Taiwan's Ministry of Finance has issued a notice clarifying that enterprises filing a declaration on provisional payment for the 2023 income tax are not affected by the new CFC system implemented in 2023.
---
Profit-seeking enterprises' application for the provisional payment of the 2022 profit-seeking enterprise income tax shall not be affected by the implementation of the CFC system.
The National Taxation Bureau of Taipei, Ministry of Finance stated that, although the profit-seeking en…