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You must report amounts on your U.S. tax return in U.S. dollars. This necessitates converting foreign currency, including Euros, into U.S. dollars if you receive income or pay expenses in a foreign currency. Generally, the prevailing exchange rate (spot rate) at the time of the transaction should be used for…

Spain secured their fourth UEFA Euro Cup title in a dominant display at EURO 2024, cementing their place as the most successful team in the tournament’s history. Their journey to victory was marked by impressive performances, tactical brilliance, and a squad brimming with talent. Spain topped Group B with convincing…

The euro dipped below $1.04 due to investor anticipation of a widening interest rate differential between the US and Europe. Strong US jobs data validated the Federal Reserve’s decision to hold steady on interest rate adjustments, bolstering the dollar. Conversely, the European Central Bank (ECB) recently implemented rate cuts and…

The European Commission uses official monthly accounting rates for the euro to calculate reimbursements for expenses, travel, and subsistence costs for external participants in Commission-requested meetings and interviews. These rates are established by the Accounting Officer of the European Commission, in accordance with Article 19 of the Financial Regulation. This…

The UEFA Euro 2024 tournament concluded with a thrilling final match between Spain and England. Spain emerged victorious with a 2-1 win over England, securing their championship title. The final match was held in Berlin on July 14th, 2024. The semi-final matches leading up to the final were equally exciting.…

The UEFA EURO 2024 final took place on Sunday, July 14th, 2024, at 9:00 PM Central European Time (CET). The match was held at the Olympiastadion in Berlin, Germany. The Olympiastadion, with a seating capacity of 71,000, was the largest stadium used in the tournament. It’s the home stadium for…

The UEFA Euro 2024 tournament concluded with a thrilling final on July 14th. For those in the United States, the final match was broadcast on FOX at 3 p.m. ET. Live streaming and game updates were also available on FOXSports.com and the FOX Sports app. The Euro 2024 final was…