Phrases with «foreign tax»

"Foreign tax" refers to the taxes that individuals or businesses must pay to a foreign government on income or profits earned outside of their own country. It is a tax levied by a foreign country, based on their tax laws and regulations. Full definition

tax (parent phrase)
foreign (parent phrase)

foreign tax

Related phrases

foreign tax credit
foreign income taxes
foreign withholding taxes
foreign buyer tax
foreign taxes paid

Sentences with «foreign tax»

That is the exact scenario where taking a deduction for foreign tax credit can be helpful. (money.stackexchange.com)
There are numerous other credits, including credits for the installation of energy - efficient equipment, a credit for foreign taxes paid and a credit for health insurance payments in some situations. (smartasset.com)
If you're able to make full use of it, you'll get a larger tax benefit than if you claim a deduction for foreign tax paid. (fairmark.com)
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Phrases with «foreign tax»

Related phrases

Sentences with «foreign tax»

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