Taiwan'S Tax Rebate Range Expanded, Textiles And Other Benefits.

In order to enhance the competitiveness of Taiwan businessmen, the Taiwan Academy of administrative yuan will increase the export tax rebate range from 3135 to 4404 items, and add more than 1200 items with tariff rates of more than 4.3%, of which 9 or more are industrial products, while the rest are agricultural products.

Zhang Sheng, deputy chief of the Ministry of finance of Taiwan, said the Ministry of Finance immediately implemented the announcement. drawback It is estimated that more than 1200 industrial tax rebates will be announced on the fastest 6 days, and the tax refund items for agricultural products are still in the statistics, which will wait until the second wave announcement.

Taiwan finance minister Li Shude said that Taiwan's main export rival Korea has signed a free trade agreement (FTA) with the United States and the European Union, and Taiwan businesses are facing serious threats. Considering tax rebates can make exporters compete in the world market with low import raw material costs, thus expanding the applicable projects.

Li Shude said that more than 4.3% of the customs duty rate was more than 1200, and the tax rebate was extended. Range After that, it is estimated that the annual tax rebate amount should be at least 435 million yuan.

The beneficiaries include chemical, electrical and electronic products and parts, plastic and plastic products, textiles and Spin Products, precision instruments, metal and metal products, automobile parts, etc.