- Small-scale business owners can deduct input tax invoices to offset business tax
- To encourage small-scale business owners to request input tax invoices, they can deduct 10% of the input tax amount from the determined tax amount
- Example provided: a business with monthly sales of NT$90,000 and input tax invoices totaling NT$3,000 can offset NT$2,400 in business tax
- Reminder to small-scale business owners to seek clarification through the free service hotline or online platform provided by the National Taxation Bureau of Kaohsiung
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.
