AICPA Releases Statement on Ratification of Tax Treaties

July 17, 2019

Washington, D.C. (July 17, 2019) – American Institute of CPAs (AICPA) Vice President of Taxation, Edward Karl, applauded actions taken by the United States Senate in a statement following the ratifications of international tax treaties with Spain, Switzerland, Japan and Luxembourg:

“The AICPA is pleased with the actions taken by the United States Senate yesterday to ratify four important international tax treaties. The AICPA has advocated for the ratification of these treaties for many years and we look forward to continued progress as the Senate works to pass the remaining three treaties. The ratification of these treaties is essential to U.S. taxpayers to provide certainty and important support to the U.S. economy.”

(Read AICPA’s previous statement, “AICPA Urges U.S. Senate to Confirm Bilateral Income Tax Treaties and Protocols”)