The Taiwanese Ministry of Finance Feb. 11 clarified tax loss carry forward rules for companies and partnerships. The announcement clarifies that tax losses may be carried forward for up to 10 years and applied to income for the current year, provided entities keep accounting records and file annual corporate tax returns. [Taiwan, Ministry of Finance, 02/11/22]
Reference:
View Announcement. View Index.
Learn more about Bloomberg Tax or Log In to keep reading:
Learn About Bloomberg Tax
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools.