The Executive Yuan yesterday approved a draft amendment to the Securities Transaction Tax Act (證券交易稅條例) that would extend a tax exemption on corporate bonds, financial bonds and passive bond exchange-traded funds (ETFs) for another 10 years, through Dec. 31, 2036, while expanding the exemption to ac
The Cabinet yesterday approved a 10-year extension for securities transaction tax exemption for bond exchange-traded funds (ETFs), and corporate and financial bonds. It would also add active bond ETFs to the exemptions.The Ministry of Finance said the securities transaction tax on bonds and passive