According to recent reports, the planned introduction of a 15% capital gains tax (CGT) on the gains of large companies from the sale of shares exceeding TWD 1 billion will likely be delayed or possibly canceled. The 15% CGT rate was to apply from 1 January 2015, but according to Taiwan's Ministry of Finance the tax needs further review before implementation. The CGT would be in addition to the securities tax of 0.3% for company shares and 0.1% for corporate bonds and other government approved securities. As originally planned, taxpayers would have the option to pay a 0.1% tax on...