Tax Package Delay Puts Taiwan’s US Chip Investment in Question

Some companies doing business between Taiwan and the US are growing concerned that if the stagnating $78 billion tax package withers, Taiwan-specific provisions that would provide double taxation relief might get left behind too.

Higher-profile business tax breaks and a boosted child tax credit have headlined debate over the bill, while provisions in the bill to give tax treaty-like benefits to Taipei have flown under the radar. The package has now become a lightning rod in internal Senate GOP politics, despite easily passing the House and being a top priority for business and family advocacy groups.

Businesses and advocates view ...