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View Full Version : Tax liaibility after foreign tax credit


llwadley
Nov 17, 2006, 11:59 AM
Help me compute US tax liaibility after foreign tax credit

AtlantaTaxExpert
Nov 17, 2006, 08:10 PM
Need dollar figures?

llwadley
Nov 19, 2006, 08:47 PM
Foreign corporation distribution of $100,000 from earnings and profits that have been previously taxed, No taxes are withheld on the dividend payment, there is $400,000 from other sources

AtlantaTaxExpert
Nov 20, 2006, 07:56 PM
How much was the tax on the $100K from the foreign corporation, and which country taxed it?