Q：
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What are the items included in salary expenses to declare in profit-seeking enterprises in Taiwan?
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A：
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The items to declare for salary expenses are included salary, wages, allowance, bonus, distribution of dividends, interests-and-rights-of-company-product-based payment, pension, severance pay, regular payment for commute and lodge and other a variety of subsidies.
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Q：
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What is the standard to recognize salary expenses in Taiwan for profit-seeking enterprises in Taiwan?
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A：
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1.
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Salary for employees in organizations and cooperatives shall be determined or stated in advance; Salary for shareholders, directors, supervisors (including holiday bonus) shall be resolved by adoption of articles of association, shareholders meeting, employee meeting in advance. No matter what benefits or losses they are, such salary shall be listed.
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2.
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The salary for owner of enterprises in sole proprietorship or partnership, conducting business partner or employees (including holiday bonus), no matter what benefits or losses they are, such salary shall be listed.
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3.
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Shareholders, directors or partners who acts as manager or employees concurrently shall be deemed as regular employees to list the salary expenses.
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Q：
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How to list the transportation tool expenses on profit-seeking enterprises for salesmen in Taiwan?
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A：
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For the practical demand to make a contract with salesmen, the expenses of gasolines, repairment, parking, ETC incurred by visiting clients from salesmen can be recognized as necessary expenses for businesses with original related proofs, instead of being recognized as salesmen’s income, but the license tax, insurance and depreciation.
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Q：
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What kinds of certificates required to present in declaration of salary income for profit-seeking enterprises in Taiwan?
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A：
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The original certificates to list the salary expenses as following:
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1.
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The original certificate of salary expenses such as receipts or signed rosters, receipts issued by unions or cooperatives which shall come along with the rosters of receiving in stamps, labors’ salary transferred into individual labor’s bank account by banks shall be presented with the list in the stamp of such bank.
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2.
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Receipts or rosters in stamps or signature for payment to part-time workers
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Q：
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What is the regulation to prepare and fund the pension to employees for profit-seeking enterprises in Taiwan?
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A：
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1.
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All those profit-seeking enterprises which are subject to the application of the Labor Standards Act may each year set aside an amount within the limit of no more than fifteen per cent of the total salaries and wages paid in that year, as worker retirement reserve according to the Labor Standards Act or as labor pension or annuity insurance premiums according to the Labor Pension Act, and the appropriation thus made may be considered as expenses of the year.
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2.
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Any profit-seeking enterprise which is not subject to the application of the Labor Standards Act and has established rules for the retirement of staff employees and workers may each year set aside a reserve for retirement pensions of no more than four per cent of the total salaries and wages paid in that year.
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3.
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According to the item 2nd at article 56 in Labor Standard Act, before the end of each year, employers shall assess the balance in the designated labor pension reserve funds account. The employer is required to make up the difference in one appropriation or installment and submit the statement to the Business Entity Supervisory Committee of Labor Retirement Reserve for review.
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FAQ
