To cope with the significant changes in the industrial landscape and attempts to redefine Taiwan’s role in the global business arena, the Taiwan tax authority has significantly reshaped the tax system in the past few years. It is now high time for multinational enterprises to revisit their innovation strategies involving Taiwan, believe Sherry Chang, Karl Chan, Anita Lin and Debra Liu of KPMG
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The new guidance is not meant to reflect a substantial change to UK law, but the requirement that tax advice is ‘likely to be correct’ imposes unrealistic expectations
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