OrbitaxOrbitax

Taiwan to Extend Reduced Securities Transaction Tax on Day Trading

|Proposed Changes|Taiwan
Taiwan

Taiwan's Ministry of Finance has announced that the Executive Yuan has approved a three-year extension of the reduced Securities Transaction Tax for day trading on the Taiwan securities market. The tax was reduced from 0.3% to 0.15% in April 2017 for a period of one year in order to support the market by promoting liquidity and trade volume. The three-year extension is now subject to approval …

Continue Reading