Taiwan's Ministry of Finance has issued a notice on the deduction of exempt dividends and earnings against losses carried forward. Under Article 42 of the Income Tax Act, dividends or earnings received by a profit-seeking enterprise from its investment in another domestic profit-seeking enterprise shall not be included in its taxable income (i.e., exempted). --- The Tax Free Dividends or Earnings, Exempted in Article 42 of Income Tax Act in the Loss Occurred Year Should Be Deducted to Get the Tax Loss Carry Forward to Offset the Taxable Income within the Future 10 Years. The National Taxation Bureau of the...