TAIPEI—Taiwan’s government, running a deficit budget for the sixth straight year, is considering increasing taxes on high-income earners and financial institutions, as the export-dependent economy is showing more signs of picking up.
Finance Minister Chang Sheng-ford said Monday the government is looking at raising the top rate of income tax to 45% from 40% on individuals whose annual taxable income exceeds 10 million New Taiwan…
Read this article: Taiwan Considers Tax Increase
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