How can one reduce excess foreign tax credits by transforming domestic income into foreign income? Which additional

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How can one reduce excess foreign tax credits by transforming domestic income into foreign income? Which additional tax rules can be applied to prevent such tactics?

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International Finance Putting Theory Into Practice

ISBN: 978-0691136677

1st edition

Authors: Piet Sercu

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Question Posted: Aug 07, 2017 09:46 AM

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How can one reduce excess foreign tax credits by transforming domestic income into foreign income? Which additional

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For instance a US firm could replace its domestic USDdenominated bonds by foreignissued USD bon...View the full answer

International Finance Putting Theory Into Practice

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