By Shih Hsiu-chuan and Chris Wang / Staff reporters
Wed, May 30, 2012 - Page 3
The Chinese Nationalist Party (KMT) legislative caucus has rejected the Cabinet’s version of a proposal to tax capital gains on securities transactions, marking the latest move that may force President Ma Ying-jeou’s (馬英九) administration to consider overhauling its major taxation policy.
“We will review all versions to see whether they are in line with vital principles governing imposition of taxes and examine their feasibility,” Premier Sean Chen said yesterday when asked about the KMT caucus’ move.