Taiwan's ruling party, the Kuomintang party, has recently proposed reforms to the country's securities transactions tax. Currently, Taiwan levies a securities transactions tax of 0.3% for company shares and 0.1% for corporate bonds and certain other government approved securities, with some exemptions. From 1 January 2015, an optional 15% capital gains tax (CGT) in lieu of the transactions tax was to be introduced for active traders with transactions exceeding TWD 1 billion, but this was dela…