The Taiwanese Ministry of Finance announced on 24 December 2024 that it is seeking public feedback on proposed amendments to VAT rules for non-resident entities offering digital services. The changes aim to raise the annual sales threshold for VAT registration from TWD 480,000 to TWD 600,000 for non-resident businesses without a fixed presence in Taiwan.
The amendments focus on businesses selling electronic services to individuals through digital platforms or the internet, aligning tax policies with the growing digital economy.
Interested parties can submit their comments on the draft amendments until 24 February 2025.
