OrbitaxTaiwan Clarifies Overpaid Foreign Taxes May Not be Credited if Taxpayer Fails to Apply for Treaty Benefits with Source Country
|Approved Changes|Taiwan
Taiwan's Ministry of Finance has issued a notice clarifying that profit-seeking enterprises cannot claim a foreign tax credit for overpaid foreign taxes in treaty countries if they fail to apply for tax treaty benefits in the source country.
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Profit-seeking Enterprises Cannot Claim Credit for Overpaid Foreign Taxes on Offshore Income from Tax Agreement Countries Due to Failure to Apply f…
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