萬國法律事務所

Due to a stock market recession, Taiwan's Financial Supervisory (FSC) Commission and Ministry of Finance (MOF) are expected to propose long-term reforms with respect to the "Dividend Income Tax" and "Integrated Income Tax System". The FSC has formulated eight policies, including three relaxations, which are as follows.

The first is a relaxation of capital investment funds and foreign currency bonds invested in by Chinese nationals tourists. The second is deregulation of the two RBC regulations for the insurance industry investments in the stock market. And the third is deregulation of the establishment time and profit standards for characteristic Taiwan industries.

Further, the MOF recently expressed regarding the integrity of the capital market, that in consideration of international trends regarding taxation and tax fairness, the MOF will review and reform the system for dividend income taxes. The MOF will seek a broad range of opinions and viewpoints from the public while considering appropriate reforms.

The FSC indicated that it too will seek opinions from the relevant authorities regarding suitable ways of relaxing restrictions on stock investments from Chinese nationals.