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Pilot economic free zone proposed

|Proposed Changes|Taiwan
Taiwan

It has been reported that the Executive Yuan announced a plan to introduce six pilot economic free zones in northern, central and southern Taiwan. In the pilot economic zones foreign investors will be offered a series of tax incentives including:

-   a reduced corporate income tax rate of 10% (previously, 17%) for multinational companies that set up their regional headquarters in the designated locations;
- &…

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