Taiwan Trade Bill Clears House Panel in United Vote

June 13, 2023, 4:50 PM UTC

Members of the House Ways and Means Committee were unified in a vote advancing a bill to approve a recently signed trade pact with Taiwan and pave a path toward cooperation, which could lead to a tax agreement with Taipei.

The bipartisan legislation earned praise from lawmakers on both sides of the aisle, which was voted out of the committee 42-0. It was released last week by the party leaders of the House and Senate tax-writing committees. The bill, members said, puts Congress back in the driver’s seat on trade agreements and reaffirms that the House and ...

Learn more about Bloomberg Tax or Log In to keep reading:

Learn About Bloomberg Tax

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools.