Fugitive removed from post
The Straits Exchange Foundation on Wednesday removed fugitive Rebar Group chairman Wang You-theng (王又曾) as one of the foundation's trustees. The foundation held a board meeting on Wednesday to discuss Wang's post. Secretary-General You Ying-long (游盈隆) said Wang's involvement in the embezzlement scandal had damaged the image of the foundation and it had asked Wang to resign but had not yet received any response. The foundation therefore decided to revoke Wang's position, You said.
NHI deductibles raised
Taxpayers will be able to claim National Health Insurance (NHI) premiums as full tax deductibles when they file their income taxes this year. Deductions from NHI premiums used to be capped at NT$24,000. "You can deduct the full amount of what you paid," said Lai Li-wen (賴立文), an employee at the NHI bureau. "But as is the case with other deductible items, only those who choose to itemize their deductions will benefit. Those who choose to use simplified, standard deductions will miss out." Based on a sample tax calculation provided by the bureau, a family of four with a monthly income of NT$60,800 and annual NHI premium payments of NT$38,940 would be able to save NT$5,179 in taxes under the new rules.
KMT sues officials over TTV
The Chinese Nationalist Party (KMT) yesterday filed a lawsuit, accusing Premier Su Tseng-chang (蘇貞昌), Government Information Office Director Cheng Wen-tsang (鄭文燦) and Minister of Economic Affairs Steve Chen (陳瑞隆) of corruption in the the sale of Taiwan Television Enterprise Ltd's (TTV, 台視) shares. Lai Kuo-chou (賴國洲), the former chairman of TTV, and Sumio Hasegawa, an official at Japan's Fuji Television Network, said on Sunday that Cheng and Chen had arranged a lunch in January during which they suggested that Fuji transfer its TTV shares to the Liberty Times Group (the parent company of the Taipei Times). "Cheng is a member of the committee in charge of reviewing the qualifications of applicants bidding for TTV shares. His interference in this case violated related laws and regulations," KMT Legislator Hsu Shao-ping (徐少萍) said.
Chiu's respite short-lived
Chinese Nationalist Party (KMT) Legislator Chiu Yi's (邱毅) happiness was short-lived yesterday as his hopes of putting off reporting to prison to serve his sentence were dashed. Chiu was sentenced to 14 months in prison on March 19, 2004, for leading a crowd trying to break through the gates of the Kaohsiung District Court. He later appealed to the Taiwan High Court's Kaohsiung branch, arguing that the Kaohsiung District Prosecutors' Office asked him to report to prosecutors and begin his jail time on April 3 despite the fact he had yet to receive his verdict. The court granted Chiu's appeal and asked prosecutors to reschedule Chiu's first day of jail time. Acknowledging there was an obvious glitch in the process, the high court's Kaohsiung spokesman Wang Kwang-chao (王光照) said judges decided to suspend the initial order for Chiu to begin his jail time on April 3 and had asked prosecutors to refile another notification. Later yesterday Kaohsiung District Prosecutors' Office spokesman Chung Chung-hsiao (鍾忠孝) said that prosecutors would do as the judges requested, but Chiu would still need to report to prison on April 3.