U.S. Senate Working on Approval of Pending Tax Treaties and Protocols

U.S. Senate leaders are reportedly working on the approval of pending U.S. tax treaties and treaty protocols despite objections, primarily from U.S. Senator Rand Paul R-KY, regarding exchange of information concerns. This includes:

• The 2010 income and capital tax treaty with Chile, which is the first of its kind between Chile and the U.S.;
• The 2010 income tax treaty with Hungary, which will replace the 1979 treaty; and
• The 2013 income tax treaty with Poland, which will replace the 1974 treat…