Taiwan Approves Further Extension of Reduced Securities Transaction Tax on Day Trading

Taiwan's Ministry of Finance has announced that the Legislative Yuan approved on 21 December 2021 an extension of the reduced Securities Transaction Tax for day trading on the Taiwan securities market. The tax was reduced from 0.3% to 0.15% (1.5‰) in April 2017 for a period of one year in order to support the market by promoting liquidity and trade volume and was subsequently extended an addit…
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