2009-03-02 15:39:19

Explanatory Decree No. 09404527550 by the MOF on 17 May 2005: Regulations governing taxation of income derived from exercise of employee stock options granted by a foreign associated enterprise to the employees of a Taiwan subsidiary, branch or liais...(more)

2009-02-24 17:17:32

According to Article 44 and 46, inventories of merchandise, raw materials, supplies, goods-in-process, finished goods and by-products shall be evaluated on the basis of cost. Where the cost is higher than the market value, the taxpayer may take the m...(more)

2009-02-19 15:30:27

In order to simplify business registration process, Ministry of Economic Affairs will adopt the new procedure in which registration and management will be handled separately from April 13, 2009. When the Commerce Department completes the registration...(more)

2009-02-09 16:33:00

According to Explanatory Decree No. 09704542390 by the MOF issued on Aug. 13, 2008, the alien stays in Taiwan (R.O.C.) less than 183 days must be considered as an “individual not residing in the Republic of China” and the individual income tax mu...(more)

2009-02-05 15:54:10

In keeping with the international trend of reducing minimum capital requirements for the establishment of new companies, the Ministry of Economic Affairs (MOEA) is planning to scrap the minimum capital requirements for new company registration, to pr...(more)

2009-01-22 15:30:02

In order to promote the normalization of cross-strait economic and trade activities, the Investment Commission of the MOEA has eased restrictions on persons from the mainland China area coming to Taiwan to engage in business or economic and trade rel...(more)

2009-01-16 15:24:25

Explanatory Decree No. 09704555160 was issued by the MOF on 6 November 2008. In accordance with Article 43-1 of the Income Tax Act, the standards of the controlled transaction amounts that the transfer pricing reports may be replaced with other pr...(more)

2009-01-14 15:18:34

In order to improve the quality of Taiwan’s engineering profession and promote the internationalization of Taiwan’s engineering qualifications, the Executive Yuan has recently approved a draft revision of the Professional Engineers Act, making pr...(more)

2009-01-08 10:25:05

In case an entity and its subsidiary are located at the same office and share all the expenses, the entity which holds the related invoices/receipts shall provide detailed shared expenses report including related party, description and base of sharin...(more)

2009-01-05 16:52:41

According to Standards of Withholding Rates for Various Incomes, whether withheld in accordance with rate table or directly at a rate of 6%, tax withholding shall be calculated based on total payment of each month. According to Explanatory Decree No...(more)