The Financial Times said:
> A dispute settlement panel this year found against a US federal tax
> provision that allows US companies to reduce their tax liabilities by
> channeling export sales through foreign sales corporations.
>
> The US business community has been in a ferment over the loss,
> regarding it as a violation of agentlemen's agreement reached between
> the US and EU in the 1980s in the settlement of an earlier dispute.
Can anyone tell me what earlier dispute is being alluded to here?
Michael
__________________________________________________________________________ Michael Pollak................New York City..............mpollak at panix.com