Taiwan's Budget Shift: More Revenue for Local Governments

Taiwan's proposed budget changes the tax revenue split from 75%-25% to 60%-40%, boosting local governments' fiscal independence. Learn more about this fiscal policy shift.

An artistic depiction of Taiwan's government buildings with a focus on balanced scales symbolizing f
Taiwan's Budget Shift: More Revenue for Local Governments

The proposed budget changes would shift tax revenue distribution from a 75%-25% split favoring the central government to a 60%-40% split, affecting local governments' fiscal independence.

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