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January 2000 Issue

Bulletin

STATUTE FOR UPGRADING INDUSTRIES AMENDED

The amended Statute for Upgrading Industries received its final reading in the Legislative Yuan on 28 December 1999, and came into effect on 1 January 2000. The main points are as follows:Tax credits are to remain available for ten years, until 31 December 2009.Companies' expenditure on investments in automation, or in equipment or technology for resource recycling, pollution control, reduction of carbon dioxide emissions o ... More

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