Pages tagged "NIIT"
The Net Investment Income Tax is double taxation for US citizens overseas
ACA advocates for the use of foreign tax credits to offset this supplemental tax...
Court Rules that Foreign Tax Credits can be used to offset the Net Investment Income Tax (NIIT)
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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