An individual who repatriates offshore funds and a profit-seeking enterprise which repatriates investment income derived from an offshore invested enterprise may opt to assess tax under this Act instead of assessing income basic tax and income tax under the Income Basic Tax Act, the Act Governing Relations between the People of the Taiwan Area and the Mainland Area, and the Income Tax Act. Once an option is made, it cannot be reversed.

The computing, filing, paying tax payable, and penalty of the offshore funds repatriated by an individual and the investment income derived from an offshore invested enterprise repatriated by a profit-seeking enterprise subject to this Act shall be in accordance with this Act. Matters not provided for in this Act shall be governed by other related laws.

The offshore funds repatriated by an individual and the investment income derived from an offshore invested enterprise repatriated by a profit-seeking enterprise subject to this Act cannot be used for purchasing real estate or beneficiary securities issued or delivered in accordance with the Clauses of the Real Estate Securitization Act, except for investing in constructing or purchasing buildings used for self-production or business purposes approved by the Ministry of Economic Affairs (hereinafter referred to as “MOEA”) according to Paragraph 1, Article 7.

The implementation of this Act must conform to the Money Laundering Control Act, Counter-Terrorism Financing Act, and other related laws or regulations.