Taipei Mayor Ma Ying-jeou (馬英九) must explain his tax payments to the Ministry of Finance within the next two weeks, Democratic Progressive Party (DPP) lawmakers said yesterday, after they reported Ma for alleged tax evasion.
DPP Legislator Chiu Chuang-chin (邱創進) and his two colleagues called a press conference where they accused Ma of tax evasion in the legislature after visiting Minister of Finance Ho Chih-chin (何志欽).
Ma, under investigation for allegedly embezzling money from his "special allowance fund," has said that his personal fortune is the result of his family's high savings rate, which he said averaged up to 70 percent of his and his wife's monthly salaries.
This explanation, however, was called into question by DPP lawmakers.
"In 1999, the savings of Ma and his wife increased by NT$13.35 million [US$405,282], which meant that they saved NT$445,000 per month. Which is really strange, because that amount is higher than the combined monthly salary of Ma and his wife," DPP Legislator Tsai Chi-chang (蔡其昌) said.
Tsai demanded that Ma explain how he and his wife had rapidly accumulated such a fortune even as they paid for their two daughters' living expenses and tuition fees in the US, each costing at least NT$2 million a year.
When he previously responded to embezzlement allegations, Ma said that the portion of the special allowance fund he wired into his account was spent on donations to charity groups. Chiu said that he suspected the purpose of the donations was for Ma to gain tax exemptions.
"It would be illegal for Ma to gain large tax breaks because of his donations from the special allowance fund, as the fund is supposed to be spent on public affairs," Chiu said.
COLLABORATION: As TSMC is building an advanced wafer fab in Dresden, Germany, it needs to build a comprehensive supply chain in Europe, Joseph Wu said Taiwan is planning to team up with the Czech Republic to build a semiconductor cluster in the European country, National Security Council Secretary-General Joseph Wu (吳釗燮) said on Friday. Wu, who led a Taiwanese delegation at the annual GLOBSEC Forum held in Prague from Friday to today, said in a news conference that Taiwan seeks to foster cooperation between Taiwan Semiconductor Manufacturing Co (TSMC) and its counterparts in Czechia. Such cooperation is expected to transform the country into one of the most important semiconductor clusters in Europe over the next three to five years, he added. As TSMC is building an advanced
A joint declaration by Pacific leaders was reissued yesterday morning with mentions of Taiwan removed after China slammed an earlier version as a “mistake” that “must be corrected.” After five days of talks in Tonga, a “cleared” communique was released on Friday that reaffirmed a 30-year-old agreement allowing Taiwan to take part in the Pacific Islands Forum (PIF). However, the wording immediately raised the ire of Chinese diplomats, who piled pressure on Pacific leaders to amend the document. The forum reissued the communique without explanation yesterday morning, conspicuously deleting the paragraph concerning the bloc’s “relations with Taiwan.” “It must be a
A tropical depression in waters east of the Philippines could develop into a tropical storm as soon as today and bring rainfall as it approaches, the Central Weather Administration (CWA) said yesterday, while issuing heat warnings for 14 cities and counties. Weather model simulations show that there are still considerable differences in the path that the tropical depression is projected to take. It might pass through the Bashi Channel to the South China Sea or turn northeast and move toward the sea south of Japan, CWA forecaster Yeh Chih-chun (葉致均) said, adding that the uncertainty of its movement is still high,
TAIWANESE INNOVATION: The ‘Seawool’ fabric generates about NT$200m a year, with the bulk of it sourced by clothing brands operating in Europe and the US Growing up on Taiwan’s west coast where mollusk farming is popular, Eddie Wang saw discarded oyster shells transformed from waste to function — a memory that inspired him to create a unique and environmentally friendly fabric called “Seawool.” Wang remembered that residents of his seaside hometown of Yunlin County used discarded oyster shells that littered the streets during the harvest as insulation for their homes. “They burned the shells and painted the residue on the walls. The houses then became warm in the winter and cool in the summer,” the 42-year-old said at his factory in Tainan. “So I was