‘Double Tax’ Hinders Taiwan’s Investment in American Factories

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Businesses from Taiwan are rushing to produce semiconductor chips on U.S. soil, but the lack of a formal U.S.-Taiwan tax treaty is an impediment

WASHINGTON—Bowei Lee’s chemical company wants to open a new American factory to make materials for semiconductors, exactly the type of investment U.S. officials are courting as theyBut the Taiwan-based firm, LCY Group, faces a problem: Earnings from the new factory would be taxed twice.

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