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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


Democratic Progressive Party Chairman Su Tseng-chang, left, gestures while walking along a sidewalk yesterday outside the National Diet Building in Tokyo, Japan, where he is visiting to discuss bilateral relations and Asia-Pacific security and stability.
Photo: Lee Hsin-fang, Taipei Times

Taiwan-Japan relations could be strengthened to promote regional stability because both countries share the values of democracy, freedom and human rights, Democratic Progressive Party (DPP) Chairman Su Tseng-chang (蘇貞昌) said in Tokyo yesterday.

“The DPP hopes that Taiwan and Japan can strengthen their bilateral partnership as members of a democratic alliance, which would make the Asia-Pacific a region of security, stability and prosperity by promoting dialogue and closer engagement,” Su said on the second day of his five-day visit to Japan.