H.R. 33: To amend the Internal Revenue Code of 1986 to provide special rules for the taxation of certain residents of Taiwan with income from sources within the United States.

H.R. 33 is a federal bill in the 119th Congress. Before this bill, individuals and businesses earning income in both the United States and Taiwan often faced double taxation because the two governments lack a formal tax treaty, resulting in standard withholding rates of 30 percent on passive income like… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.