The treasury took in NT$293.7 billion (US$9 billion) in tax revenues last month, a 57.6 percent jump from a year ago, the Ministry of Finance said yesterday.
The biggest increase came from income tax revenues, which rose 72.1 percent from last year to record NT$228.4 billion.
Among them, business income tax soared by 164.7 percent to NT$111.7 billion and personal income tax increased 29 percent to NT$116.7 billion as the tax-filing deadline was postponed to June 1 this year, said Lee Li-shu (
For the first six months of the year, taxation totaled NT$898.8 billion, up 2.5 percent from last year. As the figure accounts for 61.2 percent of the target set for the whole year, Lee estimated that tax revenues this year were highly likely to surpass the government-set target.
Income from securities transaction tax rose by 59.5 percent to NT$47.7 billion during the January-to-June period due to increased stock transactions. The average daily stock turnover in April and May broke the NT$100 billion mark to reach NT$123.9 billion and NT$133.1 billion, respectively.
The figure dropped to NT$91.2 billion last month, the data showed.
Lee declined to predict share performances for the next six months, saying the market was easily affected by unexpected events, especially political developments, she said.
During the first half of the year, income tax grew by 3 percent to NT$402.5
billion, value-added tax edged up by 1.6 percent to NT$113.6 billion and
house tax revenues rose by 3.3 percent to NT$49.9 billion.
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