: Allow taxpayers to reduce their domestic tax liability by the amount of taxes paid to a foreign government.
: Bilateral agreements that determine which country has the primary right to tax specific types of income (e.g., dividends, interest, royalties). INTERNATIONAL TAXATION
: Designed to prevent taxpayers from deferring tax on mobile income by shifting it to foreign "controlled" corporations. : Allow taxpayers to reduce their domestic tax
UN Model Tax Convention : Provides more taxing rights to "source" (developing) countries. : INTERNATIONAL TAXATION