How tax incentives worldwide affect U.S. foreign tax credit

09/16/2013 | Tax Adviser, The

Tax incentives are often a major reason for a multinational company to choose a country in which to expand. Often, these incentives involve offsets or credits against tax due in that location. However, how the credit is generated and the refund procedure can affect the multinational's ability to take the foreign tax credit in the U.S.

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Tax Adviser, The