releases: https://barr.house.gov/press-releases?ID=1F1A6320-8652-477D-8A7B-C1B0A6B828FF
Data license: MIT · Data source: dwillis/congress-press
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| https://barr.house.gov/press-releases?ID=1F1A6320-8652-477D-8A7B-C1B0A6B828FF | Reps. Barr & Bera Lead Bipartisan Letter Urging House and Senate Leadership to Pass Taiwan Double Taxation Relief | 2024-12-06 | 2024 | 2024-12 | Republican | House | KY | Andy Barr | B001282 | barr.house.gov | barr | https://barr.house.gov/press-releases | scraper | WASHINGTON, D.C. – Yesterday, U.S. Representatives Andy Barr (KY-06) and Ami Bera, (CA-06), Co-Chairs of the Congressional Taiwan Caucus, led a bipartisan letter with over 100 members of Congress urging House and Senate leadership to pass the U.S.-Taiwan double taxation relief measures before the end of the year. The House passed Taiwan-related provisions in the bipartisan Tax Relief for American Families and Workers Act this January which would provide targeted relief from double taxation on U.S. – Taiwan cross-border investment and provide authority for the President to enter into a tax agreement relative to Taiwan. However, efforts to get Taiwan tax relief across the finish line have not yet succeeded, as the Tax Relief for American Families and Workers Act remains stalled in the Senate. In the letter, the Members wrote in part: “Currently, tax disincentives discourage Taiwanese and American companies from expanding reciprocal investments in both economies due to the absence of a bilateral tax arrangement. “Without double tax relief, these disincentives will hinder additional Taiwanese investments in critical sectors, such as semiconductors, within the U.S. economy. The absence of these investments and expertise will make it even more difficult for the United States to lessen its foreign dependency on imports of critical technologies and avert supply chain disruptions that pose ongoing threats to U.S. national security and economic growth. “We can make real progress in removing tax disincentives on U.S. and Taiwan cross-border investments by enacting the U.S.-Taiwan double taxation relief measures this year. We believe there is overwhelming support in the Senate for doing so, as was the case in the House. We urge you to collaborate actively to pass the Taiwan tax provisions passed in the House before the 118th Congress adjourns. U.S. and Taiwanese investors shouldn’t have to wait for the next Congress to act.” Click here for the full text of the letter: ### | 1 | 2026-03-30T01:40:41Z | 2026-04-07T22:13:55Z |