2009-12-04 17:48:53

In the World Bank’s Doing Business 2010 report, Taiwan’s ranking in the “Ease of Doing Business” index soared 15 places to the 46th among the 183 countries covered. In degree of improvement, this ranked Taiwan the 5th in the world. The Worl...(more)

2009-12-02 10:51:18

The Presidential Office Building -> Chiang Kai-shek Memorial Hall -> National Museum of History -> Longshan Temple -> Huaxi Street Night Market  The NMH's collection included the bronzes unearthed in Xinzheng, Hui and Anyang (in Henan P...(more)

2009-11-30 14:38:51

According to tax treaty which is to avoid double taxation, three methods for foreign tax credit can be applied: 1. Direct Foreign Tax Credit: Withholding tax imposed on dividends in foreign countries can be used in parent country for corporate tax ...(more)

2009-11-27 11:04:38

The types of GUI and their usage are as follows: GUI in triplicate A VAT-system business entity sells goods or services to another business entity (usually business-to-business) GUI in duplicate A VAT-system business entity sells goods or ser...(more)

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)

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)

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)

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)

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)

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)