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Similar to a Kickstarter campaign, ICOs allow startups to raise large sums of money from the public without the strict disclosure requirements associated with listing on a stock exchange. On the one hand, this gives entrepreneurs access to a new source of capital and allows.
(D) Foreign currency gains The excess of foreign currency gains over foreign currency losses (as defined in section 988(b) attributable to any section 988 transactions. This subparagraph shall not apply in the case of any transaction directly related to the business needs of the controlled.
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