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Tax revenue jumps 20% - Taipei Times

The national treasury last month collected NT$567.3 billion (US$20.37 billion) in tax revenue, a 20.1 percent increase from a year earlier, setting new records in corporate income, securities transaction and business tax revenues, the Ministry of Finance said yesterday. Corporate income tax revenue soared 77.7 percent to NT$230.6 billion, as export-focused companies benefited from an improving global economy and emerged unscathed from Taiwan’s domestic COVID-19 outbreak, which began in May, Department of Statistics Deputy Director-General Chen Yu-feng (陳玉豐) told an online news conference in Taipei. Taiwan is home to the world’s largest makers of semiconductors, camera lenses, flat panels and other electronic

Deadline warning - Taipei Times

Deadline warning - Taipei Times
taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.

Protected taxation - Taipei Times

Protected taxation - Taipei Times
taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.

Financial services to stay open amid level 3 alert

Financial services to stay open amid level 3 alert NO IN-PERSON FILING: Tax offices in the north would only offer other services, and scheduled shareholders’ meetings would implement virus curbs, authorities said By Kao Shih-ching / Staff reporter Banks, insurers and brokerages in Taipei and New Taipei City are to open as normal tomorrow, the Financial Supervisory Commission said on Saturday. All financial service providers have been instructed to ensure uninterrupted customer services while following the cities’ tightened disease prevention measures, the commission said. The announcement came after the Central Epidemic Command Center raised the COVID-19 alert for the two cities to level 3 through Friday next week, calling on the public to avoid unnecessary travel, activities and gatherings, banning indoor gatherings of more than five people and outdoor gatherings of more than 10 people, and implementing sector-specific rules

Tax revenue soars on securities, property sales

Tax revenue soars on securities, property sales BEATING FORECAST: Tax revenue in the first four months increased 15.5 percent annually to NT$599.9 billion and covered 24.6 percent of the government budget By Crystal Hsu / Staff reporter The national treasury last month collected NT$132.7 billion (US$4.75 billion) in tax revenue, an increase of 11.4 percent from a year earlier, bolstered mainly by sharp increases in securities and property transactions, the Ministry of Finance said yesterday. Securities transactions generated a record NT$24.4 billion in tax revenue, rising 1.6 times from a year earlier, as daily turnover on the Taiwan Stock Exchange and the Taipei Exchange expanded almost threefold to a new high of NT$526.9 billion, Department of Statistics Deputy Director-General Chen Yu-feng (陳玉豐) told a news conference in Taipei.

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