Taiwan to Extend Tax Cut for Stocks’ Day Traders for Three Years

Cabinet approves draft bill to extend the period for the reduction in the securities transaction tax rate for day trading to the end of 2024, according to statement from Ministry of Finance.

• Tax rate will be kept halved at 0.15%
• The plan will be sent for approval to lawmakers

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Cindy Wang in Taipei at hwang61@bloomberg.net

To contact the editors responsible for this story:
Samson Ellis at sellis29@bloomberg.net

Allen Wan

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