The Economic Daily of Taiwan, China, reported that Article 10-2 of the Regulations on Industrial Innovation had passed the examination of the administrative department of Taiwan, China, and will be discussed on the 17^th of this month, and if passed, it will be more conducive to the development of the semiconductor industry in Taiwan, China. It is reported that Article 10-2 of the Regulations on Industrial Innovation was announced to be revised by the economic department of Taiwan, China in June this year. It is mainly to provide tax deduction for R&D and equipment investment of companies that occupy a key position in the international supply chain. After the amendment of the draft, enterprises in the “key position in the international supply chain” can enjoy a 25% deduction rate for prospective R&D expenditures in the current year, a 5% deduction rate for the purchase of advanced equipment in the current year, and there is no upper limit for the amount of investment deduction. In addition, whether it is R&D investment deduction or equipment investment deduction, the total amount of single investment deduction shall not exceed 30% of the payable income tax on profit-making businesses in the current year. If both deductions are applied for at the same time, the total amount of deduction shall not exceed 50% of payable income tax on profit-making businesses in the current year. Industry experts said that every country has its so-called chip bill. Although Taiwan, China also has tax incentives for industrial innovation, the relevant departments should further raise the status of the semiconductor industry, and think about whether Taiwan, China should also have a “Taiwan version chip bill”, including subsidies, land taxes, government publicity, talent training, and even the big fund to comprehensively extend the semiconductor value chain in Taiwan, China. In addition, some insiders said that the current draft regulations is applicable to companies such as TSMC, MediaTek, Realtek and Novatek have the opportunity to apply, making it equivalent to a “Taiwan version chip bill”.