Local KMT gov’t heads come out against abolition of stamp tax

Radio Taiwan Internatinal
Date: 29 August, 2019
By: John Van Trieste

KMT local government heads held a press conference Wednesday to express their opposition to the planned repeal of the stamp tax.

The heads of 15 local governments controlled by the opposition KMT have issued a joint statement decrying the planned abolition of the stamp tax.

The stamp tax is imposed on a range of documents and transactions including real estate sales and contracts. It is an important source of revenue for Taiwan’s counties and special municipalities.
[FULL  STORY]

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