A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS Property tax rates revised to curb speculation The Legislative Yuan on April 9 passed the third and final reading of amendments to the Income Tax Act that aim to revise property tax rates. The amended law will take…

Chemical manufacturers in Taiwan are concerned that new rules requiring the disclosure of hazardous substances in their products could compromise confidential business information (CBI). In November 2018, the Ministry of Labor (MOL) published an amendment to the Regulations for the Labeling and Hazard Communication of Hazardous Chemicals that requires disclosure of the substance’s Chemical Abstract…

On the last day of 2015, state-owned petroleum company CPC pulled the plug on its Kaohsiung Refinery in the city’s Nanzih District, putting an end to what had been a 25-year-long dispute between advocates of economic development and environmental and community activists. The facility operated as a large integrated refinery and petrochemicals plant, with a…