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Taiwan Issues Press Release on the Impact on The Implementation of the 50% Imputation Tax Credit

|Approved Changes|Taiwan
Taiwan

On 31 December 2014, the National Taxation Bureau of Taipei, Ministry of Finance issued a press release on the impact of the implementation of the amendment to the Income tax Act concerning the imputation tax credit for dividends. The amendment was made by Legislative Yuan on 16 May 2014, and changes the imputation credit available for individual shareholders from a full credit to a 50% credit.…

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