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友善列印
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Accounting Treatment Directions for the T+2 Delivery Versus Payment (DVP) Settlement System for the Securities Market  CH

Announced Date: 2009.01.07 
1     Handle in accordance with the provisions of Article 82 of the Operating Rules of the Taiwan Stock Exchange Corporation and Article 12 of the Taiwan Stock Exchange Corporation Regulations Governing Brokerage Contracts of Securities Brokers.
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2     In compliance with the Accounting Treatment Directions for the T+2 Delivery Versus Payment (DVP) Settlement System for the Securities Market initiated as of February 2, 2009, the accounting for securities firm engaging in brokerage trading (emerging stocks not included) will be adjusted. Entries which are supposed to be made on T+1 date will be moving up to T date, and reserve accounts for receivable price of securities purchased for customers and price payable of securities sold for customers.
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3     In accordance to Article 3 of the Securities Transaction Tax Act, the collecting agent shall make payment to the national treasury along with a filled payment slip on the day following the date of transaction. After implantation of the T+2 Delivery Versus Payment (DVP) Settlement System, the relevant transaction tax collected by the collecting agent shall be paid to the national treasury on T+3 date at the latest, and dealers can make early payment to the national treasury on T+2 date.