The Czech Republic and Taiwan have reportedly exchanged notifications on the ratification of the 2017 tax treaty between the two jurisdictions to bring the treaty into force. The treaty, signed 12 December 2017, is the first of its kind between the two jurisdictions. Taxes Covered The treaty covers Czech personal income tax and corporation tax and covers Taiwan profit-seeking enterprise income tax, individual consolidated income tax, and income basic tax. Residence The treaty includes the provision that if a company is considered resident in both Contracting Parties, the competent authorities will determine the company's residence for the purpose of the...