Foreign Business Tax Relief

Add Business Tax Foreign Tax Relief by Credit

1. Open the Business Tax Foreign Tax Relief by Credit section in the tax return data entry menu.

2. In Name of business enter the name of your company that relief is being claimed for.

3. Use the Country pull-down to select the country that the tax was paid in.

4. Complete the following:
   
   Profit:

• Enter the gross profit made.
  
  Foreign tax :
• Enter the total tax paid to the foreign country.

5. Click Save and Close.