Medi Assist Healthcare IPO

Explore
Open Demat Account Login
Finance Wiki
Trending Categories
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
#

Taxes

Credit, foreign tax

Double taxation is a common concern for businesses operating in multiple countries. To alleviate this issue, there is a method known as the foreign tax credit. Essentially, if income is taxed in both the recipient's country and the foreign country, the foreign tax paid can be used as a credit to offset the domestic tax owed. This ensures that the entity's earnings are not excessively taxed and promotes fairness in international taxation. However, this credit is often limited to the amount of domestic tax and cannot be carried over to future years if the foreign tax is higher.
Explore other categories
IPO
All terms and concepts related to the process in which a private company offers its shares to the pu
Learn More
Investments that provide regular, fixed payments, such as bonds and treasury bills.
Learn More
All terminology and concepts related to various tax types, tax laws, and taxation principles.
Learn More
All terms related to a company selling its shares or bonds to the public for the first time (IPOs) o
Learn More
Terms related to decisions and events initiated by a company that can impact its stock, such as divi
Learn More
All terms related to investments like bonds or treasury bills that provide regular, fixed payments,
Learn More
The "Property" category in finance encompasses all aspects related to real estate and tangible asset
Learn More
All terms and concepts related to the precious metal gold, including its price, trading, investment,
Learn More
All terms and concepts related to the process of saving and investing to ensure financial security a
Learn More
All terms and concepts related to the use, features, and management of payment cards allowing users
Learn More
Enjoy Zero Brokerage On Stock Investments
Send App Link