American Chamber of Commerce in Taiwan Logo US-Taiwan Business Council Logo

FOR IMMEDIATE RELEASE –  June 28, 2024

American Chamber of Commerce in Taiwan and US-Taiwan Business Council Urge Agreement on Double Taxation Avoidance

(Taipei, Taiwan and Arlington, Virginia)

On June 24, President of the US-Taiwan Business Council Rupert Hammond-Chambers and President of the American Chamber of Commerce in Taiwan Patrick P. Lin signed a letter to the Senate Foreign Relations Committee and the Senate Committee on Finance, stressing the importance of expediting agreement on double taxation avoidance between the United States and Taiwan. The organizations commend Chairmen Ben Cardin and Ron Wyden, alongside Ranking Members Jim Risch and Mike Crapo, for their unwavering support of the robust U.S.-Taiwan partnership.

As Taiwan plays a central role in crucial technology sectors and serves as an essential trading partner, the business leaders emphasized the need for a bilateral tax agreement under the bipartisan U.S.-Taiwan Expedited Double-Tax Elimination Act, which aims to bolster U.S. supply chains and fortify technological resilience against competitive pressures.

By launching substantive anti-double taxation consultations, the United States and Taiwan can swiftly capitalize on the collaborative efforts to secure technological advancements and economic security. This move is proposed as a response to the stalling of the Tax Relief for American Workers Act in Congress, which underscores the necessity to commence negotiations independently. The business organizations have appealed to the committees to support a signal from the Senate to the U.S. Department of the Treasury to begin these consultations, paving the way for a finalized agreement to be reviewed and ratified by Congress.

For more information, please contact:

AmCham Taiwan Government and Public Affairs
Manager, Joyce Pan (02) 2718-8226 Ext. 211 joycepan@amcham.com.tw
Senior Manager, Fernando Chen (02) 2718-8226 Ext. 213  fernandochen@amcham.com.tw
Director, Celine Fahn (02) 2718-8226 Ext. 315 celinefahn@amcham.com.tw

US-Taiwan Business Council
Vice President, Lotta Danielsson (703) 465-2930 LottaDM@us-taiwan.org

台灣美國商會與美台商業協會共同呼籲美國國會盡速通過
《美台快速雙重稅收減免法案》 

美台商業協會(U.S.-Taiwan Business Council, USTBC)韓儒伯(Rupert Hammond-Chambers)與台灣美國商會執行長林博智(Patrick P. Lin)於6月24日共同致函美國聯邦參議院外交委員會以及財政委員會,於此文中提及加速美台避免雙重課稅協定的重要性。美台商業協會與台灣美國商會誠摯感謝參議院外交委員會主席卡登(Ben Cardin)、財政委員會主席懷登(Ron Wyden),以及外交委員會首席議員里契(Jim Risch)和財政委員會首席議員柯瑞柏(Mike Crapo)等,長期對於強化美台夥伴關係展現堅定支持。

由於台灣在重要技術領域扮演核心角色,並且是美國重要的貿易伙伴,商業界敦促兩黨皆支持的《美台快速雙重稅收減免法案》盡速達成協議,為美國供應鏈增進競爭力,同時提升科技韌性。

透過實質的避免雙重課稅協議,美國和台灣可以共同努力確保科技之進步和經濟安全。此一舉措是對美國國會《美國家庭與工人稅收減免法案》停滯不前的直接回應,進一步突顯了啟動獨立協商的必要性。商會也呼籲委員會支持參議院向美國財政部示意,著手開始進行關鍵談判,使最終協議得以在國會通過審查和表決。

媒體聯絡人 政府及公共事務部

經理         潘思堯 02-27188226#211  joycepan@amcham.com.tw
資深經理     陳慶維 02-27188226#213  fernandochen@amcham.com.tw
總監         范家瑋 02-27188226#315  celinefahn@amcham.com.tw

美台商業協會
Vice President, Lotta Danielsson (703) 465-2930 LottaDM@us-taiwan.org

Related Media

October 21, 2020 Press Releases

The US-Taiwan Business Council Comments on Three Proposed Foreign Military Sales to Taiwan for US$1.8113 billion

Press Release: The US-Taiwan Business Council Comments on Three Proposed Foreign Military Sales to Taiwan for US$1.8113 billion (Arlington, Virginia, October 21, 2020) The US-Taiwan Business Council today welcomed the announcement of three possible Foreign Military Sales to Taiwan of 135 AGM-84H Standoff Land Attack Missile Expanded Response (SLAM-ER) Missiles, 6 MS-110 Recce Pods, and […]