Action on Taiwan Tax Bill Urged in Bipartisan Letter to Leaders (1)

At least 100 House members signed a letter calling on House and Senate leadership to clear pending Taiwan-related tax legislation before the end of this Congress.

The tax legislation enjoys bipartisan support and would provide treaty-like benefits to relieve double taxation on companies doing business between the US and Taiwan. Congressional Taiwan Caucus leaders Reps. Ami Bera (D-Calif.) and Andy Barr (R-Ky.) had been circulating the letter urging movement since November.

For Bera, getting the bill across the finish line would signal US support to businesses and investors in the island democracy.

“It’s not a huge cost issue, and ...