Foreign Tax Credit for Foreign Taxes Paid in Lieu of Income Taxes: An Evaluation of the Rationale and a Reform Proposal, TheCorporations claimed more than $21 billion in foreign tax credits in 1984. Internal Reve- nueService, US Dep't of Treas., Pub. But see Goode, Rates of Return, ...
a我的理想是进一所好大学。 My ideal enters a good university.[translate] aAll taxpayers are allowed a tax credit for foreign taxes and for a percentage of certain types of business expenses. 所有纳税人提供减税为外国税和为业务费用的某些类型的百分比。[translate]...
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 the host country.讲的是tax credit的定义?还是讲得tax credit的例子!credit的意思...
foreign tax paid【经】 已付国外税金 foreign currency credit外币信贷 foreign corporation tax外国公司税 相似单词 foreigna. 1.外国的,在本国以外的;从外国来的 2.不属于本身的;无关的,不相干的 3.外来的;异质的 4.涉外的;外交的 5.非典型的;陌生的 6.异物;异体 ...
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 the host country.讲的
However, if foreign taxes are claimed as a deduction, then all foreign taxes must be claimed as a deduction; no FTC can be claimed. Either the foreign tax credit or the deduction must be claimed for all the taxes paid or accrued during the tax year. A cash basis taxpayer can elect to...
(redirected fromForeign tax credit) Financial Wikipedia AcronymDefinition FTCFederal Trade Commission FTCFIRST Tech Challenge(high school robotics competition) FTCFeed The Children FTCFailure to Comply(with court order) FTCFrantic(gaming clan) FTCFair Trade Commission(Japan) ...
tax return the income taxes you paid in that foreign country on that same $120,000. (The calculations can be tricky here, so be sure to consult with a qualified tax pro for help.) To claim the foreign tax credit, ...
Not all taxes paid to a foreign government can be claimed as a credit against the U.S. federal income tax. For the foreign tax to qualify for the credit: The tax must be imposed on you by a foreign country or U.S. possession. ...
government. If the American worker deposits their monthly earnings into a Germansavings account, the IRS can grant itself access to that account to collect taxes. There are some relief provisions, including a partial credit for foreign taxes paid on overseas income, but they are often ...