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Taiwan to stimulate exports drawback textile indus

Taiwan rescue export, struggle to develop the economy recently, the short-term boost export plan, plan to restore full export tax refund measures blunt, the tariff rate above 4.3% goods can tax rebates, easing the future for unlimited, no longer set threshold. Accord with blunt drawback conditions, can apply for tax refund, chemical, electrical products will benefit, every year industry interests at least $435 million tax rebate.

Blunt drawback is the world economic development, the expansion of export, commonly used preferential measures to reduce production cost to manufacturers, increase the competitiveness of their products.

Republic of Taiwan from 44 years since that one sales blunt drawback mechanism, regulation processing export products of the materials import taxes, have to the finished product export refund after already paid tariffs and goods tax.

The ministry of finance says the Taiwan, export industry most dependent on imports the raw material processing exported after, many key components are imported from abroad, to help companies respond to impact, and the world market competition, the Treasury to expand export tax refund happy at range.

Short-term boost exports, Taiwan the proposal to restore full export goods exports drawback measures blunt, the current tariff rate of 4.3% or more goods tax refund range, will relax to all the unlimited. The whole factory in the middle promote output, further extension pin emerging markets, such as Burma, Cambodia, Laos. Long-term measures for the industry structure transformation, in order to improve the wealth of export.

Expand export blunt drawback, the first financial tsunami in 2008 during the proposed by the ministry of finance; According to Korea after the free trade agreement (FTA) of Taiwan's export products effective threat, Taiwan financial would expand exports drawback again at range from 4.3% to tax rate above goods, and has been almost 1 year, some more than 1200 items.

This time for stimulating exports will fully relax. Benefit from including chemical industry, electrical and electronic products and parts, plastic and plastic products, textile and textile products, precision instrument, metal products and automobile parts, etc.

Source "the Chinese textile nets"

Editorial: Ashcol

time:2012/8/9
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