Taiwan's Ministry of Finance is reportedly planning to subject payments for digital services to corporate tax withholding when made to foreign companies without a fixed place of business within the territory of Taiwan. Affected payments would include those for streaming content, games, online advertisements, and other digital services, while payments for foreign-produced products or downloads would not be subject to tax. The withholding would be based on a presumed profit margin of 30%, which may be increased if it is determined that the actual profit is higher. However, an application could be made with the National Taxation Bureau for the...