A resolution expressing the sense of the Senate on the value of a tax agreement with Taiwan.

12/15/2023, 4:04 PM

This resolution recognizes the importance of Taiwan's security and prosperity to the United States' own security and prosperity.

The resolution encourages the President and the House of Representatives to work with the Senate on a congressional-executive agreement to establish an income tax agreement between the United States and Taiwan, consistent with U.S commitments under the Taiwan Relations Act.

The resolution also encourages the President to proactively seek other ways to increase trade, technology, and investment ties between the United States and Taiwan.

Bill 118 S.Res. 91 is a resolution introduced in the US Senate that expresses the Senate's support for a tax agreement with Taiwan. The resolution highlights the importance of fostering economic and trade relations with Taiwan, a key ally in the Asia-Pacific region. The resolution emphasizes the benefits of a tax agreement with Taiwan, including promoting economic growth, creating jobs, and enhancing bilateral cooperation.

The resolution acknowledges Taiwan's significant contributions to the global economy and its commitment to upholding international tax standards. It also recognizes the importance of strengthening economic ties with Taiwan to promote regional stability and security.

Overall, Bill 118 S.Res. 91 underscores the Senate's recognition of the value of a tax agreement with Taiwan and its commitment to furthering economic cooperation between the two countries.
Congress
118

Number
SRES - 91

Introduced on
2023-03-02

# Amendments
0

Sponsors
+5

Cosponsors
+5

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

This resolution recognizes the importance of Taiwan's security and prosperity to the United States' own security and prosperity.

The resolution encourages the President and the House of Representatives to work with the Senate on a congressional-executive agreement to establish an income tax agreement between the United States and Taiwan, consistent with U.S commitments under the Taiwan Relations Act.

The resolution also encourages the President to proactively seek other ways to increase trade, technology, and investment ties between the United States and Taiwan.

Bill 118 S.Res. 91 is a resolution introduced in the US Senate that expresses the Senate's support for a tax agreement with Taiwan. The resolution highlights the importance of fostering economic and trade relations with Taiwan, a key ally in the Asia-Pacific region. The resolution emphasizes the benefits of a tax agreement with Taiwan, including promoting economic growth, creating jobs, and enhancing bilateral cooperation.

The resolution acknowledges Taiwan's significant contributions to the global economy and its commitment to upholding international tax standards. It also recognizes the importance of strengthening economic ties with Taiwan to promote regional stability and security.

Overall, Bill 118 S.Res. 91 underscores the Senate's recognition of the value of a tax agreement with Taiwan and its commitment to furthering economic cooperation between the two countries.

Policy Areas
International Affairs

Comments

Recent Activity

Latest Summary4/25/2023

This resolution recognizes the importance of Taiwan's security and prosperity to the United States' own security and prosperity.

The resolution encourages the President and the House of Representatives to work with the Senate on a congress...


Latest Action3/2/2023
Referred to the Committee on Foreign Relations. (text: CR S638)