Tax amendments approved by Congress – foreign tax credit
On 14 January 2014, Bill 8874-05 was approved by the Congress. The Bill, which concerns amendments to the foreign tax credit and other tax measures, was submitted by the government on 9 April 2013.
The amendments, effective from 1 January 2014, are as follows:
- | The indirect foreign tax credit is also granted with respect to taxes paid by subsi… |