- The North District National Tax Bureau of the Ministry of Finance will conduct a business tax selection (including online transactions) audit from April 1.
- The bureau will use AI technology to analyze data and select cases for audit.
- The audit will focus on businesses that have failed to issue invoices, falsely reported input tax, failed to register for tax, incorrectly applied zero-rated sales, and engaged in online transactions involving tax evasion.
- Businesses operating in prime locations, popular businesses, night markets, hair salons, and real estate (sub)leasing will also be audited.
- Businesses that have evaded taxes can voluntarily report and pay the unpaid taxes before being reported or investigated.
- The bureau has set up a “Tax Care Station for Online Sellers” website to provide information on tax obligations for online transactions.
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"
- Taiwan Announces VAT Relief Measures for Businesses Affected by 2025 Floods
- Taiwan Sets New VAT Rules for Online Content Creators, Zero Rate Requires Overseas Revenue Proof
- Taiwan Cracks Down on E-Commerce Sellers Evading Invoices and Business Tax Obligations
- Taiwan E-Invoicing (eGUI): Key Requirements, Compliance Steps, and Penalties for Businesses
- No Business Tax on Inherited Sole Proprietorship Assets; Tax Applies Only to Business Transfers
