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Taiwan Issues Notice on Collection of Securities Transactions Tax

13 May 2021

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Approved Changes

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Taiwan

The Taiwan Ministry of Finance has issued a notice concerning the collection of securities transactions tax, including in the case of repurchase and sale to employees. --- A Company transfering treasury stock to employee shall pay the Securities Transaction tax The National Taxation Bureau of Northern Area (NTBNA), Ministry of Finance stated that the securities transaction tax shall be collected by the collecting agent on the date of transaction at the required rate and paid to the national treasury on the following day with a filled payment slip. If the securities are transferred directly by the holder, the transferee shall...