What FOREIGN TAX CREDIT OR DEDUCTION means: A credit or deduction available to a U. S. citizen or resident alien, and in limited circumstances to a U. S. nonresident alien, who incurs or pays income taxes to a country other than the United States.
- Definition Fringe Benefits:
- Dictionary benefits received by an employee in addition to salary. Examples include educational assistance, moving expense reimbursement, stock options, and dependent care assistance. Some fringe benefits (for foreign tax credit or deduction definition.
- Definition Federal Income Tax Withheld:
- Dictionary The amount withheld from an income and submitted by the payer to the IRS as an advance payment of the taxpayer's federal income tax foreign tax credit or deduction explain.
- Definition Finance Charges:
- Dictionary Amounts paid for the privilege of making purchases on a deferred-payment basis foreign tax credit or deduction what is.
- Definition FICA (Federal Insurance Contributions Act):
- Dictionary provides for social security and Medicare benefits. This program is financed by payroll taxes imposed equally on the employer and the employee. See our Social Securty Wages and Earnings Base for the foreign tax credit or deduction meaning.
How works Foreign Tax Credit or meaning in Tax definitions F .
