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HR 5988 118th Congress House Taxation Accounting and auditing Administrative law and regulatory procedures Asia Athletes Congressional oversight Department of the Treasury Foreign and international corporations Foreign property Immigration status and procedures Income tax rates Interest, dividends, interest rates Securities Service industries Taiwan Tax administration and collection, taxpayers Taxation of foreign income U.S. and foreign investments Wages and earnings

United States-Taiwan Expedited Double-Tax Relief Act

Introduced: October 19, 2023 Introduced by: Smith, Jason Republican · Missouri See on congress.gov
 Everywhere this bill has been 6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 12, 2023
Placed on the Union Calendar, Calendar No. 249.
Dec 12, 2023
Reported (Amended) by the Committee on Ways and Means. H. Rept. 118-309.
Nov 30, 2023
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 40 - 0.
Nov 30, 2023
Committee Consideration and Mark-up Session Held
Oct 25, 2023
Referred to the House Committee on Ways and Means.
Oct 19, 2023
Introduced in House
 Plain-English summary Congressional Research Service

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.

What's happening now December 12, 2023

Placed on the Union Calendar, Calendar No. 249.

 Committees of jurisdiction 1