The Regulations Governing Application of Investment Tax Credits to Private Institutions Participating in Public Infrastructure Projects Article 4

If the total procurement cost of equipment or technology for pollution control purchased by a private institution participating in a major infrastructure project for self use in the same taxable year exceeds NT$600,000, 13% of the procurement cost for equipment and 5% of the procurement cost for technology may be credited against its profit-seeking enterprise income tax payable for the current year. Where the amount of profit-seeking enterprise income tax payable for the current year is less than the creditable amount, the balance of such creditable amount may be credited against profit-seeking enterprise income tax payable in the following four years.Equipment for pollution control eligible for tax benefit under the preceding paragraph shall be limited to brand-new equipment, the total amount of purchase shall be calculated based on the amounts assessed by the tax collection authority, not including the financial aid and investment from the government.Equipment or technology for pollution control eligible for tax benefit under Paragraph 1 shall be purchased during the period of time starting from the date the construction or operation plan for a major infrastructure project is approved by the authority in charge till the day before the operation date; or, the restrictions of the periods of purchase above-mentioned shall not be applicable, if the concession agreement stipulated that such equipment or technology shall be purchased after the date of actual operation.