2012-05-29 15:29:29
If an expatriate stays in Taiwan for over 183 days in a given fiscal year, the expatriate’s salary should be withheld according to the resident withholding tax rate. The expatriate can choose either to withhold tax according to salary withhol...(more)
Tax Exemption is Applicable to Diplomatic Personnel with Diplomatic ID Card and Tax Exemption Card Purchasing Taxable Goods
2012-04-10 10:21:32
Previously when diplomatic personnel in Taiwan with diplomatic ID card and tax exemption card purchase taxable goods, businesses still issue taxable GUI and tax exemption is not granted.
According to item 4.3 in amended implementation note of Busi...(more)
Tax Paid on behalf of Foreign Employees Requires Proofs to be Recognized
2012-02-29 16:32:07
The explanation letter from the Ministry of Finance numbered 09804119811 replaced the letter numbered 09704042610 on March 12, 2010.
The tax paid by profit-seeking enterprises on behalf of the foreign employees cannot be recognized as business e...(more)
Foreign Taxpayers Can File Income Tax Online Starting May 2012
2012-02-24 17:40:29
The Ministry of Finance announced that foreign taxpayers can file income tax online starting May 2012 and there will be no need to send payment information to the tax office regardless if the tax is paid in cash or by debit card.
However, if...(more)
Official Real Estate Purchase Price Register
2012-01-06 13:12:25
The Legislative Yuan passed 5 amendments to laws regarding residence rights and land rights, including Real Estate Broking Management Act, Equalization of Lands Rights Act, Land Administration Agent Act, and Land Acquisition Act.
According to th...(more)
Penalty for failure to withhold tax
2011-12-26 11:14:25
Taipei National Tax Administration under the Ministry of Finance announced that withholding agents should submit a list of employee income for the whole year to the tax office by the end of January of the following year, and the employees that receiv...(more)
Taiwan-Switzerland Tax Agreement
2011-12-20 17:42:31
Taiwan-Switzerland tax agreement entered into force on December 13th, 2011. Switzerland agreed to exchange information on tax matters in the agreement. Therefore, Taiwan can ask Switzerland to provide income information received by Taiwanese from...(more)
Income Tax Law Amendments: Due date for filing withholding tax statement postponed
2011-12-16 18:33:54
The Legislative Yuan passed amendments to part of the articles in Income Tax Law: The due dates for withholding agents to file Withholding and Non-Withholding Income Tax Statements for various types of income and to mail the statements ar...(more)
2011 Withholding Tax Statement should be filed before January 31st, 2012
2011-12-14 11:27:43
The due date for filing 2011 Withholding and Non-Withholding Income Tax Statements for income and dividend is still January 31st, 2012. Even though the filing period is around New Year and Chinese New Year holidays, the Ministry of Finance deci...(more)
2011-11-25 17:51:52
The other income received, such as monetary settlement or damage, is not subjected to Value-Added Tax, because the business income is not from products sold or services provided. Therefore, there is no need to issue a Government Uniform Invoice....(more)