118th Congress · HOUSE BILLBILL

H.R. 4729 — Taiwan Tax Agreement Act of 2023

“To authorize negotiation and conclusion and to provide for congressional consideration of a tax agreement between the American Institute in Taiwan (AIT) and the Taipei Economic and Cultural Representative Office (TECRO).”

International affairs

Introduced Jul 19, 2023

Last action Jul 19, 2023

Pipeline · Bill → Law

Step 1

Introduced

Jul 19, 2023

Step 2

Referred

Jul 19, 2023

Rules · Ways & Means

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill authorizes the United States to enter into a tax agreement with Taiwan. Specifically, the President may, through the American Institute in Taiwan (AIT), negotiate and enter into a tax agreement with the Taipei Economic and Cultural Representative Office (TECRO). (The U.S.-Taiwan relationship is unofficial; TECRO is Taiwan's principal representative office in the United States, while the AIT, a private corporation, performs many of the same functions as U.S. embassies elsewhere.) The agreement must address issues including (1) the taxation of tax residents of Taiwan, the United States, or both; (2) relief from double taxation; and (3) protection against tax evasion or avoidance. T...

Provisions · 7 sectionsIntroduced in House

Timeline · 3 actions

Jul 19, 2023

Introduced in House

Jul 19, 2023

Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Jul 19, 2023