Skip to content
Sign up to receive our free weekday morning edition, and you'll never miss a scoop.
Congress is looking to take a novel approach and add provisions to the U.S. tax code establishing benefits for business with Taiwan.

Taiwan tax bill in the mix during NDAA talks

A bill to extend tax treaty-like benefits to Taiwan is in the mix for a ride on the annual defense authorization bill, according to multiple sources with knowledge of the conversations.

The bipartisan legislation has no cost and is widely-backed, so it is in theory an easy sell. But the big question will be whether lawmakers are willing to let the NDAA carry a tax or trade measure, which is very unusual. Republicans were also rankled by the Biden administration’s decision last week to move ahead on its own tax agreement talks with Taiwan.

Subscripion logo

You're seeing a preview of our Premium Policy: The Vault financial services and tax policy coverage. Read the full story by subscribing here.

Read our latest series

Our newest editorial project, in partnership with Google, explores how AI is advancing sectors across the U.S. economy and government through a four-part series.

 

Check out our fourth feature focused on AI and economic investment with Rep. Ashley Hinson (R-Iowa).

Editorial photos provided by Getty Images. Political ads courtesy of AdImpact.