Taiwan's Ministry of Finance issued a notice on 3 August 2022 that provides guidance on limits for claiming foreign tax credits. --- The Amount of Foreign Tax Credit Shall Not Exceed the Limitation The National Taxation Bureau of the Southern Area, Ministry of Finance expressed that the profit-seeking enterprise with its head office in the territory of the Republic of China (R.O.C.) shall file the profit-seeking enterprise income tax return for all its income derived within or without the territory of the R.O.C. If the income tax has been levied on the foreign source income by the source country of...