OrbitaxOrbitax

Taiwan Ministry of Finance Issues Notice on the Calculation of Interest Income on Loans to Others Without Interest or Below the Market Rate

|Approved Changes|Taiwan
Taiwan

Taiwan's Ministry of Finance has issued a notice on the calculation of interest income on loans to others without interest or at a rate below the market rate.

---

Companies Should Calculate Interest Income From Loans to Others in Accordance With the Income Tax Act

The Dajyh Office, National Taxation Bureau of the Central Area, Ministry of Finance (hereinafter "the Office") stated that comp…

Continue Reading