The National Taxation Bureau of Taipei, Ministry of Finance, on November 23 released guidance on the tax treatment of payments made by profit seeking . . .
Taiwan’s tax authority has announced that if a foreigner stays in Taiwan for more than 90 days during a taxable year, remuneration received outside Taiwan for services rendered within Taiwan is deemed . . .
Taiwan’s National Taxation Bureau of Central Area (NTBCA), in a Sept. 10 press release, said that it denied a company a deduction for a capital loss arising from the company’s ownership of a non-operating overseas holding company which held a lower tier investee company that had operating losses. . . .
China’s State Administration of Taxation on November 3 announced the August 25 signing of a tax arrangement between China and Taiwan . . .
Tax officials from 21 Asia Pacific countries and organizations attended an OECD regional network meeting on base erosion and profit shifting (BEPS) designed to give more nations a voice in the development of OECD/G20 base erosion profiting shifting (BEPS) plan output. The meeting, held February 12–13 in Seoul, also . . .
Taiwan’s Ministry of Finance, on January 30, advised that deductions or losses from a profit-seeking enterprises’ interest expenditures will be restricted to amounts that are reasonable and necessary, and that loans are not necessary if the company has . . .
The National Taxation Bureau of Taipei, Ministry of Finance, (NTBT) on November 7 provided an English-language description of NTBT regulations on the process foreign businesses should use to apply to exempt profits from taxation pursuant to a tax treaty. Taiwan release.
China’s State Administration of Taxation (SAT) on August 27 announced revisions to the VAT exemption for cross-border services writes to Dezan Shira & Associates in a Sept. 8 post to the firm’s website. Changes include
. . .
Taiwan’s tax authority, in an English-language release issued January 8, provided a brief description of transfer pricing disclosure and documentation requirements that must be met by profit-seeking enterprises when filing their annual income tax return. See, release.
Copyright © 2021. DISCLAIMER: The information provided herein is general and may not be applicable in all situations. It should not be acted upon without legal advice accounting for a particular situation.
