Amend the Internal Revenue Code of 1986 to provide special rules for the taxation of certain residents of Taiwan with income from sources within the United States.

This proposal would create special U.S. tax rules for some people who live in Taiwan and earn money from U.S. sources. The goal is to prevent the same income from being taxed twice, once by the United States and once by Taiwan, and to make the rules clearer for those taxpayers .

In everyday terms, it aims to ease the tax burden on Taiwanese residents who work, invest, or do business tied to the U.S., by setting clearer rules for how their U.S.-source income is taxed. Details like exact eligibility, rates, or start dates are not provided in the text available here .

• Key points:
  • Who is affected: Certain residents of Taiwan with income from U.S. sources .
  • What changes: Creates special tax rules to provide double-tax relief and clearer guidance .
  • When: Not specified in the provided text .