U.S. IRS Updates Practice Units on Individual Foreign Tax Credits and Additional Child Tax Credit Claims for U.S. Persons Residing Abroad

The U.S. IRS has released three updated international practice units concerning individual foreign tax credits and additional child tax credit claims for U.S. persons residing abroad:
- Sourcing of Multi-Year Compensation Arrangements Including Stock Options for FTC Limitation, which deals with the FTC limitation for multi-year compensation arrangements that companies provide to employees trans…