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Connolly Commends Biden Administration for Addressing Double Taxation Issues with Taiwan

Congressman Gerry Connolly (D-VA), a senior member of the House Committee on Foreign Affairs, a co-Chair of the Congressional Taiwan Caucus, and the President of the NATO Parliamentary Assembly, released the following statement in support of the Biden-Harris Administration’s announcement that the United States and Taiwan will begin negotiations on a comprehensive agreement to address double taxation issues. Connolly wrote to Secretary of State Antony Blinken and Secretary of the Treasury Janet Yellen on October 18 urging the Administration to take this action:

“As a strong supporter of commercial ties between the United States and Taiwan, I applaud President Biden and his Administration for taking this significant step toward remedying the burden of double taxation between our nations. While we await legislative action in the Senate, this important announcement represents a clear assertion of our commitment to Taiwan and its people in the face of an increasingly aggressive China.”

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