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July 2018
Since agreed-upon mutual transfer of property rights other than money is different from an intent to seek profits, the approach of mutual transfer of inventory followed by subsequent return of an equal quantity of narcotics cannot be found to have an intent to seek profits simply because of any likelihood to generate profits (Taiwan)
July 2018
If a business operator sells bonded goods to overseas customers and obtain foreign exchange income during their storage in a bonded warehouse, a zero tax rate may apply to the business taxes (Taiwan)
July 2018
The membership shares of a credit cooperative do not meet the criteria for free circulation because they cannot be transferred freely; since this is not compatible with the nature of securities transactions, the Securities and Exchange Law and the Statute for Securities Transaction Taxes certainly do not apply (Taiwan)
July 2018
The Statute for Industrial Innovation was amended so that employee stock remuneration can be taxed at a lower rate (Taiwan)
July 2018
Regarding the circumstances where a foreign national who is employed has been absent from work and out of contact for three consecutive days, a circular was issued to interpret the handling principle that the employer shall notify the local competent authority, entry/exit authority, police authority and the Ministry of Labor in writing within three days (Taiwan)
July 2018
A divorce decision rendered by a court in mainland China but not recognized by a Taiwan court cannot become effective in Taiwan, and the marital relationship should lapse based on a final judgment rendered by a district court in Taiwan (Taiwan)
July 2018
Although an actor has been found guilty in a final court order due to illegal operation of futures consulting and management business, it still cannot be concluded directly that the investors' rights are undermined (Taiwan)
July 2018
Amendments to the Regulations Governing Implementation of the Internal Control and Auditing Systems of Insurance Enterprises (Taiwan)
July 2018
If a venture capital subsidiary or venture capital management consulting subsidiary of a securities investment trust enterprise intends to serve as a general partner of a private equity fund or venture capital enterprise, an approval shall be obtained from the Financial Supervisory Commission in advance (Taiwan)
July 2018
A concerted action should be preconditioned by its ability to affect market functions with respect to production, trade in goods or service provision; and whether it has reached the extent of affecting market functions should be generally determined by the criteria of quality and quantity (Taiwan)
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