Crapo, Wyden, Smith, Neal Release Discussion Draft of Bill Providing Relief for U.S. and Taiwanese Workers and Businesses from Double Taxation

Press Release

"Today's draft is an important step toward providing relief for American and Taiwanese workers and businesses that face burdens when operating across our borders. Given Taiwan's very unique status precluding it from remedying double taxation through an income tax treaty, we remain committed to solutions that will unlock investment, create more jobs, and lead to greater shared prosperity. This legislation will provide much needed certainty for U.S. businesses investing in Taiwan, and vice-versa, while strengthening our economic partnership for decades to come."

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