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Taiwan Ministry of Finance Issues Notice on Currency Conversion Requirements for Offshore Electronic Services Suppliers

|Approved Changes|Taiwan
Taiwan

Taiwan's Ministry of Finance has issued a notice on the currency conversion requirements for offshore electronic services suppliers.

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Offshore electronic services suppliers selling their services and pricing their sales in foreign currency shall convert the amounts into New Taiwan Dollars for reporting business tax.

The National Taxation Bureau of Taipei, Ministry of Finance, stated that offshore electronic service suppliers pricing their sales of digital services in foreign currencie…

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