The Ministry of Finance stated that in order to stabilize prices, in accordance with the provisions of Article 9-1 of the Value-Added and Non-value-added Business Tax Law, the Ministry of Economic Affairs and the Agricultural Committee of the Executive Yuan will submit a letter to the Executive Yuan for approval and announcement from April 1 this year to June 6. As of March 30, the 100% reduction in business tax payable on imported soybeans, wheat, and corn will continue.
Source: gov.tw
Latest Posts in "Taiwan"
- Beware of Tax Penalties for False Invoices and Unreported Business Income
- New Residents Engaging in Online Transactions Must Register for Tax and Pay Business Tax
- Change of Sole Proprietorship Responsible Person Requires Invoice and Tax for Asset Transfer
- Taiwan Enforces VAT and Tax Registration for Online Sellers Exceeding Sales Threshold
- Taiwan Clarifies Zero Business Tax Rate Nonapplication for Import Facilitation Services and Compliance Requirements
