Focus Taiwan
Date: 2018/01/04
By Shih Hsiu-chuan
Taipei, Jan. 4 (CNA) Taiwan should step up efforts to strike an agreement with the United
Lai Ching-te (賴清德/CNA file photo)
States to prevent taxation of the same income twice in both countries and to enhance bilateral supply chain links, Premier Lai Ching-te (賴清德) said Thursday.
Lai made the remarks at a weekly Cabinet meeting after National Development Council (NDC) chief Chen Mei-ling (陳美伶) briefed officials on the impacts of the U.S. tax reform on Taiwan, Executive Yuan spokesperson Hsu Kuo- yung (徐國勇) said.
As the sweeping U.S. tax reform gives major breaks to corporations, bigger Taiwanese companies might have to adjust their global deployment by relocating to the U.S., according to the NDC study. [FULL STORY]