IV 

118TH CONGRESS 

1ST SESSION H. RES. 449 

Expressing the sense of the House of Representatives on the value of a 

tax agreement with Taiwan. 

IN THE HOUSE OF REPRESENTATIVES 

MAY 25, 2023 

Mr. SMITH of Nebraska (for himself, Ms. DELBENE, Ms. MALLIOTAKIS, and 

Ms. CHU) submitted the following resolution; which was referred to the 

Committee on Ways and Means, and in addition to the Committee on 

Foreign Affairs, 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 

RESOLUTION 

Expressing the sense of the House of Representatives on 

the value of a tax agreement with Taiwan. 

Whereas Taiwan is a democratic success story, an economic 

success story, a key part of global technology supply 

chains, and a close security partner of the United States; 

Whereas the United States has pursued a robust unofficial 

partnership with Taiwan within the context of the current one-China policy of the United States; 

Whereas the Taiwan Relations Act (22 U.S.C. 3301 et seq.) 

has played an important role in promoting democracy 

and prosperity in Taiwan, peace and security in the TaiVerDate Sep 11 2014 22:34 May 25, 2023 Jkt 039200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6300 E:\BILLS\HR449.IH HR449

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•HRES 449 IH 

wan Strait, and close relations between the United States 

and Taiwan since 1979; 

Whereas Taiwan is the eighth-largest trading partner of the 

United States, United States exports of goods and services to Taiwan support at least 188,000 American jobs, 

and Taiwan’s cumulative investment in the United States 

is at least $13,700,000,000; 

Whereas the United States has ongoing economic dialogues 

with Taiwan that cover a range of trade, technology, and 

investment issues through the Trade and Investment 

Framework Agreement Council led by the United States 

Trade Representative, the U.S.-Taiwan Economic Prosperity Partnership Dialogue led by the Department of 

State, and the Technology, Trade, and Investment Collaboration framework led by the Department of Commerce; 

Whereas the Biden Administration announced the ‘‘U.S.-Taiwan Initiative on 21st Century Trade’’ on June 1, 2022; 

Whereas the United States has income tax treaties with 66 

countries, including the People’s Republic of China, and 

has agreements with other parties, including Taiwan, related to taxation, such as facilitating implementation of 

the Foreign Account Tax Compliance Act; 

Whereas Taiwan is the United States largest trading partner 

with whom we do not have an income tax treaty; 

Whereas Taiwan has income tax agreements with 34 countries, including countries that have trade agreements with 

the United States and do not maintain diplomatic relations with Taiwan; 

Whereas the United States signed a transportation income 

tax agreement with Taiwan in 1988, under the auspices 


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•HRES 449 IH 

of the American Institute in Taiwan (AIT) and the Coordination Council for North American Affairs, which has 

since been renamed as the Taipei Economic and Cultural 

Representative Office (TECRO); 

Whereas an income tax agreement between the United States 

and Taiwan could boost bilateral trade and investment by 

reducing double taxation and increasing economic efficiency and integration; and 

Whereas the American Chamber of Commerce in Taipei in its 

‘‘2022 White Paper’’ called for the United States and 

Taiwan to continue exploring an income tax agreement: 

Now, therefore, be it 

1 Resolved, That the House of Representatives— 

2 (1) recognizes the importance of Taiwan’s secu3 rity and prosperity to the United States own secu4 rity and prosperity; 

5 (2) encourages the President and the Senate to 

6 work with the House of Representatives to avoid or 

7 mitigate double taxation between the United States 

8 and Taiwan, consistent with United States commit9 ments under the Taiwan Relations Act (22 U.S.C. 

10 3301 et seq.); and 

11 (3) encourages the President to proactively seek 

12 other ways to increase trade, technology, and invest13 ment ties between the United States and Taiwan. 

Æ 


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