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Updated Monday, November 23, 2009 10:48 am TWN, Bloomberg

Tax on foreigners' bond interest to be cut to 15%

TAIPEI, Taiwan -- Taiwan's government plans to lower the tax on foreign investors' interest income from bonds to 15 percent from 20 percent, Vice Minister of Finance Chang Sheng-ford told reporters in Taichung, central Taiwan, today. The cut will take effect from January, he said.
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