Hops, malt tariff exemptions pass initial reviewBy Sam Garcia / Staff writer, with CNAThe Legislative Yuan’s Finance Committee today advanced a bill that would make malt and hops duty-free, aiming to lower production costs and support the long-term viability of the domestic beer industry. Photo: Taipei TimesThe legislators said they drafted the amendments to support the long-term survival and development of domestic beer brands. Lowering tariffs on malt and hops would cause about a NT$74.35 million (US$2.36 million) loss in tariff revenue, the National Treasury Administration said. However, the tax cut would increase the competitiveness and demand for domestic beer, which is projected to generate an additional NT$169.74 million in tax revenue, the agency said. After subtracting the loss in tariff revenue, the net fiscal benefit is estimated to be NT$95.39 million, it added.

Source: Taipei Times December 29, 2025 10:22 UTC