Financial Holding Company Act Article 49
Where a financial holding company holds more than ninety percent (90%) of the outstanding issued shares of a domestic subsidiary, such financial holding company may, for the tax year in which its such shareholding in the subsidiary has existed for the entire twelve (12) months of the tax year, elect to be the taxpayer itself, and jointly declare and report profit-seeking enterprise income tax and the ten percent (10%) tax surcharge on surplus retained earnings of a profit-seeking enterprise in accordance with the relevant provisions of the Income Tax Act. Other tax matters should be handled separately by a financial holding company and its domestic subsidiary.
中文原文 金融控股公司法第49條
金融控股公司持有本國子公司股份，達已發行股份總數百分之九十者，得自其持有期間在一個課稅年度內滿十二個月之年度起，選擇以金融控股公司為納稅義務人，依所得稅法相關規定合併辦理營利事業所得稅結算申報及未分配盈餘加徵百分之十營利事業所得稅申報；其他有關稅務事項，應由金融控股公司及本國子公司分別辦理。