John Cornyn (R-TX)
No Tax Treaties for Foreign Aggressors Act
A Republican bill with 2 Democratic cosponsors · See all 3 cosponsors
Last activity — Read twice and referred to the Committee on Foreign Relations.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill, known as the "No Tax Treaties for Foreign Aggressors Act," establishes a plan to end the income tax treaty between the United States and the People's Republic of China. The termination is triggered if the President determines that the People's Liberation Army has started an armed attack against Taiwan. Once notified by the President, the Secretary of the Treasury must provide written notice of the intent to terminate the convention through diplomatic channels. This notice must be sent within 30 days of the President's notification. Additionally, the President is required to notify specific Senate committees regarding this termination.
Yes
- Scored +5
Does this raise the taxes companies pay?
The termination of the income tax treaty will likely result in higher tax liabilities for corporations operating across these borders.
- Scored +4
Does this strengthen ties with allied countries?
The bill signals strong diplomatic support for Taiwan in response to potential military aggression.
The opposite
- Scored -6
Would business owners be better off under this?
The termination of the tax treaty increases the tax burden and complexity for business owners with cross-border interests involving China.
Who it would affect, and how
Potential Positive Impacts for People
- Conditional Termination of Tax Convention: The bill provides a mechanism to terminate the United States-People's Republic of China Income Tax Convention if an armed attack occurs (Section 2, subsection a). This serves as a response to specific military actions taken by the People's Liberation Army against Taiwan.
Potential Negative Impacts for People
- Termination of Income Tax Convention: The bill mandates the termination of the United States-People's Republic of China Income Tax Convention, which was entered into force on January 1, 1987 (Section 2, subsection a). This termination is triggered by the specific condition of an armed attack against Taiwan.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would business owners be better off under this? — The termination of the tax treaty increases the tax burden and complexity for business owners with cross-border interests involving China.
- Economy And Finance
- Does this raise the taxes companies pay? — The termination of the income tax treaty will likely result in higher tax liabilities for corporations operating across these borders.
- National Security And Foreign Policy
- Does this strengthen ties with allied countries? — The bill signals strong diplomatic support for Taiwan in response to potential military aggression.
- 8/1/2025
- Read twice and referred to the Committee on Foreign Relations.
- 3 Cosponsors added.
- Introduced in Senate
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Bill CassidyRepublican · Louisiana
Christopher CoonsDemocrat · Delaware
Catherine Cortez MastoDemocrat · Nevada