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Profit-seeking enterprises should provide evidentiary facts for commission expenses paid in addition to the agency contract
The National Taxation Bureau of the Northern Area, Ministry of Finance (NTBNA, MOF) indicated that commission expenses are paid by profit-seeking enterprises to agents, representatives, or brokers who act on their behalf to introduce or sell products or services. Determining whether commission expe...
Water regeneration in industrial zones a long-term necessity: premier
Reducing industrial zones’ and science parks’ dependence on the water supply by increasing their water recycling is the path Taiwan’s long-term water resources policy must take, Premier Mao Chi-kuo stated at the Cabinet meeting today.The premier made this statement after a briefing by the Ministry o...
Green procurement helps green industries grow
At the Cabinet’s weekly meeting today, Premier Mao Chi-kuo highlighted the importance of promoting green procurement, saying that it helps bolster Taiwan’s recycling industries and promotes the manufacture of low-polluting products that save water and energy.To boost the competitiveness of the natio...
I-Shou University holds white coat ceremony at its School of Medicine for International Students
I-Shou University held a ceremony to present white coats to students attending its School of Medicine for International Students on July 28. At this solemn and heartwarming event, President Ma Ying-jeou delivered a speech to the 600-plus attendants, comprising students and faculty members of the sch...
GDP: Advance Estimate of 2015Q2
The seasonally adjusted real gross domestic product (GDP) decreased by 7.65% on a quarter-on-quarter annualized basis(saar) in 2015Q2, and the year-on-year(yoy) growth rate of unadjusted GDP was 0.64%, according to the advance estimate by DGBAS.
Non-wood walking sticks subject to mandatory inspection beginning August BSMI, MOEA June 10, 2015
Beginning August 1, 2015, non-wood walking sticks will be subjected to mandatory commodity inspection, the Bureau of Standards, Metrology & Inspection (BSMI) said. The new measure, announced on February 17, 2015, aims prevent accidents that elder may occur as a result of using inferior products....
[News] Direct Flights Between Hong Kong and Penghu
From June 15 through October 19 this year, there will be direct charter flights between Hong Kong and Penghu, allowing travelers from mainland China/Hong Kong to travel directly to the archipelago west of Taiwan proper. Flights operated by Hong Kong-based low-cost carrier HK Express will fly the H...
Legislative Yuan passes amendment to the Patent Attorney Act
On June 12, 2015, the Legislative Yuan passed the third reading of the amendment to the Patent Attorney Act. Following its promulgation by the President on July 1, the Act will come into force six months later (January 1, 2016). Key revisions include the following:1.Streamlining administrative proce...
Premier calls for patience, communication on curriculum changes
Premier Mao Chi-kuo today expressed profound sadness at the apparent suicide of Lin Kuan-hua, a student activist who had been protesting planned changes to the high school curriculum guideline. The premier called on the nation to respect the views and wishes of Lin’s parents.Legislative Yuan Preside...
Upgrade service industry to go global: premier
In a symposium with business leaders today, Premier Mao Chi-kuo elaborated on the government’s efforts to upgrade the nation’s service industry to enlarge its global presence.The nation has advanced to a service-economy era, Mao said. Taiwan’s service industry is highly innovative, and it possesses ...
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of June 30, 2015, there were 62 OBUs with total assets of US$195.023 billion, an increase of US$0.178 billion or 0.1% from the previous month. The breakdown of the information in terms of domestic and foreign banks is shown in the table below:
Those companies that give others own courses for free shall issue uniform invoices
National Taxation Bureau of Taipei, Ministry of Finance indicated that those companies that give others own courses for free shall issue uniform invoices by current market price and own company as buyer and receiver in accordance with regulations. The bureau also noted that recently they found there...
Working together to fight human trafficking
President Ma Ying-jeou (馬英九, front, third from right) and Interior Minister Chen Wei-zen (陳威仁, front, second from right) attend the opening ceremony of the"2015 International Workshops on Strategies for Combating Human Trafficking"(2015年防制人口販運國際工作坊) in Taipei Wednesday.
Public once again urged to remove vector breeding sites in and around residence as dengue activity rapidly increases
According to statistics compiled by the Taiwan Centers for Disease Control (Taiwan CDC), during July 21 and 27, 2015, a total of 89 new dengue cases, including 85 indigenous dengue cases and 4 imported dengue cases from Indonesia, Myanmar, and Malaysia, were confirmed in Taiwan. Among the indigenous...
Indigenous tribal industry development to balance economy and culture
The government will seek to achieve a balance between economic development and cultural preservation in promoting indigenous tribal industries, Premier Mao Chi-kuo said at today’s Cabinet meeting after hearing the Council of Indigenous Peoples’ (CIP) report on the outcomes and outlook of relevant in...
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