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Bipartisan, Bicameral Effort to Extend U.S. Tax Preferences to Taiwan

12 May 2023

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Proposed Changes

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United States-Taiwan

Senate Finance Committee Ranking Member Mike Crapo (R-ID) has announced bipartisan, bicameral efforts to extend U.S. tax preferences to Taiwan through changes to the Tax Code, rather than through a tax treaty. --- Crapo, Wyden, Smith, Neal Announce Bipartisan, Bicameral Effort to Extend Tax Preferences to Taiwan Washington, D.C.-- Senate Finance Committee Ranking Member Mike Crapo (R-Idaho), Chair Ron Wyden (D-Oregon), House Ways & Means Committee Chair Jason Smith (R-Missouri) and Ranking Member Richard E. Neal (D-Massachusetts) released the following statement on a bipartisan, bicameral effort to alleviate double taxation between the United States and Taiwan: "Addressing cross-border economic burdens...