- Individuals who engage in cross-border shopping and reselling must be aware of the tax regulations
- The National Taxation Bureau of the Northern Area emphasizes the importance of reporting and paying sales tax on imported goods that are resold
- The bureau uses various methods to detect cases of tax evasion, such as monitoring financial flows, logistics, and information
- An example is given of an individual who sold European luxury goods through a private social media group without registering for sales tax
- The individual was fined for underreporting sales and not registering for sales tax
- Sellers in Taiwan who reach the sales threshold must register for sales tax and report their earnings
- Individuals who voluntarily correct their tax registration and payments before being investigated may be exempt from penalties
- For further inquiries, individuals can contact the bureau’s free service hotline at 0800-000321
Source: mof.gov.tw
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
