Despite TAIEX Volatility Exceeding 1,000 Points, June Securities Transaction Tax Hits Record High of NT$84.9 Billion
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AI Summary (NQ-processed)
The Ministry of Finance announced preliminary tax revenue data for June, revealing that despite extreme volatility in the Taiwan stock market, securities transaction tax reached a record NT$84.9 billion, up 2.8 times year-on-year. The first-half total hit NT$333.6 billion, also a record high.
AI Analysis
Frequently Asked Questions
- Q: How much did June's securities tax increase year-on-year?
- A: It rose 2.8 times to NT$84.9 billion, up NT$62.4 billion from last year.
- Q: Why did total tax revenue surge?
- A: Due to deferred income tax payments from last year being recorded in June.
- Q: What was the first-half securities tax total?
- A: NT$333.6 billion, a 1.9-fold increase, setting a new record.
- Q: What is the market trend in July?
- A: Daily trading value has slightly declined; outlook remains uncertain.
- Q: What is the Ministry's outlook?
- A: Market volatility is increasing; trading volumes are being closely monitored.