Taiwan's Ministry of Finance has issued a notice providing guidance on the treatment of accrued expenses exceeding the statute of limitations for claims that remain unpaid. --- Profit-seeking enterprises that have accrued expenses exceeding the statute of limitations for claims and remain unpaid shall reclassify these amounts as other income. The National Taxation Bureau of Taipei, Ministry of Finance, stated that in accordance with Paragraph 2 of Article 24 of the Income Tax Act and Article 108-2 of the Guidelines for Examination of Profit-Seeking Enterprise Income Tax, profit-seeking enterprises that have unpaid accounts payable, expenses, losses, or other types of...