For a variety of reasons, Singapore and Hong Kong can manage just fine with significantly lower tax rates. Over the years, the business community has made the case that Taiwan’s steep personal income-tax rates discourage the recruitment and retention of outstanding skilled professionals, both foreign and local. Often these individuals opt to live and work…

The proposed new legislation would make tax and other incentives available to international talent.    To remedy the serious brain drain in Taiwan and counter aggressive talent poaching by neighboring countries, the government has proposed legislation to help attract and retain foreign white-collar workers. The main provisions would relax current restrictions on the hiring of…

ASE-SPIL Saga Enters New Phase Advanced Semiconductor Engineering Inc. (ASE), the world’s largest semiconductor chip packaging and testing company, on December 22 launched an NT$42.35 billion (US$1.28 billion) tender offer for another 24.7% stake in rival Silicon Precision Industries Corp. (SPIL). ASE already acquired 25% of SPIL in September and is looking to increase its…