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

Belgique Nouvelles Nouvelles

‘Double Tax’ Hinders Taiwan’s Investment in American Factories
Belgique Dernières Nouvelles,Belgique Actualités

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.

 

Belgique Dernières Nouvelles, Belgique Actualités

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