--- title: U.S. Tax Treaty with Japan Now in Force; Spain to Follow description: The U.S. entered into tax treaty protocols with Japan on August 30. The tax treaty between the U.S. and Spain is scheduled for November 27, 2019. image: https://info.mooredm.com/hubfs/US-Japan%20flags.jpg --- [![Moore_Doeren Mayhew_Logo_CMYK 2019](https://info.mooredm.com/hs-fs/hubfs/Moore_Doeren%20Mayhew_Logo_CMYK%202019.png?width=1800&height=200&name=Moore_Doeren%20Mayhew_Logo_CMYK%202019.png "Moore_Doeren Mayhew_Logo_CMYK 2019")](https://info.moorestephensdm.com/blog) - [ABOUT](https://www.mooredm.com/about) - [SERVICES](https://www.mooredm.com/services) - [INDUSTRIES](https://www.mooredm.com/industries) - [LOCATIONS](https://www.mooredm.com/locations) - [PEOPLE](https://www.mooredm.com/people) - [RESOURCES](https://www.mooredm.com/publications) - [GLOBALVIEW](https://info.mooredm.com/blog) ![MSDM Blog Image.jpg](https://info.mooredm.com/hs-fs/hubfs/MSDM%20Blog%20Image.jpg?width=2272&height=1320&name=MSDM%20Blog%20Image.jpg "MSDM Blog Image.jpg") September 16, 2019 # U.S. Tax Treaty with Japan Now in Force; Spain to Follow ![topicIcon](http://www.sparkreaction.com/hubfs/Oceania%20Theme%202016/Images/topicIcon.png) [Tax](https://info.mooredm.com/blog/topic/tax) [![US-Japan flags](https://info.mooredm.com/hubfs/US-Japan%20flags.jpg)](https://info.mooredm.com/blog/tax-treaties-japan-spain) The U.S. officially entered into tax treaty protocols with Japan on August 30. The tax treaty between the U.S. and Spain is scheduled to enter into force on November 27, 2019. After a near decade-long delay, the Senate overwhelmingly ratified protocols amending the U.S. tax treaty with Japan and approved updates to the U.S. tax treaty with Spain. "These tax treaty protocols will help to create a level playing field for American businesses and workers, and foster stronger economic growth for both the United States and our trading partners," Treasury Secretary Steven Mnuchin said in a recent Treasury press release. "We are pleased to continue working with members of the U.S. Senate from both parties to achieve strong, bipartisan approval of modernized tax treaties and protocols to encourage investment and job growth in America." **Japan Protocol** The Japan Protocol is expected to significantly reduce taxes on interest and certain dividends, according to Treasury. Further, the Japan Protocol will provide for mandatory binding arbitration to facilitate more effective resolutions of certain tax disputes between U.S. and Japanese tax administrations as well as taxpayer certainty, the department noted. **Spain Protocol** Additionally, the Spain Protocol is expected to significantly reduce taxes on interest, royalties, certain direct dividends, and capital gains, according to Treasury. Further, it, too, will provide for mandatory binding arbitration to streamline dispute resolutions between the two countries’ tax administrations. The tax treaties have largely received bipartisan support among lawmakers on Capitol Hill. "These tax treaties account for trillions of dollars in foreign investments across the country, cultivate robust trading relationships, and create certainty for job creators," Senate Majority Leader Mitch McConnell, R-Ky., said. Source: CCH Tracker News   Written by [Victor (Sandy) Jose, CPA](https://info.mooredm.com/blog/author/victor-sandy-jose-cpa) SHARE THIS ARTICLE | [NEXT POST](https://info.mooredm.com/blog/tax-relief-for-us-citizens-own-stock-foreign-corporations) ## Get this information delivered straight to your mailbox. [![Subscribe to Our Newsletter](https://no-cache.hubspot.com/cta/default/2333341/72851b22-0bc4-4f0a-8f1a-ef88b5ca3304.png)](https://cta-redirect.hubspot.com/cta/redirect/2333341/72851b22-0bc4-4f0a-8f1a-ef88b5ca3304) ### Recent Posts #### About Us Moore Doeren Mayhew assists privately-controlled businesses—and the families who own them—in building and preserving wealth by providing privileged access to specialists, knowledge, and the highest quality personal service. Our firm combines a breadth of international audit, assurance, tax and consulting services with local market knowledge and international strength. [Learn More](http://www.mooredm.com) #### More Links - [\[fa icon="caret-right"\] Home](http://www.moorestephensdm.com/) - [\[fa icon="caret-right"\] About Us](http://www.moorestephensdm.com/about) - [\[fa icon="caret-right"\] Contact Us](https://info.mooredm.com/contact-mooredm) #### Contact Us \[fa icon="phone"\]  +1 (248) 244-3060 \[fa icon="envelope"\]  [mdm@mooredm.com](mailto:mdm@mooredm.com) \[fa icon="home"\]  305 West Big Beaver Road, Troy Michigan 48084-0231 [Linkedin](https://www.linkedin.com/company/10492787) [Twitter](https://twitter.com/moore__dm) Copyright 2026 \[fa icon="chevron-up"\]Back to top Cookie Settings