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…

The use of agricultural land will be needed to provide sufficient area, but regulations governing farmland are stringent.  Taiwan’s rural Yunlin County, traditionally one of the island’s least developed areas, is virtually booming with solar panels. Every third farmhouse or barn seems to be covered in solar panels. And where locals once eyed solar-power purveyors…

solar-energy

A transition toward renewable energy is necessary, but its success will require careful government management.  Taiwan has a clear need to diversify its energy portfolio and make concrete progress towards a more robust energy security policy. A full 98% of Taiwan’s energy is imported, costing the equivalent of nearly 15% of the entire Gross Domestic Product…