Taiwan's Ministry of Finance has issued a notice on the de minimis test that allows profit-seeking enterprises to not recognize investment income under the CFC Rules.
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De Minimis Threshold for Exemption Criteria under the Controlled Foreign Company (CFC) Rules
The National Taxation Bureau of the Southern Area, Ministry of Finance (hereinafter "The Bureau") stated that, the Controlled Foreign Company (hereinafter "CFC") rules were implemented in the taxable year 2023. According to Para…