Month: June 2017

Taiwan’s Amended Tax Guidelines for E-Commerce Enterprises

The Ministry of Finance for Taiwan has issued draft amendments to the Value-Added and Non-Value-Added Business Tax Act that was first announced on December 28, 2016. The revised VAT law made it mandatory for foreign e-commerce operators selling its services to individuals in…

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China: Increase in the Monthly Minimum Wage to Counter the Economic Slowdown

China is gradually revising the minimum monthly wage, but not all at once for the entire nation. Each province and municipality set its minimum wage based on its local economic needs. Recently, the Shanghai Municipal Bureau of Human Resource & Social Security has…

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