The tax credit rate of investment made by the Internet Industry will uniformly be 13%

The Executive Yuan amended and promulgated the regulations for Internet manufacturing industry and technical service industry to apply the tax credit rate for investment in connection with purchase of equipment or technology.  Since February 1, 2002, the relevant enterprises are allowed to apply for investment credit in respect of their expenditures for purchasing equipment that is able to upgrade the enterprises’ efficiency in digital information and so on. Moreover, no matter the enterprises make the aforementioned purchase from local or foreign enterprises, the tax credit rate will uniformly be 13%.

Source: Economic Daily News 05/16/2002