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Taiwan Publishes Notice on Tax Incentives for Investment of Earnings

15 November 2021

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Approved Changes

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Taiwan

Taiwan's Ministry of Finance has published a notice on tax incentives for the use of earnings to make substantial domestic investments to upgrade production technology or the quality of products or services. --- A Company or Limited Partnership Using a Certain Amount of Its Undistributed Earnings to Make Substantial Investment Can Benefit from Tax Incentives. The National Taxation Bureau of the Southern Area, Ministry of Finance expresses that, to encourage profit-seeking enterprises to use their earnings to make substantial domestic investment to upgrade production technology or the quality of products or services, if a company or limited partnership actually spent...