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The enterprise shall recognize the loss from demolition of buildings, land improvements and undepreciated value as “cost of sale of land” according to its contracts of purchase and sale of land.
The National Taxation Bureau of Northern Area, Ministry of Finance(NTBNA, MOF) indicated that we noted a case that a company (as a seller of land) was required to demolish buildings and land improvements before registration of land transfer pursuant to the contracts of purchase and sale of land. The...
[News] Ferry Trips to Green Island and Orchid Island
Combining visits to Green Island (Ludao) and Orchid Island (Lanyu) off the southeastern coast of Taiwan has now been made easier. Since May this year, once daily (9am), a ferry leaving Fugang Harbor in Taitung County first heads to Orchid Island and then, on the return leg (leaving the island at 2:3...
Three-member delegation of the German Research Center for Geosciences visits Taiwan
July 29, 2016No. 167                                    Professor Dr. Reinhard Hüttl, concurrently chairman of the board and scientific executive director of the German Research Center for Geosciences (GFZ) and president of the National Academy of Science and Engineering, is leading a three-member G...
Lord Northbrook leads UK parliamentary delegation to Taiwan
July 25, 2016No. 165                                   Lord Northbrook from the British House of Lords is leading a five-member delegation, consisting of members of both Houses of the UK Parliament, to the Republic of China (Taiwan) from July 24 to July 30. The aim is to better understand ROC foreig...
Premier talks investment climate with AmCham Taipei
Premier  Lin  Chuan  received  a  delegation  from  the  American  Chamber  of  Commerce  (AmCham)  in  Taipei  today,  discussing  recommendations  on  Taiwan’s  investment  climate  and  ways  to  forge  closer  links  with  world  markets.  Lin  also  thanked  AmCham  Chairman  Dan  Silver  for  ...
A New Public Plaza in Kaohsiung Station’s Future—Station Seeks to be Part of the City Residents’ Hearts
“A station is more than just a station”. The new Kaohsiung Station will utilize its architectural design to attract citizens to hold events in the station’s public space. A place where local stories will come to life, city residents will have cherished memories that are tied to this future train sta...
Taiwan's Presidential Office sends condolences over Munich shooting
Taipei, July 23 (CNA) Presidential Office spokesman Alex Huang said Saturday that his office has sent its condolences to the victims and their families in the shooting attack in Munich, Germany, that killed 10 people, including the gunman, and injured 16 others.The Ministry of Foreign Affairs said t...
Four Taiwanese students win gold medals in Biology Olympiad
Taipei, July 23 (CNA) All four Taiwanese students taking part in the 2016 International Biology Olympiad (IBO) in Hanoi, Vietnam, received gold medals Saturday, to become the best-performing team.Seventy-one nations and regions took part in this year's competition, including 252 students and 228 tea...
Indonesia, Taiwan continue to develop Morotai into economic hub
Jakarta, July 23 (CNA) The cooperation between Taiwan and Indonesia on a joint development project in a remote Indonesian island is still ongoing, Indonesian weekly magazine Tempo has reported, citing an Indonesian minister.Coordinating Maritime Affairs Minister Rizal Ramli said on July 21 at a foru...
Taiwan delegation visiting Tokyo to solicit investment
Taipei, July 24 (CNA) A delegation led by Deputy Minister of Economic Affairs Shen Jong-chin embarked on a trip to Tokyo Sunday to attract Japanese companies with cutting-edge technology to invest in Taiwan and strengthen bilateral industrial and technology cooperation.During their trip, which will ...
10 languages to be available for airport MRT ticket services
Taipei, July 24 (CNA) Eight foreign languages, as well as traditional and simplified Chinese characters, will be available on ticket-selling systems along the Taipei-Taiwan Taoyuan International Airport metro line, according to the Taoyuan Metro Corp. (TMC).To better serve riders on the line linking...
Overseas Chinese students to help southbound policy: official
Taipei, July 25 (CNA) The long-term efforts by the Overseas Community Affairs Council(OCAC) to nurture overseas Chinese students and establish contacts with Taiwanese businessmen in Southeast Asia will be a major boost to the country's "New Southbound Policy," an official said Monday.James Huang, d...
The U.K. parliamentary delegation visits MOEA vice minister
A delegation of United Kingdom parliamentarians paid a visit to Vice Minister of Economic Affairs Mei-Hua Wang on July 27, 2016, to exchange views on a range of topics, including Taiwan's economic and industrial policies, investment environment, education and training, and renewable energy.
Swiss parliamentary delegation visits ICD
Department of International Cooperation Deputy Economic Counselor Simon Gong received a visiting delegation of Swiss parliamentarians on July 27, 2016. During the meeting, they discussed Taiwan's economic situation, intellectual property protection, labor-management relations, value added tax (VAT),...
Premier urges BOST to expedite S&T transformation
While  presiding  over  the  Executive  Yuan’s  Board  of  Science  and  Technology  (BOST)  meeting  for  the  first  time  today,  Premier  Lin  Chuan  called  on  the  board  to  do  its  utmost  to  expedite  the  nation’s  science  and  technology  (S&T)  transformation.S&T  strategies  must  c...
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