Taiwan's Taxation Administration has published an updated list of low-tax jurisdictions from the Ministry of Finance. The list is important in relation to Taiwan's controlled foreign company (CFC) rules. In general, a foreign company located in a low-tax jurisdiction is considered a CFC of a Taiwan company if the Taiwan company, together with related parties, directly or indirectly holds more than 50% of the foreign company's shares/capital or otherwise has significant influence (substantial management, control) of the foreign company. For this purpose, low-tax jurisdictions include jurisdictions where: The corporate or similar tax rate does not exceed 70% of the Taiwan...