Taiwan's Ministry of Finance has issued a notice on applications by foreign enterprises for the adoption of the net profit ratio and onshore profit contribution ratio for the calculation of taxable income.
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Foreign Profit-seeking Enterprises May Apply for Assessment Permission of Applicable Net Profit Ratio and Onshore Profit Contribution Ratio in Advance for Calculation of R.O.C.-Sourced Income
The National Taxation Bureau of the Southern Area, Ministry of Finance indicated that a for…