SENATE 3084118th CongressStar Print ordered on report 118-107.

United States-Taiwan Expedited Double-Tax Relief Act

Last Action: 11/7/2023

Actions

2023-11-07Star Print ordered on report 118-107.
2023-10-19Placed on Senate Legislative Calendar under General Orders. Calendar No. 230.
2023-10-19Committee on Finance. Original measure reported to Senate by Senator Wyden. With written report No. 118-107.
2023-10-19Committee on Finance. Original measure reported to Senate by Senator Wyden. With written report No. 118-107.
2023-10-19Introduced in Senate

CRS Summary

As of 2023-10-19 (25)

United States-Taiwan Expedited Double-Tax Relief Act

This bill establishes special rules for the taxation of residents of Taiwan with income from sources within the United States. This includes the reduction of the rate of withholding of taxes, the application of permanent establishment rules, treatment of income from employment, and the determination of the residency of citizens of Taiwan.

Subjects

Asia
Athletes
Diplomacy, foreign officials, Americans abroad
Foreign and international corporations
Income tax exclusion
Income tax rates
Service industries
Taiwan
Taxation of foreign income

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