Ministry of Finance releases triangular merger regulations
The Ministry of Finance has issued a Ministerial Ordinance on 13 April 2007 with regard to the tax treatments of triangular mergers, which will apply as of 1 May 2007.
Triangular mergers are presumed to occur when a domestic company owned by a foreign parent company merges with a "target" domestic company by giving shareholders of the target company shares in the f…
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