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Greenpeace criticizes Taiwan’s carbon fee as too low
Greenpeace criticizes Taiwan’s carbon fee rates as too low to cut emissions effectively. The Ministry of Environment set the rate at NT$300 per ton, sparking concerns.2024/10/07 16:08 -
Taiwan delays carbon fee rate decision, eyes October meeting
Explore the latest on Taiwan’s carbon fee policy: MOENV’s fifth meeting discusses rates, with initial suggestions ranging from NT$300 to NT$500 per metric ton. Final rates expected by October, with charges starting in 2026.2024/09/09 15:59 -
MOENV holds fifth meeting on carbon fee rates
Explore the latest on Taiwan’s carbon fee adjustments as the Ministry of Environment discusses rates and impacts on the economy and industries. Learn about the balance between environmental goals and economic competitiveness.2024/09/09 11:36 -
Taiwan’s premier addresses surplus tax revenue use
Discover how Taiwan’s Premier Cho Jung-tai addresses surplus tax revenue and debt repayment in the Legislative Yuan, alongside discussions on AI technology for policy advocacy and privacy concerns.2024/07/02 14:42 -
Taipower at risk of financial crisis without government aid
Taiwan Power Co. (Taipower) faces a potential financial crisis by year-end without government aid or electricity price hikes, warned Minister of Economic Affairs Wang Mei-hua. An upcoming electricity price review may see rates for ultra-high-voltage users surge by over 10%. Wang emphasizes the need for discussion in the committee meeting and assures efforts to minimize impacts on the public. Taipower’s efficient management has helped curb price spikes and inflation, with plans in place for financial support and program development. Current electricity costs for major consumers stand at around NT$1.63, while Taipower’s generation cost, pre-tax, is NT$3.93, expected to surpass NT$4 post-tax.2024/02/20 13:10 -
Hou Yu-ih pledges brighter future for Taiwan’s youth
KMT presidential candidate Hou Yu-ih expresses commitment to a brighter future for youth, highlighting his pragmatic and steady approach. Despite lower support among young voters compared to TPP candidate Ko Wen-je, Hou aims to attract their support through initiatives like a housing subsidy and tax deductions. He emphasizes the importance of engaging with young people and understanding their perspectives for the future.2023/12/20 21:15 -
Legislative Yuan okays ’House Hoarding Tax 2.0’
Taiwan’s Legislative Yuan has passed an amendment to the House Tax Act, known as the "House Hoarding Tax 2.0," raising the tax rate for non-owner-occupied housing to a range of 2 to 4.8 percent, up from the current range of 1.5 to 3.6 percent. The tax rates will apply nationally to all properties owned by individuals and will be implemented by July 2025. Local governments will set their tax rate discrepancies based on the total number of residential properties owned nationwide. The amendment was approved in the Legislative Yuan session following negotiations among the Democratic Progressive Party (DPP), the Kuomintang (KMT), and the Taiwan People’s Party (TPP), with dissent from the New Power Party (NPP).2023/12/19 22:13 -
NPP legislator criticizes Lai over rental subsidies
NPP legislator Chiu Hsien-chih criticized DPP presidential candidate Lai Ching-te over rental subsidies, suggesting that some landlords prefer reducing rents rather than allowing tenants to apply for subsidies. During a forum, Lai proposed that landlords offering rental subsidies receive reductions in taxes and funds for home maintenance and administrative fees. Chiu argued that some landlords would rather lower rental rates than enable tenants to apply for subsidies, as it could lead to them paying more income tax. Chiu also highlighted that the government expanded the rental subsidy amount to NT$300 billion last year, aiming to support 500,000 households, but only 278,000 households received assistance, achieving an implementation rate of 55.74%.2023/11/19 16:33 -
Taiwan approves tax amendments targeting property hoarders
Taiwan’s Executive Yuan approves amendments to the "House Tax Act," targeting property hoarders and offering tax breaks to single-occupancy homeowners. Learn how these changes may affect 3.1 million households.2023/09/21 19:37 -
Taiwan’s excess tax revenue unable to reduce national debts
The Ministry of Finance (MOF) estimates that Taiwan will see an excess tax revenue of NT$450 billion this year.2022/12/26 18:43