For a few years now Colombia has witnessed an increase in its investments abroad. For these investments, unilateral measures to avoid or reduce double taxation on income tax such as the Tax Credit (TC) for taxes paid abroad are earning relevance. However, in Colombia the TC has been subject...
In 1918, the foreign tax credit (FTC) was enacted. This unilateral decision by the United States to allow taxes paid abroad to reduce U.S. tax liability dollar for dollar—taken principally to redress the unfairness of "double ... MJ Graetz - 《Brook.j.intl L》 被引量: 75发表: 2001...
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...
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
Foreign Credit Insurance Association (美国)国外信用保险协会简称F.C.I.A.,成立于1961年,系在美国输出入银行(Export-Import Bank)的支持与协助下,由数十家公民营保险公司所共同组成。该协会承保美国出口商有关 foreign tax paid 【经】 已付国外税金 foreign currency credit 外币信贷 foreign corporation tax...
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) ...
If you choose to take the foreign tax credit, and the taxes paid or accrued exceed the credit limit for the tax year, you may be able to carry over or back the excess to another tax year. If you can’t claim the Foreign Tax Credit, deducting foreign taxes is an alternative. To clai...
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 ...