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Regulations for Rental Agencies on Reporting Business Tax Based on Rental Income and Expenses

    The tax authority states that rental management companies must report business tax based on the difference between rental income and expenses. Companies must issue invoices for the net service fee income. If a company does not comply, it must issue invoices for the full rental income. An example is given of a company fined for not issuing invoices correctly. Businesses are reminded to issue invoices upon receiving rent and can avoid penalties by voluntarily correcting any omissions before an investigation. For tax inquiries, contact the tax office.

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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