Taiwan's Ministry of Finance has issued a notice clarifying the conditions for the tax incentive for qualifying foreign special professionals making more than TWD 3 million. The incentive was introduced to attract foreign professionals to work in Taiwan and provides for a 50% reduction in the amount of taxable income exceeding TWD 3 million for up to five years in Taiwan. The notice clarifies that the incentive is available for qualifying foreign professionals who for the first time reside i…