Taiwan: Updated list of low-tax jurisdictions
Effective December 27, 2024
The Ministry of Finance (MoF) updated the list of low-tax jurisdictions for purposes of the controlled foreign corporation (CFC) rules—effective December 27, 2024.
Taiwanese entities must recognize income from CFCs in specified low-tax jurisdictions. Detailed information about categories based on tax rates and territorial systems to help guide compliance is available on the MoF website.
For more information, contact a KPMG tax professional in Taiwan:
Robin Huang | rhuang3@kpmg.com.tw
Sue Shih | sueshih@kpmg.com.tw