On 17 November 2015, Taiwan's legislature repealed the 15% capital gains tax (CGT) for active traders with share transactions exceeding TWD 1 billion.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 securities transaction tax of 0.3% for company shares and 0.1% for corporate bonds and other government appro…