2014-11-04 16:45:08

With the implementation of FATCA (Foreign Account Tax Compliance Act), reporting to the IRS is scheduled to begin in March, 2015. In the future, related investment and tax information will be exchanged between Taiwan and the U.S. government. With ...(more)

2014-10-24 16:21:55

1. There are 2 tax credit rate choices for R&D investment. If the company wishes to extend the tax credit to 3 years, the tax credit rate would be 10%. If the company wishes to use the tax credit for the current fiscal year, the tax credit rate is wo...(more)

2014-10-21 15:43:02

Article 1 This Act is enacted to encourage the use of electronic transactions, ensure the security of electronic transactions, and facilitate the development of electronic government and electronic commerce. For matters not provided in this Act, ...(more)

2014-10-21 15:36:37

Article 1 (The Legislative Purpose) This Act is enacted to protect trade secrets, maintain industrial ethics and order in competition, and balance societal and public interests. Matters not provided for in this Act shall be governed by other laws....(more)

2014-10-14 16:26:34

According to Article 42 of The Enforcement Rules of Value-added and Non-value-added Business Tax Act, the amount of the tax refundable is limited to the amount calculated by applying the 5% business tax rate on the zero-tax rate sales income. The rel...(more)

2014-09-30 15:03:35

The physical examination fees paid by employers for public functionaries, teachers, military personnel, police, staff employees and workers of public and private enterprises are work-related subsidies and are categorized as salary income under Catego...(more)

2014-09-23 14:25:48

According to Article 4 of Tax Collection Act, when a foreign diplomat in Taiwan with a diplomat identification card and tax exemption card issued by the Ministry of Foreign Affairs purchases goods or services, the vendor should issue a zero-tax-rate ...(more)

2014-08-15 14:34:45

According to Item 9, Article 16 of the Estate and Gift Tax Act, the proceeds paid to the designated beneficiary at the time of death of the insured under life insurance are excluded from the Gross Estate. Item 9, Article 16 of the Estate and Gift Tax...(more)

2014-08-12 13:51:03

The Specifically Selected Goods and Services Tax (Luxury Tax) is only imposed on high-priced new cars. For used car dealers selling high-priced used cars, if the car price is not over 3 million NTD, it is not under the scope of luxury tax. Luxury...(more)

2014-08-08 15:50:36

When individuals sell shares of companies that do not issue stock, it is not the securities described under the provision of Article 1 Subparagraph 2 of Securities Transaction Tax Act and Article 4-1 of Income Tax Act. Therefore, it is not subject to...(more)