Radio Taiwan Internationl
Date: 2017-10-21

Premier William Lai says a plan to cut property taxes on hotels will only be able to

(CNA)

move forward with support from local governments.

The plan seeks to boost the tourism industry through cuts to the land and housing taxes hotels must pay. The central government has finished with the administrative procedures needed to put the plan in action, and Lai has given the plan his approval.

However, on Saturday, Lai said the Cabinet must work to gain the support of local government heads because local governments receive the taxes that are to be cut. Lai said that the central government must secure the support of local officials in order for the tax cut plan to succeed. He said he understands the importance of informing local officials about the plan because of his own experience in local government. Lai served as mayor of the southern city of Tainan before taking over as premier in September.
[SOURCE]