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Europe Daily Bulletin No. 7843

17 November 2000
GENERAL NEWS / (eu) eu/united states
US authorities believe tax regime replacing FSC is fully conform to WTO conclusions

Washington, 16/11/2000 (Agence Europe) - The reform of the Foreign Sales Corporations regime, condemned by Geneva, "fully addresses the WTO's panel's findings and should put an end to this matter", said the US Trade Representative, who welcomed the adoption of the new legislation by Congress (see yesterday's EUROPE, p.11). According to Charlene Barshefsky, "the strong bipartisan support to pass the FSC repeal and replacement legislation demonstrates the United States' commitment to abide by...

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