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Draft Act Governing the Management and Guidance of Farmland Factories Passes Preliminary Review; Feedback Levy Ratio Pending Negotiation
The draft amendment to certain articles of the "Act Governing the Management and Guidance of Factories," which is closely related to farmland factories, was deliberated on the 6th by the Economics Committee of the Legislative Yuan. Several amended articles were passed in accordance with the Executive Yuan version, while some articles were sent to cross-party negotiation. One of the key points of deliberation was when farmland is rezoned as land for a specified business purpose
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Fertilizer VAT to Be Levied from September 1 as Decided: How Big an Impact on Fertilizer Production and Sales?
The news of resuming the collection of fertilizer VAT, which has attracted widespread attention since last year, will have its answer revealed in the coming days! It is said that all fertilizers will uniformly resume being subject to the tax, and the implementation start date is most likely to be set on September 1, 2015. In particular, there are rumors that the government document on the fertilizer VAT policy is highly likely to be published tomorrow.
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