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0 -1.07289230307574E-05 -6.43735381842395E-05 4.29156921228772E-05 -0.000815398150333599 -0.00102997661094783 -0.0028538935261679 -0.00349762890801014
Stock impact report

Taiwan Is Pushing Biden for a Tax Deal That Could Infuriate China [BNN Bloomberg (Canada)]

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) 
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm Check Earnings Report
Company Research Source: BNN Bloomberg
Taiwanese officials are pushing hard for an agreement to eliminate the burden of double taxation, like the US has with dozens of countries. In Congress on Wednesday, Treasury Secretary Janet Yellen acknowledged that the absence of such arrangements is a “very significant problem” and said the Treasury and State Department will “see if we can find a way” to address it. Without a deal, Taiwan argues, would-be investors will be put off by the prospect of whopping tax bills – and the administration's flagship industrial policy will fall short of its potential. The case will likely be pushed further by Taiwanese President Tsai Ing-wen, who'll be in the US during the coming week. Her visit is already raising tensions: China warned on Wednesday that a mooted meeting with House Speaker Kevin McCarthy would be seen as a “provocation.” Read More: China Warns Taiwan Leader to Avoid McCarthy as She Visits US There's plenty of sympathy for Taiwan's tax pleas in Washington. Biden would like Show less Read more
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