On 4 September, 2018, the Ministry of Labor (MOL) announced the amendment to "Common Principle of Calculation of Fines for Violations of Labor Standards Act" (the Principle), which took effect on 1 October, 2018.
On 26 September 2018, the Ministry of Finance (MOF) announced the amendment to the "Direction for Reviewing and Regulating Deferral of Land Value Increment Tax for Land Transfer Due to Mergers and Acquisitions of Enterprises and Financial Institutions".
The Money Laundering Control Act will apply to lawyers, notaries public and accountants only if the services they provide in connection with the incorporation, operation or management of companies involve fund planning.
On 28 August 2018, the Financial Supervisory Commission (FSC) issued a ruling to amend that the long-term credit rating of the issuer or guarantor and the issue rating of the offshore structured products purchased by non-professional investors through a trust investment or consigned trading, or offshore structured products which are the subordinate to investment-linked policies, which are adjusted from A+/A1 or above to A/A2.
On 16 August 2018, the Ministry of Labor (MOL) announced that from 1 January 2019, the monthly minimum wage will be adjusted from NTD 22,000 to NTD 23,100, and the hourly minimum wage will be adjusted from NTD 140 to NTD 150 dollars.