Taiwan Increases Taxation of Real Estate Sales to Curb Speculation
According to recent reports, Taiwan has implemented amendments to the Income Tax Law from 1 July 2021 in order to curb real estate speculation, including amendments to the capital gains tax regime for real estate (immovable) property sales that was introduced from 1 January 2016. The amendments were approved by Taiwan's Executive Yuan (Cabinet) in March 2021 and by the Legislative Yuan in April…
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