Difference between revisions of "Tax Rates Reflect Quality Of Life"

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Revision as of 11:31, 13 August 2025


A credit is allowed for foreign income taxes paid or accrued. The financial lending is limited to that particular part of Oughout.S. tax due to foreign source income. It is not refundable, but any excess credit end up being the carried to other years to reduce tax.

71.198

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