publication_date=2007-03-30","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2007-03-30/E7-5857/mods.xml","not_received_for_publication":null,"page_length":2,"page_views":{"count":80,"last_updated":"2026-10-23 22:15:05 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2007-03-30/pdf/E7-5857.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":null,"publication_date":"2007-03-30","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2007/03/30/E7-5857.txt","regulation_id_number_info":{"1545-BF67":null},"regulation_id_numbers":["1545-BF67"],"regulations_dot_gov_info":{"comments_count":0,"agency_id":"IRS","document_id":"IRS-2007-0075-0001","checked_regulationsdotgov_at":"2022-03-18T03:30:04Z"},"regulations_dot_gov_url":null,"significant":null,"signing_date":null,"start_page":15043,"subtype":null,"title":"United States Dollar Approximate Separate Transactions Method","toc_doc":null,"toc_subject":null,"topics":["Income taxes","Reporting and recordkeeping requirements"],"type":"Rule","volume":72}