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FAS - Foreign Agricultural Service

03/11/2026 | Press release | Distributed by Public on 03/12/2026 11:51

Taiwan: Taiwan Extends Tariff and Business Tax Cuts for Selected Imported Agricultural Commodities

On March 4, 2026, Taiwan announced the extension of tariff and business tax exemptions for several agricultural commodities until the end of September 2026. The tariff on beef and selective butter products and milk powder is reduced by 50 percent, the tariff on wheat and the business tax on imported corn, soybeans, and wheat are waived. These measures, originally set to expire at the end of March 2026, represent the 17th wave of tax reduction measures since their initial implementation in December 2021. The government aims to keep the annual Consumer Price Index (CPI) growth rate below two percent.

FAS - Foreign Agricultural Service published this content on March 11, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on March 12, 2026 at 17:51 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]