Wyden, Crapo, Smith and Neal Introduce Bipartisan, Bicameral Taiwan Tax Bill

Press Release

Date: Oct. 19, 2023
Location: Washington, D.C.
Issues: Foreign Affairs

"It's a no-brainer for U.S. jobs and for America's national security to strengthen our economic partnership with Taiwan. Today is another important step forward toward relieving double-taxation on activity between the U.S. and Taiwan, and supercharging chip manufacturing in America. It's not every day you see the bipartisan leaders of Finance and Ways and Means come together to introduce legislation. I'm committed to continue working closely with Ranking Member Crapo, Chairman Smith and Ranking Member Neal to get our legislation over the finish line."


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