Taiwan's Ministry of Finance has issued a notice on required proof when declaring losses for the disposal of goods that have expired, deteriorated, been damaged, etc. --- Profit-seeking enterprises should provide proof documents when declaring losses of disposal from the goods, raw materials, materials, or work-in-progress. The National Taxation Bureau of the Northern Area (NTBNA), M.O.F., stated that pursuant to Article 101-1 of the Regulations Governing Assessment of Profit-Seeking Enterprise Income Tax, if goods, raw materials, materials, or work-in-progress become expired, deteriorate, or are damaged, or if they cannot be sold due to stagnation or other factors, profit-seeking enterprises can...