Tsai administration

Tax Rebate Delayed Until At Least April, Following Opposition Pushback

Political contention continues over the Tsai administration’s proposed 6,000 NT tax refund. Namely, the proposal has come under fire from opposition lawmakers. Although it was originally expected that the tax fund would be issued as early as next month or possibly in March, because of the failure of the proposed refund to clear the legislature, now the refund is not expected until April...

China Again Seeks to Intimidate Taiwan with Drills, Taiwan Scarcely Blinks

China has again set records with drills directed at Taiwan, carrying out “strike drills” around Taiwan in the past week. This is in response to US president Joe Biden signing the Fiscal 2023 National Defense Authorization Act into law. Part of the provisions of the law authorized 12 billion USD in loans for Taiwan to purchase arms across six years, between 2023 and 2027, with 2 billion USD per year...