Taiwan'S Textile And Garment Industry Will Benefit From The New Export Policy.
Taiwan's Ministry of Finance announced that from March 30, 2011,
Exporter
Exports
product
Will have the right to enjoy the permanent tax refund.
Apart from other decisions, this decision will be greatly beneficial.
textile
,
clothing
And many other industries.
According to this decision, the tax rebate system will expand all products exported.
It aims to help exporters better survive in the global economic downturn in March 30, 2009.
As early as August 1983, the Ministry of Finance decided that in view of the high management cost, the tax rebate amount was not considered below the FOB 1% of the FOB price of export products.
However, according to the new
Regulations
From March 30, 2011, all exporters will be entitled to export tax rebates, regardless of the value of export products and the proportion of FOB.
Although this is beneficial to high-value export products, those industries that use low price parts to produce export products, such as textiles and clothing, will become the biggest beneficiary industry.
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