Taiwan US Tax Deal Could Boost Bilateral Investment Flows

AmCham Taiwan has renewed calls for a long-awaited Taiwan US tax deal, arguing that progress on the issue could significantly increase investment and trade between the two economies.

The proposal gained fresh attention following the conclusion of a post-tariff trade arrangement between Taipei and Washington earlier this year.

AmCham Taiwan president Carl Wegner said the Taiwan US tax deal would be a key topic during meetings with US officials in Washington.

Taiwan has long sought a double-taxation agreement to remove investment barriers and improve competitiveness, but the proposal remains stalled in the US Senate.

Wegner noted that Taiwan is currently the only one of the top 10 US trading partners without such an arrangement.

AmCham’s latest white paper also highlighted Taiwan’s strategic importance as a semiconductor powerhouse and a key contributor to economic stability and security across the Asia-Pacific region.

Supporters believe the Taiwan US tax deal would strengthen bilateral investment flows and deepen commercial ties.