外がい国こく税ぜい額がく控こう除じょ

noun

foreign tax credit

A tax term referring to the system that reduces domestic tax liability by the amount of foreign taxes already paid, to avoid double taxation.

• 外がい国こく税ぜい額がく控こう除じょを適てき用ようすると、二に重じゅう課か税ぜいを避さけられます。

  By applying the foreign tax credit, you can avoid double taxation.