U.S., Taiwan to begin talks on double taxation deal: Treasury Department

WASHINGTON (Reuters) — The United States and Taiwan will begin negotiations in the coming weeks to work on an agreement to address double taxation issues, the U.S. Treasury Department said on Tuesday.

Both sides have said such an agreement will foster more investment, and Taipei has long pushed for it. The move was announced as a senior U.S. diplomat who helps manage ties with Taiwan arrived in Taipei on Tuesday.