Taiwan's Ministry of Finance has announced the promulgation of amendments to extend the reduced Securities Transaction Tax for day trading on the Taiwan securities market, which was approved by the Legislative Yuan on 31 December 2024. The tax was reduced from 0.3% to 0.15% (1.5‰) in April 2017 for a period of one year in order to support the market by promoting liquidity and trade volume and was subsequently extended to 31 December 2024 (Taiwan year 113). As approved and promulgated, a further three-year extension is provided to 31 December 2027 (Taiwan year 116).