U.S. Senate panel approves eight international tax treaties

Reuters News
Posted: Nov 10, 2015 10:08 AM

WASHINGTON (Reuters) - The U.S. Senate Foreign Relations Committee on Tuesday approved eight long-delayed international tax treaties, which had been held up for years because of one Republican senator's objections, despite support from companies that want consistency in rules for how to do international business.

The treaties are with Switzerland, Luxembourg, Hungary, Chile, Spain, Poland and Japan and the international convention on mutual assistance on tax matters.

(Reporting by Patricia Zengerle; Editing by Doina Chiacu)