The following are the key features of the tax code revisions unveiled by the finance ministry Thursday that aim to help spur economic growth and support the livelihoods of the people. To underpin economic dynamism - promoting investment, employment, regional development - enhancing corporate competitiveness - reinvigorating capital market To revive economy for general public - supporting marriage, childbirth, child rearing - easing burdens of vulnerable people, middle classes - backing small merchants, small- and mid-sized businesses To rationalize taxation system - adjusting tax burdens reasonably, making tax scheme efficient - modifying tax-free, tax deduction measures - boosting transparency of tax revenue base To create taxpayer-friendly environments - improving taxpayers' convenience - protecting taxpayers' rights Source: Yonhap News Agency
Recent News
Hon Hai Subsidiary Launches Major AI Cluster in Taiwan
July 31, 2026
Taiwan Shares Surge by 7.98%
July 31, 2026
Taiwan Manufacturing Sector Shows Steady Growth in June
July 31, 2026