Foreign tax credit
id:
foreign-tax-credit-240-374050
title:
Foreign tax credit
text:
A foreign tax credit (FTC) is generally offered by income tax systems that tax residents on worldwide income, to mitigate the potential for double taxation. The credit may also be granted in those systems taxing residents on income that may have been taxed in another jurisdiction. The credit generally applies only to taxes of a nature similar to the tax being reduced by the credit and is often limited to the amount of tax attributable to foreign source income. The limitation may be computed by c
brand slug:
wiki
category slug:
encyclopedia
description:
Type of tax credit
original url:
https://en.wikipedia.org/wiki/Foreign_tax_credit
date created:
date modified:
2024-04-24T23:13:36Z
main entity:
{"identifier":"Q5468604","url":"https://www.wikidata.org/entity/Q5468604"}
image:
fields total:
13
integrity:
14