2017-09-12 15:51:48

United Daily News Sept. 12, 2017 Dr. Hsu, Jen-Hui/ Professor of Dept. of Public Policy and Management, Shih Hsin University, former Deputy Minister of Finance Former Premier Lin Chuan’s tax reform proposal prior to his resignation has brought i...(more)

2017-04-30 17:21:56

19. Company selling investment products should be aware that if an investment product is not the security as stated under the provision of Securities Transaction Tax Act, the income tax that ceased to be imposed as stated in Article 4-1 of the Income...(more)

2017-04-29 13:26:48

16. The earnings of a dissolved company in the year prior to acquisition should be declared separately by the surviving company on behalf of the dissolved company rather than combined and declared with that of the surviving company. 17. In an acqu...(more)

2017-03-25 13:02:04

6. Even though the scrapped products of a Profit-seeking enterprise due to deterioration has been certified by a CPA to adhere to Article 101-1 of Regulations Governing Assessment of Profit-seeking Enterprise Income Tax, it is not enough to have the...(more)

2017-03-14 20:38:37

If the date that a company turns in all the documents for “Custom Clearance” and the date of completion of custom clearance process fall into two different calendar years, regardless of whatever the trade term is, such as CIF, FOB, etc., the date...(more)

2017-02-23 17:20:23

1. Fixed assets which have not reached their service years but have been scrapped and derecognized are mistakenly recognized as “temporary differences” and are deferred to be depreciated in a later year and when they reach their service years, th...(more)

2016-06-24 12:28:05

If the compensations or damages received are related to selling of goods or services by a business owner, then GUI should be issued and included in business income tax. However, if the compensation received by a buyer from a seller is not the sales i...(more)

2016-04-15 18:24:53

In 2015, Taiwan MOEA amended the Article 235 Company Act and add a new Article 235-1, which provides that a company should share with its employee at least some certain amount or % of its net profit. Debating on how to calculate the employee bon...(more)

2016-03-18 16:20:36

The 2016 VAT audit is starting soon. Businesses should check for any mistakes to avoid any tax penalties. The National Taxation Bureau of Taipei has been using computer system to analyze any usual information to see if there are any tax evasions. ...(more)

2016-02-17 16:55:24

According to the amendment of the Act for Development of Small and Medium Enterprises in February 2015, the salary expense from additional staff employed by small and medium enterprises can be used to calculate an additional 30% of amount deductible....(more)