An indirect foreign tax credit arises when:

A.	taxes paid by a parent on foreign branch income is deducted from taxes owed to the parent's home country.

B.	taxes paid by a foreign subsidiary are taken as a credit against a parent's taxes when dividends are received from the subsidiary.

C.	taxing jurisdictions agree to share the taxes paid by a foreign subsidiary.

D.	a foreign taxing jurisdiction does not tax a subsidiary within its jurisdiction and allows the parent country to tax the foreign source income.