No Tax Treaties for Foreign Aggressors Act

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 2646 Introduced in Senate (IS)]

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119th CONGRESS
  1st Session
                                S. 2646

 To terminate the United States-People's Republic of China Income Tax 
 Convention if the People's Liberation Army initiates an armed attack 
                            against Taiwan.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             August 1, 2025

Mr. Cornyn (for himself, Mr. Coons, Mr. Cassidy, and Ms. Cortez Masto) 
introduced the following bill; which was read twice and referred to the 
                     Committee on Foreign Relations

_______________________________________________________________________

                                 A BILL


 
 To terminate the United States-People's Republic of China Income Tax 
 Convention if the People's Liberation Army initiates an armed attack 
                            against Taiwan.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``No Tax Treaties for Foreign 
Aggressors Act''.

SEC. 2. CONDITIONAL TERMINATION OF THE UNITED STATES-PEOPLE'S REPUBLIC 
              OF CHINA INCOME TAX CONVENTION.

    (a) In General.--The Secretary of the Treasury shall provide 
written notice to the People's Republic of China through diplomatic 
channels of the United States' intent to terminate the United States-
The People's Republic of China Income Tax Convention, done at Beijing 
April 30, 1984, and entered into force January 1, 1987, as provided by 
Article 28 of the Convention, not later than 30 days after the 
President notifies the Secretary of the Treasury that the People's 
Liberation Army has initiated an armed attack against the Republic of 
China (commonly known as ``Taiwan'').
    (b) Congressional Notification.--The President shall submit written 
notification of a termination described in subsection (a) to--
            (1) the Committee on Foreign Relations of the Senate; and
            (2) the Committee on Finance of the Senate.
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