Reported about 1 year ago
The Ministry of Finance in Taiwan has revised the handling principles on the recovery of tax incentives for enterprises that violate ESG standards. Companies losing these incentives in the future will not only face financial consequences but also public disclosure, similar to tax evaders, with their names being announced annually on July 1. The revised regulations aim to make the process of dealing with corporate violations more transparent and hold non-compliant businesses accountable for their actions.
Source: YAHOO