How is the foreign tax credit limitation determined? How does worldwide averaging work? If the firm had

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How is the foreign tax credit limitation determined? How does worldwide averaging work? If the firm had no plans to repatriate income from a low- tax country, would it be advisable to do so if foreign tax credit carry forwards from the repatriation of income from high- tax countries were about to expire?
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Taxes And Business Strategy A Planning Approach

ISBN: 9780132752671

5th Edition

Authors: Myron Scholes, Mark Wolfson, Merle Erickson, Michelle Hanlon

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