Legislative Yuan enacted the corporate income tax rate lowered to 17%

2010-06-11 16:54:35

From the overview of Asian corporate income tax rate, previous rate of 20% in Taiwan are now cut down to 17% just like 17% in Singapore and 16.5% in Hong Kong. This way will have more chance to compete with China’s 25%, Korea’s 22%. This can boost the overall economic and industrial development should even create more employment opportunities for Taiwan. The reformation of low tax burden benefit all industries, it will provide a better and competitive investing environment for everyone.

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