Taiwan Tax Updates

Taiwan Tax Update January 2017

20/01/17

Taiwan-Canada and Taiwan-Poland tax treaties became effective as of 1 January 2017

Taiwan Tax Update December 2016

10/01/17

The Taxpayer Rights Protection Act was announced by the President on December 28, 2016.

Taiwan Tax Update November 2016

28/11/16

Concurrent reporting of insurance claim and calamity loss in corporate income tax return to avoid penalties for under-reporting income

Taiwan Tax Update October 2016

24/10/16

Concurrent reporting of insurance claim and calamity loss in corporate income tax return to avoid penalties for under-reporting income

Taiwan Tax Update September 2016

03/10/16

Recent release of supplemental rules governing “double deduction of R&D expenses”

Taiwan Tax Update August 2016

18/08/16

Draft amendment of Income Basic Tax Act to expand application of the CFC rules to individuals

Taiwan Tax Update July 2016

20/07/16

Anti-tax avoidance CFC and PEM rules passed third reading by Legislative Yuan

Taiwan Tax Update June 2016

27/06/16

Legislative Yuan Completed Preliminary Review of Draft Bill regarding Taiwan CFC and PEM rules

Taiwan Tax Update May 2016

23/05/16

Tax Treatment of Foreign Profit-Seeking Enterprises Engaging Taiwan Logistics Centres or Bonded Warehouses in Logistics and/or Manufacturing Activities

Taiwan Tax Update April 2016

30/03/16

Building sales price may be adjusted by the tax authority for business entities selling buildings at a loss

Taiwan Tax Update March 2016

28/02/16

Supporting documents to be maintained by profit seeking enterprises after public utilities companies start to issue electronic government uniform invoice (“GUI”) from January 2016

Taiwan Tax Update February 2016

30/01/16

Increased deduction of expenses as tax incentives granted shall be added back to basic income of profit-seeking enterprise

Taiwan Tax Update July 2016

Anti-tax avoidance CFC and PEM rules passed third reading by Legislative Yuan