S. 199: A bill 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.

S. 199 is a federal bill in the 119th Congress. Today, individuals and businesses earning income in both the United States and Taiwan often face taxes on that same income in both places because the two governments lack a standard formal tax treaty. This bill establishes a domestic legal framework to… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.