Tax is a big hurdle for Taiwan’s wealth hub hopes
Taiwan wants to lure wealthy investors' capital from Singapore and above all Hong Kong but it ideally needs lower tax rates to do so, says a senior local regulator.
Even as it expands the suite of investment products available to wealthy clients, Taiwan’s ambitions to become an international wealth management centre will likely be constrained if it proves unable to lower its tax rate, admits a senior local regulator.
Sign In to Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.
¬ Haymarket Media Limited. All rights reserved.