The Cabinet yesterday approved an amendment seeking to double the tobacco health and welfare surcharge in a bid to control tobacco consumption.
The government suggested raising the surcharge imposed on tobacco products to NT$20 per package from the current NT$10 per package, Cabinet Spokeswoman Vanessa Shih (史亞平) told a press conference after the weekly meeting.
The proposed amendment to the Tobacco Hazard Prevention Act (菸害防制法) states that the 48.7 percent surcharge imposed on the retail price of tobacco products sold in Taiwan is lower than the international standards of 66.7 percent to 80 percent set by the World Bank.
Department of Health statistics shows that annual expenditure on tobacco-related diseases has reached approximately NT$45 billion (US$1.37 billion), accounting for about one-tenth of the National Health Insurance System's expenses.
Shih said the government would use the surcharge collected from tobacco sales to subsidize the health insurance premiums of economically disadvantaged families living in remote areas or those suffering from rare diseases.
The government is expected to adopt the new surcharge on Jan. 11 if the legislature approves the amendment.
The Cabinet also approved an amendment to the Statute for Upgrading Industries (促進產業升級條例) designed to encourage investment yesterday.
The amendment proposes granting five-year income tax exemptions to manufacturing or service companies that put in new investments between July 1 this year and the end of next year.
The Ministry of Economic Affairs has estimated that this would create NT$500 billion in new investments, which in turn would contribute to an increase of NT$6 billion in tax revenue over five years.
The Cabinet also approved a draft measure to turn Taiwan Taoyuan International Airport into an Asian logistics center that could help transform domestic industries and boost long-term economic development.
Minister of Transportation and Communications Mao Chi-kuo (毛治國) said at a press conference after the Cabinet meeting that the government planned to set up a state-owned enterprise to manage the transformation of the airport into a regional center.
A magnitude 4.9 earthquake struck off Tainan at 11:47am today, the Central Weather Administration (CWA) said. The hypocenter was 32.3km northeast of Tainan City Hall at a depth of 7.3km, CWA data showed. The intensity of the quake, which gauges the actual effect of a seismic event, measured 4 in Tainan and Chiayi County on Taiwan's seven-tier intensity scale, the data showed. The quake had an intensity of 3 in Chiayi City and County, and Yunlin County, while it was measured as 2 in Kaohsiung, Nantou County, Changhua County, Taitung County and offshore Penghu County, the data showed. There were no immediate reports of
‘DENIAL DEFENSE’: The US would increase its military presence with uncrewed ships, and submarines, while boosting defense in the Indo-Pacific, a Pete Hegseth memo said The US is reorienting its military strategy to focus primarily on deterring a potential Chinese invasion of Taiwan, a memo signed by US Secretary of Defense Pete Hegseth showed. The memo also called on Taiwan to increase its defense spending. The document, known as the “Interim National Defense Strategic Guidance,” was distributed this month and detailed the national defense plans of US President Donald Trump’s administration, an article in the Washington Post said on Saturday. It outlines how the US can prepare for a potential war with China and defend itself from threats in the “near abroad,” including Greenland and the Panama
The Chinese Nationalist Party (KMT) is maintaining close ties with Beijing, the Democratic Progressive Party (DPP) said yesterday, hours after a new round of Chinese military drills in the Taiwan Strait began. Political parties in a democracy have a responsibility to be loyal to the nation and defend its sovereignty, DPP spokesman Justin Wu (吳崢) told a news conference in Taipei. His comments came hours after Beijing announced via Chinese state media that the Chinese People’s Liberation Army’s Eastern Theater Command was holding large-scale drills simulating a multi-pronged attack on Taiwan. Contrary to the KMT’s claims that it is staunchly anti-communist, KMT Deputy
RESPONSE: The government would investigate incidents of Taiwanese entertainers in China promoting CCP propaganda online in contravention of the law, the source said Taiwanese entertainers living in China who are found to have contravened cross-strait regulations or collaborated with the Chinese Communist Party (CCP) could be subject to fines, a source said on Sunday. Several Taiwanese entertainers have posted on the social media platform Sina Weibo saying that Taiwan “must be returned” to China, and sharing news articles from Chinese state media. In response, the Mainland Affairs Council (MAC) has asked the Ministry of Culture to investigate whether the entertainers had contravened any laws, and asked for them to be questioned upon their return to Taiwan, an official familiar with the matter said. To curb repeated
RSS