Taiwan's Ministry of Finance has issued a notice on the application deadline for the recognition of R&D activities for the R&D investment tax credit. --- Profit-seeking Enterprises Applying for Investment Tax Credit Should Pay Attention to Application Deadline for the Recognition of R&D Activities and Project Expenses to Competent Authorities. According to the National Taxation Bureau of Taipei, Ministry of Finance, companies or limited partnerships that invest in R&D expenses may, in accordance with Article 10 of the Statute for Industrial Innovation, choose to offset up to fifteen percent of the R&D expenses against the profit-seeking enterprise income tax payable...