Market
Story
U.S. House Passes H.R. 33 to Ease Tax Burden on U.S.-Taiwan Business
Jan 15, 2025, 09:50 PM
The U.S. House of Representatives has passed the United States-Taiwan Expedited Double-Tax Relief Act (H.R. 33) with a vote of 423-1, showcasing strong bipartisan support. The legislation aims to eliminate double taxation on companies doing business between the U.S. and Taiwan, thereby strengthening economic ties and reducing reliance on China. Key benefits include boosting American manufacturing jobs, supporting domestic semiconductor and chip manufacturing, securing strategic supply chains, and countering China's influence. The bill is now headed to the Senate for consideration.
View original story
Similar markets
Significant deterioration • 25%
Minor deterioration • 25%
Improvement • 25%
No change • 25%
Increase in Trade Volume • 25%
Significant Decrease (>10%) • 25%
Moderate Decrease (5-10%) • 25%
No Significant Change • 25%
Sales are canceled • 25%
Cancelled • 25%
Reduced • 25%
Delayed • 25%
Proceed as planned • 25%
Sales proceed without change • 25%
Sales are reduced • 25%
Sales are delayed • 25%
Maintain current policy • 25%
Shift to a neutral stance • 25%
Decrease support for Taiwan • 25%
Increase support for Taiwan • 25%
Worsened • 25%
Unclear • 25%
No Change • 25%
Improved • 25%
No change • 25%
Decrease by 10% or more • 25%
Increase • 25%
Decrease by less than 10% • 25%
No change in trade deficit • 25%
Trade deficit increases • 25%
Trade deficit decreases • 25%
Other outcome • 25%
New trade agreement • 25%
Status quo maintained • 25%
Other outcome • 25%
Trade war • 25%
Trade surplus achieved • 25%
Trade deficit decreases • 25%
Trade deficit increases • 25%
Trade deficit remains the same • 25%
Increase in military aid • 25%
No significant change • 25%
Decrease in military aid • 25%
Other • 25%
Trade war • 25%
Increased tensions • 25%
No significant change • 25%
Improved relations • 25%
Uncertain • 25%
Improvement • 25%
Worsening • 25%
No Change • 25%