Taiwan's Ministry of Finance has issued a notice on the need for profit-seeking enterprises to submit supporting documents when declaring overseas investment losses. --- Profit-seeking Enterprises Declaring Overseas Investment Losses Shall Provide Supporting Documents National Taxation Bureau of the Southern Area, Ministry of Finance (hereinafter "the Bureau") indicates that profit-seeking enterprises should provide relevant supporting documents in conformity with regulations when they have a loss on investment due to capital reduction for covering losses, merger, bankruptcy, or liquidation of overseas invested enterprises, and only a realized loss could be declared on taxation. The Bureau explains that, in accordance with Article...