Global Tax Deal and Taiwan Top Congress’ Fall Tax To-Do List

Congressional tax-writers start their trek back to Washington this week with plans to consider a Taiwan tax bill, scrutinize the global tax deal, and hash out funding for the IRS.

Lawmakers have just a few months to come together on legislation that could extend several business tax breaks and expand the child tax credit. House Republicans have been at a stalemate over whether their own package should include an adjustment to the state-and-local tax deduction cap—an argument that must be resolved to reach a tax deal given the party’s thin grip on the majority.

More immediately, though, House and Senate ...