41. Review of securities transaction tax to be undertaken as medium-term task. 42. Taiwan will introduce new measures to eliminate a housing glut and boost the stock market by lowering transaction taxes, a newspaper reported Sunday. 43. Stocks of securities companies, which would be helped if the government follows through on its hints of cutting the securities transaction tax, posted healthy gains. 44. The measures are also expected to slash public spending and will probably include new income, fuel, and bank transaction taxes. 45. The plan also calls for halving securities transactions taxes to boost the sagging stock market and freezing land taxes to stimulate a moribund property market. 46. The measures also include a cut on real-estate transaction taxes. 47. Tsai said his party would bring a no-confidence vote against Siew if the governing Nationalist Party tries to maneuver the lower stock transaction taxes through the Legislature. 48. Trading volume was light as investors awaited news of the key vote in congress on the CPMF financial transactions tax. 49. Traders said three political parties are considering an increase in the capital gains tax to offset an anticipated cut in the securities transaction tax. 50. Hashimoto reportedly called on the finance minister to modify commission charges and abolish the security transaction tax as part of measures to revive the deteriorating stockmarket. |