Taiwan's Ministry of Finance Proposes to Classify Labor Recreation Facilities Over NT$300 Million as Major Public Construction
Taiwan's Ministry of Finance has announced a draft amendment to include labor recreation and education facilities with a total investment (excluding land) of over NT$300 million as major public construction under the Act for Promotion of Private Participation in Infrastructure Projects, making them eligible for tax incentives.
📋 Article Processing Timeline
- 📰 Published: June 10, 2026 at 11:37
- 🔍 Collected: June 10, 2026 at 11:51 (14 min after Published)
- 🤖 AI Analyzed: June 10, 2026 at 11:52 (1 min after Collected)
(Central News Agency, reporter Lu Yan-ci, Taipei, 10th) To encourage private sector participation in the construction and operation of labor recreation and education institutions, thereby enhancing worker welfare, the Ministry of Finance has announced a draft amendment to add labor recreation institutions and their facilities with a total investment (excluding land) of over NT$300 million to the scope of major public construction under the Act for Promotion of Private Participation in Infrastructure Projects. This will make them eligible for related tax benefits.
According to the Act for Promotion of Private Participation in Infrastructure Projects, private institutions are exempt from profit-seeking enterprise income tax for a maximum of five years, starting from the year in which the major public construction they participate in begins operation and generates taxable income.
The Ministry of Finance announced the draft amendment to the scope of major public construction under the Act on the 9th, adding new regulations for the categories of labor welfare facilities and cultural and educational facilities.
First, regarding the category of labor welfare facilities, the current regulation only applies to labor recreation, training, and education institutions and their facilities with a total investment (excluding land) of NT$50 million or more. The draft amendment adds labor recreation institutions and their facilities with a total investment (excluding land) of NT$300 million or more to the scope of major public construction.
Second, regarding the category of cultural and educational facilities, the current regulation defines the reuse, operation, management, and maintenance of historic sites with a total investment (excluding land) of NT$50 million or more as major public construction. The draft amendment revises the text to include facilities such as historic buildings, memorial buildings, settlement building complexes, and cultural landscapes within the scope of major public construction.
The Ministry of Finance stated that, in coordination with the policies of the Ministry of Labor and the Ministry of Culture, this move aims to encourage private sector participation in the construction and operation of labor recreation institutions, enhance willingness to participate in the reuse, operation, management, and maintenance of cultural assets, thereby improving worker welfare and promoting the preservation and revitalization of publicly owned cultural assets. (Editor: Pan Yi-jing) 1150610
According to the Act for Promotion of Private Participation in Infrastructure Projects, private institutions are exempt from profit-seeking enterprise income tax for a maximum of five years, starting from the year in which the major public construction they participate in begins operation and generates taxable income.
The Ministry of Finance announced the draft amendment to the scope of major public construction under the Act on the 9th, adding new regulations for the categories of labor welfare facilities and cultural and educational facilities.
First, regarding the category of labor welfare facilities, the current regulation only applies to labor recreation, training, and education institutions and their facilities with a total investment (excluding land) of NT$50 million or more. The draft amendment adds labor recreation institutions and their facilities with a total investment (excluding land) of NT$300 million or more to the scope of major public construction.
Second, regarding the category of cultural and educational facilities, the current regulation defines the reuse, operation, management, and maintenance of historic sites with a total investment (excluding land) of NT$50 million or more as major public construction. The draft amendment revises the text to include facilities such as historic buildings, memorial buildings, settlement building complexes, and cultural landscapes within the scope of major public construction.
The Ministry of Finance stated that, in coordination with the policies of the Ministry of Labor and the Ministry of Culture, this move aims to encourage private sector participation in the construction and operation of labor recreation institutions, enhance willingness to participate in the reuse, operation, management, and maintenance of cultural assets, thereby improving worker welfare and promoting the preservation and revitalization of publicly owned cultural assets. (Editor: Pan Yi-jing) 1150610
FAQ
What is the purpose of this draft amendment?
To encourage private companies to build and operate recreation and education facilities for workers, thereby improving worker welfare.
What is the investment threshold for eligible facilities?
Labor recreation facilities with a total investment (excluding land) of NT$300 million or more are eligible.
What are the benefits for private businesses?
Eligible facilities are considered major public construction under the Act, allowing for tax incentives such as a five-year exemption from profit-seeking enterprise income tax.