MOF Reports NT$2 trillion in Tax Revenue for First Eight Months The Ministry of Finance (MOF) on September 9 reported that net tax revenue for August totaled NT$132.4 billion (US$4.8 billion), 3.8% greater than the same month last year. Net tax revenue for the first eight months of 2021 was NT$1.9 trillion (US$68.7 billion), an…

The United States has one of the world’s most complicated taxation systems, and also is one of the few jurisdictions to tax its citizens – as well as permanent residents and foreigners staying in the country for an extended time – on the basis of their global income. As a result, questions frequently arise regarding…