[Finance] Companies Using Calendar Year Will Benefit from Tax Rate Fall First
2009-07-30 15:26:49
Promoting in Industry Upgrade Act will be abolished by the end of this year and corporate tax rate will fall to 20%. Companies using calendar year (CY) can benefit from new tax rate from beginning of January in 2010. While the companies using fiscal ...(more)
[Investment] Loosened Restrictions Concerning Taiwan Visit by Chinese Businessmen and Professionals
2009-07-23 13:56:17
The Ministry of the Interior plans to make it easier for Mainland Chinese business people and professionals to visit Taiwan.
In the past, people from Mainland China visiting Taiwan for business, observation, conference, presentation, and trade-fair ...(more)
[Investment] For Tax Benefit, Branch Company Is be Better Than Subsidiary for China Investment in Taiwan
2009-07-21 11:47:51
If China entity sets up a branch company in Taiwan, all income shall be recognized as revenue of headquarter in China for business income tax filing. Withholding tax will not be deducted from the remittance of surplus to headquarter from Taiwan branc...(more)
[Investment] Promoting in Industry Upgrade Act Will be Abolished
2009-07-16 14:17:39
After practice of 19 years, Promoting in Industry Upgrade Act is expected to be abolished by the end of this year. In future, tax preference for the industries will be practiced as in Industry Innovation Act which will be of less tax preference than ...(more)
[Life] Hotel Royal Chiao Hsi
2009-07-08 17:37:46
Hotel Royal Chiao His, famous for Japanese styling and hot spring, is located in the northeastern village of Yilan. With outdoor and indoor hot springs spa, attractive natural scenery far away from busy city and delicate food, you can enjoy the mos...(more)
[Investment] In Case of Tax Arrears of Branch Company, Departure Prohibition Must be Executed on Representative of Headquarter
2009-07-02 17:08:12
According to Explanatory Decree No. 16265 issued by MOF, branch company is subject to headquarter and shall not be regarded as rights and interests subject. Therefore, in case of tax arrears of branch company, departure prohibition must be executed o...(more)
[Life] Local Cuisine: Tainan Slack Season TanTsai Noodles (Taipei Branch)
2009-06-28 15:18:23
The famous Tainan local cuisine Slack Season TanTsai Noodles was established in 1895. Almost 10 years ago, first branch of Slack Season TanTsai Noodles opened at eastern district of Taipei.
The restaurant with traditional Chinese style is decor...(more)
[Investment] Five-Year Tax Exemption Incentive for New Manufacturing Investment
2009-06-25 14:07:09
Legislative Yuan passed a revision of Article 9-2 of the Statute for Upgrading Industries, providing a five-year tax exemption Incentive for investment in the establishment or expansion of manufacturing enterprises or related technical services. Inve...(more)
[Taxation] Declaration of Sales Returns and Sales Allowances
2009-06-22 11:48:47
Value Added Tax (VAT) returned by an entity to a purchaser due to sales return or sales allowance shall be deducted from output tax of the period during which sales returns or allowance incurred, otherwise the VAT could be deducted at the next period...(more)
[Investment] Cash on Stock Price Returned to Shareholders at Capital Deduction of a Investee Company Shall not be Recognized as Investment Loss if the Cash Is not Used for Loss Carry Forward
2009-06-18 15:49:16
To expand business and promote operating performance, it is popular for an entity to invest in other industries. While a investee company is applying for capital deduction, loss of the company must be verified to be used for loss carry forward before...(more)