Experts seek a pathbreaking Budget

Nilesh Patel - CPA (USA), IRS , Last updated: 05 July 2014 Share Follow on Google News

I. International Tax Foreign Tax Credit Q. 1. Currently Taxpayers are unable to carry forward unutilized (excess) Foreign Tax Credit (FTC) to future years, and set off such unutilized FTC against the tax liability in the succeeding years. This results in a permanent loss of Credit to the Tax

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About the Author

Nilesh Patel - CPA (USA), IRS

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I am a Transfer Pricing and Corporate Tax Consultant,Trainer and Author. I am a Certified Public Accountant (CPA)from California Board of Accountancy, a Former Indian Revenue Service (IRS) Officer, and a Former Senior Manager, Deloitte. I have written a comprehensive Book on Domestic Transfer Pricing published by TAXMA ... Read more

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Experts seek a pathbreaking Budget

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