Taiwan Seeking US Double Tax Treaty
by Mary Swire, Tax-News.com, Hong Kong
08 January 2018
Taiwanese Premier Lai Ching-Te has directed the Ministry of Finance to work towards a Taiwan-US tax treaty.
Speaking at a strategic briefing to the National Development Council on January 4, 2018, Lai noted that the US is one of Taiwan's most important trading partners. A tax treaty would ensure that the same income is not taxed twice and create a conducive environment for bilateral trade and investment, he said.
Lai said a double tax deal would reinforce supply chain links between the two countries and open up more trade opportunities in the future, particularly in light of the recently enhanced US tax regime, which might open up further opportunities for Taiwanese firms and exporters, he said.
To see today's news, click here.
Tax-News Reviews
A review and forecast of Cyprus's international business, legal and investment climate.
A review and forecast of Malta's international business, legal and investment climate.
A review and forecast of Jersey's international business, legal and investment climate.
A review of the latest budget news and government financial statements from around the world.
Stay Updated
Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.
By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.
To manage your mailing list preferences, please click here »
Network Blogs and Features
- Governments Chase The COVID Cash »
- Governments Get Creative Over COVID-19 »
- Governments Taking (In)Direct Tax Action In Response To Pandemic »
- Forming an LLC in California: Step by Step Guide »
- Governments Working Hard On Working Hard »
- Business As Usual? »
- How to change your company secretary in Hong Kong? »
- International Tax Matters Inch Forward »
- COVID-19 Trends Take Shape In The New 'Wild West' »
- keeping calm and carrying on »