Finance Ministry says revised revenue-allocation law cut central business-tax share by NT$274.8 billion in Jan-Sep
Published · Updated
What happened
The Ministry of Finance announced that the revised Fiscal Revenue Allocation Act reduced the central government's allocated business-tax revenue by NT$274.8 billion in the first nine months of 2026 compared with the same period a year earlier, even as several major tax categories posted stronger receipts.
Why it matters
The announcement gives a new official measure of how much the revised revenue-sharing formula has changed central government cash flow. That affects near-term budget execution, financing plans, and judgments about whether stronger headline tax collection is available for central spending commitments.
Taiwan's Ministry of Finance said on November 3 that the central government's allocated business-tax revenue in the first nine months of the year fell by NT$274.8 billion from a year earlier because of the revised Fiscal Revenue Allocation Act. The statement matters because it separates strong aggregate tax collection from the central government's usable fiscal intake: securities transaction tax, profit-seeking enterprise income tax, and business-tax receipts were stronger, but the distribution formula shifted funds away from the center. For near-term budgeting, debt planning, and spending control, this is a concrete change in central fiscal room rather than a broad tax-trend story.
Watch for
Taiwan's Ministry of Finance release of updated revenue projections for Q4 2026 by November 6, 2026 Taiwan's Legislative Yuan vote outcome on proposed amendments to the Fiscal Revenue Allocation Act by November 7, 2026 No confirmed announcements from the Ministry of Finance regarding adjustments to budget execution plans by November 6, 2026
Sources
- 財部：受財劃法影響 前9月中央獲配營業稅年減2748億元 · cna.com.tw
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