I. Achieving a Steady Post-pandemic Recovery
- The government-controlled banks will actively follow the government policies to provide financial assistance measures
- Tax assistance measures in response to COVID-19 pandemic
- Implementing measures to defer payment of rents, reduce rents by 20% and defer payment of sale price for national real estate
- Urging PPP organizers to implement relief measures during the epidemic prevention period
II. Strengthening the Social Safety Net
- Coordinating banks with government-owned shareholdings to assist in financing and to provide protection, and assist low-income family and young people without their own houses
- Appling surplus and feedback funds of the Public Welfare Lottery for social welfare support and vulnerable groups
- Increasing the amount of the four deduction items of individual income tax to relieve the burden on middle- and low-income earners and taxpayers with children
- Implementing the House and Land Transactions Income Tax System to fulfill housing justice
- Revising the House Tax Act for the rationalization of tax burden
- Encouraging house owners to release their houses for social housing and stimulating the rental housing market
- Promoting expediting reconstruction of urban unsafe and old buildings and urban renewal
- Improving the long-term care system and raising funds for support
- Encouraging the transformation of long-term care institutions and expanding the scope of long-term care services
- Amending the Vehicle License Tax Act and the Commodity Tax Act to care for the physically and mentally disabled and long-term care service patients
- Providing a special deduction for long-term care to relieve the tax burden on persons with physical or mental disability
- Providing tax incentives to economically disadvantaged children and teenagers
- Assisting in providing a life security system for farmers
- Encouraging reservists active participation in recall to improve reserve military power
- Enhancing investigation enforcement to maintain border security
- Providing national real estate to build social housing and long-term care facilities
- Providing incentives for private investment; include long-term care institutions into the Scope of Major Infrastructure Projects in the Act for Promotion of Private Participation in Infrastructure Projects
III. Upgrading National Infrastructure
- Providing tax incentives to encourage enterprises to hire additional employees and raise the salary in order to increase the domestic employment rate
- Providing tax incentives to encourage enterprises to continue investment in R&D, assisting enterprises in attracting professionals to stay in the ROC and funding startups
- Establishing a tax system that encourages mergers and acquisitions of startups
- Attracting foreign professional specialists to stay in the ROC by providing tax incentives
- Establishing a fair and competitive income tax system in line with international trends
- Establishing digital services to promote Customs innovation and efficiency
- Expanding investment amount and momentum for public construction through the amended Act for Promotion of Private Participation in Infrastructure Projects
IV. Promoting Taiwan's Six Core Strategic Industries
- Banks with government-owned shareholdings proactively provide financial assistance to the Six Core Strategic Industries
- Providing tax credit of forward-looking innovation R&D expenses and investment in machinery and equipment
- Enhancing domestic investment momentum in line with critical industry policies
- Providing tax incentives for speeding up the replacement of old cars or motorcycles and encouraging the purchase of electric-operated automobiles or motorcycles
- Exempting the production material used exclusively for photovoltaic modules from commodity tax and customs duty to improve industrial competitiveness
- Providing tax incentives to encourage the purchase of energy-efficient appliances
- Providing tax incentives to continue to optimize the environment of the biotech and pharmaceuticals industry
- Promoting the use of national non-public use land in collaboration with the introduction of green energy industries
- Promoting international fiscal cooperation and exchanges to build a favorable economic, trade, and investment environment
- Promoting green energy and digital construction and their inclusion within the scope of the Act for Promotion of Private Participation in Infrastructure Projects