Taiwan's Ministry of Finance has announced the issuance of final regulations on 8 January 2020 for the introduction of an incentive to promote business investment. The incentive provides a reduction of the 5% retained earnings tax, and possible refund, through the deduction of qualifying investments made from the retained earnings tax base. The incentive applies for after-tax earnings generated in 2018 and future years that are invested in qualifying assets within three years after the respective year of earnings (e.g. by the end of 2021 for earnings generated in 2018). The minimum investment amount in a year is TWD 1...