Regulations Governing Securities Investment and Futures Trading in Taiwan by Mainland Area Investors Article 5

When a mainland area investor that engages in securities investment or futures trading retains or appoints an agent or representative in the Taiwan area to file tax returns and pay taxes, the mainland area investor shall fill out an evidentiary document for such retention or appointment in advance, and submit it for the approval of the competent tax authority; and the investor shall do the same when there is any change of agent or representative.When a mainland area investor applies for exchange settlement of earnings derived from securities investments or futures trading, the agent or representative in the Taiwan area shall carry out exchange settlement in accordance with applicable foreign exchange-related laws and regulations, by submitting either the evidentiary document under the preceding paragraph that has been approved by the tax authorities, or a tax payment certificate issued by the competent tax authority.The format of the evidentiary document under paragraph 1 shall be prescribed by the Ministry of Finance.If any information filed or evidentiary document submitted by an agent or representative in the Taiwan area under these Regulations contains any misrepresentation, the matter shall be handled in accordance with the applicable provisions of these Regulations, the Income Tax Act, and the Tax Collection Act.