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A U.S. taxpayer may take a current FTC equal to the greater of the FTC limit or the actual foreign taxes (direct or indirect) paid or accrued.
Adjacent
Next to or beside.
Hypotenuse
The largest side of a right-angled triangle, positioned opposite to the right angle.
Sine
The angular relationship of the opposite side of a right triangle and the hypotenuse.
Opposite
Across from.
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