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In pursuing its objective of making the nation’s tax system more
equitable, the Tax Reform Committee (TRC) under the Executive Yuan is
frequently called upon to make difficult decisions. But AmCham Taipei
believes the TRC came to the wrong conclusion this month when it
decided that earnings from investment-linked life insurance policies
should be subjected to income tax.
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MACROECONOMICS
PAIN, PAIN, GO AWAY
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CROSS-STRAIT
TIANANMEN SQUARE MASSACRE REMEMBERED
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DOMESTIC
DPP SEEKS REFERENDUM ON THE ECFA ISSUE
REDRAWING APPROVED OF ADMINISTRATIVE MAP
PROSTITUTION LEGALIZED
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INTERNATIONAL
HONDURAN TIES REMAIN IN PLACE
CAREER DIPLOMAT NAMED TO HEAD AIT
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BUSINESS
TAIWAN OPENS UP TO CHINESE INVESTMENT
AIG SELLS ITS TAIWAN CREDIT CARD BUSINESS
MORGAN STANLEY RAISES STAKE IN CHINATRUST
By Jane Rickards
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Previous aspirations of developing Taiwan as a regional operations center foundered due to the lack of convenient aviation links with China. Now that regular cross-Strait flights are in place, can that dream be revised? Most experts consider that Taiwan’s best bet to make it as a regional hub will be for companies in the technology sector, leveraging its existing manufacturing strengths by adding on such services as training, industrial design, branding, and logistics. Besides technology expertise, Taiwan is also more attractive than mainland locations in terms of living conditions, IPR protection, employee loyalty – and surprisingly even for many costs. But it still needs to reduce government red tape in order to be competitive.
BY JANE RICKARDS
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Arbitration panels are ruling on complaints from investors that banks’ failure to apprise them of the risks caused them to incur heavy losses.
BY PETER CHEN
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The government views creation of TMC as the only way to save Taiwan’s DRAM industry, but the existing players see it as an unwanted competitor.
BY PHILIP LIU
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Washington may be feeling more warmly toward Taiwan, but it is still unclear how the
government-to-government U.S.-Taiwan economic relationship will be evolving.
BY DON SHAPIRO
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