Question: 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-

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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