On August 10, 2010, the U.S. President, Barack Obama, signed state aid legislation1 the Act that includes several international tax provisions, two of which are of particular interest to individual taxpayers. The two provisions are: 1 a technical correction to the statute of limitations rules recently amended under the Hiring Incentives to Restore Employment HIRE Act,2 and 2 the creation of new foreign tax credit limitation baskets for income resourced under an income tax treaty.