Offshore Business - Pay Low Tax: Difference between revisions
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Revision as of 19:39, 25 July 2026
A credit is allowed for foreign income taxes paid or accrued. The loan is limited certain part of U.S. tax due to foreign source income. It is not refundable, but any excess credit could be carried to other years to reduce tax.
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Also word memek that employment that is actually in another state, a mobile auto glass installation for example, is subject to it states income tax. Not your own state.
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