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Tax reform designed to attract votes: Chamber of Commerce head

01/18/2018 11:20 PM
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A new tax reform bill passed on Thursday raises the personal standard deduction of comprehensive tax and the corporate income tax rate for companies, decreasing contributions from individuals but requiring businesses to make up the shortfall, said Lai Cheng-i (賴正鎰), head of the General Chamber of Commerce of the Republic of China, who suggested the move is intended win votes at the ballot box.

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