US Senate passage of tax treaty with Spain positive, NAS says

The United States Senate's passage of a tax treaty protocol with Spain will unlock large investments in North American Stainless' (NAS) facility in Ghent, Kentucky, the company said on Tuesday July 16.

This tax protocol - like similar protocols with Switzerland, Japan and Luxemburg - allows US companies with foreign investors (in this case in Spain) to avoid double taxation. “At a time when Chinese stainless steel producers are...

Published

Yvonne Li

July 17, 2019

21:49 GMT

New York