Taiwan Notes Areas of Focus for CFC Audit Selection

Taiwan's Ministry of Finance has issued a notice on the four main areas of focus (categories of cases) for controlled foreign corporation (CFC) audit selection, which will soon begin for tax year 2023.

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Profit-seeking enterprises CFC audit selection will soon begin. Please pay attention to the four main audit points.

The National Taxation Bureau of the Northern Area (NTBNA), MOF, stated that it will soon conduct controlled foreign corporation (CFC) audits for the year 2023 (ROC Year 1…