Sherman Continues Pressure to Secure New U.S.-Armenia Tax Treaty

Stresses Importance of ANCA-Backed Accord to Treasury Secretary Mnuchin during Financial Services Hearing

WASHINGTON””House Financial Services Committee senior member Rep. Brad Sherman (D-CA) once again called on Treasury Secretary Steven Mnuchin to work with the Armenian Government toward a new Tax Treaty that would, by eliminating the threat of double taxation, remove a key barrier to investment and facilitate the growth of transparent, sustainable bilateral economic cooperation.

During a July 12th Committee hearing, Rep. Sherman reminded Treasury Secretary Mnuchin of his commitment to “have at least one tax lawyer spend 28 hours on the project”