Regulations Governing Profit-seeking Enterprise Income Tax Exemption for Profit-seeking Enterprises Conducting Procurement and/or Importation and/or Storage and/or Delivery of Goods in Free Trade Zones｜第 7 條｜港務｜Regulation｜In Force
第 二 章｜交通部｜v1.0
Last Amended: 2019-10-09
After obtaining the letter of certification in line with Paragraph 1 of the preceding Article, the profit-seeking enterprise shall promptly file its income tax return for the year. At the time of filing, only when applicants fill out the prescribed format and submit the following documents to the local tax collection authority to apply for income tax exemption for the year, the income for the year could be exempted. 1)A copy of the letter of certification for the profit-seeking enterprise which only engages in the preparatory or auxiliary activities within the territory of the ROC and conducts its procurement, importation, storage, or delivery of goods in the FTZ from the FTZ management authority. 2)The table of tax incentives and relevant documents. If applicants delegate a certified public accountant to certify the annual income tax return of a profit-seeking enterprise or apply for exemption from income tax in accordance with Item 1-2 of Subparagraph 1 of Paragraph 1 of Article 5, the former table and documents shall be reviewed by certified public accountants. The prescribed format for reporting the foregoing table shall be prescribed by the Ministry of Finance. If there is any omission in the information reported by the profit-seeking enterprise in accordance with Paragraph 1, it may be rectified before the expiration of the application period specified in the Income Tax Act; otherwise, it will not be accepted by the tax collection authority. Profit-seeking enterprises without a fixed place of business or business agent in the ROC are required to delegate a ROC resident or a profit-seeking enterprise with a fixed place of business in the ROC as an agent approved by the tax collection authority to file and pay taxes. When assessing the tax exemption application and related matters of the profit-seeking enterprise, the tax collection authority may seek assistance in the identification from the FTZ management authority and the central competent authorities for business objectives of each industry.