No Tax Treaties for Foreign Aggressors Act

TL;DR (AI)

• This bill mandates the termination of the United States-People’s Republic of China Income Tax Convention if the People's Liberation Army initiates an armed attack against Taiwan.
• The Secretary of the Treasury must formally notify the People's Republic of China of the United States' intent to terminate the tax convention within 30 days of a presidential determination of an attack on Taiwan.
• The President must inform the Senate Committees on Foreign Relations and Finance of any termination of the income tax convention.