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Local tax revenue for Jan.-Aug. hits NT$1.2334 trillion: finance ministry

The China Post news staff
September 12, 2012, 11:53 am TWN

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Taiwan's tax revenue for the first eight months hit NT$1.2334 trillion, an increase of NT$49.8 billion or 4.2 percent from the same period last year and the highest ever for the January-August period, the Ministry of Finance said yesterday.

For August, tax collection stood at NT$99.6 billion, a decline of NT$16.7 billion or 14.4 percent year-on-year due mostly to a reduction in income tax and stock transaction tax, officials said.

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