A credit is allowed for foreign income taxes paid or accrued. The financing is limited certain part of U.S. tax due to foreign source income. It is not refundable, but any excess credit could be carried to other years to reduce tax. Aside over obvious, rich people can't simply ask about tax help with debt based on incapacity expend. IRS won't believe them at any. They can't also declare bankruptcy without merit, to lie about might mean jail for associated with them. By doing this, it beco...