2018.10.31 Tiffany Hsiao The Ministry of Finance issued the Tai-Cai-Shui-10704604570 Circular of October 31, 2018 (hereinafter, the “Circular”) to interpret relevant requirements for income taxes on the trading of houses and lands by individuals to whom such houses and lands […]
2018.11.20 Yi-Shan Cheng The Legislative Yuan adopted the amendments to the Tax Collection Law (hereinafter, the “Law”) during the 9th Meeting of the 6th Session of the 9th Term on November 20, 2018. The Amendments are highlighted below: First, the […]
2018.9.21 Yi-Shan Cheng For an academic or research institution which assigns or licenses its intellectual property rights developed on its own and owned by it pursuant to Article 6, Paragraph 1 of the Fundamental Science and Technology Law to a […]
2018.10.3 Tiffany Hsiao The Ministry of Finance issued the Tai-Cai-Shui-10704603930 Circular of October 3, 2018 (hereinafter, the “Circular”) to interpret relevant requirements for filing and paying business taxes on the exchange commissions received from overseas merchants and forwarded by an […]
2018.7.23 Yi-Shan Cheng The Ministry of Finance issued the Tai-Cai-Shui-10704004880 Circular of July 23, 2018 (hereinafter, the “Circular”), holding that if a profit-seeking enterprise uses the property owned by its representative or the spouse or any direct relative of the […]
2018.7.25 Tiffany Hsiao The Ministry of Culture issued the Wen-Shou-Zi-Ju-Zong-10730081351 Circular of July 25, 2018 (hereinafter, the “Circular”) to communicate that if a public enterprise is set up pursuant to the Company Law, Article 99 of the Cultural Heritage Preservation […]
2018.7.17 Fang-Wei Lin The Ministry of Finance issued the Tai-Cai-Shui-10700548670 Circular of July 17, 2018 to communicate that in case of consolidation of companies pursuant to Business Mergers and Acquisitions Act, the surviving or newly established company, purchasing new small […]
2018.6.21 Tiffany Hsiao The Ministry of Finance issued the Tai-Cai-Shui-10700554630 Circular of June 21, 2018 (hereinafter, the “Circular”) to point out that if an enclosed building which is newly constructed pursuant to applicable requirements is regarded as an air pollution […]
2018.6.20 Ariel Lin The Ministry of Finance issued the Tai-Cai-Shui-10700556910 Circular of June 20, 2018 (hereinafter, the “Circular”), pointing out that donations of individuals or profit-seeking individuals to central or local administrative institutions set up pursuant to the Administrative Institution […]
2018.5.23 Fang-Wei Lin The Ministry of Finance rendered the Tai-Cai-Shui-10704514390 Circular of May 23, 2018 (hereinafter, the “Circular”) to communicate that under Article 7 of the Value-added and Non-value-added Business Tax Law, if a business operator (including operators in taxed […]
2018.5.29 Tiffany Hsiao The Legislative Yuan adopted the amendments to Article 19-1 and Article 72 of the Statute for Industrial Innovation (hereinafter, the “Statute”) during the 14th Meeting of the 5th Session of the 9th Term on May 29, 2018. […]
2018.3.29 Yi-Shan Cheng The Supreme Administrative Court rendered the 107-Pan-170 Decision of March 29, 2018 (hereinafter, the “Decision”), holding that the membership shares of a credit cooperative do not meet the criteria for free circulation because they cannot be transferred […]
2018.4.27 Tiffany Hsiao The President promulgated Article 2-2 of the Statute for Securities Transaction Taxes (hereinafter, the “Statute”) as amended via the President-Hua-Zhong-One-Yi-10700047611 Directive of April 27, 2018 to extend the tax reduction measures to the end of 2021. Pursuant […]
2018.3.28 Tiffany Hsiao The Ministry of Finance issued the Tai-Cai-Shui-10604687570 Directive of March 28, 2018 (hereinafter, the “Directive”) to interpret the requirement for calculating the amount of supplemental tax and the penal basis for excessive distribution of the tax deductible […]
2017.12.21 Yi-Shan Cheng The Supreme Administrative Court rendered the 106-Pan-725 Decision of December 21, 2017 (hereinafter, the “Decision”), holding that for those who continuously and independently engage in specific economic activities for profit-seeking purposes, consolidated income taxes shall still be […]
2018.1.25 Yi-Shan Cheng The Supreme Administrative Court rendered the 107-Pan-59 Decision of January 25, 2018 (hereinafter, the “Decision”), holding that if a profit-seekingenterprise sells or falsely issues invoices to others as proof of purchase and fails to present a documentary […]
2018.02.12 Joyce Wen To unify and standardize the implementation of agreements on avoidance of double taxation (the “Tax Treaties”) entered into by the Chinese government, the State Administration of Taxation (the “SAT”) recently issued an announcement to further clarify matters […]
2018.1.18 Yi-Shan Cheng The Legislative Yuan adopted the amendments to the Income Tax Law (hereinafter, the “Law”) during the 2nd Meeting of the 1st Extraordinary Session of the 4th Session of the 9th Term Legislative Yuan on January 18, 2018. […]
2017.11.14 Yi-Shan Cheng Articles 5, 7, 9, 11 and 38 of the Vehicle License Tax Law (hereinafter, the “Law”) were adopted during the 8th Meeting of the 4th Session of the 9th Term Legislative Yuan on November 14, 2017. These […]
2017.9.12 Yi-Shan Cheng A resolution was adopted on September 12, 2017 during the First Joint Session of Presiding Judges of the Supreme Administrative Court for September 2017 (hereinafter, the “Resolution”) to stipulate that the period for the filing of inheritance […]
2017.9.14 Yi-Shan Cheng The Supreme Administrative Court rendered the 106-Pan-492 Decision of September 14, 2017 (hereinafter, the “Decision”), holding that in case a taxpayer has supplemented the filing of a tax return along with the payment of the supplemental tax […]
2017.7.28 Yi-Shan Cheng The Ministry of Finance rendered the Tai-Tsai-Shui-10600029170 Directive of July 28, 2017 (hereinafter, the “Directive”) to communicate relevant requirements concerning the application of tax incentives under Article 39, Paragraph 1 of the Enterprise Mergers and Acquisitions Law […]
2017.7.26 Yi-Shan Cheng The Ministry of Finance issued the Tai-Cai-Shui-10600596370 Circular of July 26, 2017 (hereinafter, the “Circular”), which will go into effect on January 1, 2018, to abolish relevant interpretation circulars concerning the exemption of business taxes on cram […]
2017.5.4 Jenny Chen The Supreme Court rendered the 106-Pan-234 Decision of May 4, 2017 (hereinafter, the “Decision “), holding that if reduction of tax obligations through collusive and fraudulent legal forms is involved, this is not tax avoidance and should […]
2017.4.26 Yi-Shan Cheng The securities transaction tax for intraday trading is reduced to 0.15% under Article 2-2, which is newly added to the Statute for Securities Transaction Taxes (hereinafter, the “Statute”) and promulgated via the Hua-Zhong-One-Yi-10600050391 Presidential Decree of April […]