OrbitaxTaiwan Notice on Rules for Deemed Net Profit and Contribution Ratios for Calculating Income of Foreign Enterprises
|Approved Changes|Taiwan
Taiwan's Ministry of Finance has published a notice concerning the new rules allowing for advance assessment of the net profit ratio and the domestic profit contribution ratio for the calculation of income derived from Taiwan by foreign enterprises. The new rules were published on 26 September 2019 and are effective from that date ({News-2019-10-22/A/8-previous coverage}).
---
Foreign Profit…
Continue Reading
