- Domestic buyers purchasing electronic services from foreign e-commerce must obtain cloud invoices or self-report business tax
- The Ministry of Finance states that with the growth of the digital economy, domestic buyers increasingly purchase electronic services from foreign e-commerce without a fixed business location in the country
- To ensure tax fairness, since May 1, 2017, a value-added business tax system has been implemented for cross-border electronic service transactions
- Foreign e-commerce must register for tax, issue cloud invoices, and report business tax for sales to domestic individuals
- Domestic individuals should keep a correct email address to receive cloud invoices from foreign e-commerce
- For sales to domestic non-individuals, the buyer must calculate and pay the business tax
- If foreign e-commerce sales exceed a certain threshold, they must register for tax and issue cloud invoices
- Domestic non-individuals buying electronic services must calculate and pay business tax unless exempted
- The Ministry of Finance advises reporting any foreign e-commerce not issuing cloud invoices as required
- Domestic non-individuals should report and pay any unpaid taxes before being investigated 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.
