- Taiwan’s Ministry of Finance has extended the 1% business tax incentive for small businesses using mobile payments or KIOSKs until December 31, 2028.
- The revised guidelines, effective January 1, 2026, expand eligibility to more business types, including various food vendors and self-service restaurants.
- Approved businesses can continue to benefit from the 1% tax rate and exemption from issuing uniform invoices, even if monthly sales exceed TWD 200,000, until the end of 2028.
- Tax incentives will end if quarterly sales reach TWD 2.4 million, the mobile payment ratio is zero, or cumulative targets are not met.
- Applications and detailed guidance are available through mobile payment providers, KIOSK agents, and the Bureau’s website.
Source: regfollower.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.
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