Kaohsiung National Taxation Bureau reminds profit-seeking enterprises with approved suspension of operations in the 2025 tax year that they must still file income tax returns within the statutory deadline in May, or face late-filing or non-filing penalties under the Income Tax Act.
Taiwan’s Profit-seeking enterprises that have been approved to suspend operations in the 2025 tax year (Year 114 of the Republic of China calendar) are still required to file their income tax returns within the statutory deadline this May, according to the Kaohsiung National Taxation Bureau. Failure to comply may result in late-filing or non-filing penalties if the tax authority determines that tax is payable.
The Bureau stated that, under Article 71 of the Income Tax Act and the Ministry of Finance directive (Tai-Tsai-Shui No. 38268, issued on 22 November, 1979), enterprises with approved suspension of business must still complete annual income tax filings.
Where returns are not filed within the prescribed period but are submitted within 15 days after receiving a late-filing notice, and tax is assessed as payable, a late-filing penalty of 10% of the assessed tax will be imposed, subject to a maximum of TWD 30,000 and a minimum of TWD 1,500, in accordance with Article 108 of the Income Tax Act.
If filing is not made within the extended period or not submitted at all, a non-filing penalty of 20% of the assessed tax will be imposed, subject to a maximum of TWD 90,000 and a minimum of TWD 4,500.
The Bureau reminded enterprises that if they suspend operations during the 2025 tax year, they must still file their income tax returns this May to avoid late-filing or non-filing penalties.
This announcement was made on 7 April 2026.
