Pilot economic free zone proposed
|Proposed Changes|Taiwan

It has been reported that the Executive Yuan announced a plan to introduce six pilot economic free zones in northern, central and southern Taiwan. In the pilot economic zones foreign investors will be offered a series of tax incentives including:
| - | a reduced corporate income tax rate of 10% (previously, 17%) for multinational companies that set up their regional headquarters in the designated locations; | |
| - | &… |