Taiwan's Ministry of Finance has issued a notice on the recognition of interest expenses related to the purchase and construction of fixed assets by profit-seeking enterprises --- Regulations on the Recognition of Interest Expenses Related to the Purchase and Construction of Fixed Assets by Profit-seeking Enterprises The National Taxation Bureau of the Central Area, Ministry of Finance expressed that referring to International Accounting Standard No. 23 "Borrowing Costs" and Enterprise Accounting Standard No. 11 "Borrowing Costs," Article 97 of the Regulations Governing Assessment of Profit-seeking Enterprise Income Tax has been revised regarding the regulations on the recognition of interest expenses...