UNITED STATES – TAX TREATMENT FOR

"FOREIGN SALES CORPORATIONS"

REPORT OF THE PANEL

The report of the Panel on United States – Tax Treatment for "Foreign Sales Corporations" is being circulated to all Members, pursuant to the DSU.  The report is being circulated as an unrestricted document from 8 October 1999, pursuant to the Procedures for the Circulation and Derestriction of WTO Documents (WT/L/160/Rev.1).  Members are reminded that, in accordance with the DSU, only parties to the dispute may appeal a panel report.  An appeal shall be limited to issues of law covered in the Panel report and legal interpretations developed by the Panel.  There shall be no ex parte communications with the Panel or Appellate Body concerning matters under consideration by the Panel or Appellate Body.