May 5, 1999 |
By
Keith Martin in Washington, DC
A COALITION OF COMPANIES IS LOBBYING TO ELIMINATE WITHHOLDING TAXES ON INTEREST BETWEEN THE US AND CANADA. The group sent US international tax counsel Philip West a report on April 14. The US and Canada are in discussions about negotiating a new protocol to amend an existing tax treaty. The group includes the Bank of Montreal, BP Amoco and GTE.