Relief from double taxation: The treatment of foreign
tax paid for individuals at the state level.
by Sherman, W. Richard^Brinker, Thomas M.
excess Canadian provincial
taxes over allowed Federal
Foreign Tax Credit
VA Specific exclusion of foreign
source income included in
Federal AGI
WA (1)
WV
WI
WY (1)
DC
(1)No State Income Tax.
Endnotes
(1.) Typical of the limitation of credit for taxes paid to other
States is included in the instruction to Illinois' Schedule CR:
"For purposes of this schedule, 'state' means any state
of the United States, the District of Columbia, the Commonwealth of
Puerto Rico, any territory or possession of the United States, or
political subdivision of any of these (e.g., county, city). The term
'state' does not refer to any foreign country.
W Richard Sherman, JD, LLM, CPA, is Associate Professor of
Accounting at Saint Joseph's University in Philadelphia, PA. Thomas
M. Brinker, Jr., JD, MS, CPA, is Associate Professor of Accounting at
Arcadia University in Glenside, PA.
COPYRIGHT 2002 National Society of Public
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