- Taiwan’s Ministry of Finance has issued a notice reminding businesses to include business tax (VAT) in the pricing of taxable goods or services sold to consumers.
- The National Taxation Bureau of Taipei has stated that the price of goods or services should already include the business tax, and businesses must issue uniform invoices for reporting and payment of the tax.
- The Bureau warns that failure to include the tax in pricing and rectify the situation within the specified timeframe may result in a fine. The Bureau also urges consumers to request uniform invoices during shopping to protect their rights and interests.
Source Orbitax
Latest Posts in "Taiwan"
- July-August 2025 Uniform-Invoice Prize Winning Numbers Announced by Taxation Administration
- Taiwan Adopts Peppol for Cross-Border E-Invoicing, Digital Industry Agency to Oversee Implementation
- Taiwan Clarifies Business Tax Rules for Online Content Creators and Platforms
- Change of Sole Proprietorship Responsible Person Requires Invoice Issuance and Business Tax Payment
- Online Sales of Second-Hand Goods for Profit Require Business and Income Tax Registration
