The U.S. foreign tax credit for corporate taxpayers
- Bulletin for International Taxation, 2001 (Volume 55), No 9
- 01 Sep 2001
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.