_____ allows expatriates working abroad to claim taxes paid overseas on their US tax forms, reducing or eliminating double taxation.

Question

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The foreign tax credit is a provision of the US tax code that allows taxpayers to offset the taxes paid to a foreign government against their US tax liability. This eliminates or reduces double taxation for expatriates working overseas. The other options (A, B, C, and D) are not related to the elimination of double taxation for expatriates through foreign tax credit.

_____ Allows Expatriates Working Abroad to Claim Taxes Paid Overseas