Taiwan Finance Departments Accelerate The Promotion Of Luxury Tax Legislation &Nbsp, And Will Be Sent Before The End Of March.

According to the "Central News Agency" reported that the Taiwan authorities, "finance ministry" 28 officials said that the promotion of local luxury tax, the acceptance of all sectors, the Ministry of finance will quickly seek consensus and draft the draft, sent to the "Executive Yuan" conference as soon as possible, estimated that the draft tax bill will be sent to the Legislative Yuan as soon as possible by the end of March.

The Taiwan authorities have promoted the luxury tax (special goods and services Tax Ordinance).

The luxury tax will include non self employed real estate pactions (housing and land) that have been pferred over the past 2 years, and cars, aircraft and yachts with more than 3 million yuan (New Taiwan dollars, the same below), and 500 thousand yuan of fur and other conservation products and clubs.

The luxury tax plan came into being on the 24 day, which drew attention from all walks of life.

The "President of the administration", Wu Dunyi, also expressed in the "Legislative Yuan". The authorities have been studying the Levy of luxury tax for a period of time. "Taxation for making money is a natural thing". The authorities hope that the Legislative Yuan will complete the three reading legislation in the first half of the year, and formally implement it in the second half of the year.

Officials of the Ministry of Finance said that a high consensus on the promotion of luxury tax would allow luxury tax to start as soon as possible.

The Ministry of finance will actively promote from 1 days. In addition to holding a symposium and listening to all opinions, the Ministry of finance will convene an internal ad hoc meeting as soon as possible, so that the luxury tax bill will be formed.

Officials said that "the Ministry of finance" accelerated the luxury tax, and immediately signed the "Executive Yuan" after the completion of the internal operation. Once the "Executive Yuan" conference was passed, it could immediately send the "Legislative Yuan".

Officials said that in the light of the current situation, it is confident that the luxury tax bill will be sent to the Legislative Yuan before the end of March.