Every province and territory 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 ...

and Foreign Currency Account FCA are allowed. This was captured in statement issued by the Central Bank. According to the statement, OTC cash withdrawal in FEA and FCA is allowed. This is in line ...

and Foreign Currency Accounts (FCA) are allowed. A statement issued in Accra and signed by Ms Sandra Thompson, the Bank’s Secretary, said for non-FEA and non-FCA account holders, forex purchases for ...

7. We have heard the rival contentions and perused the record placed before us. In the instant appeal, Foreign Tax Credit claim of Rs.8,60,645/- has not been allowed to the assessee on account of ...

Foreign Tax Credit (FTC) is a mechanism to provide relief to the taxpayers ... taxation of income through tax evasion or avoidance, credit of foreign taxes is allowed. 3. Additionally, in case of ...