Bloomberg BNA Quotes David Rosenbloom on Luxembourg and U.S. Working on Treaty Language
Bloomberg BNA spoke with H. David Rosenbloom concerning the U.S. Treasury's announcement on June 22 that good efforts are being made to amend the language in the Luxembourg-U.S. tax treaty which would block companies from evading taxes in both counties. Mr. Rosenbloom commented how both the U.S. and Luxembourg should consider a competent authority agreement. “The problem is the way they interpret the permanent establishment language,” Mr. Rosenbloom said. “If that's the problem, it doesn't require a protocol to fix.” To view the complete article, please visit Bloomberg BNA's website (subscription required).