Skip to main content
CIV.IQ

H.R. 5988

Introduced

United States-Taiwan Expedited Double-Tax Relief Act

Introduced 10/19/2023•118th Congress•House
Congress.gov

Latest Action

Placed on the Union Calendar, Calendar No. 249.

12/12/2023 • House

Summary

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.

Introduced in House • 10/19/2023

Enter your district to see how this bill affects your community
-

Topics & Subjects

Policy Area: Taxation
Accounting and auditingAdministrative law and regulatory proceduresAsiaAthletesCongressional oversightDepartment of the TreasuryForeign and international corporationsForeign propertyImmigration status and proceduresIncome tax ratesInterest, dividends, interest ratesSecuritiesService industriesTaiwanTax administration and collection, taxpayersTaxation of foreign incomeU.S. and foreign investmentsWages and earnings

CBO Cost Estimates (1)

H.R. 5988, United States-Taiwan Expedited Double-Tax Relief Act

As reported by the House Committee on Ways and Means on December 12, 2023

Published: January 9, 2024

Congressional Votes (0)

No recorded votes yet

Roll call votes will appear here as the bill moves through Congress

Related Federal Spending

Sponsor & Cosponsors (34)

Party Breakdown

12
Democrats
22
Republicans
0
Independents

Sponsor

R[
Rep. Smith, Jason [R-MO-8]

Republican • MO-8

Sponsored 10/19/2023

Cosponsors (33)

R[
Rep. Neal, Richard E. [D-MA-1]

D-MA-1

Joined 10/19/2023

R[
Rep. Smith, Adrian [R-NE-3]

R-NE-3

Joined 10/19/2023

R[
Rep. Kelly, Mike [R-PA-16]

R-PA-16

Joined 10/19/2023

R[
Rep. Schweikert, David [R-AZ-1]

R-AZ-1

Joined 10/19/2023

R[
Rep. LaHood, Darin [R-IL-16]

R-IL-16

Joined 10/19/2023

R[
Rep. Smucker, Lloyd [R-PA-11]

R-PA-11

Joined 10/19/2023

Bill Journey

Originated in the House

Introduced

October 19, 2023

Committee Review

November 30, 2023

Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 40 - 0.

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (2)

Reported in House12/12/2023
Formatted TextPDFFormatted XML
Introduced in House10/25/2023
Formatted TextPDFFormatted XML

Committee Reports (1)

H. Rept. 118-309

Related Bills (2)

S. 3084

United States-Taiwan Expedited Double-Tax Relief Act

IdenticalView bill →

H.R. 7024

Tax Relief for American Families and Workers Act of 2024

RelatedView bill →

Committee

Ways and Means Committee

House

View committee →

Details

Bill TypeHR
Current StatusIntroduced
Cosponsors33
View on Congress.gov
Open DataBill Feed•JSON API•Nostr•Fediverse @civiq@civdotiq.org•Congress.gov
All Protocols →