Bulletin
LEE & LI Bulletin - February 2015
Bulletin

Impact of Constitutional Court’s Interpretation No. 725 on Constitutional Litigation
According to statistics, the frequency with which the Constitutional Court ("Court") declared a statute void from a specified date (“dated void declaration”) is over 50% in the past seven years. Dated void declaration is thus the most typical form of interpretation of the Court. Whenever a statute is declared as violating the Constitution, a new suit may be brought for further remedy. However, it is controversial whether a remedy available owing to a dated void declaration can be asserted before the date specified. Though the administrative courts have found such cases should not be entertained, Interpretation No. 725 of the Court overturns such findings. ... MoreCapital Markets
- FSC Issued a Ruling for Domestic Banks Extending Credit to Their Foreign Subsidiary Banks
- Banking Act Amended for New Basis of Calculation of Total Investment of Financial Institutions and Other Important Rules
- Legislative Yuan Passed the Act Governing Management of Electronic Payment Institutions after Three Readings
Insurance
- Partial Amendment to the Regulations Governing Insurance Enterprises Outsourcing Operation
- Partial Amendment to the Regulations Governing Insurance Enterprises Conducting Derivatives Transactions
- Amendment to Articles 8 and 18 of the Regulations Governing Insurance Enterprises Conducting Foreign Investment
Tax
- Sale of Non-ROC Patent/Trademark Subject to Business tax
- Taiwan-Austria Tax Treaty Takes Effect from 1 January 2015
- Dividend Income Deemed as Received from Merger Between Parent Company and its Non-wholly-owned Subsidiary can be Excluded from Being Calculated into Exempted Sales Amount