Taiwan's Ministry of Finance has published a notice on the deduction of foreign head office or regional headquarters (RHQ) management expenses by a Taiwan branch. The notice provides that a Taiwan branch may deduct its apportionment of management expenses if the following requirements are met:
- The foreign head office or RHQ business is not open to the public but has an operating department. This operating department shall share management expenses of the foreign head office’s or RHQ’s non-o…