Taiwan adopts ‘anti-extravagance’ law

Tax evaders have been banned from participating in activities considered by Taiwan officials as wasteful. This includes mundane activities like taking a taxi.

Ministry of Justice officials discovered several people who owe more than Tw$10 million ($331,813) in tax but are living in extravagant style. They have since been slapped with the ‘anti-extravagance’ orders.

The official said:

Since they owe the government a lot of money, they are banned from spending more than Tw$2,000 on a single purchase and using expensive transportation means such as taxis or high-speed trains. The government will monitor the spending of the repeat evaders warning they could face detention if violating the order.

Anti-extravagance laws on tax evaders were adopted after a public outcry, when it was revealed a tycoon who owed about Tw$300 million in tax was frequenting luxury boutiques.

Having the public enraged by the deceit of these evaders has paid dividends for the government. Taking advantage of the ill feeling in the community, they unveiled the list of the country’s top tax evaders and encouraged the public to keep a close eye on those who made the list in a fresh bid to collect overdue tax.

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