HR 4729
Taiwan Tax Agreement Act of 2023
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- Passed House
- Passed Senate
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- Became Law
Bill overview
This bill authorizes the President to negotiate a tax agreement with Taiwan through the American Institute in Taiwan (AIT) and the Taipei Economic and Cultural Representative Office (TECRO). The agreement aims to facilitate trade and investment between the United States and Taiwan, addressing issues like taxation, double taxation relief, and preventing tax evasion. Congressional approval, through a specific concurrent resolution, is required before the agreement can take effect and be treated as a U.S. treaty.
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Primary sponsor
Gerald E. Connolly
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