"It's like lowering the price of gasoline, " said Jardine Fleming Securities senior salesman Paul Migliorato about the prospect of lower securities transaction taxes.
22.
Traders said three political parties are considering an increase in the capital gains tax to offset an anticipated cut in the securities transaction tax.
23.
Japanese stocks rose, led by brokerage and property shares, after Prime Minister Ryutaro Hashimoto said the government will eliminate the securities transaction tax by 2001.
24.
The plan also calls for halving securities transactions taxes to boost the sagging stock market and freezing land taxes to stimulate a moribund property market.
25.
Stocks of securities companies, which would be helped if the government follows through on its hints of cutting the securities transaction tax, posted healthy gains.
26.
TAIPEI : Taiwan shares surged to a six-week closing high, following a government proposal to suspend securities transaction taxes and halve value-added tax on land.
27.
This morning, EPA chief Koji Omi said the government will pursue economic structural reforms and consider cutting corporate and securities transaction taxes to help the economy.
28.
In order to make the proposal tax neutral, the government may consider to increase the rate of Securities Transaction Tax ( STT ) appropriately .
29.
In Hong Kong today, Rubin said Japanese leaders are concerned that their planned stimulus measures, such as cuts in corporate taxes and securities transaction taxes, may fail.
30.
The party will also recommended halving the securities transaction tax to 0.1 percent from 0.21 percent next year, and abolishing the tax in the year ending March 2000.
