I think you're referring to a foreign tax credit. It's a concept that many jurisdictions have adopted by which you are credited in one jurisdiction for the tax you paid on income in another to avoid being taxed twice for the same income.
A foreign tax credit is a credit for anyone who has worked in another country. Foreign trade credit is an insurance against currency changes for businesses that sell products to foreign countries.
A foreign tax credit reduces the amount of tax you owe dollar for dollar based on the foreign taxes you've paid. A foreign tax deduction reduces your taxable income, which can lower your overall tax bill but not as directly as a credit.
Yes Philippine gas stations accept foreign credit cards such as VISA, American Express, Mastercard. However, not all gasoline stations in the Philippines accept foreign credit cards. Most gasoline stations at major cities and provinces accept foreign credit cards.
American Express is the credit card that has exactly 15 digits in its card number.
Pre-shipment Credit in Foreign Currency is referred to as PCFC in the Indian banking circles. Some times referred to as Packing Credit in Foreign Currency.
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The "Aqua Credit Card" is a credit card that helps repair bad credit. It is often used for people who obtain a poor credit score.
LC is Letter of credit
by Letter of Credit LC
The foreign exchange rate for the Capital One Quicksilver credit card varies and is typically around 3 of the transaction amount.
It is when a company is seeking information about credit worthness of a foreign buyer
office foreign assets control