sentences:  On the other hand, if Carpet Ltd had additional foreign source trading profits of £20,000, the FTC limit would be sufficient to use all of the German tax as credits, and UK tax after FTC would be £293,000.Thus, worldwide tax rate with FTC tends to be at a minimum the home country tax rate and at a maximum a foreign country tax rate, if higher.Differences in expense allocation rules and transfer pricing can impact this result.