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Taiwan to Tax Gains from Sales of Unlisted Shares by Individual Shareholders

|Proposed Changes|Taiwan
Taiwan

Taiwan's Ministry of Finance has reportedly submitted a proposed bill that would provide for the taxation of capital gains from the sale of unlisted companies by individual shareholders. The proposal is partly to address avoidance issues where instead of taking dividends from an unlisted company, which is taxable, individual shareholders will transfer their shares in the unlisted company, which…

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