Tax | 信達會計師TIAG

Value-added and Non-value-added Business Tax (VAT) in Taiwan

10/22/2019/in Tax, VAT /by HsinTa

Eligibility Laws & Regulations of Tax Reduction and Exemption or Tax Incentives Goods or services sold as specified in Article 7 of this Act Article　7 The business tax rates shall be zero for the sales of goods or services of the following items: 1. Export of goods. 2. Services related to exports or services supplied […]

Taiwan Income Tax

06/22/2019/in Tax /by HsinTa

Eligibility Laws & Regulations of Tax Reduction and Exemption or Tax Incentives Related Explanation 1. Private institutions participating in major infrastructure projects 1. A private institution participating in a major infrastructure project may be exempted from profit-seeking enterprise income tax for a maximum period of 5 years from the year in which taxable income is […]

List of CRS MCAA signatories

01/16/2018/in CRS, Financial, Investment, Tax /by HsinTa

Signatories of the multilateral competent authority agreement on automatic exchange of financial account information and intended first information exchange date (Status as of 15 January 2018). JURISDICTION FROM WHICH THE COMPETENT AUTHORITY IS FROM INTENDED FIRST INFORMATION EXCHANGE BY: (ANNEX F TO THE AGREEMENT) 1. ALBANIA September 2018 2. ANDORRA September 2018 3. ANGUILLA September […]

Tax Treatment of Foreign Investment

01/12/2018/in Tax /by HsinTa

For an individual, only domestic source income is subject to personal income tax, all foreign source income is exempted , whereas, an enterprise is subject to tax on its worldwide income. All income tax paid by any of the branches or agents of an enterprise abroad will be allowed as a credit against its total […]

Introduction of Taiwan Tax System

12/29/2017/in Tax /by HsinTa

Based on the principle of "the Rule of Law" and "Doctrine of Taxation by Law", the collection of taxes in Taiwan should be regulated by laws. The tax collection procedures are based on Tax Collection Act for the unification of procedures, and should comply with the Taxpayer Rights Protection Act (which will be implemented on […]

Common Reporting Standard (CRS) & MCAA

12/16/2017/in CRS, Financial, Investment, Tax /by HsinTa

The Common Reporting Standard (CRS), developed in response to the G20 request and approved by the OECD Council on 15 July 2014, calls on jurisdictions to obtain information from their financial institutions and automatically exchange that information with other jurisdictions on an annual basis. It sets out the financial account information to be exchanged, the financial institutions required to report, […]

VAT on Cross-Border Electronic Services

08/16/2017/in Tax /by HsinTa

Creating a system for foreign suppliers providing cross-border electronic services charged VAT To solve the current tax levy problem on business tax arising from cross-border tax-free threshold and reverse charge mechanism, the MOF referred to the OECD suggestion as well as relevant measures taken by the EU, Korea, Japan, etc. to amend our current Value-Added […]

Taxation Q&A of Foreign Issuers to List in Taiwan

06/01/2017/in Investment, Tax /by HsinTa

Q1 What is the applicable securities transaction tax rate on the sale of shares of a foreign issuer listed on the TWSE or GreTai Securities Market ("GTSM")? Ans. According to the Letter dated September 23, 2008 from the Taxation Agency, Ministry of Finance to the Securities and Futures Bureau ("SFB"), generally, all transactions involving shares […]

信達聯合會計師事務所(HsinTa CPA)成立於1985年

Cookie and Privacy Settings