Taiwan Ministry of Finance Issues Notice on Recognition of Interest Expenses Related to the Purchase and Construction of Fixed Assets

Taiwan's Ministry of Finance has issued a notice on the recognition of interest expenses related to the purchase and construction of fixed assets by profit-seeking enterprises

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Regulations on the Recognition of Interest Expenses Related to the Purchase and Construction of Fixed Assets by Profit-seeking Enterprises

The National Taxation Bureau of the Central Area, Ministry of Finance expressed that referring to International Accounting Standard No. 23 "Borrowing Costs" and Enterprise A…