{"id":1699,"date":"2025-03-04T16:33:40","date_gmt":"2025-03-04T16:33:40","guid":{"rendered":"https:\/\/www.it.horizoncons.com\/?p=1699"},"modified":"2025-03-22T16:45:08","modified_gmt":"2025-03-22T16:45:08","slug":"limits-foreign-tax-credit","status":"publish","type":"post","link":"https:\/\/www.it.horizoncons.com\/en\/limits-foreign-tax-credit\/","title":{"rendered":"Limits on the Foreign Tax Credit"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"819\" height=\"1024\" src=\"https:\/\/www.it.horizoncons.com\/wp-content\/uploads\/2025\/03\/Credito-dimposta-Limiti-819x1024.jpeg\" alt=\"\" class=\"wp-image-1695\" srcset=\"https:\/\/www.it.horizoncons.com\/wp-content\/uploads\/2025\/03\/Credito-dimposta-Limiti-819x1024.jpeg 819w, https:\/\/www.it.horizoncons.com\/wp-content\/uploads\/2025\/03\/Credito-dimposta-Limiti-240x300.jpeg 240w, https:\/\/www.it.horizoncons.com\/wp-content\/uploads\/2025\/03\/Credito-dimposta-Limiti-768x960.jpeg 768w, https:\/\/www.it.horizoncons.com\/wp-content\/uploads\/2025\/03\/Credito-dimposta-Limiti.jpeg 1080w\" sizes=\"(max-width: 819px) 100vw, 819px\" \/><\/figure>\n\n\n\n<p>The foreign tax credit cannot exceed the amount of Italian tax theoretically due on the same income. <\/p>\n\n\n\n<p>In other words, the maximum recognized amount is equal to the portion of Italian tax corresponding to the foreign income. <\/p>\n\n\n\n<p>If the tax paid abroad exceeds this limit, the excess cannot be recovered, unless specific provisions allow for it to be carried forward to future periods.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The foreign tax credit cannot exceed the amount of Italian tax theoretically due on the same income. In other words, the maximum recognized amount is equal to the portion of Italian tax corresponding to the foreign income. If the tax paid abroad exceeds this limit, the excess cannot be recovered, unless specific provisions allow for [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1697,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1699","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-non-categorizzato"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Limits on the Foreign Tax Credit<\/title>\n<meta name=\"description\" content=\"If the tax paid abroad exceeds this limit, the excess cannot be recovered, unless provisions allow for it to be carried forward.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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