Entertainers, athletes looped in to Taiwan tax benefits

Entertainers, athletes looped in to Taiwan tax benefits

A pair of senators who represent cities with iconic music and entertainment scenes teamed up to aid Taiwanese artists and athletes in a widely backed bill to extend friendly tax treatment to a key U.S. ally. The Senate Finance Committee on Thursday added a section to its legislation to create tax treaty-like benefits for Taiwanese businesses, investors and workers. The new language to reduce double taxation for entertainers and athletes mimics a…