- Online sellers with monthly sales reaching the threshold for business tax must apply for tax registration
- Individuals selling goods or services online for profit should disclose their business name and tax ID on their sales page
- If monthly sales do not reach the tax threshold, registration may be temporarily exempted
- To protect consumer rights and increase transparency, sellers must clearly disclose their business name, tax ID, domain name, website address, and member account
- Tax authorities will conduct audits on online transactions starting from April 1, 2024 to prevent tax evasion and maintain fairness
- Sellers who unintentionally underreport sales should voluntarily report and pay the owed taxes and interest to avoid penalties
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.
