Taiwan incentives

22 January 1996 00:00  [Source: ACN]

Taiwan is looking to improve incentives for foreign investors. Under consideration are lower interest rates on borrowing for companies which are engaged in high-technology industries, including chemicals. The current 20% tax rebate for certain industries may be raised. Also under review are R&D subsidies, which now stand at 5-20%. Imports of certain equipment which is not manufactured locally may be tax-exempt. Further tax rebates may be given companies with outstanding environmental records.

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly