Pages tagged "foreign tax credits"
Court Rules that Foreign Tax Credits can be used to offset the Net Investment Income Tax (NIIT)
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on Latest News
by Marylouise Serrato
· October 30, 2023 5:35 AM
A Federal Court decision was handed down on October 24, 2023 which will allow a US couple living in France to use the US-France tax treaty to claim foreign tax credits (FTC) against their net investment income tax liability (NIIT). The case, Christensen v. United States, argued...
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