Bulletin
March 2010 Issue
Bulletin
2010 GUIDELINES GOVERNING APPLICATION OF DOUBLE TAX AGREEMENTS
The Guidelines for the Application of Double Taxation Agreements were first introduced by the Ministry of Finance (MOF) in 2001 (the "2001 Guidelines"). However, as Taiwan has signed a number of double tax agreements ("DTAs") with other countries since 2001 and more international rules have been developed in recent years, on 7 January 2010 the MOF promulgated the Guidelines Governing the Application of Double Tax Agreements ( ... MoreCORPORATION AND INVESTMENT
- BOTH THE DIVIDED COMPANY AND SHAREHOLDERS OF THE DIVIDED COMPANY MAY RECEIVE NEW SHARES ISSUED PURSUANT TO A DEMERGER OF THE COMPANY
- PROHIBITIONS ON INVESTMENTS IN MAINLAND CHINA RELAXED
INSURANCE
- REVISIONS TO RESTRICT RESPONSIBLE PERSONS OF INSURANCE ENTERPRISES FROM ASSUMING POSITIONS IN NON-INSURANCE ENTERPRISES
- REVISION TO THE SCOPE OF MATERIAL INFORMATION REQUIRED TO BE DISCLOSED BY INSURANCE ENTERPRISES
INTELLECTUAL PROPERTY RIGHTS
- PURCHASE OF COUNTERFEIT PRODUCTS FOR RE-SALE CONSTITUTES TRADEMARK INFRINGEMENT
- AMENDMENT TO ARTICLES 37, 81 AND 82 OF THE COPYRIGHT ACT
- ENLARGEMENT OF THE SCOPE OF FAIR USE - AMENDMENT TO ARTICLE 53 OF THE COPYRIGHT ACT
- AMENDMENT TO THE COPYRIGHT INTERMEDIARY ORGANIZATION ACT
- EMPLOYEES' REMUNERATION PRACTICE UNDER PATENT ACT IN CHINA
- JUDICIAL INTERPRETATION CONCERNING HANDLING OF PATENT INFRINGEMENT CASES ANNOUNCED BY SUPREME COURT IN CHINA
SECURITIES
- RULES GOVERNING INBOUND SECURITIES INVESTMENTS FROM MAINLAND CHINA
- CONDITIONS FOR EXEMPTION FROM SECURITIES REGISTRATION REQUIREMENTS RELAXED
- MECHANISMS FOR REGULATING TAIWAN'S DEPOSITORY RECEIPT MARKET
TAX
- MAXIMUM AGGREGATE TERM OF EXIT BANS ON A COMPANY'S PREVIOUS AND CURRENT LIQUIDATORS IS FIVE YEARS
- TAIWAN-ISRAEL DOUBLE TAX AGREEMENT APPLIES TO INCOME OBTAINED FROM 1 JANUARY 2010 ONWARDS
- AMENDMENTS TO THE ENFORCEMENT RULES OF THE INCOME TAX ACT REGARDING INCOME FROM STRUCTURED FINANCIAL PRODUCT TRANSACTIONS
- RULES ON TAXATION OF STRUCTURED FINANCIAL PRODUCT TRANSACTIONS DENOMINATED IN FOREIGN CURRENCIES