Taiwan's Ministry of Finance Explains Enterprises with Overdue Taxes May Still Apply for Offsetting Between Profits and Losses if Case is Minor

Taiwan's Ministry of Finance has issued a notice explaining that profit-seeking enterprises with overdue taxes payable may still apply for offsetting between profits and losses if their case is considered minor.

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Profit-seeking enterprises with overdue tax payable may still apply for offsetting between profits and losses if conditions are minor.

The National Taxation Bureau of the Northern Area (NTBNA), M.O.F., stated that if a profit-seeking enterprise organized as a company seeks to…