- Taiwan increased the VAT registration threshold for nonresident e-service providers from TWD 480,000 to TWD 600,000
- The change is effective immediately
- The minimum taxation threshold for monthly sales of small-scale business operators is now NT 50,000
- The proposal was made by Taiwan’s Ministry of Finance in early April 2025 via Decree No. 11404515421
Source: kpmg.com
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 Clarifies Business Tax Rules for Online Content Creators and Platforms
- Change of Sole Proprietorship Responsible Person Requires Invoice Issuance and Business Tax Payment
- Online Sales of Second-Hand Goods for Profit Require Business and Income Tax Registration
- Online Sellers Must Register for Tax if Monthly Sales Reach Tax Threshold
- Businesses Can Switch to Monthly Returns for Zero-Rated Supplies Once Annually, Says Taipei Tax Bureau