The explanation states that corporations that give souvenirs to shareholders during shareholder meetings are not allowed to deduct the input tax paid on the presents since they are not business costs.
Source: GVC
Latest Posts in "Taiwan"
- Tax Bureau Reduces Sales and Business Tax for Hualien Businesses Affected by Flooding Disaster
- Taiwan Embraces Peppol Standard to Enhance Digital Trade and Cross-Border Efficiency
- Online Sellers Must Register for Tax if Monthly Sales Reach Threshold
- Taiwan becomes the most recent Peppol Authority
- July-August 2025 Uniform-Invoice Prize Winning Numbers Announced by Taxation Administration