09 May 2018 Taiwan issues ruling on reduced contribution ratio in computing foreign enterprise's taxable income Taiwan's Ministry of Finance (the MOF) issued a tax ruling on April 17, No. 10600664060 (the Ruling), which provides a reduced contribution ratio when computing the Taiwan income base associated with Taiwan-source income generated by foreign enterprises that conduct importation, storage, processing, delivery, and sales of self-produced or procured goods within or without Taiwan. The Ruling reduces tax burdens imposed on foreign companies engaged in importation, storage, manufacturing and delivery of goods to customers located in and outside of Taiwan. Document ID: 2018-0975 |
