2009-10-21 14:33:38

The Ministry of Finance (MOF) recently promulgated the “Principles for the Determination of Income Earned in the ROC as Provided in Article 8 of the Income Tax Act,” providing that remuneration earned by companies without bases or agents in Taiwa...(more)

2009-10-15 16:23:56

The Ministry of Economic Affairs recently revised the “Regulation Governing the Application of Business Registration” to accept a copy of the lease signed by the businessman in his or her own name and by the property owner as a substitute for the...(more)

2009-10-15 11:24:19

The National Immigration Agency has amended the Alien Entry Prohibition Operation Directions to extend the length of overstay resulting in a one-year entry ban from 30 days to 91 days. Under the original rules, foreigners who overstayed in Taiwan fo...(more)

2009-10-12 10:34:33

Ministry of Finance issued Principles in Determining the Income from Sources in the Republic of China (R.O.C) Used in Article 8 of Income Tax Act on Sept 3, 2009. The key points are as follows: I. The term “Remuneration for services rendered with...(more)

2009-10-07 10:48:25

The entity must declare the commission derived from acting as the broker for import/export transaction at tax filing. Any omission or under-declaring of such commission shall be subject to overdue tax payment and a penalty in accordance with tax law....(more)

2009-10-05 10:51:30

An explanation of Article 4 of the Estate and Gift Tax has been issued. The case where a donor has taken the following steps to transfer property that should have been subject to gift tax, such donor shall be taxed in accordance with paragraph 2, Art...(more)

2009-10-01 15:01:20

An explanation of Item 2, Paragraph 7, Article 24, of the Tax Collection Act has been issued. Taxpayers of such tax due and fines that are paid up but which do not include tax due and fines which are not yet reported in writing are restricted from ex...(more)

2009-09-25 15:10:02

Foreign investors include chairmen, directors and supervisors, its representatives or its juridical or non-juridical persons. If they have resided in Taiwan for more than six months, they may apply to an overseas mission for an Alien Resident Certifi...(more)

2009-09-23 10:34:18

To respond to the internationalization and liberalization of company operations, the government has eased restrictions on the nationality and place of residence for chairpersons of companies. On November 12, 2002, Article 208 of the Company Law, whic...(more)

2009-09-22 14:33:22

The ROC, in accordance with the Regulations Governing the Public Listing of Securities of the Taiwan Stock Exchange Corporation and Regulations Governing the Public Listing of Securities by ROC Over-the-Counter Securities Exchange (ROSE), has no spec...(more)