字幕付き動画ニュース-Government to dangle tax breaks to bring back Taiwanese capital






『Government to dangle tax breaks to bring back Taiwanese capital』は、2019-02-19 07:12:07に、Youtubeで公開された「字幕付き動画ニュース」です。

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☆タイトル:Government to dangle tax breaks to bring back Taiwanese capital

☆投稿者:民視英語新聞 Formosa TV English News

☆公開日:2019-02-19 07:12:07

☆視聴時間:1:36



At the top of the Executive Yuan”s list of bills that it wants to see passed in the Legislative Yuan are corporate tax breaks aimed at bringing back Taiwanese businesses currently based in China. The government hopes the tax breaks will restore manufacturing and jobs. But an industry representative says financial incentives alone won”t be enough. Cheng Wen-tsan (Dec. 2018)Taoyuan mayorThe first choice for Taiwanese businesses is Taoyuan. We will do our utmost so that Taiwanese businesses will resettle in Taoyuan.Local leaders like Taoyuan”s mayor aren”t alone in their campaign to court returning investment.Kolas YotakaExecutive Yuan spokeswomanThis time, on our list of priority legislation, there are very many bills related to bolstering Taiwan”s economy. These are bills on economic development, on incentives, and on returning Taiwanese investment. As for the measures carried out so far, the government has already set up a one-stop window. There”s an office tasked with encouraging Taiwanese capital to return.In this latest session of the Legislative Yuan, lawmakers are set to prioritize bills on tax incentives for Taiwanese investors. Some business interests say that corporate tax breaks alone won”t cut it.Sam HoCNFI executive directorTaiwanese businesses that want to invest in Taiwan encounter several obstacles. First, it”s hard for them to acquire land, and land comes at a very high cost. Another obstacle is insufficient manpower. The percentage of foreign workers allowed should be raised to 50 percent.The government is charging ahead with a plan to bring back Taiwanese capital to revitalize the economy. It”s a mammoth task, and businesses near and far are waiting to see what incentives will be up for grabs.