Taiwan > Legal Developments > Tax & Private Client
Search News and Articles
Luxury Tax Bill Passed Legislation
In order to curb speculation on housing market so as to enable affordable housing for the general public and to address wealth divide concerns, the government proposed in March 2011 a Special Goods and Services Tax Bill (Luxury Tax Bill) for the imposition of special tax at the rate of 10% or 15% on the sales or imports of certain goods or services.