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U.S. Treasury Official Urges Senate to Pass Pending Tax Treaties and Protocols

02 November 2015

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Treaty Development

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United States-Chile-Hungary-Poland-Japan-Luxembourg-Spain-Switzerland-OECD

On 29 October 2015, Treasury Deputy Assistant Secretary for International Tax Affairs Robert Stack gave testimony before the U.S. Senate Foreign Relations Committee on the need for the Senate to swiftly pass pending tax treaties and protocols. The pending treaties include: The 2010 income and capital tax treaty with Chile, which is the first of its kind between Chile and the U.S.; The 2010 income tax treaty with Hungary, which will replace the 1979 treaty; and The 2013 income tax treaty with Poland, which will replace the 1974 treaty. Then pending protocols include: The 2013 protocol to the 2003 income...