Page 84 - International Taxation IRS Training Guides

Glossary of Terms

Acronym/Terms Definition

Property Tax Act
FIRPTA Foreign Investment Real

FP Foreign Parent

FSTI Foreign-Source Taxable Income

Credit
FTC Foreign Tax

GTOC Global Tax
Organizational Chart

IP Intellectual Property

IRC Internal Revenue Code

MNE Multinational Enterprise

Connected Income
NECI Non-Effectively

NRA Nonresident
Alien
Organisation for Economic Co-operation and
OECD
Development

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