The enactment of the General Code for Local Taxes (GCLT) lies in promoting the autonomy of local finance, meeting the special needs of local jurisdiction, alleviating the financial dependence on central government grants, and enhancing the tax effort of local governments. Although the GCLT is the most important guideline for local finance, only twelve tax programs under the GCLT was implemented since it had been enacted in 2002. The feasibility of implementation of the GCLT is therefore worthy of further investigation and assessment. Based on a nationwide survey of 344 local governments in Taiwan, this study assesses the feasibility of implementation of the GCLT. According to the survey results, it is demonstrated that the major problems inherent in the implementation of the GCLT include deficiencies in code design, shortage of administrative assistance, political barriers, and decrease in investment. Besides, the characteristics of local governments are also important contextual factors that may exert significant effects on the implementation of the GCLT. Finally, it is suggested by the survey results that strategies for promoting the implementation of the GCLT involve in administrative assistance from central government, political compromise among stakeholders, deregulation, and incentives for tax effort.