Withholding Tax Shall be Deducted from Indemnification

2009-03-06 11:42:42

According to Ministry of Finance, indemnification due to tort of patent or trademark right owned by foreign entity shall be recognized as income of that foreign entity within territory of Taiwan in accordance with Paragraph 11 of Article 8 of Income Tax Act. Withholding tax must be deducted when the indemnification is paid to that foreign entity.

 

 

 


« NEXT
PREVIOUS »

Newsletter | Useful Links | Taiwan CPA & Legal Services | Auditing | Corporate Tax Services | Internal Audit Services | China Accounting Practice | Tax Blog
Tel: 886 2 2325 3256 | Fax: 886 2 2325 2065 | Taipei Address: 10F, No 38, Section 2, Dunhua South Road, Taipei 106, Taiwan
© Copyright 2025 Good Earth CPA - Taiwan Chartered Accountant - All rights reserved.