The foreign tax credit method followed by the United States is:

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The foreign tax credit method followed by the United States is to grant the parent firm credit against its U.S. tax liability for taxes paid to foreign tax authorities on foreign-source income. This is done to prevent double taxation of income earned by a company both in the U.S. and in foreign countries. It allows multinational companies to take a credit for foreign taxes paid against their U.S. tax liability, reducing their overall tax burden.

The Foreign Tax Credit Method Followed by the United States