March Total Tax Revenue NT$298.9 Billion; Securities Transaction Tax Surges 1.4x, Marking 8th Consecutive Month of Growth

The Ministry of Finance today announced that national tax revenue for March reached NT$298.9 billion, a year-on-year increase of 28.6%. Among these, the securities transaction tax, which represents stock market trading momentum, collected NT$53.5 billion in March, a year-on-year increase of 1.4 times, indicating active stock market trading and marking the eighth consecutive month of positive growth.

The Ministry of Finance pointed out that compared to the same month last year, the increase in net collected revenue for March was mainly due to the NT$31.6 billion increase in securities transaction tax, NT$21.1 billion increase in business tax, and NT$16.1 billion increase in income tax.

Accumulated tax revenue for the first three months of the year reached NT$655.5 billion, a year-on-year increase of 18.3%. Compared to the same period last year, the primary growth drivers were the NT$66.7 billion increase in securities transaction tax and the NT$35 billion increase in business tax, while commodity tax decreased by NT$8.6 billion. (Editor: Yang Lan-hsuan) 1150414. Standing with the facts, your every sponsorship is a force to protect press freedom. Download CNA's 'One-Stop News' APP for real-time updates. Text, images, and videos on this website may not be reproduced, publicly broadcast, publicly transmitted, or used without authorization.