Taiwan’s Ministry of Finance has (MoF) published a Notice , dated 27 April 2018, containing a list of countries or regions with which Taiwan has an agreement for the exchange of information, but not for the effectively exchange information on Country-by-Country (CbC) reports according to the signed effective agreements.
Generally, in Taiwan the constituent entities of multinational enterprise group with ultimate parent companies resident in the listed jurisdictions, will be requisite to submit CbC reports locally in Taiwan if the group meets the conditions for filing (a threshold of TWD 27 billion amalgamated group revenue) as well as non-parent constituent entities resident in Taiwan if standard secondary local filing conditions are met: ultimate parent companies not submitting a report, no agreement for exchange of reports, or systemic failure for exchange.
A list of countries or regions that could not effectively exchange information on country reports under the signing of the Agreement, including Australia. , Austria, Belgium, Canada, Denmark, France, Gambia, Germany, Hungary, India, Indonesia, Israel, Italy, Japan, Kiribati, Luxembourg, Macedonia, Malaysia, Netherlands, Paraguay, Poland, Senegal, Singapore, Slovakia, South Africa, Swaziland, Sweden, Switzerland, Thailand, the United Kingdom and Vietnam.
