Abolition of stamp tax would benefit the public: Premier

Radio taiwan International
Date: 12 September, 2019
By: Paula Chao

Premier Su Tseng-chang says that abolishing the stamp tax would benefit the public. Su was speaking

Premier Su Tseng-chang (CNA file photo)

at a Cabinet meeting held Thursday, after the government gave the green light for scrapping the tax.

Su said the “outdated” stamp tax is no longer needed now that a sound mechanism is in place to monitor economic activity. He also said that collecting the tax is a costly process, and that verification procedures for the paperwork the tax entails are cumbersome.   [FULL  STORY]

 

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