Office of the United States Trade Representative


Statement by USTR Portman on the Repeal of FSC/ETI Grandfather Rules

"I want to thank lawmakers in the House and Senate for their work on this legislation, and especially for including the repeal of the grandfathering provisions on the foreign sales corporation/extraterritorial income regimes. It means the U.S. has taken the steps necessary to comply with its WTO obligations in this matter."


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