Taiwan has proposed amendments to the nation’s transfer pricing guidelines to bring them in line with the international transfer pricing standard.
Taiwan has issued new rules concerning how non-residents without a permanent establishment are taxed on income derived from Taiwanese sources.
Taiwan has made significant changes to its corporate income tax structure.
The Amendment of Transfer Pricing Audit Rules was published on November 13, 2017, by the Taiwan Ministry of Finance.
Under existing tax rules, foreign subsidiaries of Taiwan companies may retain their overseas profits outside of Taiwan by not repatriating the profits back to Taiwan.
The Taiwan National Tax Bureau recently began tax audit activities of representative offices in Taiwan.
On April 20, 2017, Taiwan proposed a set of measures to attract foreign professionals to Taiwan.
Tax authorities around the world continue to change VAT rules to capture revenues from the e-commerce sector. The new rules are designed to level the playing field between international and domestic operators while (authorities hope) unlocking a gold mine of tax revenue.
Effective May 1, 2017, foreign e-commerce operators that do not have a fixed place of business in Taiwan
An amendment bill has been announced by the Executive Yuan that interest imposed on penalties for late tax payments will be abolished.
Effective January 1, 2017, there are many changes being introduced to the Taiwan Labor Standards Act that will impact employers.
As a result of a recent amendment to the Employment Services Act, foreign workers will no longer have to leave Taiwan after three years and apply for new work permits.