TAXATION
Thresholds to be raised
The monthly sales threshold for businesses to apply for tax registration is likely to be raised to NT$100,000 (US$3,108) for goods and NT$50,000 for services to keep pace with inflation, the Ministry of Finance said yesterday. The current threshold is NT$80,000 for goods and NT$40,000 for services. Business operators who do not sell enough per month to meet the threshold do not need to pay business tax. Democratic Progressive Party Legislator Lee Kuen-cheng (李坤城) during a meeting at the legislature made the suggestion to raise the threshold by 25 percent based on the consumer price index. Minister of Finance Chuang Tsui-yun (莊翠雲) responded that the ministry would change the threshold to follow that suggestion. The policy is to be formally announced by the end of this month ahead of a 30-day public comment period, followed by potential implementation on Jan. 1, Chuang said. Lawmakers had been calling for an adjustment to keep pace with inflation, as the figure had not changed for 17 years.
TRANSPORTATION
YouBike fees to be cut
YouBike rentals in New Taipei City are to be free for the first 30 minutes starting in the first quarter of next year at the earliest, the city government said yesterday. The move follows a decision by the Taipei City Government in February to reinstate the free first half hour, as people travel regularly between New Taipei City and Taipei, New Taipei City Mayor Hou You-yi (侯友宜) told a council meeting. The first 30 minutes were free when the service was launched, but that was changed to only be free for people transferring from other public transportation or with a regional transit pass, New Taipei City Transportation Department Director Chung Ming-shih (鍾鳴時) said. Currently, the first 30 minutes costs NT$5, with the remaining NT$5 of the total NT$10 cost covered by the city government, Chung said.
WEATHER
Temperatures to fall
Cooler temperatures with brief showers are forecast across northern and northeastern parts of the nation from Saturday, the Central Weather Administration (CWA) said on Tuesday. Seasonal winds combined with an arriving weather front are expected to bring temperature highs down by 5°C to 27°C that day, CWA forecaster Lin Ting-yi (林定宜) said. Intermittent showers are also likely, with a chance of heavy rain in parts of Taipei and New Taipei City, as well as coastal areas of Keelung, Lin said. Although the effects of the weather front would only last for a day, the strengthening seasonal winds would result in cooler weather until Tuesday next week, he said.
CULTURE
Juming museum reopens
Juming Museum (朱銘美術館) in New Taipei City’s Jinshan District (金山) reopened to the public on Tuesday, 11 days after suffering extensive damage from flooding caused by Typhoon Krathon. During the Oct. 4 typhoon, floodwater breached the museum’s storage facilities, knocked down sculptures displayed outside and flooded low-lying areas of the museum’s 110,000m2 campus, museum director Liu Po-Tsun (劉柏村) said. In total, 50 indoor and 86 outdoor artworks were damaged, as was some of the museum’s electrical equipment, Liu said, adding that the works of art would all be professionally restored. The museum’s exhibition “Fang Wu (方物),” which features works by 20 artists from across East Asia, were not affected by the flooding and only suffered minor humidity damage, Liu said.
‘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 High Prosecutors’ Office yesterday withdrew an appeal against the acquittal of a former bank manager 22 years after his death, marking Taiwan’s first instance of prosecutors rendering posthumous justice to a wrongfully convicted defendant. Chu Ching-en (諸慶恩) — formerly a manager at the Taipei branch of BNP Paribas — was in 1999 accused by Weng Mao-chung (翁茂鍾), then-president of Chia Her Industrial Co, of forging a request for a fixed deposit of US$10 million by I-Hwa Industrial Co, a subsidiary of Chia Her, which was used as collateral. Chu was ruled not guilty in the first trial, but was found guilty
DEADLOCK: As the commission is unable to forum a quorum to review license renewal applications, the channel operators are not at fault and can air past their license date The National Communications Commission (NCC) yesterday said that the Public Television Service (PTS) and 36 other television and radio broadcasters could continue airing, despite the commission’s inability to meet a quorum to review their license renewal applications. The licenses of PTS and the other channels are set to expire between this month and June. The National Communications Commission Organization Act (國家通訊傳播委員會組織法) stipulates that the commission must meet the mandated quorum of four to hold a valid meeting. The seven-member commission currently has only three commissioners. “We have informed the channel operators of the progress we have made in reviewing their license renewal applications, and
A wild live dugong was found in Taiwan for the first time in 88 years, after it was accidentally caught by a fisher’s net on Tuesday in Yilan County’s Fenniaolin (粉鳥林). This is the first sighting of the species in Taiwan since 1937, having already been considered “extinct” in the country and considered as “vulnerable” by the International Union for Conservation of Nature. A fisher surnamed Chen (陳) went to Fenniaolin to collect the fish in his netting, but instead caught a 3m long, 500kg dugong. The fisher released the animal back into the wild, not realizing it was an endangered species at