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Ending Tax Treaties with China if Taiwan is Attacked.

This bill aims to terminate the US-China income tax treaty if the Chinese military attacks Taiwan. This means that tax rules for income from investments and business activities between these countries could change, affecting companies and individuals doing business in both nations.
Key points
The act allows for the termination of the US-China income tax treaty if China initiates an armed attack against Taiwan.
The Secretary of the Treasury will terminate the treaty upon notification from the President of the US.
This change could impact how income from investments and trade between the US and China is taxed.
article Official text account_balance Process page
Introduced
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Additional Information
Print number: 119_S_2646
Sponsor: Sen. Cornyn, John [R-TX]
Process start date: 2025-08-01
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

No Tax Treaties for Foreign Aggressors Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_2646.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-08-01.

What are the main provisions?

Key points include:

  • The act allows for the termination of the US-China income tax treaty if China initiates an armed attack against Taiwan.
  • The Secretary of the Treasury will terminate the treaty upon notification from the President of the US.
  • This change could impact how income from investments and trade between the US and China is taxed.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Cornyn, John [R-TX].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Taxes Security Economy