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Taiwan Clarifies Eligibility for R&D Expenditure Investment Tax Credits

|Approved Changes|Taiwan
Taiwan

Taiwan's Ministry of Finance has issued a notice on eligibility for research and development (R&D) expenditure investment tax credits. The notice clarifies that companies and limited partnerships must demonstrate independent R&D capabilities to qualify for the tax credits. While the incentive aims to encourage innovation and self-driven R&D, expenditure for certain outsourced activ…

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