Yes, correct, tags are unique keywords different to titles and such as they are used in the url to search directly. If you neede two languages you need to use separate ones for each language. Or maybe combing them like "<lang1> <lang2" would be a solution if it is just two languages.
Another a little inconvenient way would be to pre-/suffix tags like <tag>_lang and the build custom functions to display them according to the language currently set and remove the _lang from the tag for display.
Tags are not translatable for overhead reasons actually.