According to a recent release from Taiwan's Ministry of Finance, the Ministry is currently studying how to help multinational companies adapt to the Pillar 2 Global Minimum Tax (GMT). The release notes that although Taiwan is not a member of the BEPS Inclusive Framework, the Ministry is considering the implementation of the GMT in Taiwan, including a qualified domestic minimum top-up tax (QDMTT), otherwise it would just end up handing over taxing rights to other countries. The release also notes that the Ministry is considering an increase in the income basic tax (alternative minimum tax) rate for enterprises from 12%...