foreign tax credit การใช้

• A federal foreign tax credit is granted for foreign income taxes.
• The company said it will use foreign tax credits to lower its liability.
• The revisions adjust rules governing foreign tax credits, interest income and other items.
• Or you can take a foreign tax credit against the amount of taxes owed.
• Changes to tax laws relating to the claiming of foreign tax credits were made.
• In addition, a federal foreign tax credit is allowed for foreign income taxes paid.
• The IRS offered five hypothetical situations that would not allow for foreign tax credit.
• The company credited the increase in part to its use of one-time foreign tax credits.
• The AMT foreign tax credit limitation is redetermined based on AMTI rather than regular taxable income.
• This foreign tax credit is limited to that part of current year tax caused by foreign source income.
• Some taxpayers _ but not all _ must fill out that form to claim the foreign tax credit.
• "We don't cover how to get around the alternative minimum tax with regard to a foreign tax credit.
• The only exception to companies having paid income tax would be the use of the foreign tax credit.
• It might also help to get a copy of Publication 514, " Foreign Tax Credit for Individuals ."
• Under current law, companies can apply for foreign tax credits when they bring back profits from sales overseas.
• AMT is reduced by a foreign tax credit, limited based on AMT income rather than regular taxable income.
• Companies do this because they sometimes have foreign tax credits they cannot use unless they show more foreign income.
• Thus, all adjustments and tax preference items above must be applied in computing the AMT foreign tax credit limitation.
• Corporations may be subject to foreign income taxes, and may be granted a foreign tax credit for such taxes.
• Fourth-quarter earnings were aided by the company's use of foreign tax credits to boost marketing investment in the United States.