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    Business
  3. Study Set
    Federal Taxation
  4. Exam
    Exam 12: Tax Credits and Payments
  5. Question
    In Computing the Foreign Tax Credit, the Greater of the Foreign
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In Computing the Foreign Tax Credit, the Greater of the Foreign

Question 25

Question 25

True/False

In computing the foreign tax credit, the greater of the foreign income taxes paid or the overall limitation is allowed.

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