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Tax Agreement with Taiwan: Boosting Trade and Investment

The U.S. Senate encourages negotiations for a tax agreement with Taiwan. Such an agreement could reduce double taxation, making it easier for U.S. and Taiwanese businesses to operate and invest, potentially creating jobs and increasing prosperity.
Key points
Reduced double taxation for businesses and individuals operating between the U.S. and Taiwan.
Increased trade and investment, potentially leading to more jobs and business opportunities.
Strengthened economic and security ties between the United States and Taiwan.
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Additional Information
Print number: 117_SRES_715
Sponsor: Sen. Sasse, Ben [R-NE]
Process start date: 2022-07-21