• 11/26/2024

Cabinet approves draft law to raise tax on hoarding homes

Taipei, Sept. 21 (CNA) The Executive Yuan on Thursday approved amendments to the House Tax Act that will raise the house tax on households owning vacant residential properties, as part of government efforts to rein in speculation in the local property market, according to the Ministry of Finance (MOF).

https://focustaiwan.tw/business/202309210023