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Capital Gains Tax — foreign tax credit calculation

Started by confused_dev_legal · Jun 28, 2025 · 930 views · 17 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
CD
confused_dev_legal OP

Has anyone dealt with something like this? I'm not sure what my options are.

foreign tax credit calculation. I've been dealing with this for about 13 weeks now and the situation isn't improving.

I have already tried to resolve this directly but got conflicting advice.

What are my legal options here? Is it worth pursuing?

TL
Mod_TermsLaw Moderator

I specialize in this area of law. Here's my take on the legal issues.

There are several legal theories that could apply here. The strongest is probably the relevant statute, which requires showing actionable.

Before taking legal action, consider sending a formal demand letter. In many cases, this alone resolves the issue.

DD
desperate_dev_help

NAL, but from what I've read, you should send a written demand. That said, definitely get a lawyer to look at the specifics.

WC
worried_creator_NY

Following this thread — I'm in a very similar situation. Would love to hear how it turns out.

HM
help_me_contractor_OH

Just want to point out — the statute of limitations might be a factor here. In some states it's as short as 1-2 years. Don't sit on this too long.

NL
NursePractitioner_LA

I've dealt with this before.

The biggest mistake people make in this situation is escalating to a supervisor/manager. I'd recommend following the formal complaint procedure instead.

JC
just_curious_trader_question

This happened to me too. Have you tried filing a complaint with the relevant agency? In my case they investigated and it got resolved without needing a lawyer.

NB
newbie_buyer_TX

Following this thread — I'm in a very similar situation. Would love to hear how it turns out.

CT
CryptoTrader_2023

Been there. Here's what I learned.

What worked for me was escalating to a supervisor/manager. It took 1-3 months but was worth it.

NR
NurseUnion_Rep

Been there. Here's what I learned.

I ended up filing with the appropriate government agency, which cost about $4-8 but saved me a lot more in the long run.

AF
asking_for_friend_buyer_today

Have you tried reaching out to your state's bar association? They sometimes have free resources or mediation services.

WS
worried_student_TX

I work in this industry and unfortunately this is very common. The good news is that when people actually push back with legal representation, companies usually settle.

PN
Photographer_NYC

I've seen this play out several times in my field.

The biggest mistake people make in this situation is escalating to a supervisor/manager. I'd recommend following the formal complaint procedure instead.

WB
worried_buyer_advice

Following this thread — I'm in a very similar situation. Would love to hear how it turns out.

SA
seeking_advice_seller_question

This happened to me too. Have you tried filing a complaint with the relevant agency? In my case they investigated and it got resolved without needing a lawyer.

FP
frustrated_parent_TX

NAL, but from what I've read, you should send a written demand. That said, definitely get a lawyer to look at the specifics.

RM
RestaurantOwner_Miami

Been there. Here's what I learned.

What worked for me was filing with the appropriate government agency. It took 4-8 months but was worth it.

LT
LandlordTom_TX

Not a lawyer, but I have direct experience with this.

In my case, it took about 3-6 months to resolve. The key was having everything documented.

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