Taiwan Trade Bill Unveiled, Could Pave Way to Tax Pact
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Taiwan Trade Bill Unveiled, Could Pave Way to Tax Pact
Approval of a trade pact with Taiwan has laid the foundation for a tax deal between the two countries, according to House and Senate tax writers. Taiwan is not recognized by the US as a sovereign nation, so it can’t sign treaties, but lawmakers believe significant treaty-like benefits could be provided through the tax code.
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