Tax Credit
Foreign Tax Credit
British Columbia allows a corporation to claim a foreign tax credit for taxes it paid to another country on foreign non-business income.
- 4.5/5.0
- British Columbia. Finance
- All levels
- Last updated 1 month ago
- English
Description
British Columbia allows a corporation to claim a foreign tax credit for taxes it paid to another country on foreign non-business income.- This credit reduces the provincial tax otherwise payable.