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This summary has been prepared by the WTO Secretariat’s Information and
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Adoption
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DS108:
United States — Tax treatment for foreign sales corporations
The
Dispute Settlement Body adopted the Appellate Body report on the United
States' implementation in the foreign sales corporation dispute against
the European Communities. The US said they respected their obligation to
comply with WTO rules and were working with the EC to resolve this
dispute. The EC said that in accordance with the procedural agreement
concluded by the parties (WT/DS108/12), the arbitration on the amount of
countermeasures suspension of concessions requested by the EC would
automatically be reactivated today.
Next
meeting
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The
next regular meeting of the DSB will take place on 1 February 2002.
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