Entertainment Tax Hits Record High for Same Period in Previous Years

Reported 9 months ago

The positive wealth effect from the rising stock market has boosted people's confidence to engage in leisure activities. According to the latest statistics released by the Ministry of Finance, entertainment tax revenue for the first five months of this year reached NT$8.6 billion, setting a new high for the same period in previous years. Taipei, Taichung, and Kaohsiung all achieved record-high tax revenues during this period, with Kaohsiung benefiting significantly from hosting multiple concerts. Various cities showed different main sources of entertainment tax, such as temporary performances, golf courses, claw machines, and electronic gaming machines.

Source: YAHOO

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