Statements (23)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:tax_law
|
| gptkbp:appliesTo |
U.S. taxpayers
taxes paid to a foreign government |
| gptkbp:canBeCarriedBack |
1 year
|
| gptkbp:canBeCarriedForward |
10 years
|
| gptkbp:cannotExceed |
U.S. tax liability on foreign income
|
| gptkbp:category |
international taxation
|
| gptkbp:country |
gptkb:United_States
|
| https://www.w3.org/2000/01/rdf-schema#label |
foreign tax credit
|
| gptkbp:notAllowedFor |
taxes not based on income
taxes paid to certain countries |
| gptkbp:prohibits |
foreign tax credit limitation
|
| gptkbp:publicLawNumber |
IRS Form 1116
|
| gptkbp:purpose |
avoid double taxation
|
| gptkbp:regulates |
gptkb:Internal_Revenue_Service
|
| gptkbp:relatedTo |
foreign earned income exclusion
double taxation treaties |
| gptkbp:usedBy |
corporations
individuals estates trusts |
| gptkbp:bfsParent |
gptkb:global_intangible_low-taxed_income_(GILTI)
|
| gptkbp:bfsLayer |
6
|