WASHINGTON, Nov 10- The U.S. Senate Foreign Relations Committee on Tuesday approved eight long-delayed international tax treaties, which had been held up for years because of one Republican senator's objections, despite support from companies that want consistency in rules for how to do international business. The treaties are with Switzerland, Luxembourg,...
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Senator Rand Paul of Kentucky objects to the agreements for privacy reasons, saying they would allow more inter-governmental sharing of financial information on citizens. "The treaties don't grant access to taxpayer records that are beyond what are provided in U.S. law," said Thomas Barthold, chief of staff of the government's Joint Committee on Taxation.
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