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- 06:27, 30 October 2025 HalleyFoletta38 talk contribs created page When Is A Tax Case Considered A Felony (Created page with "<br>A credit is allowed for foreign income taxes paid or accrued. The finance is limited to that part of U.S. tax due to foreign source income. It isn't refundable, but any excess credit become carried to other years to reduce tax.<br><br>The federal income tax statutes echos the language of the 16th amendment in stating that it reaches "all income from whatever source derived," (26 USC s. 61) including criminal enterprises; criminals who to be able to report their incom...")