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Taiwan Publishes Notice on Services to Overseas Related Parties and Transfer Pricing Rules

|Approved Changes|Taiwan
Taiwan

The Taiwan Ministry of Finance has published a notice concerning the application of transfer pricing rules to services provided by Taiwan enterprises to foreign related enterprises. The notice reminds taxpayers that the provision of marketing and technical services to overseas related parties are considered controlled transactions for transfer pricing purpose, and as such, the income received should be determined at arm's length based on comparable information and taxed accordingly.

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