- Reminder to businesses about the relevant regulations on business tax when giving gifts to clients or employees during the Mid-Autumn Festival
- Gifts given to clients or employees are considered entertainment or rewards, and the input tax amount cannot be used to offset output tax
- Businesses should issue uniform invoices and comply with business tax regulations
- If goods purchased for entertainment or rewards are not accounted for as such, businesses must issue invoices based on market value and pay business tax
- Example given of purchasing mooncake gift boxes for entertainment purposes and self-produced fans for employee rewards
- Businesses should be cautious about issuing invoices and not claiming input tax that cannot be offset
- Businesses can contact the National Taxation Bureau for free assistance with any questions or doubts.
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.
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