WASHINGTON DC – National Foreign Trade Council (NFTC) Vice President for International Tax Policy Anne Gordon issued a statement following the vote on the United States-Taiwan Expedited Double-Tax Relief Act (H.R. 33) in the House of Representatives today:
“We welcome today’s nearly unanimous vote in the House to pass the U.S.-Taiwan Expedited Double Tax Relief Act, which will end double taxation and ensure American companies have every opportunity to compete and succeed when doing business with one of our closest partners in Asia.
“Following today’s vote, we urge the Senate to take swift action and encourage the Administration to use this legislation as a template in their ongoing negotiations 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.
