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Corporate bonds to be exempted from securities transaction tax.
Taipei, Jan. 30, 2002 (CENS)--Trading of corporate bonds and bank debentures will be exempted from securities transaction tax starting on Feb. 1 following the expected promulgation of the revised Statute for Industrial Upgrading today, officials said yesterday
President Chen Shui-bian is expected to promulgate the revised bill today, making it become effective in line with the inauguration of the new Cabinet on Feb. 1, said officials at the Industrial Development Bureau under the Ministry of Economic Affairs
Other investment activities and capital spent or allocated for industrial or corporate upgrading will also benefit from the promulgation of the revised …
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