- Profit-making enterprises providing rental services for social housing are exempt from business tax according to the Residential Act
- The exemption does not fall under the categories for tax exemption as specified in the Value-Added and Non-Value-Added Business Tax Act
- An example is given of a company participating in a social housing rental program and later applying to waive the tax exemption for social welfare services, which is denied
- The tax exemption for rental income from social housing is specific to the Residential Act and cannot be waived by the taxpayer
- Tax exemptions are determined by law and cannot be waived without specific legal authorization
- Taxpayers with questions can call a toll-free service number for assistance
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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