- Businesses affected by US reciprocal tariffs may apply for a refund of overpaid business tax.
- Announcement made by Taiwan Ministry of Finance on 4 June 2025.
- Eligible entities are those in operation on the announcement date.
- Applicable during the US evaluation and implementation of the tariff policy.
- Criteria include receiving relief or having decreased operating income due to tariffs.
- Refund limit is NTD 300,000; excess can offset future tax payable.
- Affected businesses should submit applications with documentation for refunds.
Source: taxathand.com
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.
