2014-04-08 16:22:44

1. When filing cases related to Transfer Pricing, enterprises must remember to provide a Transfer Pricing report certified by a certified public accountant and related documentation to show whether the controlled transaction is at arm’s length. 2. According to Article 3 subparagraph 2 of Income Tax Act, in case of income tax that has been paid on the income derived outside of the territory of the Republic of China in accordance with the tax act of the source country of that income, evidence of tax payment issued by the tax office of said source country for “the same fiscal year” must be provided. If the tax paid is not from “the same fiscal year”, it shall not be used as tax credit for the fiscal year.