US Senate To Vote On Tax Treaty Protocols
by Mike Godfrey, Tax-News.com, Washington
16 July 2019
The United States Senate could soon approve ratification of four long-pending double tax avoidance treaty protocols.
The protocols are those approved by the Senate Foreign Relations Committee on June 25, 2019, which would amend existing tax treaties between the United States and Spain (signed in 2013), Switzerland (signed in 2009), Japan (signed in 2013), and Luxembourg (signed in 2009).
During the week beginning July 15, 2019, the Senate is to decide on whether they should be put to a vote, after Senate Majority Leader Mitch McConnell (R-KY) filed cloture motions on July 11.
The signed tax treaties must be approved by at least two-thirds of the full Senate.
An additional three double tax treaties, with Chile and Hungary (both signed in 2010) and with Poland (signed in 2013), remain pending.
To see today's news, click here.
Tax-News Reviews
A review and forecast of Cyprus's international business, legal and investment climate.
A review and forecast of Malta's international business, legal and investment climate.
A review and forecast of Jersey's international business, legal and investment climate.
A review of the latest budget news and government financial statements from around the world.
Stay Updated
Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.
By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.
To manage your mailing list preferences, please click here »
Network Blogs and Features
- EU And G7 Push Ahead With Anti-Avoidance Initiatives »
- No Avoiding Anti-Avoidance! »
- Jersey companies were UK tax resident, according to Court of Appeal »
- Tax Rate Horse-Trading Continues »
- What is 409A Valuation? When do you need a 409A valuation? »
- VAT Still Center-Stage »
- Indirect Tax Issues Of Interest »
- Countries Consider Post-COVID Building Blocks »
- VAT, GST, DST... ASAP? »
- Tax Reforms A-Go-Go »