Legislature Passes New Tax Rates for Non-Owner Occupied Houses
Amendments to the House Tax Act have cleared the Legislative Yuan and will raise the tax rate for non-owner occupied residential houses to 1.5 and 3.6 percent of the unit’s value. The current rules levy tax rates of between 1.2 and two percent on all residential houses without making a distinction between owner-occupied and non-owner...Continue reading
Taxi Fares in Taipei, New Taipei and Keelung May Increase
The Taipei City government’s Public Transportation Office says it is reviewing a proposal to hike taxi fares in Taipei, New Taipei and Keelung. The statement follows calls by the Business Association of Taipei Taxi Transportation to increase fares due to rising fuel costs. Under the plan, the basic rate will remain at 70 NT –...Continue reading
NTU Professor Liu Ko-qiang on Housing Prices
Professor Liu Ko-qiang, from National Taiwan University’s Building and Planning Research Foundation, talked to me on housing prices today. He agreed that the housing prices in Taipei city are unreasonably high in relation to people’s incomes, and that there are complicated reasons behind this. One major reason is that people here have “overiding aspirations” for owning...Continue reading
Zony and Yony Perform on the Ellen DeGeneres Show
Dancing twin sisters Yony and Zony have made their second appearance on the Ellen DeGeneres Show in less than week. Dressed in blue motorcycle helmets, denim vests, magenta tutus and colorful stockings – they performed a dance routine to Justin Bieber’s “Baby” with Ellen’s guest DJ tWitch! on Tuesday.Continue reading
Government Responds to Anti-China Riots in Vietnam
Foreign Minister David Lin is calling on the Vietnamese government to protect Republic of China nationals and Taiwan business owners in the South East Asian country following anti-China riots yesterday. Speaking during a press conference earlier, Lin said the island’s trade office in Ho Chi Minh City has been asked to check on the safety...Continue reading
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