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Taiwan Ministry of Finance Explains Recognition of Investment Losses Incurred by Enterprises from the Bankruptcies of Invested Businesses

01 April 2025

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Taiwan

Taiwan's Ministry of Finance has issued a notice explaining that investment losses incurred by profit-seeking enterprises from the bankruptcies of invested businesses should be recognized only after the court issues a ruling to terminate the bankruptcy procedures. --- Investment losses incurred by profit-seeking enterprises from the bankruptcies of invested businesses should be recognized at the appropriate time The National Taxation Bureau of Taipei, Ministry of Finance, stated that investment losses incurred by profit-seeking enterprises from the bankruptcies of invested businesses should be recognized on the date of the court's bankruptcy adjudication. The Bureau explained that, as prescribed in Subparagraphs 1,...