Taiwan clarifies rules on foreign tax credit eligibility
Unclaimed treaty relief blocks foreign tax credit in Taiwan Taiwan’s Ministry of Finance has clarified that profit-seeking enterprises are not eligible to claim a foreign tax credit for excess taxes paid in treaty jurisdictions if they do not
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Taiwan issues CFC exemption guidelines for 2025 compliance
New guidance confirms Taiwan’s CFC exemption applies to entities with limited earnings or substantial operations. Taiwan’s Ministry of Finance has released a notice to specify the exemption limit for current-year income under the Controlled
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Taiwan imposes temporary anti-dumping duties on Chinese beer and steel
Taiwan will impose four-month anti-dumping duties on Chinese beer and hot-rolled steel to protect its domestic industry. Taiwan’s Ministry of Finance will impose anti-dumping duties on Chinese-origin beer and hot-rolled steel for four months
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Taiwan: Ministry of Finance outlining tax return filing obligations for resident individuals
Taiwan’s Ministry of Finance has set a 30 June 2025 deadline for resident tax returns, with filing based on ARC-registered addresses. Taiwan's Ministry of Finance has released a statement outlining the tax return filing obligations for
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Taiwan clarifies transfer pricing report rules for Tax Year 2024
Taiwan’s Ministry of Finance has outlined documentation requirements for 2024 controlled transactions, allowing certain enterprises to submit alternative evidence instead of a full transfer pricing report. Taiwan’s Ministry of Finance has
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Taiwan: MoF clarifies tax treatment of employee scholarship expenses
Taiwan’s Ministry of Finance released new guidance clarifying the tax implications of scholarship-related expenses on 19 May 2025. A foreign company inquired by phone with the National Taxation Bureau about whether they could claim expenses for
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Taiwan: Ministry of Finance makes available interest-free extension, installment plan for business affected by US tariffs
In response to the impact of the US “Reciprocal Tariffs” policy on various industries, the National Taxation Bureau of Kaohsiung states that taxpayers who are unable to pay the full amount of tax in a single payment during the income tax return
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Taiwan: MOF clarifies that businesses with minor tax overdue can still offset profits and losses
Taiwan’s Ministry of Finance (MOF) announced that profit-seeking businesses with minor outstanding tax payments may still request to offset profits and losses. This clarification was made by the Ministry on 6 May 2025. The National Taxation
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Taiwan allows foreign residents to file income tax online without household registration
Taiwan’s Ministry of Finance announced that foreign nationals who stay in the country for at least 183 days within a taxable year are considered residents of Taiwan for tax purposes, even without household registration, and are eligible to file
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Taiwan extends 2024 annual corporate tax return, investment incentive application deadlines
Taiwan's deadline for filing and paying the 2024 annual tax return has been extended from 31 May to 30 June 2025. The deadline to apply to the competent central authority for various investment tax credits have also been extended until 30 June
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Taiwan: Legislative Yuan approves expanded tax incentives for AI, green tech, startups
Taiwan's Legislative Yuan has approved amendments to the Statute for Industrial Innovation, increasing tax incentives for investments in artificial intelligence (AI), carbon emission reduction technologies, and startups on 18 April 2025. The
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Taiwan raises VAT registration threshold for non-resident e-service providers
Taiwan’s Ministry of Finance issued Decree No. 11404515421 amending the VAT regulations for non-resident electronic service (e-service) providers on 7 April 2025. A key revision under the decree is the adjustment of the VAT registration threshold
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Taiwan: MoF clarifies taxation timing for house and land transactions
Taiwan's Ministry of Finance has released a notice providing clarification on the timing of house and land transactions for tax purposes on 14 April 2025. Transactions involving properties acquired on or after 1 January 2016 are subject to the
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Taiwan extends deadline for tax treaty benefit applications
Taiwan’s Ministry of Finance has announced an extension to the application deadline for claiming tax treaty (agreement) benefits on 10 April 2025. The Ministry of Finance promulgated the amendments to Article 34 of the "Regulations Governing
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Taiwan: Ministry of Finance outlines criteria for commission expense deductions
Taiwan's Ministry of Finance issued a notice stating that businesses must provide proof of agency services rendered in order to deduct commission expenses on 31 March 2025. National Taxation Bureau of the Central Area, Ministry of Finance
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Taiwan: Ministry of Finance clarifies investment loss recognition rules for bankrupt businesses
Taiwan's Ministry of Finance has announced that profit-seeking enterprises can only recognise investment losses from bankrupt businesses once the court has ruled to terminate the bankruptcy proceedings, while the National Taxation Bureau of Taipei
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Taiwan: Amended withholding rules enters into force
Taiwan's Ministry of Finance issued a notice on 18 March 2025, confirming the implementation of revised withholding tax regulations, effective from 1 January 2025. Under the amended rules, which take effect on the same date, the tax withholder
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Taiwan: MoF issues statement on US Double-Tax Relief Act approval
Taiwan's Ministry of Finance ( MoF) issued a statement on 12 March 2025, welcoming the passage of the US-Taiwan Expedited Double-Tax Relief Act by the US House of Representatives on 15 January 2025 (local time). The 119th US Congress, which
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