Skip to main content

Taiwan: Guidance on reporting CFC losses

Profit-seeking enterprises must submit CFC financial statements and supporting documents within the tax filing deadline to qualify for a 10-year loss deduction.

june 24, 2026

The National Taxation Bureau of Taipei, Ministry of Finance, issued guidance on reporting controlled foreign corporation (CFC) losses.

Profit-seeking enterprises must submit CFC financial statements and supporting documents within the income tax filing deadline for losses to qualify for deduction over the subsequent 10 years. Enterprises unable to meet the deadline may apply for a one-time extension of up to six months. Failure to comply with the requirements will result in ineligibility to deduct assessed losses.
 

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