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News & Insights

Congressional Movement on Taiwan Tax Agreement Will Strengthen Business Opportunities for U.S. Companies

July 13, 2023


WASHINGTON DC – National Foreign Trade Council (NFTC) Vice President for International Tax Policy Anne Gordon today issued the following statement:

“The activity of Congress this week on Taiwan is a great move towards formalizing relations with one of our closest allies in the Indo-Pacific region. The NFTC has always welcomed increased engagement from Congress internationally in support of the U.S. economy. Reducing double taxation is an important step towards ensuring that U.S. and Taiwanese companies can do business in both markets. We encourage Congress to continue their work on a path forward to increased economic cooperation with Taiwan.”

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About the NFTC
The National Foreign Trade Council (NFTC) is the premier business association advancing trade and tax policies that support access to the global marketplace. Founded in 1914, NFTC promotes an open, rules-based global economy on behalf of a diverse membership of U.S.-based businesses.

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