Gentle Reminder to Foreign Companies (Including Those with Local Branches in Taiwan):
If your company has received Taiwanese-sourced income, please note that the recent amendment to Article 25 of the Taiwan Income Tax Act (referred to as "Art. 25 tax relief") has extended the application deadline for tax relief from 5 to 10 years.
We encourage you to review your accounts to check if any payments previously withheld at a 20% rate by Taiwanese clients were considered expired and therefore ineligible for tax relief. This amendment offers a new opportunity to benefit from a reduced preferential tax rate—from 20% to 3%
