Thu, Apr 24, 2003 - Page 10 News List

Travel agencies offer SARS plan

FILTERS AND CASH Tourism specialists take the lead in proposing creative solutions to the SARS epidemic's impact on their business interests

By Annabel Lue  /  STAFF REPORTER

In response, the Minister of Finance Lin Chuan (林全) turned down the request yesterday, saying the concession would undermine the nation's taxation system.

"It is inappropriate to exempt any single sector from business income tax," Lin said. "If the government offered tax exemption to the travel industry, other sectors affected by SARS may ask for similar privileges ? this would undermine our nation's finances."

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