The Resource How to lose a foreign tax credit, part I : disregarded transactions of a CFC
How to lose a foreign tax credit, part I : disregarded transactions of a CFC
Resource Information
The item How to lose a foreign tax credit, part I : disregarded transactions of a CFC represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in International Bureau of Fiscal Documentation.This item is available to borrow from 1 library branch.
Resource Information
The item How to lose a foreign tax credit, part I : disregarded transactions of a CFC represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in International Bureau of Fiscal Documentation.
This item is available to borrow from 1 library branch.
- Summary
- The risk of losing a foreign tax credit is particularly great when foreign taxes are imposed on transactions of a controlled foreign corporation (CFC) that result in income recognition for foreign law purposes where there is no analogous U.S. recognition event in the same year. In this vein, this article focuses on fact patterns involving foreign taxes imposed on transactions of a CFC that are disregarded for U.S. federal income tax purposes. A forthcoming article will focus on foreign taxes imposed as a result of transactions of a CFC that are regarded for U.S. federal income tax purposes but are treated differently for U.S. and foreign purposes, for example, because a transaction is a nonrecognition transaction for U.S. purposes but is a taxable transaction for foreign purposes
- Language
- eng
- Label
- How to lose a foreign tax credit, part I : disregarded transactions of a CFC
- Title
- How to lose a foreign tax credit, part I : disregarded transactions of a CFC
- Language
- eng
- Summary
- The risk of losing a foreign tax credit is particularly great when foreign taxes are imposed on transactions of a controlled foreign corporation (CFC) that result in income recognition for foreign law purposes where there is no analogous U.S. recognition event in the same year. In this vein, this article focuses on fact patterns involving foreign taxes imposed on transactions of a CFC that are disregarded for U.S. federal income tax purposes. A forthcoming article will focus on foreign taxes imposed as a result of transactions of a CFC that are regarded for U.S. federal income tax purposes but are treated differently for U.S. and foreign purposes, for example, because a transaction is a nonrecognition transaction for U.S. purposes but is a taxable transaction for foreign purposes
- Citation source
- In: International tax journal. - Riverwoods. - Vol. 47 (2021), no. 2 (March-April) ; p. 31-36
- http://bibfra.me/vocab/lite/collectionName
- How to lose a foreign tax credit
- http://library.link/vocab/creatorName
- Jenn, B.H
- Geographic coverage
- North America
- Language note
- English
- http://library.link/vocab/subjectName
-
- foreign tax credit
- CFC
- Label
- How to lose a foreign tax credit, part I : disregarded transactions of a CFC
- Label
- How to lose a foreign tax credit, part I : disregarded transactions of a CFC
Embed
Settings
Select options that apply then copy and paste the RDF/HTML data fragment to include in your application
Embed this data in a secure (HTTPS) page:
Layout options:
Include data citation:
<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.library.ibfd.org/portal/How-to-lose-a-foreign-tax-credit-part-I-/cwr-AxweRQ4/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.library.ibfd.org/portal/How-to-lose-a-foreign-tax-credit-part-I-/cwr-AxweRQ4/">How to lose a foreign tax credit, part I : disregarded transactions of a CFC</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.library.ibfd.org/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="https://link.library.ibfd.org/">International Bureau of Fiscal Documentation</a></span></span></span></span></div>
Note: Adjust the width and height settings defined in the RDF/HTML code fragment to best match your requirements
Preview
Cite Data - Experimental
Data Citation of the Item How to lose a foreign tax credit, part I : disregarded transactions of a CFC
Copy and paste the following RDF/HTML data fragment to cite this resource
<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.library.ibfd.org/portal/How-to-lose-a-foreign-tax-credit-part-I-/cwr-AxweRQ4/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.library.ibfd.org/portal/How-to-lose-a-foreign-tax-credit-part-I-/cwr-AxweRQ4/">How to lose a foreign tax credit, part I : disregarded transactions of a CFC</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.library.ibfd.org/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="https://link.library.ibfd.org/">International Bureau of Fiscal Documentation</a></span></span></span></span></div>
