Taiwan's Ministry of Finance has issued a notice that clarifies the timing of house and land transactions for tax purposes. This is important in determining whether a transaction falls within the taxable scope of the House and Land Transactions Income Tax. In general, income derived from transactions of house and land acquired on or after 1 January 2016 is taxable. In most cases, the ownership transfer registration date is considered the acquisition date. --- The Transaction and Acquisition Dates for the House and Land Transactions Income Tax Based on the Transfer Registration Dates According to the House and Land Transactions...