- New residents engaging in online transactions should register for tax and pay business tax if sales reach the threshold.
- The number of new residents in Taiwan exceeds 600,000, enriching the cultural diversity.
- Due to the low cost of online operations, some new residents sell exotic goods online.
- Sales thresholds are 100,000 NTD for goods and 50,000 NTD for services.
- Authorities collect data to prevent tax evasion in online transactions.
- AI is used to identify potential tax evaders among online sellers.
- A case was found where a seller did not register for tax despite reaching the sales threshold.
- The seller was fined and required to pay back taxes.
- Citizens are urged to self-check and register for tax if their sales meet the threshold.
- Contact the tax bureau for inquiries or call the free service number for assistance.
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.
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