# Conversion to the Euro
> **IRS** · Final regulations and removal of temporary regulations. · Published 2001-01-11 · Effective 2001-01-11 · 66 FR 2215
## Document
- **Document number:** 01-252
- **Category:** tax-irs
- **Sub-agency:** IRS
- **Federal Register citation:** 66 FR 2215
- **CFR reference:** 26 CFR 1
- **Publication date:** 2001-01-11
- **Effective date:** 2001-01-11
- **Treasury docket:** TD 8927
## Abstract

This document contains final Income Tax Regulations relating to U.S. taxpayers operating, investing, or otherwise conducting business in the currencies of certain European countries that replace their national currencies with a single, multinational currency called the euro. These regulations provide rules relating to adjustments required for qualified business units operating in such currencies and rules relating to the tax effect of holding such currencies, or financial instruments or contracts denominated in such currencies.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2001/01/11/01-252/conversion-to-the-euro)
---
*AI Analytics · CC0 1.0*