If a U.S. multinational remits profits from two different countries, one in a high-tax environment and the other in low-tax environment, excess foreign tax credits can be cross-credited against the foreign tax deficits of the other True False If a U.S. multinational remits profits from two different countries, one in a high-tax environment and the other in low-tax environment, excess foreign tax credits can be cross-credited against the foreign tax deficits of the other True False