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MOF says politics did not stop tax deal

The Ministry of Finance yesterday said the breakdown of cross-strait negotiations on a tax pact on Monday was mainly the result of a dispute over levying income tax on China-based Taiwanese businesspeople according to where they reside or where they get paid.

The ministry said the breakdown was not related to sovereignty, apparently contradicting comments a day earlier by Premier Wu Den-yih (吳敦義), who said the deal was delayed because the treaty would have treated Taiwan the same as Hong Kong.

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Think tank urges US to strengthen Taiwan relations

A Washington think tank is advising US President Barack Obama to foster closer diplomatic, defense and economic relations with Taiwan to offset China’s “potentially coercive” embrace.

In an eight-page policy brief, the Center for a New American Security (CNAS) concludes that US cross-strait policy remains based on a “tangled and complex web of decades-old doctrine, law and joint statements.”

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Newsflash

Thousands of people attended a rally yesterday afternoon in Taipei to voice their opposition to the so-called “1992 consensus” and express their concern over Taiwan’s sovereignty under President Ma Ying-jeou’s (馬英九) administration.

Thousands of people gathered in front of the Presidential Office to mark the 60th anniversary of the signing of the San Francisco Peace Treaty as part of the rally, which was organized by the Taiwan Nation Alliance.

The aim of the parade was to say to both the Chinese Nationalist Party (KMT) and the international community that Taiwan does not belong to China, organizers said.