Title: To amend the Internal Revenue Code of 1986 to provide special rules for the taxation of certain residents of Taiwan with income from sources within the United States
Vote to pass a bill that amends the Internal Revenue Code of 1986 to provide special rules for the taxation of certain residents of Taiwan with income from sources within the United States.
Amends the Internal Revenue Code of 1986 to provide special rules for the taxation of certain residents of Taiwan with income from sources within the United States (Sec. 2-209).
Specifies due to Taiwan’s unique status, the United States shall be unable to enter into an Article II tax treaty with Taiwan, necessitating an agreement to address issues concerning double taxation (Sec. 210).
Specifies that the provisions of this bill shall take effect immediately upon passage and approval by the President (Sec. 210).
Title: To amend the Internal Revenue Code of 1986 to provide special rules for the taxation of certain residents of Taiwan with income from sources within the United States