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How are taxi fares calculated?

According to public bulletin, No. 09634119301, issued on October 18th, 2007 by the Department of Transportation, Taipei City’s taxi fares were adjusted as follows, effective at 12:00am, November 1st, 2007:
(1) Taximeter fare: It’s NT$70 as start fees for the first 1.25 km; after that, it’s NT$5 for every 250 meters traveled (according to what’s shown on the meter. Additional charge is effective for nighttime travel.)
(2) Prolonged metering: It’s NT$5 for every 100 seconds for slow-moving taxis at under 5km per hour.
(3) Additional nighttime fare: From 11:00 pm till 6:00am the next day (additional nighttime charge is calculated according to the time the passenger boards the vehicle), an extra NT$20 is added per trip, in addition to the metered nighttime fares.
(4) Fares during Chinese New Year holidays: Two days prior to the Chinese New Year’s eve until the holidays end, passengers are charged nighttime fares for the trip, plus an extra NT$20 of gratuity. For nighttime traveling during CNY holidays, passengers are charged extra nighttime fares, plus an extra NT$40 of gratuity.