No Tax Treaties for Foreign Aggressors Act

No Tax Treaties for Foreign Aggressors Act would automatically end the United States–People's Republic of China (PRC) income tax treaty if the Chinese military (the People’s Liberation Army) initiates an armed attack against Taiwan. The bill requires the Secretary of the Treasury to notify the PRC within 30 days of such an attack and directs the President to inform two Senate committees (Foreign Relations and Finance) in writing about the termination. The treaty to be terminated is the 1984 U.S.–PRC income tax convention, which governs how income is taxed across borders and provides reduced withholding rates and other protections for cross-border activities. The actual termination would proceed under the treaty’s own Article 28 (the treaty’s termination clause), with the precise timing determined by that article. Sponsors noted in the bill include Senators Cornyn, Coons, Cassidy, and Cortez Masto. The bill uses a political-foreign-policy trigger (armed aggression against Taiwan) to alter tax treaty relationships, elevating Taiwan-related security considerations into tax policy.