Senate approves new tax agreements (including inheritance
tax) with Bangladesh, France and Sweden. On March 31, the U.S. Senate
Foreign Relations Committee announced that the Senate has consented to the
President’s ratification of four new tax treaties. These are (1) A Convention
between the U.S. and Bangladesh for the Avoidance of Double Taxation and the
Prevention of Fiscal Evasion with respect to Taxes on Income (Treaty Doc.
109-5); (2) A Protocol Amending the Convention Between the U.S. and France for
the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with
Respect to Taxes on Income and Capital (Treaty Doc. 109-4); (3) A Protocol
Amending the Convention Between the U.S. and France for the Avoidance of Double
Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Estates,
Inheritances, and Gifts (Treaty Doc. 109-7) and (4) A Protocol Amending the
Convention Between the U.S. and Sweden for the Avoidance of Double Taxation and
the Prevention of Fiscal Evasion with Respect to Taxes on Income (Treaty Doc.
109-8). During the committee chairmanship of Senator Richard G. Lugar, the full
Senate has approved eleven tax agreements including ones with Mexico,
Australia, the United Kingdom, Japan, Sri Lanka, the Netherlands, and Barbados.
Citation: U.S. Federal News (HT Syndication), 2006
W.L.N.R. 5474884; Washington, D.C., Friday, March 31, 2006.
**** Mr. Richard Ehrlich is a specialist in Corporate, Estate and Personal Financial Planning in Florida. In the course of his career, he has prepared hundreds of estate plans and helped hundreds of small businesses navigate the various issues involving insurance, retirement and employee retention. He has helped numerous families deal with the difficulties of taking care of elderly relatives and assisted with all of their long-term planning and long-term care needs. Finally, he has helped investors with their losses in unsuitable investments. LinkedIn Profile: https://www.linkedin.com/in/richard-ehrlich-777b513/; Attorney Profile: http://www.eldercounsel.com/profile/richard-ehrlich-ehrlich-law-center-pa/; Attorney Profile: https://solomonlawguild.com/richard-ehrlich%2C-esq; Attorney News: https://attorneygazette.com/richard-ehrlich%2C-esq#c35a1098-f039-43ab-b0dc-06cff6dabf61