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Surplus tax revenue in Taiwan opens debate on spending
Taiwan’s government confirms budget surplus, prioritizes debt repayment and infrastructure investments. Cabinet spokesman Lin Tze-luen expresses gratitude for joint efforts leading to economic growth. Taiwan’s annual tax revenue exceeds target, reaching NT$367.1 billion in fiscal year 2023, marking the third-highest record. Speculation arises on possible cash rebate as government distributed NT$6,000 to citizens in 2022 surplus. Lin Tze-luen declares government will consider public opinion on surplus utilization. Surplus will be applied with fiscal discipline, focusing on debt repayment and infrastructure investments. Efforts will be made to meet national and individual needs for sustainable development.2024/01/25 15:15 -
Five ways to receive your NT$6,000 tax rebate
Taiwanese nationals and eligible foreign residents can look forward to receiving NT$6,000 from the tax surplus of last year.2023/03/17 20:00 -
Taiwan nationals to receive NT$6,000 cash rebate in April
Taiwan’s Executive Yuan has approved a budget of NT$6,000 for each citizen and eligible foreign nationals in the hopes of providing economic relief in the wake of the soaring costs of living.2023/02/24 20:46 -
Taiwan’s opposition parties worry about NT$6,000 cash rebate
Opposition party members in Taiwan have expressed their disapproval and concerns over the ruling party’s decision to provide a NT$6,000 tax rebate to those living in Taiwan.2023/01/18 17:30 -
Taiwan divided on prospects of NT$6,000 cash rebate
The Taiwanese government recently announced that citizens will receive a one-off NT$6,000 cash payment due to a national tax revenue surplus, but public opinion remains divided on whether this would actually help locals and their businesses.2023/01/10 20:16