Focus Taiwan
Date: 2019/02/18
By: Chiu Po-shen and William Yen
Taipei, Feb. 18 (CNA) Taiwan collected tax revenues totaling NT$2.39 trillion (US$77.39 billion) in 2018,
CNA file photo
up over NT$100 billion from 2017, according to statistics released by the Ministry of Finance (MOF) on Monday.
According to the MOF, the figure was up 6 percent, or NT$135.7 billion, from a year earlier, and also was NT$89.7 billion higher than the expected revenues budgeted at the beginning of the year.
Compared with the previous year, individual income tax revenues increased by NT$26 billion, while corporate income tax receipts were up by NT$64.6 billion, the statistics showed.
Business tax revenues rose NT$30.4 billion, and tobacco and alcohol taxes were up NT$19.4 billion, the figures showed. [FULL STORY]
