As a USA citizen, if I have an investment in a foreign country that does not have a tax treaty with the USA (such as Colombia) and that investment pays dividends and has tax withholding on those dividends in that country, can I claim that tax withholding as a foreign tax credit (via form 1116) on my USA tax return?
In article <Jd11RFbi8Eoq-pn2-BzSwOSq7lkyk@localhost> you write:
According to Publication 514, you should be able credit income tax withheld on dividends by any country except the ones on the sanctions list. Colombia is not on that list. There's no requirement that there be a tax treaty.
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