Taiwan Tax Agreement Act of 2023

3.0.0 1457 2025-12-05T09:16:11Z 2025-12-05T09:16:11Z Senate S S 2023-05-04 118 https://www.congress.gov/bill/118th-congress/senate-bill/1457 ssfr00 Foreign Relations Committee Senate Standing Reported By 2023-07-25T20:39:52Z Markup By 2023-07-13T19:16:04Z Referred To 2023-05-04T18:17:20Z Taiwan Tax Agreement Act of 2023 118 4729 HR 2023-07-19 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. Related bill CRS 2023-07-25 Senate Placed on Senate Legislative Calendar under General Orders. Calendar No. 151. Calendars 2023-07-25 ssfr00 Foreign Relations Committee Senate Committee on Foreign Relations. Reported by Senator Menendez with an amendment in the nature of a substitute. Without written report. Committee 2023-07-25 Committee on Foreign Relations. Reported by Senator Menendez with an amendment in the nature of a substitute. Without written report. Committee 14000 9 Library of Congress ssfr00 Foreign Relations Committee 2023-07-13 ssfr00 Foreign Relations Committee Senate Committee on Foreign Relations. Ordered to be reported with an amendment in the nature of a substitute favorably. Committee 2023-05-04 ssfr00 Foreign Relations Committee Senate Read twice and referred to the Committee on Foreign Relations. IntroReferral 2023-05-04 Introduced in Senate IntroReferral 10000 9 Library of Congress M000639 Sen. Menendez, Robert [D-NJ] Robert Menendez D NJ N R000584 Sen. Risch, James E. [R-ID] James Risch R ID E. 2023-05-04 True V000128 Sen. Van Hollen, Chris [D-MD] Chris Van Hollen D MD 2023-05-04 True R000615 Sen. Romney, Mitt [R-UT] Mitt Romney R UT 2023-05-04 True R000618 Sen. Ricketts, Pete [R-NE] Pete Ricketts R NE 2023-06-21 False R000595 Sen. Rubio, Marco [R-FL] Marco Rubio R FL 2023-06-21 False G000359 Sen. Graham, Lindsey [R-SC] Lindsey Graham R SC 2023-06-21 False M001153 Sen. Murkowski, Lisa [R-AK] Lisa Murkowski R AK 2023-06-21 False S001217 Sen. Scott, Rick [R-FL] Rick Scott R FL 2023-06-21 False W000437 Sen. Wicker, Roger F. [R-MS] Roger Wicker R MS F. 2023-06-21 False S001198 Sen. Sullivan, Dan [R-AK] Dan Sullivan R AK 2023-06-21 False K000384 Sen. Kaine, Tim [D-VA] Timothy Kaine D VA M. 2023-06-21 False S001181 Sen. Shaheen, Jeanne [D-NH] Jeanne Shaheen D NH 2023-06-21 False D000622 Sen. Duckworth, Tammy [D-IL] Tammy Duckworth D IL 2023-06-21 False C001088 Sen. Coons, Christopher A. [D-DE] Christopher Coons D DE A. 2023-06-21 False M001176 Sen. Merkley, Jeff [D-OR] Jeff Merkley D OR 2023-06-21 False H000601 Sen. Hagerty, Bill [R-TN] Bill Hagerty R TN 2023-06-22 False 2023-08-10T20:04:00Z S. 1457, Taiwan Tax Agreement Act of 2023 https://www.cbo.gov/publication/59473 As reported by the Senate Committee on Foreign Relationson July 25, 2023 International Affairs Asia 2023-11-20T18:15:37Z Congressional oversight 2023-11-20T18:15:37Z International law and treaties 2023-11-20T18:15:37Z Taiwan 2023-11-20T18:15:37Z Tax administration and collection, taxpayers 2023-11-20T18:15:37Z Taxation of foreign income 2023-11-20T18:15:37Z International Affairs 2023-05-18T13:51:20Z

00 2023-05-04 Introduced in Senate 2023-10-11T19:40:04Z Taiwan Tax Agreement Act of 2023 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. The agreement must conform with the 2016 U.S. Model Income Tax Convention and other customary U.S. bilateral income tax convention terms. The bill requires the President to notify Congress 15 days before negotiations begin and provide periodic reports. The Department of the Treasury must brief Congress upon request and provide timely updates during the course of negotiations. The negotiated agreement may only take legal effect upon submission of the agreement to Congress and the approval of a concurrent resolution in a form prescribed by the bill. The agreement, once in force, must be afforded the same treatment as a treaty under U.S. law.

25 2023-07-25 Reported to Senate 2024-08-02T14:23:11Z Taiwan Tax Agreement Act of 2023 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. The agreement must conform with the 2016 U.S. Model Income Tax Convention and other customary U.S. bilateral income tax convention terms.The bill requires the President to notify Congress 15 days before negotiations begin and provide periodic briefings. The Department of the Treasury must brief Congress upon request and provide timely updates during the course of negotiations.The negotiated agreement may only take legal effect upon submission of the agreement to Congress and the approval of a concurrent resolution in a form prescribed by the bill. The agreement, once in force, must be afforded the same treatment as a treaty under U.S. law.

Taiwan Tax Agreement Act of 2023 Display Title 45 Taiwan Tax Agreement Act of 2023 2024-07-24T15:21:22Z Short Title(s) as Introduced 101 Taiwan Tax Agreement Act of 2023 2024-05-24T13:40:18Z Introduced in Senate IS Short Title(s) as Reported to Senate 103 Taiwan Tax Agreement Act of 2023 2024-05-24T13:38:20Z S Senate Reported to Senate RS Official Title as Introduced 6 A bill 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). 2023-05-17T00:43:46Z Introduced in Senate IS Reported to Senate 2023-07-25T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118s1457rs/xml/BILLS-118s1457rs.xml Introduced in Senate 2023-05-04T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118s1457is/xml/BILLS-118s1457is.xml 2023-07-25 Placed on Senate Legislative Calendar under General Orders. Calendar No. 151. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.