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Latest / Chips, compute and energy

Rule changeComputeGovernmentTaiwanReported

Taiwan passes a ‘chips act’ giving 25% tax credits for advanced R&D

See how this story connects

Source: Lee and Li, Attorneys-at-LawAlso reported by TechNews

Taiwan’s Legislative Yuan passed amendments to Articles 10-2 and 72 of the Statute for Industrial Innovation on 7 January 2023. Companies can credit 25% of qualifying forward-looking R&D spending and 5% of spending on new advanced-process equipment against corporate income tax from 2023 to 2029. Claimants must meet a minimum effective tax rate of 12% in 2023 and 15% from 2024.

Why it matters

Taiwan’s largest chipmakers, including the foundries that make most AI accelerators, get tax relief for keeping advanced research and equipment spending at home through 2029.

When
7 Jan 2023
ID
WTA-N-2023-0156
Where
Taiwan
Who
Legislative Yuan

Summary by wheresthe.ai, from Lee and Li, Attorneys-at-Law and the reporting credited above. We could not open the primary document, so it is marked Reported. Checked against the source on 9 Oct 2026.

Read the original at Lee and Li, Attorneys-at-Law

Source copy: download the page as saved on 18 Oct 2026 (PDF). Also held by the Internet Archive.

Cite this story

WTA-N-2023-0156: “Taiwan passes a ‘chips act’ giving 25% tax credits for advanced R&D.” wheresthe.ai, 7 Jan 2023. https://wheresthe.ai/d/tw-chips-act-tax-credits-2023-01/ (source: Lee and Li, Attorneys-at-Law).

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