,,iii #aahth ,,congress #ast ,session ,s4 ,,res4 #ia ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,march #b1 #bjbc,mr4 ,van ,hollen 7for himself1 ,mr4 ,cassidy1 ,mr4 ,kaine1 ,mr4 ,young1 ,mr4 ,coons1 and ,mr4 ,romney7 submitted the following resolution2 which was referred to the ,committee on ,foreign ,relations ,,resolution ,expressing the sense of the ,senate on the value of a tax agreement with ,taiwan4 ,whereas ,taiwan is a democratic success story1 an economic success story1 a key part of global technology supply chains1 and a close security partner of the ,united ,states2 ,whereas the ,united ,states has pursued a robust unofficial partnership with ,taiwan within the context of the current one-,china policy of the ,united ,states2 ,whereas the ,taiwan ,relations ,act 7#bb ,u4,s4,c4 #ccja et seq47 has played an important role in promoting democracy and prosperity in ,taiwan1 peace and security in the ,taiwan ,strait1 and close relations between the ,united ,states and ,taiwan since #aigi2 ,whereas ,taiwan is the eighth-largest trading partner of the ,united ,states1 ,united ,states exports of goods and services to ,taiwan support at least #ahh1jjj ,american jobs1 and ,taiwan's cumulative investment in the ,united ,states is at least #ac1gjj1jjj1jjj2 ,whereas the ,united ,states has ongoing economic dialogues with ,taiwan that cover a range of trade1 technology1 and investment issues through the ,trade and ,investment ,framework ,agreement ,council led by the ,united ,states ,trade ,representative1 the ,u4,s4-,taiwan ,economic ,prosperity ,partnership ,dialogue led by the ,department of ,state1 and the ,technology1 ,trade1 and ,investment ,collaboration framework led by the ,department of ,commerce2 ,whereas the ,biden ,administration announced the ,u4,s4-,taiwan ,initiative on #bast ,century ,trade on ,june #a1 #bjbb2 ,whereas the ,united ,states has income tax treaties with #ff countries1 including the ,people's ,republic of ,china1 and has agreements with other parties1 including ,taiwan1 related to taxation1 such as facilitating implementation of the ,foreign ,account ,tax ,compliance ,act2 ,whereas ,taiwan is the ,united ,states largest trading partner with whom we do not have an income tax treaty2 ,whereas ,taiwan has income tax agreements with #cd countries1 including countries that have trade agreements with the ,united ,states and do not maintain diplomatic relations with ,taiwan2 ,whereas the ,united ,states signed a transportation income tax agreement with ,taiwan in #aihh1 under the auspices of the ,american ,institute in ,taiwan 7,,ait7 and the ,coordination ,council for ,north ,american ,affairs1 which has since been renamed as the ,taipei ,economic and ,cultural ,representative ,office 7,,tecro72 ,whereas an income tax agreement between the ,united ,states and ,taiwan could boost bilateral trade and investment by reducing double taxation and increasing economic efficiency and integration2 and ,whereas the ,american ,chamber of ,commerce in ,taipei in its #bjbb ,white ,paper called for the ,united ,states and ,taiwan to continue exploring an income tax agreement3 ,now1 therefore1 be it ,that the ,senate-- 7#a7 recognizes the importance of ,taiwan's security and prosperity to the ,united ,states own security and prosperity2 7#b7 encourages the ,president to begin negotiations on an income tax agreement with ,taiwan2 7#c7 encourages the ,president and the ,house of ,representatives to work with the ,senate on a congressional-executive agreement to establish an income tax agreement between the ,united ,states and ,taiwan1 consistent with ,united ,states commitments under the ,taiwan ,relations ,act 7#bb ,u4,s4,c4 #ccja et seq472 and 7#d7 encourages the ,president to proactively seek other ways to increase trade1 technology1 and investment ties between the ,united ,states and ,taiwan4