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Budget Cuts Affect Invoice Lottery Prizes, Cloud Invoice Awards Increased by 700,000 Sets per Period

  • Media reports claim a reduction in the budget for invoice bonuses.
  • The Ministry of Finance explains the budget was initially set based on a 3 percent allocation from total business tax revenue.
  • A legislative decision reduced the budget by 10 percent, affecting the funds for invoice bonuses.
  • To encourage cloud invoices, the budget increase was planned for more prize groups.
  • After budget cuts, the number of additional prize opportunities was reduced.
  • The Ministry plans to adjust the number of prize groups based on budget execution.
  • The number of invoices issued is expected to increase, but budget cuts may lower the prize-winning rate.

Source: mof.gov.tw

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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