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The lotus-shaped public art installation, nicknamed the “Lotus Seat,” at the Triangle Park in Changhua City has finally been demolished. The name Triangle Park dates back to the Japanese colonial period, when it was grassed over and planted with trees as part of an urban beautification initiative. As road traffic increased, the park was converted into a circular traffic island in the center of a roundabout at what has become a major intersection in the city, with three roads leading into it. Over time, Triangle Park has gone through many changes, and its current iteration is neither triangular or ....
Legislature reduces taxes artists pay on sold works By Chien Hui-ju and William Hetherington / Staff reporter, with staff writer The Legislative Yuan on Friday passed an amendment to reduce the taxes artists pay on income from auctioned art. The amendment which replaces the Culture and Arts Reward Act (文化藝術獎助條例) with the Culture and Arts Reward and Promotion Act (文化藝術獎助及促進條例) stipulates that proceeds from art sales are to be taxed on a per-transaction basis, and not reported as part of an artist’s annual income. Taxes would be calculated as 20 percent of 6 percent of the final transaction amount which reduces the tax from the income of a sold artwork by 1.2 percent. ....