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U.S. Senators Look to Terminate Tax Treaty with China if Taiwan is Invaded.

07 March 2024

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Treaty Development

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United States-China-Taiwan

U.S. Senator John Cornyn (R-TX) has announced legislation that would require the termination of the U.S.-China Tax Treaty within 30 days of a Presidential determination that China has initiated an armed attack on Taiwan. --- Cornyn, Colleagues Introduce Bill to Enact Consequences of a Chinese Invasion of Taiwan WASHINGTON – U.S. Senators John Cornyn (R-TX), Chris Coons (D-DE), Bill Cassidy (R-LA), and Catherine Cortez Masto (D-NV) today introduced legislation that would require the U.S. Department of the Treasury to terminate the U.S.-China Tax Treaty within 30 days of a Presidential determination that China has initiated an armed attack on Taiwan:...