Reported 12 months ago
In order to strengthen the long-term care service system and ensure the quality of long-term care services, the Ministry of Finance in Taiwan has established principles for exempting property tax and land value tax for long-term care service institutions owned by foundations. The exemption applies to foundations such as social welfare and charity foundations, medical institutions, schools, and long-term care facilities. The policy is effective immediately, with certain conditions requiring the resumption of tax collection for those who fail to meet the criteria.
Source: YAHOO