[Taxation] Mistake in Business Income Tax Filing Could be Corrected before the End of June
2009-06-15 11:45:46
Deadline for filing 2008 Business Income Tax Return has passed. In case of any filing mistake or expenses which must be adjusted, application for correction could be submitted.
The entity that adopted electronic filing could apply for correction by ...(more)
[Investment] Better Tax Breaks for Free Trade Zones
2009-06-10 13:46:13
The Executive Yuan moved to accommodate to global trends in logistics development as well as to take advantage of direct cross-straits flights and Taiwan’s geographic advantage by approving, on April 9, a revision of the Act for the Establishment a...(more)
[Finance] Conditions Relaxed for Taiwan Listing by Foreign Technology Enterprises
2009-06-03 13:47:57
The Financial Supervisory Commission has lowered the threshold for first listing on Taiwan’s stock and over-the-counter markets by foreign technology enterprises, effective January 17, 2009, as a means of attracting more overseas high-tech enterpri...(more)
[Finance] Threshold Lowered for Foreign Insurance Firm Branches
2009-05-21 09:52:21
To attract more insurance companies from overseas, the Financial Supervisory Commission (FSC) recently revised the Regulations for Establishment and Administration of Foreign Insurance Enterprises to make it easier for foreign insurers to set up bran...(more)
[Investment] How to Process Business Registration after Abolishment of original Business Certificate Issuance System for Entities
2009-05-14 09:57:03
After original business certificate issuance system for entities was abolished from 13 April 2009, the entities shall apply for business registration with registered company information provided by revenue service agency or business registration auth...(more)
[Taxation] On Jointly Filing for Individual Income Tax Return
2009-05-06 10:05:41
According to Article 15 of Income Tax Act, income of an alien's spouse shall be filed jointly with that of the alien. However, the tax due on the spouse's salary may be chosen to be calculated separately. Such tax due should be filed jointly with the...(more)
[Taxation] Income Tax Filing Season Begins
2009-05-01 11:29:44
Taiwan income tax filing season has begun. Before June 1, residents in Taiwan shall file 2008 Individual Income Tax Return. Considering financial downturn from last year, the government has decided to reduce people’s tax burden.
Taxpayers shall no...(more)
Rules Eased for Stock Procurement by Foreign Employees of Overseas Branches
2009-04-21 14:41:34
Following its granting of permission for the issuance of stock warrants to foreign employees of overseas subsidiaries, the Financial Supervisory Commission (FSC) recently announced a further relaxation that provides the same for overseas branches. Th...(more)
Shareholding Limits Relaxed for Directors and Supervisors
2009-04-18 14:40:15
The Financial Supervisory Commission (FSC) has moved to encourage companies to establish auditing committees and appoint independent directors by promulgating a revision of Article 2 of the Rules and Review Procedures for Director and Supervisor Shar...(more)
International Logistics Operators Get Five-Year Tax Holiday
2009-04-14 15:38:52
A revision of the Incentive Regulations for International Logistics Enterprises in Newly Emerging, Important and Strategic Industries, promulgated by the Executive Yuan on Nov. 30, is designed to encourage the development of Taiwan’s international ...(more)