Treasury Aims to Negotiate New Tax Treaties By End of 2020

The Treasury Department hopes to negotiate and finalize new tax treaties with countries before the end of next year, a top department official said.

The goal is to send them to the Senate by the end of 2020, David Kautter, assistant secretary for tax policy at Treasury, said Dec. 20 at a conference sponsored by George Washington University Law School, the IRS, and the Treasury Department. He declined to name the countries involved in the talks.

• In addition, Treasury hopes the Senate next year will approve treaties with Chile, Hungary, and Poland that are currently pending on Capitol Hill, ...