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Taiwan Issues Release on Requirements for Scrapping Losses of Fixed Assets

|Approved Changes|Taiwan
Taiwan

Taiwan's Ministry of Finance has issued a release on requirements in relation to the declaration of scrapping losses for fixed assets that have not reached the end of their service life.

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National Taxation Bureau of Kaohsiung, Ministry of Finance indicated: for fixed assets that are destroyed or abandoned before reaching their service lives prescribed in the Table of Service Life of Fixed …

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