The Taiwanese Ministry of Finance Oct. 26 clarified the application of the securities transaction tax for privately traded unlisted stocks. The clarification includes that the buyer must: 1) apply and collect the tax from the seller on the transaction settlement day; 2) report and pay the tax on the day following the transaction; and 3) report the actual per-share transaction price paid. [Taiwan, Ministry of Finance, 10/26/21]
Reference:
View Announcement.
Learn more about Bloomberg Tax or Log In to keep reading:
Learn About Bloomberg Tax
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools.