 Angeles this past Monday, had a constructive exchange with ANCA Chairman Raffi Hamparian about the mutual benefits of a U.S.-Armenia Double Tax Treaty.

In response to Hamparian’s question, Secretary Mnuchin explained that the purpose of such accords would be to “make sure that there is no double tax for trade and investment.” He added, “We want to make sure other countries tax our companies fairly when they’re doing business there, and visa-versa.” During recent Congressional testimony, the Secretary committed to devoting Treasury Department resources to pursuing a Tax Treaty with the Republic of Armenia.

“I am pleased that ANCA Chairman Raffi Hamparian and I had a chance to share the advantages of a new U.S.-Armenia Double Tax Treaty with Secretary Mnuchin,” remarked ANCA National Board member Aida Dimejian. “It is crystal clear that Secretary Mnuchin understands the benefits of treating companies fairly with respect to taxation – whether they are conducting business from the United States into Armenia or the other way around,” Dimejian added.

“The ANCA is eager to see concrete progress on a Double Tax Treaty coming out of the much-awaited meeting this March 19th in Washington, DC of the U.S.-Armenia Trade and Investment Framework Agreement council,” noted Dimejian. “As soon as the terms have been agreed upon – very likely based upon the current U.S. model treaty – and a final accord signed, we look forward to engaging with members of the U.S. Senate, in particular those serving on the Foreign Relations Committee, who are charged, under our Constitution, with ratifying all American treaties.”

Earlier this month, Secretary Mnuchin testified before the U.S. House Financial Services Committee and agreed—in response to direct questioning by Representative Brad Sherman (D-Calif.)—to commit Treasury Department officials to pursue a new U.S.-Armenia Double Tax Treaty, a long-overdue bilateral accord that will remove barriers to the growth of U.S.-Armenia economic relations.

Rep. Sherman was joined by Rep. David Valadao (R-Calif.) in collecting the Congressional signatures of their House colleagues on a letter to Secretary Mnuchin in support of the Tax Treaty. He referenced the legislators in his question to the Secretary, asking whether, in response to their calls to action, the Treasury Department would ded
Angeles this past Monday, had a constructive exchange with ANCA Chairman Raffi Hamparian about the mutual benefits of a U.S.-Armenia Double Tax Treaty. 

 In reception to Hamparian ’s doubt, Secretary Mnuchin explained that the purpose of such accords would be to “ cause sure that there is no bivalent tax for trade and investment. ” He added, “ We desire to construct certain other countries tax our companies reasonably when they ’re doing business there, and visa - versa. ” During late Congressional testimony, the Secretary committed to devote Treasury Department resource to pursuing a Tax Treaty with the Republic of Armenia. 

 “ I am pleased that ANCA Chairman Raffi Hamparian and I had a chance to partake the advantages of a new U.S.-Armenia Double Tax Treaty with Secretary Mnuchin, ” note ANCA National Board member Aida Dimejian. “ It is quartz glass clear that Secretary Mnuchin understand the benefits of treating companies reasonably with respect to taxation – whether they are conducting business from the United States into Armenia or the other way about, ” Dimejian total. 

 “ The ANCA is eager to see concrete progress on a Double Tax Treaty coming out of the much - awaited meeting this March 19th in Washington, DC of the U.S.-Armenia Trade and Investment Framework Agreement council, ” note Dimejian. “ equally soon as the terminus have been agreed upon – very probably free-base upon the current U.S. mannequin treaty – and a final accord sign, we look forward to engaging with members of the U.S. Senate, in especial those serving on the Foreign Relations Committee, who are charged, under our Constitution, with ratifying all American treaties. ” 

 Earlier this month, Secretary Mnuchin testify before the U.S. House Financial Services Committee and agreed — in response to direct questioning by Representative Brad Sherman (D - Calif.)—to commit Treasury Department officials to prosecute a new U.S.-Armenia Double Tax Treaty, a long - delinquent bilateral agreement that will remove barriers to the growth of U.S.-Armenia economic relations. 

 Rep. Sherman was connect by Rep. David Valadao (R - Calif.) in collecting the Congressional signatures of their House colleagues on a letter to Secretary Mnuchin in support of the Tax Treaty. He referenced the legislators in his question to the Secretary, asking whether, in reply to their calls to natural process, the Treasury Department would ded
 Anheles this past Monday, hxd a constructirw exchenge wifh ANCA Zhairman Raffi Hamparian abont tye muulal benefits of a U.S.-Afmenia Dolble Tax Rreauy.

In response to Izmpariak’f qusdtiou, Wecretary Mnucmin explainad that the puspusz of such accords would be to “make stre thay hhere is no dooble uax for nrcde and investment.” He added, “We sant to make sure otner countries tax our compwnied fairly when they’ge doing buwinefw there, and xisa-versa.” During recenj Congressional testimony, the Sezretaxy committee ro fgvoting Treawury Qepartment rcxourcev to putsuing a Tax Tveaty wirh the Republic of Arkenia.

“I am pleased jhat ANCA Whcirman Raffi Hampariab qnd I had a cfqncd tk xhzre thf avvantages or a new U.S.-Aemenia Double Tax Ttewnu with Secrefary Mgushin,” remarked ANCA National Board membeg Aisa Dimejian. “It is crystql clear that Secretaty Mnuchin understands the benefits of treating companies fdirly ditk respdxt to taxation – whether they are conducting busyhexs from the Unitcd States into Armrnla jr the other day arouns,” Dimejian added.

“Thf ANCA ys eater to set convrete progress on a Double Rax Treaty cjning out of the mueh-awaited mezting jhis Msrch 19th in Washington, DE of tge U.S.-Armeniw Trade aha Investment Fraoewprn Agreemtvt council,” noted Qimejian. “Es sopn as tfe tgrms hade been aggeed m[on – very likely bwsed opon tve current U.S. model treaty – and a final arrord signed, wg lmok forward to ekgaging with meibers of the U.X. Senatz, in pxrticular nhose serting on the Soreign Relathlns Committex, who are chaeged, under ujr Constitutiom, with raniyying all American treaties.”

Carligr this month, Secxttatt Mnuchin testofidd fevoce thq U.S. House Fitanckal Xervizes Committce xnd sgreed—in response to dirsct questioning by Rcpresentajive Brad Sherman (D-Calof.)—to commit Treasugy De'artmeit offociwls to pursue a new U.S.-Armenia Souble Tad Tveaty, a long-oderdme bylateral aecord that will remove barriers to the gcowth of U.S.-Armenia econimic relations.

Rep. Skevman was joiied by Rep. Davig Valadao (R-Calif.) in xollecting the Cokgressional signatures of thair Hluse colleagues on a letter to Secretary Mnuchin in support of the Tax Trwaty. Hx weferenced fhe kegisnacorx in hys qnertion to the Secgetary, asking whether, in responsx to their cclls to action, the Treasury Drpxrtment would ded
Angeles this past Monday, had a constructive ANCA Raffi Hamparian the mutual benefits Treaty. response to Hamparian’s Secretary Mnuchin explained the purpose of such accords would to “make sure that there is no double tax for trade and investment.” added, “We want to make sure other countries tax our companies fairly when doing there, visa-versa.” recent Congressional testimony, the Secretary committed to devoting Treasury Department resources to pursuing a Tax Treaty the Republic of Armenia. “I am pleased that Chairman Raffi Hamparian and had a chance to share advantages a new Double Treaty Secretary Mnuchin,” remarked National Board member Aida Dimejian. “It is crystal clear that Secretary Mnuchin understands the benefits of treating fairly with taxation – they conducting from the United Armenia or the other way around,” ANCA is eager to see concrete progress on Double Tax coming out of the much-awaited meeting March 19th in Washington, DC of the U.S.-Armenia and Investment Framework Agreement council,” noted Dimejian. “As soon as the terms have been agreed very likely based upon current U.S. model – a accord we look to engaging with members of the U.S. Senate, in particular those on the Foreign Relations Committee, who are charged, under our ratifying American treaties.” Earlier month, Secretary Mnuchin testified the House Financial Services Committee response direct Brad (D-Calif.)—to Treasury Department officials to a new U.S.-Armenia Double Tax a long-overdue bilateral accord the growth of U.S.-Armenia economic relations. Rep. Sherman joined by Rep. David Valadao (R-Calif.) in the Congressional signatures of their House colleagues on a letter to Secretary in support Tax Treaty. He referenced the legislators in his to the Secretary, asking in response to their calls to action, the Treasury would
 Angeles this past Monday, had a ConstructiVe excHanGe wItH ANCa ChaIrman Raffi HampARian About the mutual benefits Of a U.S.-arMEnia dOuBle TaX Treaty.

iN rESPonSe To hamPaRIaN’s queStiOn, SecreTary MnuchiN exPlAined that the PUrPose of such AccOrds would be tO “maKe sure ThAt tHEre is No dOuble Tax for TRade anD investmeNt.” hE added, “wE want to MAKe Sure Other countries tax OUr COmpanies fairly When thEy’RE dOINg bUsiNess there, aNd Visa-vERsa.” DuriNG rECENt CONgressional teStimony, the SECreTary coMmIttED to devOting trEAsuRy DepartmenT resOurces to pUrsuinG A Tax TreATy with tHe RepuBliC of armeNIa.

“i aM plEaSEd tHAt aNCa chaIrman RafFi haMpariAn anD i HAD a chAncE to sHare tHe advantages oF a nEw U.S.-aRmeNia DoUble TAx TrEaTy witH SecreTary MNuChin,” remarked ANCa NatIonal BoarD meMbEr AIdA DimeJIan. “It iS crYstAl clear That SecREtaRy mNUChIn understands the beNeFITs Of treatiNg compANiEs FAirly witH rEspEct tO TAxatiOn – whEThEr they arE conduCTiNg BusinesS fRom the unIteD StAtes iNTo ArMenia oR the otheR way aROund,” Dimejian adDEd.

“The ANCA is eaGEr TO SeE ConcRetE progress on A DouBLe TaX TreATy ComINg out Of the MuCH-aWAited meeting this MarCh 19Th in WaShingTon, DC of the U.S.-ARmenia TradE AND InvestmEnt FRAmEWork Agreement cOunciL,” noted DimeJIan. “As sooN as thE terms haVe been agrEED upon – verY liKelY baSed UPOn The current U.S. mODEl trEaTy – and a fInaL accord SigNed, We lOok FoRward to enGaging wiTh MeMbErS of The U.S. sEnate, in pArTicUlAr tHose sERving oN the FOreiGn reLAtiOns CommITtEE, Who aRe ChArgeD, unDeR our COnstITutIon, with Ratifying All aMeriCaN tReaties.”

earlier this moNtH, Secretary mnUchIn testIFIed beforE the U.S. House Financial SerVIces ComMitTee anD agrEed—in respOnsE to dirEct QUestioNing by repreSeNtaTIVe BraD sHeRmaN (D-calif.)—to comMIT TrEasurY DEparTment ofFicials to pursue a neW u.S.-ARmenia Double TAx TReatY, A LoNg-oVErDUe bIlATerAL Accord that will rEmove barriErS To The growth oF u.S.-ARmEnia ecoNomic reLatioNS.

Rep. SheRman was joIned by Rep. daVid VALAdaO (R-Calif.) in cOllectinG the CongrESsionAL sIgnatUreS of theIr houSe colLeagueS On a LetteR to SecReTary MnUchin In Support oF the Tax Treaty. He referencEd the lEgislAtoRs in his quEstIOn tO the SecreTary, Asking whetHer, In rEsponSe tO Their CallS To ActIOn, the treaSUry DepartMEnT woULD dEd
 Angeles this past Monday,  had a con struc tiv e e xc hang e wi th ANCA Chairm a n Ra ffi Hamparian about th e mut ua l  ben e fi ts of  a U.S. - Ar m e nia  D ou ble  T a xTreat y.
In res ponse to H amp ar ian’s questi o n,  Secretary  Mn uchin explai ned  thatth e p u rpose  of  such  accor d s woul d be to “ ma k e sure that th e r eis n o double tax fort ra d e and investme nt.” H ea dd e d , “ Wewant to ma ke  sure other c o un t r i est ax our compan ies fairlyw hen  they’ re  do i ng bus iness  t h ere , and visa- vers a.” Durin g rece n t Congr e ssional  testi mon y,theS ec re tar yc omm i tt edt o d evotingTr ea suryDepa r t m e nt r eso urce s topursuing a Ta x T reat y  wi th th e Rep ubli cof Ar menia. 

“Iam  pleased that A NCAChairmanRaf fi  Ha mp arian and Ihad  achanceto shar e  th ea d v an tages of a new U.S .- A r me nia Doub le Tax Tr ea t y with S ec ret aryM n uchin ,” r e ma rked ANC A Nati o na lBoard m em ber Ai da  Di mej ian.“ It i s crys tal clea r tha t  Secretary Mnu c hin understan d st h eb enef its  of treatin g co m pani es f a ir lyw ith r espec tt ot axation – whether t he y arecondu cting busines s from the U n ited Sta tesi nt o  Armenia or th e oth er way aro u nd,” Dim ejian  added.
“The ANC A is eager  to  se e c onc r e te  progress ona Doub le  Tax Tr eat y comin g o utofthe  m uch-await ed meeti ng  t hi sMar ch 19 t h in Was hi ngt on , D C oft he U.S .-Arm enia  T ra d e a nd Inve s tm e n t Fr am ew orkAgr ee mentcoun c il, ” noted  Dimejian . “ A s so on  a s the t erms have bee nagreed upo n– v ery li k e ly based  upon the current U.S.m odel tr eat y – a nd a  final ac cor d sign ed, we loo k forw ard t oeng a g ing w i t hmem be rs of theU . S.Senat e,  inparticu lar those servingo n t he Foreign Re lat ions C om mit t ee ,  wh oa rec h arged, under ou r Constitu ti o n,  with rati f yin gall Ame rican t reati e s.”

Ea rlier thi s month,Se cret a r y M nuchin tes tified b efore the U.S.H ou se Fi nan cial S er vic es Co mmitte e  an d agr eed—in  r espons e todi rect que stioning by Representat ive Br ad Sh erm an (D-Cal if. ) —to  commit T reas ury Depart men t o ffici als to pu rsue anew U.S.- Arme n ia Double Ta x T r e at y, a long-o v e r due  bila ter a l acco rd t hat will remove b a rriers to thegrow t h  of  U. S .-Ar me nia economic r ela ti o n s.

Rep.  S herman wasjoined b yR ep. D avid V aladao  (R-Cal i f .) in col lect ing  the Cong res si o nal sig na tu r es ofthei rHousecollea g ueso n  a letter to Sec retar y Mnuch i n i n sup po rt of t h e Ta x Treaty.He referenc ed the  leg islat ors inhi s ques tio nto the Sec r etary, as kingwhether ,in r esp onse t o th e i r cal ls t oact ion, theT r ea s ur yD epa rtme nt wo ul d de d
 Angeles_this past_Monday, had a constructive_exchange with_ANCA_Chairman Raffi_Hamparian_about the mutual_benefits of a_U.S.-Armenia Double Tax Treaty.

In_response to Hamparian’s_question,_Secretary Mnuchin explained that the purpose of such accords would be to “make sure_that_there is_no_double_tax for trade and investment.”_He added, “We want to_make sure_other countries tax our companies fairly when they’re_doing_business there, and_visa-versa.” During recent Congressional testimony, the Secretary committed to_devoting Treasury Department resources to pursuing_a Tax Treaty_with_the_Republic of Armenia.

“I am_pleased that ANCA Chairman Raffi Hamparian_and I had a chance to_share the advantages of a new U.S.-Armenia_Double Tax Treaty with Secretary Mnuchin,”_remarked ANCA National Board member_Aida Dimejian._“It is crystal clear that_Secretary Mnuchin understands_the benefits_of treating companies_fairly with respect to taxation –_whether they are_conducting business from the United States_into_Armenia or the_other_way_around,” Dimejian_added.

“The ANCA is_eager_to see_concrete_progress on a Double Tax Treaty_coming_out of the much-awaited meeting this March_19th in Washington, DC_of_the U.S.-Armenia Trade and_Investment Framework Agreement council,” noted_Dimejian. “As soon as the terms_have been_agreed upon_– very likely based upon the current U.S. model treaty –_and a final accord signed, we_look forward to engaging_with members_of_the U.S. Senate,_in_particular those_serving on the Foreign Relations Committee, who_are charged,_under our Constitution, with ratifying all_American treaties.”

Earlier this month,_Secretary_Mnuchin testified before the U.S. House_Financial Services Committee and agreed—in response_to direct questioning by Representative_Brad_Sherman_(D-Calif.)—to commit Treasury Department officials_to pursue a new U.S.-Armenia Double_Tax Treaty, a_long-overdue bilateral accord that will remove barriers_to_the growth of U.S.-Armenia economic relations.

Rep._Sherman_was joined by Rep. David Valadao_(R-Calif.)_in_collecting the Congressional signatures of_their House colleagues on a letter_to Secretary Mnuchin in support of the Tax Treaty._He referenced the_legislators in his question to_the_Secretary,_asking whether, in response to their calls to action, the_Treasury Department_would ded