Match the definition with the correct term. Not all of the terms have a match. A definition can be used more than once.
a.Indirect credit
b.Direct credit
c.One
d.Two
e.Ten
f.Twenty
g.Gross-up (§ 78)
h.Overall foreign loss
-A deemed paid foreign tax credit is included in gross income.

Question

Match the definition with the correct term. Not all of the terms have a match. A definition can be used more than once.
a.Indirect credit
b.Direct credit
c.One
d.Two
e.Ten
f.Twenty
g.Gross-up (§ 78)
h.​Overall foreign loss
-A deemed paid foreign tax credit is included in gross income.

Quizplus · Accepted Answer

The Answer of Match the definition with the correct term. Not all of the terms have a match. A definition can be used more than once.
a.Indirect credit
b.Direct credit
c.One
d.Two
e.Ten
f.Twenty
g.Gross-up (§ 78)
h.​Overall foreign loss
-A deemed paid foreign tax credit is included in gross income.

Match the Definition with the Correct Term