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Taiwan Clarifies Deemed Taxable Income Provision for Non-Residents May Not Apply for Royalties

|Approved Changes|Taiwan
Taiwan

Taiwan's Ministry of Finance (MOF) recently issued guidance to clarify that the deemed taxable income provision for certain business revenue of non-residents does not apply for royalties. The provision includes that when a non-resident is engaged in certain business activities deriving income from Taiwan, and the costs and expenses are difficult to calculate, they may apply for approval from t…

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