- Businesses must report business tax during operating periods, regardless of sales revenue, to avoid late penalties.
- The tax law requires filing every two months within 15 days of the next period, including necessary documents and tax payments.
- Late filing within 30 days incurs a penalty of 1 percent of the tax due every two days, with a minimum of 1200 and a maximum of 12000.
- Filing more than 30 days late incurs a penalty of 30 percent of the tax due, with a minimum of 3000 and a maximum of 30000.
- If no tax is due, the late penalty is 1200 and the severe penalty is 3000.
- Example: Company A filed late without sales revenue and was fined 1200.
- Businesses using uniform invoices must file on time even without sales 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.
