- Businesses should issue unified invoices and pay business tax for late payment penalties charged to tenants.
- According to tax laws, all fees charged by businesses outside of the price of goods or services are considered part of the sales amount.
- Example: If a company charges a late payment penalty to a tenant, it should be included in the sales amount and reported for business tax.
- Businesses should rectify any failure to issue invoices for penalties charged to tenants to avoid penalties, as per tax laws.
- For more information, contact the Sales Tax Division Deputy Director at 2311-3711 ext. 1810.
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.
Latest Posts in "Taiwan"
- Taipei Customs Grants Tax Exemption for Imported Sugar-Free Beverages with Documentation from January 2026
- Taiwan Extends 1% Tax Incentive for Mobile Payments and KIOSKs Until End of 2028
- Taiwan Extends 1% Business Tax Rate for Mobile Payment and KIOSK Operators Until 2028
- Customs Brokers Prohibited from Acting as Customs Clearance Agents: KLC Warns of Penalties
- Taiwan MoF: Prices Must Include VAT, Uniform Invoices Mandatory, Penalties for Non-Compliance
