Legislators Express Concern Over Tax Filing Extension Amid Middle East Variables; MOF: No Plans Currently
Legislators asked if Taiwan's income tax filing period would be extended by a month due to Middle East turmoil. The Ministry of Finance stated that given the current stable economic performance and strong stock market, there are no plans for an extension.
📋 Article Processing Timeline
- 📰 Published: April 23, 2026 at 17:31
- 🔍 Collected: April 23, 2026 at 18:02 (30 min after Published)
- 🤖 AI Analyzed: April 23, 2026 at 19:48 (1h 46m after Collected)
Central News Agency
(CNA, Taipei, 23rd) Legislators paid attention to whether the income tax settlement filing period could be extended by one month this year due to the turmoil in the Middle East. The Ministry of Finance explained today that economic performance has been stable so far this year, and there is no such plan at present.
Kuomintang Legislator Lai Shyh-bao expressed concern during a Financial Committee inquiry at the Legislative Yuan this morning that due to the significant changes in the Middle East situation, whether the tax filing period this year could be extended by one month.
Deputy Minister of Finance Juan Ching-hwa explained that last year, due to the U.S. announcing reciprocal tariff policies, the tax filing period was extended by one month considering private needs; however, so far this year, the TAIEX has stood above 37,000 points, and the economic performance is stable, so there is no such plan at present.
In addition, the Ministry of Finance issued its first central government sustainable development government bond in January this year, with an issuance amount of NT$400 million and a maturity of 30 years. The funds raised will be used for the National Quemoy University campus construction project. Kuomintang Legislator Lin Te-fu and Democratic Progressive Party Legislator Kuo Kuo-wen both expressed interest in the issuance of central government sustainable development bonds during their inquiries.
Juan Ching-hwa explained that in addition to the Quemoy University construction project, the Ministry of Finance is also guiding the Kaohsiung International Airport new terminal to issue sustainable bonds, with an estimated issuance amount of NT$79 billion. This part will be actively promoted.
Juan Ching-hwa stated that apart from the central government, he also hopes local governments can participate. Currently, the issuance amount by central and local governments has reached NT$34.5 billion. In the future, they will cooperate with the Financial Supervisory Commission and the Taipei Exchange to find project sources to issue sustainable bonds.
Furthermore, the recent election battle for Waterland Financial Holding concluded early. Various factions jointly proposed a 15-person list of board candidates. In the future, public shares will secure a majority of board seats, taking control of Waterland Financial Holding. Lai Shyh-bao asked whether the Ministry of Finance wants to turn Waterland Financial Holding into the "9th pan-public share bank" to promote public-public mergers and enhance the competitiveness of public banks.
Juan Ching-hwa said that the election is not over yet, and it will depend on the results after the election. The main reason is that Waterland Financial Holding has been plagued by internal struggles for over 20 years. Although pan-public shares have always been involved, they have never been able to resolve these issues. This move is to rectify financial order.
As to whether this will be used to promote public-public mergers, Juan Ching-hwa stated frankly that there are no such plans at present. (Editor: Yang Lan-hsuan) 1150423
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(CNA, Taipei, 23rd) Legislators paid attention to whether the income tax settlement filing period could be extended by one month this year due to the turmoil in the Middle East. The Ministry of Finance explained today that economic performance has been stable so far this year, and there is no such plan at present.
Kuomintang Legislator Lai Shyh-bao expressed concern during a Financial Committee inquiry at the Legislative Yuan this morning that due to the significant changes in the Middle East situation, whether the tax filing period this year could be extended by one month.
Deputy Minister of Finance Juan Ching-hwa explained that last year, due to the U.S. announcing reciprocal tariff policies, the tax filing period was extended by one month considering private needs; however, so far this year, the TAIEX has stood above 37,000 points, and the economic performance is stable, so there is no such plan at present.
In addition, the Ministry of Finance issued its first central government sustainable development government bond in January this year, with an issuance amount of NT$400 million and a maturity of 30 years. The funds raised will be used for the National Quemoy University campus construction project. Kuomintang Legislator Lin Te-fu and Democratic Progressive Party Legislator Kuo Kuo-wen both expressed interest in the issuance of central government sustainable development bonds during their inquiries.
Juan Ching-hwa explained that in addition to the Quemoy University construction project, the Ministry of Finance is also guiding the Kaohsiung International Airport new terminal to issue sustainable bonds, with an estimated issuance amount of NT$79 billion. This part will be actively promoted.
Juan Ching-hwa stated that apart from the central government, he also hopes local governments can participate. Currently, the issuance amount by central and local governments has reached NT$34.5 billion. In the future, they will cooperate with the Financial Supervisory Commission and the Taipei Exchange to find project sources to issue sustainable bonds.
Furthermore, the recent election battle for Waterland Financial Holding concluded early. Various factions jointly proposed a 15-person list of board candidates. In the future, public shares will secure a majority of board seats, taking control of Waterland Financial Holding. Lai Shyh-bao asked whether the Ministry of Finance wants to turn Waterland Financial Holding into the "9th pan-public share bank" to promote public-public mergers and enhance the competitiveness of public banks.
Juan Ching-hwa said that the election is not over yet, and it will depend on the results after the election. The main reason is that Waterland Financial Holding has been plagued by internal struggles for over 20 years. Although pan-public shares have always been involved, they have never been able to resolve these issues. This move is to rectify financial order.
As to whether this will be used to promote public-public mergers, Juan Ching-hwa stated frankly that there are no such plans at present. (Editor: Yang Lan-hsuan) 1150423
Choose to stand with facts, every sponsorship of yours is the power to guard press freedom
Download CNA's 'First Hand News' APP to grasp the latest news instantly
The text, images, and audio/video on this website may not be reproduced, publicly broadcast, or publicly transmitted and utilized without authorization.