What are excess foreign tax credits? How are they created and how can companies use them?

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International Accounting

ISBN: 978-0077862206

4th edition

Authors: Timothy Doupnik, Hector Perera

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Question Posted: Nov 26, 2015 12:54 AM

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What are excess foreign tax credits? How are they created and how can companies use them?

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An excess foreign tax credit is created when the amount of taxes paid to the foreign government o...View the full answer

International Accounting

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