▶ Official letter on revaluation of fixed asset’s tax when changing company form

The General Department of Taxation issued Official Letter 74 / TCT - CS on January 9, 2017 concerning revaluation of fixed asset’s tax at the time of company change.


The main contents are as follows.
In the case of investment and form re-change, the company is permitted to reassess fixed assets.
If we file a corporate tax based on the evaluation certificate of the fixed asset issued by the external evaluation agency, even if we change the asset value, the reevaluation made by our own company will not be accepted.

 

2017年11月21日