- Businesses must declare business tax within the specified period, regardless of sales amount.
- The tax declaration follows an automatic reporting system.
- Businesses must submit a declaration every two months, or monthly if applicable, with required documents.
- Late declarations incur penalties based on the number of days overdue.
- Penalties range from a minimum of 1,200 to a maximum of 30,000 New Taiwan Dollars.
- Businesses often mistakenly believe no sales means no need to declare, leading to penalties.
- Example: A company started in March, had zero sales, failed to declare by May 15, and was fined 1,200 New Taiwan Dollars.
- Businesses using uniform invoices must declare taxes on time to avoid penalties.
- For inquiries, a free service hotline is available.
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.
