The National Tax Administration of Taipei (
KMT legislator Yang Chi-hsiung (
According to the newspaper report, the tax administration will investigate Soong's accounts, assets, tax records, as well as his flow of money with interested parties, including his parents.
High-ranking officials of the Ministry of Finance later confirmed the presidential candidate and his wife are both on the investigation list.
Finance minister Paul Chiu (
The tax administration will first request relevant banks and securities firms to offer documents about Soong Chen-yuan's financial dealings over the past seven years, said officials of the administration.
If anything unusual is found, the administration will summon the persons involved -- such as Soong Chen-yuan and the unidentified "elder" that James Soong has called the source of the funds -- to testify, the paper said.
As current tax laws stipulate that probes into tax evasion must be completed within seven years of the event, the administration has decided to speed up the investigation. The administration, however, stressed that the investigation is a matter of taxation, and it has nothing to do with politics.
The Ministry of Transportation and Communications yesterday inaugurated the Danjiang Bridge across the Tamsui River in New Taipei City, saying that the structure would be an architectural icon and traffic artery for Taiwan. Feted as a major engineering achievement, the Danjiang Bridge is 920m long, 211m tall at the top of its pylon, and is the longest single-pylon asymmetric cable-stayed bridge in the world, the government’s Web site for the structure said. It was designed by late Iraqi-British architect Zaha Hadid. The structure, with a maximum deck of 70m, accommodates road and light rail traffic, and affords a 200m navigation channel for boats,
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest foundry service provider, yesterday said that global semiconductor revenue is projected to hit US$1.5 trillion in 2030, after the figure exceeds US$1 trillion this year, as artificial intelligence (AI) demand boosts consumption of token and compute power. “We are still at the beginning of the AI revolution, but we already see a significant impact across the whole semiconductor ecosystem,” TSMC deputy cochief operating officer Kevin Zhang (張曉強) said at the company’s annual technology symposium in Hsinchu City. “It is fair to say that in the past decade, smartphones and other mobile devices were
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