Taiwan’s finance ministry considers tax cuts to boost economy

Want China Times
Date: 2015-10-06
By: CNA and Staff Reporter

Taiwan’s finance minister, Chang Sheng-ford, said Monday that his ministry is

Taiwan's minister of finance, Chang Sheng-ford. (Photo/Chen Hsin-han)

Taiwan’s minister of finance, Chang Sheng-ford. (Photo/Chen Hsin-han)

considering lowering taxes to revive the national economy, as long as such a step would not compromise the country’s financial integrity.

The ministry is looking at different measures, including tax incentives to companies that attract and retain talent, he told lawmakers during a question and answer session in the legislative Economics Committee.

“I am not against tax cuts,” Chang said, when asked how the ministry plans to revive the economy. He suggested that tax benefits could also be offered to Taiwanese businesses returning from overseas to invest in Taiwan.     [FULL  STORY]

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