Am I missing something?
Hmm, SARBlade's explanation sounds different from what I understand the process to be. the way I understand it is that CHC gives you the OETC benefit but takes back the foreign tax credit. The way I figure it, if you worked in a country with low taxes and your foreign tax credit isn't much to speak of getting the OETC benfit would be huge. Canada has some pretty massive taxes. So i'm betting those who worked most everywhere else would probably be better off with the OETC than the foreign tax credit. Right?
bb - did you speak with the CHc tep people about this? I called them on a question or two and they didn't sound like they had heard too many negatives on this thing.