Taiwan's Ministry of Finance has published a notice on the VAT (business tax) refund requirements for foreign business entities that purchase goods or services for exhibitions or temporary business activities in Taiwan. The notice explains that, subject to reciprocity, foreign enterprises, institutions, organizations, or associations (foreign business entities) that goods or services for the purpose of engaging in exhibitions or temporary business activities may claim a VAT refund in accordance with established regulations. The key points of this preferential measure are explained as follows: 1. Eligible Applicants: The foreign business entity has no fixed place of business within the territory...