萬國法律事務所

The Government is planning for raising funds for long-term care. Besides the public budgets, the following funds might be raised from increased inheritance tax, not from business tax. The Councilors of the Government illustrated the draft of the adjustment program of inheritance tax: (1) tax rate would be increased to 20% instead of the current 10%, (2) tax grades would be applied, and (3) tax allowance would be slightly decreased, from NTD 2,200,000 to about NTD1,650,000.

As for tax grades, there are two versions of planned programs now. One is 10% to 20%, and the other one is 10%, 15% and 20%. After the Government approves, the law of long-term care would be the act of priority of the next legislative session.

The Councilors of the Government also mentioned that whether the long-term care takes its form in insurance or tax, it is asking money from people. The problem now is that our insurance system has not been built. However, it is also not an appropriate time to increase taxes. Considering the extremely low rate of inheritance tax now, most opinions pointed to slightly higher the rate to 20%, but not as high as 40% to 50% in the past, which triggered much problem.

To sum up, the Government must find stable financial resources to manage the long-term care well. The public budgets are also related to the efficiency of using, or any resources would be in vain.