Taiwan's Ministry of Finance has published a notice explaining that when an enterprise uses surplus (retained/undistributed) earnings to invest in qualifying assets under Article 23-3 of the Statute for Industrial Innovation and subsequently transfers or sells the invested assets within three years, the tax benefit under Article 23-3 will be clawed back. Article 23-3 provides for a reduction of the 5% retained earnings tax, and a possible refund, through the deduction of qualifying investmen…