Law News

Law News
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September 2018

Tax

In case of application to reduce or refund commodity taxes on new vehicles after consolidation of companies, the period in which used vehicles were registered under the name of the dissolved company should be included for calculation (Taiwan)

September 2018

Tax

Taxes on assets of a public enterprise set up pursuant to the Company Law may be exempt if they are designated and registered as cultural heritage (Taiwan)

September 2018

Tax

A mobile device start-up using a home address for business taxation registration may be taxed based on the tax rate for residences or for self-use residential lands (Taiwan)

September 2018

PRC Investment and Legal Compliance

Spouses from Hong Kong or Macao who have obtained a Taiwan Resident Certificate pursuant to Article 16, Paragraph 1, Subparagraph 1 of the Rules for Approving the Entry of Citizens of Hong Kong and Macao to Taiwan and their Residency or Permanent Residency or a Taiwan Area Permanent Resident Certificate with Multiple Reentry Permit may apply to participate in skill tests pursuant to Articles 6 through 9 of the Rules for Technician Skills Certification and Issuance of Certificates. (Taiwan)

September 2018

PRC Investment and Legal Compliance

Amendments to the Regulations Governing the Trial Operation of Transportation Links Between Kinmen/Matsu/Penghu and the Mainland China Area (Taiwan)

September 2018

Capital Market / Securities

Circumstances in which transactions other than lending between insurance enterprises and interested parties may be exempt from restrictions under relevant rules (Taiwan)

September 2018

Capital Market / Securities

To accommodate the amendments to the Securities Investment Trust and Consulting Law, the Regulations Governing the Discretionary Investment Business Conducted by Securities Investment Trust Enterprises and Securities Investment Consulting Enterprises are amended to expand the size of domestic assets under management by attracting offshore professional investment institutions to retain discretionary services provided by domestic enterprises. (Taiwan)

September 2018

Other Areas

The Regulations for Vessel Equipment were amended to require vessels to install automatic identification systems (Taiwan)

September 2018

Infrastructure Projects / Construction Laws

Amendments to the Rules for Evaluating the Structural Safety Performance of Dangerous and Old Buildings in Cities (Taiwan)

September 2018

General Corporate Affairs

Whether serving as an independent director and a member of the audit committee translates into a fulfillment of professionalism is an issue concerning whether there is any violation or negligence in handling mandated affairs and has no bearing on qualifications and the existence of a relationship of mandate with the company (Taiwan)
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