The year 2014 is soon coming to an end. That means tax time is around the corner. End of the year tax tips are always greatly appreciated, especially ones that can help...
Deemed Paid Foreign Tax Credit U.S.A
If a domestic Corporation receives dividends from foreign Corporation it usually cannot claim a deduction for dividends received. These dividends...
Some people rather complete the tax return themselves as opposed to having a professional tax preparer do the job for them. Most individuals are not aware that tax preparation fees...
Refer Code section 904: Limitation on Credit:
Source of income rules play a very vital role when it comes to computation of foreign tax credits limitation of a taxpayer. If foreign...