Taiwan’s Ministry of Finance (MOF) has proposed a draft amendment to extend the tax refund application period under income tax treaties from five years to ten years. This change aims to streamline regulations and provide taxpayers with additional time to reclaim overpaid taxes.
The extended period will apply to ongoing cases still within the current five-year limit but will not revive expired claims.
Additionally, if a specific tax treaty sets a different reclaim period, those provisions will take precedence over domestic regulations.
Earlier, MOF announced an extension for the business tax payment deadline to 24 February 2025. The extension applies to the quarterly period ending 31 December 2024 and the monthly period for January 2025.
This announcement was published by the Taiwan Ministry of Finance on 13 January 2025.