Executive Yuan Inclined to Exempt Foreign Investors From Minimum Tax.

(From Taiwan Economic News)

Taipei, July 5, 2006 (CENS)--The government will adopt a more lenient stance towards levying a minimum tax on foreign stock investors, according to remarks made by Vice Premier Tsai Ing-wen at a ceremony marking the transfer of office between the new and outgoing finance ministers. During the ceremony, Tsai pointed out that despite her respect for the expertise and policies of the Ministry of Finance (MOF), the Executive Yuan will not necessarily make concessions to the MOF on a number of issues, including the minimum tax on foreign investors

In response to inquiries from the press following the ceremony, Tsai noted that taxation …