Taiwan Ministry of Finance Explains Recognition of Investment Losses Incurred by Enterprises from the Bankruptcies of Invested Businesses

Taiwan's Ministry of Finance has issued a notice explaining that investment losses incurred by profit-seeking enterprises from the bankruptcies of invested businesses should be recognized only after the court issues a ruling to terminate the bankruptcy procedures.

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Investment losses incurred by profit-seeking enterprises from the bankruptcies of invested businesses should be recognized at the appropriate time

The National Taxation Bureau of Taipei, Ministry of Finance, stated that inv…