Taiwan Clarifies Securities Transaction Tax on Unlisted Stocks

Taiwan's Ministry of Finance has issued a release clarifying the levy of securities transaction tax at a rate of 0.3% (3‰) on the trading of unlisted stocks.

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Securities Transaction Tax Required for Trading of Unlisted Stocks

The National Taxation Bureau of Northern Area (NTBNA), Ministry of Finance stated that trading of securities, with the exception of government-issued bonds, shall be subjected to securities transaction tax (STT) according to Article 1 of the Securities Transaction…