International Airport Park Development Act Article 35

Profit-seeking enterprises, which engage only in preliminary or auxiliary business activities in the Republic of China (ROC) by the enterprises themselves or delegate free-trade-zone (FTZ) enterprises in Airport Park to purchase, import, store, or deliver products in FTZs and are reviewed and approved by the FTZ management authority shall be exempted from profit-seeking enterprise income tax on the income from selling such products.The regulations governing the scope of preliminary or auxiliary business activities; purchase, import, storage, or delivery of products; application conditions, the approved application period, application procedures, approval, abolishment, and other relevant requirements specified in the preceding paragraph shall be prescribed by the competent authority (MOTC) in consultation with the Ministry of Finance.The profit-seeking enterprise income tax exemption stipulated in paragraph 1 shall remain in effect until 31st December 2042.Paragraph 1 and paragraph 2 promulgated on 28th December 2018 shall enter into force from the profit-seeking enterprise income tax return for the year 2019.For cases which have been approved in accordance with paragraph 1 prior to the promulgation of this Article on 28th December 2018, the approved application period shall end by 31st December 2021.For cases which have been applied but not been approved prior to the promulgation of this Article on 28th December 2018, the income tax exemption for the year 2018 and the previous years shall be applicable to paragraph 1 prior to the promulgation; the income tax exemption for the year 2019 and following years shall be applicable to paragraph 1 after the promulgation.