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Rather, taxes are governed by a series of laws and regulations each related to a specific type of tax. As the chief legislative body, the Legislative Yuan plays an important role in formulating and revising tax related laws. The Income Tax Act is the primary law that governs individual income and profit-seeking enterprise income taxes. [4]
On the other hand, consumption taxes, in the form of higher excise tax on tobacco products, petroleum products, automobiles, tobacco, and additional excise tax on sweetened beverages and non-essential, invasive cosmetic procedures were introduced. It also expanded the VAT base by repealing exemption provisions in numerous special laws.
These standards are divided into 26 numbered categories. Applying the National Standards is voluntary unless authorities in charge cite any parts of the standards as laws and regulations. By the end of 2003, more than 15000 national standards have been issued.
Taiwan hopes to reach a long-mooted tax agreement with the United States next year, Finance Minister Chuang Tsui-yun said on Wednesday, which both sides have said will foster more investment and ...
Download as PDF; Printable version; In other projects Wikimedia Commons; ... Pages in category "2017 in Taiwan" The following 10 pages are in this category, out of 10 ...
Taiwan was once considered an economic miracle. Now economic progress there has slowed to a halt as China, Taiwan’s imposing neighbor, grows bigger by the day. But in terms of social progress ...
Customs Administration. The Customs Administration, Ministry of Finance (CA; Chinese: 財政部關務署; pinyin: Cáizhèngbù Guānwushǔ), headquartered in Taipei, is the agency of the Ministry of Finance of Taiwan (ROC) dealing with customs policies and regulations in Taiwan.
WASHINGTON (Reuters) -Republican presidential candidate Donald Trump said he would impose additional tariffs on China if China were to "go into Taiwan," the Wall Street Journal reported. "I would ...