On 17 November 2015, Taiwan's legislature repealed the 15% capital gains tax (CGT) for active traders with share transactions exceeding TWD 1 billion. The tax was approved in 2013 and was to apply from 1 January 2015, but was delayed to 1 January 2018 to allow additional time for Taiwan's Ministry of Finance to review its implementation.

The 15% CGT would have been in addition to the securitie…