State Taxation of Trusts: Credit for Taxes Paid to Other StatesBergmann, Gregory AJohnson, Eric L
multinational firms are taxed on income earned abroad as well as income earned in the United States. However, they receive a tax credit for taxes paid to foreign governments. This tax credit is limited to the firm's U.S. tax ... KA Clausing - 《Brookings Trade Forum》 被引量: 4发表...
Generally, you can get a tax break for income taxes you pay to other countries: The IRS gives taxpayers the option of either deducting the foreign income tax they paid or claiming those taxes as a foreign tax credit (FT...
Products for previous tax years Free TurboTax Mobile App Offer - Free Tax Filing on Android or iOS Early Tax Refunds Tax & Online Software Products Free Edition tax filing Deluxe to maximize tax deductions TurboTax self-employed & investor taxes ...
Gain on the sale of non-depreciable personal property you sold while maintaining a tax home outside the United States; if you paid a tax of at least 10% of the gain to a foreign country. Which Taxes Count for the Foreign Tax Credit?
The Platinum Card® from American Express is for those who want a luxury card. It provides access to more airport lounges than comparable cards and has many other benefits. Standout benefits: With the Amex Platinum Card, you'll have unlimited visits to these airport lounges when you enroll...
bona fide residents of Puerto Rico for the entire tax year, domestic and foreign corporations.Nonresident aliens and foreign corporations can claim the credit for foreign taxes paid or accrued on foreign income connected with a United States trade or business. A credit or deduction can be claimed...
英语高人帮下哈!tax credit 的意思!THE home country may reduce the burden of the joint taxation of foreign subsidiary income in the home country and the host country by granting a tax credit to a parent corporation for income taxes paid in th
Commercial letters of credit are often used by exporters and others who wish proof that they will be paid before they ship goods or wish to minimize delay in payment. Traveller’s letters of credit are issued for the convenience of foreign travellers and answer the same purpose as traveller’...
The earned income tax credit (EITC) is available only to low- and moderate-income earners. Some eligible taxpayers even receive refunds of money they already paid through payroll deductions. The EITC is a tax credit, not a deduction. That means it reduces taxes owed on a dollar-for-dollar ...