Tax Sound Bytes: The ABCs of FTCs
Description
In the second episode of Tax Sound Bytes, a new podcast series from the Tax Practice Group covering issues affecting the taxation of the digital economy, Eversheds Sutherland welcomes Associate Hasnain Valika for a discussion about foreign tax credits (FTCs).
During their conversation, Hasnain covers what exactly a FTC is, including its inclusion in specific tax codes, and how new regulations issued in December affect credibility of certain FTCs and interact with the OECD’s Pillar I and II proposals. In addition, they discuss how the FTC regime would be changed by the Build Back Better Act.
The conversation concludes with the nontax question – if there was a book you could read over again for the first time, what would it be, and why?
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