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 Flexible Spending Account:
- Dictionary A method of paying for benefits under a cafteria plan through salary reductions. Also see "Cafteria Plan." foreign tax credit or deduction definition.
- Definition First In, First Out (FIFO):
- Dictionary method for determining the cost of inventories. Under this method, the first items purchased are treated as being the first items sold. Ending inventory is valued using the cost of later purchases foreign tax credit or deduction explain.
- Definition Fiduciary:
- Dictionary One who acts for an estate or trust to manage the property of the estate or trust foreign tax credit or deduction what is.
- Definition Fair Rental Value:
- Dictionary owner of property could reasonably expect to receive from a stranger for the same type of lodging; generally, the amount at which a home with its furnishings could be rented to a similar size family foreign tax credit or deduction meaning.
How works Foreign Tax Credit or meaning in Tax definitions F .
