Reported 8 months ago
As the deadline for the reduction in Taiwan's day trading tax approaches, there are various discussions on its impact. The reduction in tax has led to significant growth in the stock market with the daily average value of listed stocks increasing from around 1.3 trillion to 5.687 trillion. This reduction has benefited investors by lowering trading costs, improving market liquidity, and increasing government tax revenue. Stakeholders suggest different approaches for the future of the tax, highlighting its importance for capital market competitiveness and economic development in Taiwan.
Source: YAHOO