Taiwan's Ministry of Finance has issued a release announcing a net profit rate reduction for companies impacted by the COVID-19 pandemic that experienced a reduction in net operating income of at least 30% in 2021 as compared to 2020 or 2019. The same was provided for 2020 as compared to 2019 and is being provided for 2021 considering the continued effects of the pandemic. For qualifying companies, it is provided that the applicable net profit rate will be 80% of the standard profit rate for…