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 Foreign Tax Credit Internal Revenue Service Fill Out and 2021

It 612 2021-2025 Form

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Instructions and help about Foreign Tax Credit Internal Revenue Service Fill Out And

hey everyone welcome I'm Phil hoden and welcome to the very last hodin Law PC International tax lunch of calendar year of Our Lord 2023 we do this almost every month on the last Friday of the month at noon Pacific time this week this month we're week early because the last Friday it was it collides with Thanksgiving and we're going to skip December because that collides with Christmas so um next time we get together will be the end of January you can listen in online what you're doing now or later we get it recorded and we'll have get the recording and post it up on YouTube and you can watch it then this month's topic is uh foreign tax credits as you can see from the slide uh so you know control foreign corporations they're corporations they do business frequently they're in countries that have income tax and they pay tax tax how can you take advantage of that tax paid at the CFC level uh to offset us tax liability for the

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