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please solve this problem Current year foreign taxes paid exceed the ceiling based on U.S. tax attributable to foreign source income. These excess foreign tax
please solve this problem
Current year foreign taxes paid exceed the ceiling based on U.S. tax attributable to foreign source income. These excess foreign tax credits
can be carried back one year and then carried forward twenty years. | ||
can be carried back one year and then carried forward ten years. | ||
are lost. | ||
can be carried forward ten years only. |
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