Taiwan Digital Tax Law Leaves Open Questions For Corps.

By Michael Wong and Dennis Lee (September 13, 2018, 3:36 PM EDT) -- Taiwan introduced a number of significant reforms to its income tax law effective in 2018: the imputation system was abolished, corporate income tax was raised from 17 percent to 20 percent, the highest tax bracket for personal income tax was dropped from 45 percent to 40 percent and surplus tax on retained earnings was cut from 10 percent to 5 percent, among other items....

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