The Presidential Executive Order amends Article 5 and Article 126 of ROC Income Tax Act.
2010-06-24 13:31:18
According to Jun15, 2010 Gazette 09900150571 by Executive Yuan and Gazette 6927 of Office of President of ROC, the corporate income tax rate was amended from 20% to 17%. The Presidential Executive Order amends Article 5 and Article 126 of ROC Income Tax Act. According to the newly amended Income Tax Act Article 126, new corporate income tax rate 17% and exemption TWD120,000,stipulated in Article 5, is effective in 2010.