Taiwan's Ministry of Finance has issued a notice on the taxation of income derived from house and land transactions within Taiwan. --- A Reminder for Enterprises with the Head Office outside the Territory of the R.O.C. on the Income Derived from House and Land Transactions within the Territory of the R.O.C. The National Taxation Bureau of the Southern Area, Ministry of Finance indicated that, in order to construct a fair and sound real estate tax system, pursuant to Article 24-5 of the Income Tax Act (hereinafter referred to as "the Act"), from January 1st, 2016, profit-seeking enterprises who have any...