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
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
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
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
Taiwan's Ministry of Finance (MOF) has issued guidance allowing foreign companies to apply in advance for approval of the net profit ratio and domestic profit contribution ratio on 26 February 2025. This enables withholding tax to be calculated
Taiwan's Ministry of Finance has clarified that enterprises will be penalized for failing to report or underreporting income, even if no tax liability exists. This announcement was made by the Taiwan Ministry of Finance on 2 January