Taipei Times
Taipei Times
AsiaPac · 21 mins ago

Inheritance law changes to stop tax dodging

By Chung Li-hua and Jonathan Chin / Staff reporter, with staff writer Add TT as Preferred Source The Executive Yuan yesterday approved proposed amendments to the Estate and Gift Tax Act (遺產及贈與稅法) designed to prevent heirs from offloading estate tax on rivals in inheritance battles.Government officials made the comments at a post-Cabinet meeting news conference in Taipei.The proposed changes stipulate that beneficiaries of an inheritance must share the tax burden proportionately, backdating to gifts disbursed two years before the decedent’s passing, they said. Executive Yuan spokesperson Michelle Lee, center, hosts a news conference in Taipei yesterday following the weekly Cabinet meeting. Photo: CNA The draft amendments were made in compliance with a 2024 Supreme Court ruling on an inherit
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