Taiwan's Ministry of Finance has issued a release providing guidance on the calculation of taxable income based on the applicable net profit ratio and domestic profit contribution ratio for withholding tax purposes in cases where a withholding agent (a Taiwan enterprise) bears the withholding tax on Taiwan-source income when paying compensation to a foreign enterprise for a cross-border sale of electronic services. When calculating taxable income based on the applicable net profit ratio and domestic profit contribution ratio, the amount of withholding tax due is reduced. --- A Tax Withholder Paying Compensation to Foreign Profit-Seeking Enterprises for Cross-Border Sales of...