April Property Taxes See Narrower Decline, Taipei City Shows Positive Growth Across All Three Taxes
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According to national tax revenue statistics released by Taiwan's Ministry of Finance, the decline in real estate-related tax items slowed in April, showing mixed increases and decreases. Land value increment tax turned to an annual increase of 4.8%, deed tax increased by 8.1%, while individual housing and land transaction tax only slightly decreased by 1.4%. Observing the six major municipalities, Taipei City showed positive growth across all three property taxes.