- Businesses must file sales and business tax returns on time, regardless of whether they have sales.
- Tax amounts payable or refundable are determined after offsetting output and input tax.
- Late filing, even with zero sales, results in fines (e.g., NT$1,200 if late, NT$3,000 if over 30 days late).
- Businesses are reminded to submit required documents and use online filing to save time and avoid penalties.
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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