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Taiwan: Accumulated losses recorded prior to 2023 may not be deducted when calculating CFC investment income

Clarifying treatment of accumulated losses recorded in a controlled foreign company

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January 29, 2026

The National Taxation Bureau of Taipei clarified that accumulated losses recorded in a controlled foreign company (CFC) before the CFC system’s implementation in 2023 cannot be deducted when calculating current-year investment income.


For more information, contact a KPMG tax professional in Taiwan:

Vincent Lin | vincentlin@kpmg.com.tw

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