Are Taiwan’s days numbered as a “tax haven”?

As low-tax jurisdictions in Asia prepare themselves for the introduction of international common reporting standards, Taiwan is proving something of a laggard on this front – to the extent that firms there are still openly touting the island as a tax haven. This is something the local financial regulator appears alert to and keen to prevent, but it remains behind its peers in many other countries on taking action. Most developed economies are part of a broad agreement on the aut…