06/23/2026
Taiwan Urges U.S. Congress to Pass Double-Tax Relief Legislation
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On June 18, 2026, Taiwan President Lai Ching-te received a U.S. House delegation –– including Representative Lucy McBath (D-GA), second vice chair of the Congressional Black Caucus (CBC), and Representative Valerie Foushee (D-NC), a member of the caucus –– at the Presidential Office.
During the meeting, Lai called for expanded Taiwan-U.S. cooperation in defense, technology, industry, and artificial intelligence (AI), while also highlighting the need to remove remaining barriers to cross-border investment.
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Breaking Down the Double Taxation Barrier
President Lai explicitly called on the U.S. Congress to expedite the passage of U.S.-Taiwan double taxation relief legislation, which he said would reduce cross-border investment barriers and further foster bilateral commercial cooperation.
This push directly aligns with the relevant Senate legislation, the United States-Taiwan Expedited Double-Tax Relief Act (S.199). This bipartisan legislation complements the House version (H.R.33), which overwhelmingly passed the House by a 423–1 vote in January 2025.
Meanwhile, American Chamber of Commerce in Taiwan (AmCham Taiwan) President Carl Wegner announced that he would lead a high-level business delegation to Washington for “door-knock” meetings with U.S. officials on boosting bilateral trade.
Wegner expressed optimism that the long-stalled double-tax relief effort could move further forward in the near future, bolstered by the momentum of the U.S.-Taiwan Agreement on Reciprocal Trade (ART) signed in February 2026.
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AI and Semiconductor Pipeline
Against the backdrop of the accelerating AI revolution, eliminating double taxation has become increasingly urgent. Driven by the unprecedented AI boom, two-way trade in goods reached US$256 billion in 2025, making Taiwan the United States’ fourth-largest trading partner (surpassing Japan, Germany, and South Korea).
During the meeting with the U.S. House delegation, President Lai highlighted the newly established U.S.-Taiwan Semiconductor Education Alliance –– an initiative designed to promote collaboration among universities, industry, and government stakeholders to strengthen bilateral semiconductor workforce talent pipelines.
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Implications
AmCham’s 2026 Business Climate Survey highlights Taiwan’s vital role in global technology supply chains, with 92% of members planning to maintain or increase investments in Taiwan. The survey also found that 76% of respondents consider a double taxation avoidance agreement important to their business, underscoring the private-sector demand for congressional action.
Separately, AmCham’s 2026 Taiwan White Paper frames Taiwan as a critical partner for U.S. technology supply chains and Indo-Pacific stability, highlighting significant opportunities for U.S.-Taiwan R&D and co-production in drones, robotics, and other asymmetric capabilities.
Given these growing economic bonds, it is essential that the U.S. Senate swiftly pass the United States-Taiwan Expedited Double-Tax Relief Act (S.199) to remove remaining barriers to deeper bilateral investment and cooperation.
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Sources:
[1] Focus Taiwan
https://focustaiwan.tw/politics/202606180027
[2] Taipei Times
https://www.taipeitimes.com/News/taiwan/archives/2026/06/19/2003859364
[3] S.199 / H.R.33 (United States-Taiwan Expedited Double-Tax Relief Act)
https://www.congress.gov/bill/119th-congress/senate-bill/199
https://www.congress.gov/bill/119th-congress/house-bill/33
[4] Taipei Times
https://www.taipeitimes.com/News/biz/archives/2026/06/16/2003859204
[5] Office of the U.S. Trade Representative (USTR)
https://ustr.gov/about/policy-offices/press-office/fact-sheets/2026/february/fact-sheet-us-taiwan-agreement-reciprocal-trade
[6] AmCham Taiwan (2026 Taiwan White Paper)
https://amcham.com.tw/2026/06/2026-taiwan-white-paper-messages-to-washington/
[7] American Institute in Taiwan (AIT)
https://www.ait.org.tw/us-taiwan-partners-advance-semiconductor-workforce-cooperation-through-new-higher-education-alliance/
[8] AmCham Taiwan (2026 Business Climate Survey)
https://amcham.com.tw/advocacy/2026-business-climate-survey/
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Photos: Taiwan’s Presidential Office; AmCham Taiwan (Screenshots)

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