Country A |
Country B |
Total |
|
Pretax Income |
100 |
100 |
200 |
Tax Rate |
30 % |
10 % |
|
Tax |
30 |
10 |
40 |
Limitation US Inclusion |
100 |
100 |
200 |
Limitation |
21 % |
21 % |
21 % |
FTC Limitation |
21 |
21 |
42 |
FTC Available |
30 |
10 |
40 |
FTC |
21 |
10 |
40 |