Reported 8 months ago
On June 23, 2024, Taiwanese Minister of Economic Affairs Guo Zhihui led a delegation to the US to attend the Select USA Investment Summit organized by the US Department of Commerce. During the summit, both Guo and Taiwan's representative in the US, Yu Daming, called for the prompt signing of the Avoidance of Double Taxation Agreement (ADTA) between Taiwan and the US to reduce costs for multinational investments, promoting economic ties between the two countries. The legislation is currently pending Senate approval in the US.
Source: YAHOO