Earned Income Tax Credit in the United States

Earned Income Tax Credit (eitc) in the International Business Landscape

Definition of Earned Income Tax Credit (eitc) in the context of U.S. international business and public trade policy: Federal legislation permitting payroll tax reduction for the working poor, who are allowed to pay lower taxes (a tax credit) as a result of income level and family size. Amended several times since 1975 as a means of providing federal cash assistance to persons whose income falls below the poverty line.