U.S. high court will consider case on foreign tax credit

01/14/2013 | Tax Adviser, The

The U.S. Supreme Court has agreed to hear a case that delves into the contentious issue of when taxpayers are eligible to claim a foreign tax credit under Section 901 of the U.S. tax code. A ruling by the court would clarify part of the provision that has been litigated for decades.

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Tax Adviser, The