Categories

March 2019

Tax

Pursuant to an MOF directive, a consumers cooperative’s income incurred from sales to a non-member is subject to profit-seeking enterprise income tax (Taiwan)

March 2019

Tax

The MOF specific stipulates three types of overseas funds repatriated by individuals which are exempt from income taxes to increase the willingness to repatriate funds for investment purposes (Taiwan)

March 2019

Other Areas

The Guidelines for Handling Electronic Commerce by Insurance Companies were amended to enhance the convenience for obtaining insurance online by the consumers (Taiwan)

March 2019

PRC Investment and Legal Compliance

For a notarial certificate issued in mainland China and authenticated by a designated agency, the competent authority is still required to thoroughly examine the authenticity and legal appropriateness of its substantive contents by generally considering all facts and evidence (Taiwan)

March 2019

Infrastructure Projects / Construction Laws

Whether the scale of an expropriation plan prepared by an enterprise to be established is expanded to the extent of warranting the expropriation of other lands falls within the discretion of the competent government and is not a matter that the agency which approves the expropriation should consider when reviewing the expropriation plan (Taiwan)

March 2019

General Corporate Affairs

The use of a "voting agreement" to stipulate chairman, director and supervisor candidates should be invalid (Taiwan)