Act preventing double taxation for Taiwanese and US companies moves to Senate

Finance ministry cites weak markets and deferred payments as key drags

NT$153.7 billion collected with securities and individual income tax on the rise

Debt-to-GDP ratio projected to fall to 27% by 2027 as tax revenues outperform expectations

More than 3 million taxpayers to receive first-round refunds

Finance ministry states current deductions sufficient for first-time homebuyers

8.41 million vehicles to be taxed, generating NT$66.58 billion in revenue

Agreement to strengthen semiconductor supply chain and incentive investments

Net collections from January to September totaled NT$2.95 trillion

Real estate transactions drive housing and land taxes