When Is a Foreign Tax Creditable Under Sec. 901?Â The Tax Adviser'sÂ Â James A. Beavers, J.D., LL.M., CPA, CGMA, reports thatÂ 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. ...Read more ›
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