Statement on Senate Ratification of the Tax Treaty Protocols

July 17, 2019

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Nancy McLernon, OFII President & CEO, issued the following statement after the Senate ramification of the tax treaty protocols:

"I applaud the Senate’s strong bipartisan support for increasing America’s economic competitiveness by preventing double taxation of companies operating in the United States. More than a million Americans earn a paycheck from a company headquartered in one of these treaty partner countries.  It is my hope the Senate will take up the remaining three tax treaties this year, and I applaud Leader McConnell, Chairman Risch and Ranking Member Menendez for their leadership on this issue."

Nancy McLernon