Asia Pacific

On 23 October 2026, Taiwan’s Ministry of Finance (MOF) issued an interpretive ruling clarifying the application of profit-loss offset provisions under Article 39 of the Income Tax Act for profit-seeking enterprises with overdue tax payments. The ruling addresses scenarios where tax arrears fall below the statutory threshold triggering delinquency penalties under Article 41 of the

On 23 October 2026, the Ministry of Finance published enhanced reporting standards for whistleblowers targeting tax evasion in the special food and beverage service sector (特種飲食業), which includes nightclubs, karaoke venues, and hostess clubs. The directive, issued under the Tax Collection Act and the Special Food and Beverage Service Industry Tax Regulations, requires informants to

On 23 October 2026, the Ministry of Finance released a binding interpretation concerning the tax treatment of specialized investment companies (專營投資公司) under the Income Tax Act. The ruling confirms that all investment gains—including dividends, interest, and capital gains—must be classified as operating revenue (營業收入) rather than non-operating income. Critically, when computing tax-exempt income under relevant

Effective 22 October 2026, the NTBT detailed the application of the tax credit for repurchasing self-use residential land under the Land Value Increment Tax (LVIT) regime. When a taxpayer sells land subject to LVIT and repurchases a self-use residence within the prescribed period, the tax paid on the original sale may be credited against the

On 22 October 2026, the Ministry of Finance confirmed the 2026 Land Value Tax (LVT) collection schedule. The levy commences on 1 November 2026, with a payment deadline of 30 November 2026. Taxpayers holding land subject to LVT must settle assessments based on the announced land values effective 1 January 2026. The Bureau reminded taxpayers