To Lessen or Eliminate the Effect of Multiple Taxation, a Taxpayer

question 158

True/False

To lessen or eliminate the effect of multiple taxation, a taxpayer who is subject to both foreign and U.S.income taxes on the same income is allowed either a deduction or a credit for the foreign tax paid.

---

Definitions:

Scoliosis

A condition characterized by an abnormal lateral curvature of the spine.

Zygomatic Bones

The paired bones that form the prominent part of the cheeks and the outer side of the eye socket.

Parietal

Bones that form most of the top and sides of the skull.

Temporal

Bones that form the lower sides of the skull.