CONSECUTIVE GROWTH: Stock transactions generated NT$9.4 billion in tax revenue, rising 12.5 percent from a year earlier, as stock transactions hit a new high since 2009
Taipei Times
Date: May 13, 2020
By: Crystal Hsu / Staff reporter
A woman submits her tax documents at the Taipei National Taxation Bureau yesterday.
Photo: AFP / Sam Yeh
The overall gains in tax revenue came even though business activity and housing deals slackened amid the COVID-19 pandemic.
“Trading on the local bourse is vibrant this year, allowing securities transaction tax revenue to post growth for seven months straight,” Department of Statistics Deputy Director-General Chen Yu-feng (陳玉豐) said.
/Stock transactions generated NT$9.4 billion in tax revenue, jumping 12.5 percent from a year earlier, with average daily turnover rising 21.19 percent from NT$155.2 billion to NT$186.4 billion last month, Chen said. [FULL STORY]
