S corporations: planning for FTCs. (foreign tax credits): An article from: The Tax Adviser

This digital document is an article from The Tax Adviser, published by American Institute of CPA's on July 1, 1992. The length of the article is 1219 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Subchapter S corporations should plan carefully to permit the use of foreign tax credits (FTCs) when expanding to other countries. Limitations on S corporations include ownership restrictions, passing through of foreign taxes, and the exclusion from using deemed paid FTCs. Options including branch firms and hybrid formats owned by the S corporation in the US but acting as another type elsewhere, as well as IRS rulings on various issues are also covered.

Citation Details
Title: S corporations: planning for FTCs. (foreign tax credits)
Author: Simon J. Beaumont
Publication:The Tax Adviser (Magazine/Journal)
Date: July 1, 1992
Publisher: American Institute of CPA's
Volume: 23 Issue: n7 Page: 452(2)

Distributed by Thomson Gale