1. Corporate Tax due under Article (3) of this Decree-Law can be reduced by the amount of Foreign Tax Credit for the relevant Tax Period. 2. The Foreign Tax Credit under this Decree-Law cannot exceed the amount of Corporate Tax due on the relevant income. 3. Any unutilized Foreign Tax Credit as a result of Clause (2) of this Article cannot be carried forward or carried back. 4. A Taxable Person shall maintain all necessary records for the purposes of claiming a Foreign Tax Credit.
Interpretation and application must be checked against the official text and current version.