Orbitax Tax News & Alerts
Taiwan's Tax news & updates from Orbitax and partners
Taiwan Tax News
Tax agreement between Slovak Republic and Taiwan signed and enters into force
Guidance on thin capitalization rules issued
Thin capitalization rules introduced
Tax agreement between Hungary and Taiwan enters into force
Treaty between Taiwan and Paraguay signed and enters into force
Supreme Administrative Court rules fees paid from Taiwan for services performed offshore is Taiwan source income
CIT rate – proposed reduction to 17% passed by legislature
CIT rate – proposed reduction to 17%
Ministry of Finance issues Guidelines on eligibility for tax treaty benefits
Treaty between Israel and Taiwan – details
Cabinet approves corporate and individual income tax reduction for 2010
Extension of loss carry-forward approved
Tax reform proposals outlined by new tax administration
Private ruling on source of income from service charges paid to foreign securities brokers
Ruling on source of income from services
Ruling on deemed profits of foreign companies – further information
Corporation tax reduction on hold
Entitlement of FII to treaty benefits scrutinized
Ruling on foreign company's stock option plans issued
Corporate and individual tax rates to be reduced
Ruling on deemed profits of foreign companies
OHQ tax exemption rules clarified
Tax treatment of foreign permanent establishments clarified
Treaties with the United States and Canada considered
Withholding tax on dividends and earnings income
The first-time income tax treaty between Denmark and Taiwan, concluded between the Danish Trade Organization's Taipei Office and the Taipei representative office in Denmark on 30 August 2005, entered into force on 23 December 2005. The treaty generally applies from 1 January 2006. Further details will be reported subsequently.
The first-time income tax treaty and protocol between Belgium and Taiwan, signed between the Taipei Representative Office in Belgium and the Belgian Trade Association in Taipei on 13 October 2004, entered into force on 14 December 2005. The treaty generally applies from 1 January 2006.
On 27 October 2005 the first-time income tax agreement between Denmark and Taiwan, which was concluded between the Danish Trade Organization's Taipei Office and the Taipei representative office in Denmark on 30 August 2005, was submitted to the Danish parliament for approval. The agreement will not apply to the Faroer Islands and Greenland. Further details will be reported subsequently.
As of 29 June 2005 negotiations between Germany and Taiwan regarding the conclusion of a first-time tax treaty are still ongoing. The first round of negotiations was held in December 2003.
The first-time income tax agreement and annex between Taiwan and Sweden, signed on 8 June 2001, entered into force on 24 November 2004. The agreement generally applies from 1 January 2005.
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