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| 題 名 | 有關臺灣個人投資儲蓄帳戶(TISA)政策之評議與建議=Evaluation and Recommendations for the Taiwan Individual Savings Account (TISA) Policy in Taiwan |
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| 作 者 | 郭永騰; | 書刊名 | 經濟研究. 國家發展委員會經濟發展處 |
| 卷 期 | 26 2026.03[民115.03] |
| 頁 次 | 頁(5)1-(5)37 |
| 分類號 | 563.54 |
| 關鍵詞 | 臺灣個人投資儲蓄帳戶; 定期定額; 股市; |
| 語 文 | 中文(Chinese) |
| 中文摘要 | 為協助國人累積足夠退休儲備,行政院推動創建「臺灣個人投資儲蓄 帳戶」(TISA)政策,旨在透過租稅優惠引導國民長期投資股市,立意良 善。自TISA開辦以來,金融業者反映熱絡,顯見市場對此類個人儲蓄機 制的期盼。 為使TISA政策效益最大化,本文擬借鏡鄰近國家相關政策經驗,探 討國內政策可再精進之處。觀察近期英國持續擴大其ISA(個人儲蓄帳戶) 適用範圍至長期資產基金,以及日、韓採行類似政策後,股市周轉率出現 明顯變動,其中日本股市更創1990年來的歷史新高。然而,TISA未來實 質效益與國民投資成效,仍高度取決於股市整體表現,因此建立完善配套 措施實屬必要。 現行國內政策係以「定期定額」方式引導國民投入股市,為進一步促 成新增租稅優惠,本文建議行政部門應從以下面向精進:首先,應建立明 確指標,以利追蹤預期效益;其次,將適用對象與可選擇標的予以普及化, 或新增弱勢退休族群穩定的收入來源,進而提升民眾參與意願;最後,必 須加強預防詐騙與風險控管機制,確保民眾資產安全。透過這些配套措 施,TISA政策將更能發揮其社會效益,獲得社會大眾的認同。 |
| 英文摘要 | To assist citizens in accumulating retirement savings, the Executive Yuan (Cabinet) in Taiwan has promoted the policy of creating the "Taiwan Individual Savings Account" (TISA), a policy initiative designed to guide the public to invest in the stock market through tax incentives. Since the launch of TISA accounts for the public, the financial industry response has been enthusiastic. indicating the market's expectation for this type of personal savings mechanism. To maximize TISA's effectiveness, the article examines similar policies in neighboring countries for potential domestic improvements. Recently, the UK has expanded the applicable scope of its ISA to include Long-Term Asset Funds (LTAFs). Japan and South Korea have seen significant changes in stock market turnover rates after adopting their respective policies (NISA/KISA), with the Japanese stock market even reaching a new historical high since 1990. However, TISA's future success relies heavily on overall stock market performance, making comprehensive supporting measures crucial. The current domestic policy encourages the public to invest in the stock market through regular fixed-amount investments. To facilitate new tax incentives, the article recommends that the Executive Yuan should: Establish clear indicators to track expected benefits. Broaden eligibility and expand available investment options, or provide stable income for disadvantaged retirees, to boost participation. Strengthen fraud prevention and risk management to protect assets. Implementing these supporting measures could enhance TISA's societal benefits and gain public approval. |
本系統中英文摘要資訊取自各篇刊載內容。