US Congress Reps. Valadao and Sherman Lead Congressional called on Treasury Department to Stop the Double Taxation of U.S.-Armenia Profits, ANCA reports.
Bipartisan Letter Requests that Secretary Mnuchin Negotiate Double Tax Treaty with Armenia.
U.S. Representatives David Valadao (R-CA) and Brad Sherman (D-CA) are collecting signatures on a bipartisan letter urging their Congressional colleagues to request that Secretary of the Treasury Steven Mnuchin renegotiate the existing, outdated Double Tax Treaty with Armenia, an obsolete Cold War-era accord, recognized today by the U.S. but not Armenia, that was negotiated with the now defunct USSR more than four decades ago.