CCA 200848062
Citizens or Residents of the United States Living Abroad
ID: CCA_2008073115064716 Number: 200848062
Release Date: 11/28/2008
Office: ---
UILC: 911.00-00
From: ---
Sent: Thursday, July 31, 2008 3:06:53 PM
To: ---
Cc:
Subject: RE: 2555 question
---
The short answer to your question is yes. Electing the foreign tax credit in lieu of the foreign earned income exclusion constitutes a revocation of the foreign earned income exclusion.
Source: view the official PDF
Nearby sections (25 sections)
- cca-200850027 · Excess Inclusions
- cca-200850019 · Employers v. Not Employers
- cca-200850012 · Covered Employees
- tam-200849015 · Accrual Method
- cca-200849014 · Deductions For Losses
- cca-200849013 · Tax On Insurance Companies Other Than Life Insurance…
- cca-200849012 · Foreign Personal Holding Company Income
- cca-200849001 · LIENS: Priority over security interests
- cca-200848076 · Recordkeeping and Return Requirements
- cca-200848071 · Taxes Covered
- cca-200848068 · Transferee Liability
- cca-200848065 · Contractors or Other Persons
- cca-200848062 · Citizens or Residents of the United States Living Abroad
- cca-200848061 · Tax Matters Partner
- cca-200848058 · Citizens or Residents of the United States Living Abroad
- cca-200848057 · Disclosure to Persons Having Material Interest
- cca-200848056 · Wages Subject to Withholding
- cca-200848055 · Treatment of Certain Transferees
- cca-200848046 · Certificate of Discharge
- cca-200848041 · Employees
- cca-200848036 · Employer ID Numbers
- cca-200848032 · Competent Authority Proceedings
- cca-200848031 · Tax Protest Cases
- cca-200848030 · Declaration of Estimated Income Tax by Individual…
- cca-200848029 · Net Rate Interest Netting - Overpaid Estimated Taxes