The U.S. foreign tax credit for corporate taxpayers

Journal
Vacovec, K.J.; James, T.S.; Hoiberg, L.L.
Bulletin for International Taxation 2001 (Volume 55), No. 9
PriceUSD 45

The US foreign tax credit offers tax relief to US taxpayers, both individuals and corporations, that would otherwise be taxed more than once on foreign-source income that is taxed in a foreign jurisdiction. This article examines the US foreign tax credit as it applies to corporate taxpayers.