Match the definition with the correct term.
a.Indirect credit
b.Direct credit
c.10 percent
d.50 percent
e.Section 78
f.Two
g.
Six
h.
Overall foreign loss
-Direct ownership level before a deemed paid foreign tax credit is allowed a U.S.owner of foreign corporation.

Question

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The Answer of Match the definition with the correct term.
a.Indirect credit
b.Direct credit
c.10 percent
d.50 percent
e.Section 78
f.Two
g.
Six
h.
Overall foreign loss
-Direct ownership level before a deemed paid foreign tax credit is allowed a U.S.owner of foreign corporation.

Match the Definition with the Correct Term