Taiwan's Ministry of Economic Affairs recently announced amendments to the regulations for the development of SMEs, including certain incentives. Key points include:
- The scope of SMEs is expanded to include limited partnerships;
- The scope of expenses qualifying for the investment tax credit (deduction) for R&D is expanded to include "talent training expenditures" for R&D activities;
- The super deduction for hiring additional employees under the age of 24 and above the age of 65 is in…