Skip to main content

Taiwan: Procedures for claiming tax deductions on scrapped fixed assets

Taxpayers must follow a process to claim deductions for fixed assets scrapped before the end of their useful life.

Share
January 6, 2026

The National Taxation Bureau of the Southern Area in November 2025 issued a release reminding taxpayers of the process for claiming deductions on fixed assets scrapped before their prescribed useful life, such as due to natural disasters.

Taxpayers must obtain prior approval from the tax authority or provide necessary documentation to support their deduction claims.


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

Vincent Lin | vincentlin@kpmg.com.tw

Thank you!

Thank you for contacting KPMG. We will respond to you as soon as possible.

Contact KPMG

Use this form to submit general inquiries to KPMG. We will respond to you as soon as possible.
All fields with an asterisk (*) are required.

Job seekers

Visit our careers section or search our jobs database.

Submit RFP

Use the RFP submission form to detail the services KPMG can help assist you with.

Office locations

International hotline

You can confidentially report concerns to the KPMG International hotline

Press contacts

Do you need to speak with our Press Office? Here's how to get in touch.

Headline