Pipeline · Bill → Law
Step 1
Introduced
May 4, 2023
Step 2
Referred
May 4, 2023
Foreign Relations
Step 3
Committee
Jul 13, 2023
Reported out
Step 4
Senate
Jul 25, 2023
Step 5
House floor
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...
Timeline · 5 actions
Jul 25, 2023
Committee on Foreign Relations. Reported by Senator Menendez with an amendment in the nature of a substitute. Without written report.
Jul 25, 2023
Placed on Senate Legislative Calendar under General Orders. Calendar No. 151.
Jul 13, 2023
Committee on Foreign Relations. Ordered to be reported with an amendment in the nature of a substitute favorably.
May 4, 2023
Introduced in Senate
May 4, 2023
Read twice and referred to the Committee on Foreign Relations.