Taiwan’s Ministry of Finance has issued a release announcing the Executive Yuan’s approval of Temporary Tariff Reduction on Imports of Pharmaceutical Alcohol Ingredients from 20% to 10% due to the continued need in light of COVID-19. The temporary reduction applies for the period 27 February to 26 August 2021.
Source Orbitax
Latest Posts in "Taiwan"
- Declare Input Tax Certificates by January 5 to Deduct Assessed Business Tax for Q4 2025
- Taiwan Issues New VAT Rules for Influencers and Platforms in Digital Economy
- New Tax Rules for Influencers: Registration and VAT Filing Required by June 30, 2026
- Scope of VAT Exemption for Animal Feed Sales Clarified by Tax Authority
- Taiwan Offers Reduced Fines for Early Tax Payment on False Import Declarations
