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Possible Delay or Cancelation of Taiwan Capital Gains Tax on Share Trading

|Proposed Changes|Taiwan
Taiwan

According to recent reports, the planned introduction of a 15% capital gains tax (CGT) on the gains of large companies from the sale of shares exceeding TWD 1 billion will likely be delayed or possibly canceled. The 15% CGT rate was to apply from 1 January 2015, but according to Taiwan's Ministry of Finance the tax needs further review before implementation.

The CGT would be in addition to the…

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