The Chinese Nationalist Party (KMT) had the most income last year of any political party, despite about half being restricted as part of investigations into ill-gotten assets, while the Taiwan People’s Party (TPP) turned a profit.
The Ministry of the Interior yesterday released data on party finances for last year.
The KMT reported more than NT$1.1 billion (US$33.95 million) in income, although access to about NT$568 million was restricted by the Ill-gotten Party Assets Settlement Committee.
After subtracting the restricted amount, the KMT still had the most income at NT$530 million.
By income type, NT$125 million came from party dues, NT$153 million was from donations — the highest among the three major parties — and NT$246 million was from political party subsidies.
The Democratic Progressive Party (DPP) reported income of NT$509 million.
About NT$133 million was from dues and NT$256 million was from subsidies — both more than the KMT — while NT$116 million came from donations.
However, DPP expenditures totaled NT$719 million, resulting in a shortfall of about NT$211 million.
The TPP reported income of NT$183 million and expenditures of NT$158 million, making it the only major party to turn a profit.
Income mainly came from donations (NT$84.3 million) and subsidies (NT$79.1 million), while NT$18.6 million came from dues.
Worth noting is that the TPP received more than NT$6.52 million in anonymous donations, about seven times that of the KMT.
Of the expenditures, the DPP spent the most on personnel costs at NT$212 million, compared to NT$115 million spent by the KMT and NT$34 million spent by the TPP.
The KMT and DPP spent a similar amount on campaign expenses at NT$147 million and NT$142 million respectively.
The TPP only spent NT$7.07 million on campaign expenses, although they have not yet been properly detailed.
Not including expenses related to court-ordered disposal of ill-gotten assets totaling NT$670 million, the KMT’s expenditures amounted to NT$525 million.
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