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Taiwan's Luxury Tax Bill Was First Passed.

2011/4/12 15:22:00 28

Taiwan Luxury Tax High Consumption

according to Taiwan "Central News Agency" reported that Taiwan's "Legislative Yuan Finance Committee" was first passed on 6 th. Luxury tax bill "And delete the original" other approved by the Ministry of finance "exemption items, not belong to the conservation category coral is not included in the scope. According to the analysis, the "luxury tax" is expected to begin in June this year.
The draft special goods and services Tax Ordinance, known as the "luxury tax bill", consists of 26 articles. The draft approved by the first instance stipulates that the house with non self occupied housing and its base and open space will be transferred within two years. It will levy a luxury tax of 10%, 15% to 1 or 2 years for the less than 1 years, respectively. about High consumption The price of goods, such as passenger cars, yachts, helicopters, aircraft and ultralight vehicles, is more than NT $3 million, with a 10% luxury tax.
According to the analysis of the Legislative Yuan, if the DPP does not have any opinion on the luxury tax bill, the Legislative Yuan procedural committee will be able to put the draft on the 22 day of the 19 session of the Legislative Council on the date of the two or three reading of the Legislative Council on April 22nd. However, the National Party legislator, Lai Shi Bao, said that taking into account other possible factors, the road should be the most probable time in June.

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