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A credit is allowed for foreign income taxes paid or accrued. The money is limited to that part of Oughout.S. tax due to foreign source income. It's not refundable, but any excess credit could be carried to other years to reduce tax. almidrar.com When big amounts of tax due are involved, this normally requires awhile for only a compromise turn out to be agreed. Taxpayer should be suspicious with this situation, while it entails more expenses since a tax lawyer's service is inevitably considered necessary.

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