[Taxation] Exempted Income
2009-11-26 11:03:02
The following categories of income are exempt from profit-seeking-enterprise income tax:
1.Income derived from the sale of land or the sale of property for the purpose of stockpiling war materials in accordance with government regulations.
2.Income...(more)
[Investment] Changes in Retirement Benefits
2009-11-23 14:08:43
Based on recent changes in retirement benefits, according to the law an employee upon retirement currently may receive benefits from up to three sources, depending on the employee’s retirement scheme selection.
If the employee has selected the re...(more)
[Investment] Employment Regulations for Foreign and Mainland-area Professionals
2009-11-20 16:10:24
For foreign professionals, prerequisites for a work permit depend on the education level and the working experience of the applicant. The duration of a work permit shall not exceed 3 years and applications for extension can be submitted based on busi...(more)
[Life] Taipei Hot Springs
2009-11-18 14:00:35
Taipei Hot Springs
Beitou Hot Spring
In recent years hotspring bathing has become an increasingly popular pastime in Taiwan. The hotsprings of Peitou in the north of Taipei City are especially popular with hotspring bathers as they offer the best...(more)
[Investment] Insurance Firm Investment in Real Estate Further Liberalized
2009-11-16 14:03:16
The Financial Supervisory Commission (FSC) recently relaxed restrictions on real estate transactions by insurance companies and non-interested parties. In the future, insurance firms will be able to choose either stockholders' equity or enterprise fu...(more)
[Investment] Import Tariffs on Commodities
2009-11-13 10:50:19
A draft partial revision of the Customs Import Tariff, approved recently by the Executive Yuan, will strengthen Taiwan's industrial competitiveness and bring the island's tariff schedule into line with international norms. The revision will lower tar...(more)
[Life] Night Markets in Taipei City
2009-11-11 14:28:55
Shilin Night Market
Specialties: oyster ometets, wrapped biscuits, stir-fired cuttlefish, shaved ice, fried chicken, stinky tofu, fried buns, spare ribs stewed in herbal soup
Location: In the neighborhood of Dadong Rd., Danan Rd., Wenin Rd., & ...(more)
[Taxation] ROC Tax Treaty Policy
2009-11-09 10:42:06
The ROC's general policy toward tax treaties is to avoid double taxation, prevent fiscal evasion and strengthen substantive relations. The tax treaties that the ROC has entered into follow the OECD model and take into consideration matters relating t...(more)
[Taxation] Cross-Strait Mutual Tax Exemption Agreement Is Expected to Be Signed End of the Year
2009-11-06 14:02:00
Mainland China and Taiwan have reached a consensus to sign a comprehensive agreement on mutual income tax exemption by the end of this year. Cooperation on power of taxation allocation and tax information exchange will start as early next year.
Howe...(more)
[Investment] Is there a limit on the maximum number of foreign nationals foreign companies can hire in Taiwan?
2009-11-04 11:36:34
The third item under the work qualifications and review standards section in Article 46, paragraph 1, items 1 to 6 of the Standards for Reviewing the Employment Qualifications for Foreigners stipulates : "In order to safeguard the work rights of ROC ...(more)