We use cookies to provide you with the best possible experience. By using Orbitax's services, you agree that we may store cookies on your device. Cookie Policy.
The AI assistant for tax questions
Track worldwide tax law changes daily
Cross-border tax analysis and data
Unify and empower your entity management
Provides compliance steps, forms & rates
Visualize and manage your entity data
Comprehensive compliance management
Audit and global tax controversy tracking
Manage reportable cross-border arrangements
Country-by-country reporting & compliance
Pillar 2 planning, reporting and compliance
Calculate US tax impact of foreign operations
Automated workflows for recurring tax tasks
Secure API connections to 3rd-party systems
Secure storage for your tax documentation
Automated tax workflows with secure APIs.
Collaborate securely on your tax data
Share This Article
|
|
Taiwan's Ministry of Finance has issued a release providing guidance on personal income tax deductions. --- For personal income tax return filing, could the choice of claiming standard deductions be changed to claiming itemized deductions? The National Taxation Bureau of Taipei, Ministry of Finance said that, in accordance with Paragraph 2, Article 25 of the Enforcement Rules of the Income Tax Act, if a taxpayer has chosen to claim the standard deduction when filing the individual income tax return, or has not indicated in the tax return filing whether the deduction is an itemized deduction or a standard deduction, it...