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Taiwan Summarizes Enforcement of CFC Rules for Enterprises and Individuals from 2023

|Approved Changes|Taiwan
Taiwan

Taiwan's Ministry of Finance recently issued two notices summarizing the enforcement of the controlled foreign company (CFC) rules for enterprises and individuals from 2023.

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Summary of the CFC Rules Enforced from the Taxable Year 2023 for Enterprises

The National Taxation Bureau of the Southern Area, Ministry of Finance (hereinafter "the Bureau"), indicated that to prevent any multina…

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