Taiwan's Ministry of Finance has issued a notice providing guidance on claiming foreign tax credits.
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Three Items of Note for Profit-seeking Enterprises Claiming Foreign Tax Credit
With the globalization of the economy, it has become more common for domestic profit-seeking enterprises to earn overseas income. According to Paragraph 2, Article 3 of the Income Tax Act, for any profit-seeking enterprise having its head office within the territory of the Republic of China (hereinafter "th…