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WORLD PRESS TRENDS - World Association of Newspapers

WORLD PRESS TRENDS - World Association of Newspapers

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TAIWAN<br />

Research<br />

No independent organisation audits circulation. All circulation<br />

figures are publishers’ claims.<br />

Readership is measured by: AC Nielsen<br />

Taxes<br />

VAT on:<br />

advertising 5% (normal VAT rate 5%)<br />

Subsidies<br />

Are there subsidies for the purchase <strong>of</strong> newsprint No<br />

Are loans granted at low rates for re-equipment and improvement <strong>of</strong><br />

existing equipment No<br />

Are there any direct subsidies No<br />

Ownership<br />

Does any law exist governing publishing-house ownership, or the<br />

registration <strong>of</strong> shares in newspaper-publishing companies No<br />

Is there any law prohibiting or restricting foreign companies or<br />

individuals from owning shares, and in particular, the majority <strong>of</strong><br />

shares, <strong>of</strong> domestic daily newspapers No<br />

Is there any law prohibiting daily newspaper or periodical publishers<br />

from operating radio or television stations in the same locality No<br />

So as to guarantee disclosure and transparency in the capital structure<br />

and to avert silent partnerships, is there a law or rule making it possible<br />

to determine who actually owns a publishing company No<br />

Is there an antitrust law limiting concentration in the daily press<br />

No<br />

Is further regulation <strong>of</strong> media concentration expected No<br />

<strong>WORLD</strong> ASSOCIATION OF NEWSPAPERS - <strong>WORLD</strong> <strong>PRESS</strong> <strong>TRENDS</strong> 2003 273

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