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Europe Daily Bulletin No. 7768

29 July 2000
Contents Publication in full By article 10 / 32
GENERAL NEWS / (eu) eu/united state/wto
New American plan to respect WTO ruling on tax system for "foreign sales corporations" are carefully followed in Brussels

Brussels, 28/07/2000 (Agence Europe) - The European Commission "closely following" the legislative process underway in the United States that must respect the World Trade Organisation ruling against the tax system for "Foreign Sales Corporations", whose deadline is next 1 October, indicated the spokesperson. While the new American reform plan had not yet been passed on to Brussels, the Secretary of State for the Treasury, Stuart Eizenstat, called on the EU to accept it so as to avoid an...

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