Ministry of Finance proposed revisions to the value added tax (VAT) provisions and to make foreign e-commerce enterprises outside Taiwan but selling e-commerce services to individuals in Taiwan subject to VAT on 9 December 2016. If the procedures are confirmed, the subject foreign enterprises will be required to register and pay VAT in Taiwan.
Brazil: Amendments to tax on services
Related Posts
Taiwan reminds taxpayers to report auctioned property
Taiwan’s Southern District National Taxation Bureau of the Ministry of Finance has clarified that individuals whose real estate is auctioned by the court are required to report the transaction for consolidated housing and land tax, even if no
Read More
Taiwan extends mobile payment tax incentives for assessed businesses through 2028
Taiwan’s Ministry of Finance has amended and reissued its “Operational Guidelines for Tax Incentives Applicable to Assessed Taxpayers Using Mobile Payments and Multimedia Information Service Machines (KIOSKs)” as part of ongoing efforts to
Read More
Taiwan warns online sellers to issue invoices, pay business tax
Taiwan’s Central District National Taxation Bureau of the Ministry of Finance stated that businesses required to use uniform invoices must issue them in accordance with regulations when operating multiple member accounts or online stores on
Read More
Taiwan: Online sellers must register once sales hit tax threshold
Taiwan’s Northern District National Taxation Bureau of the Ministry of Finance has announced that, in accordance with the Ministry of Finance Order Tai-Cai-Shui No. 10904512340 dated 31 January 2020, individuals who sell goods or services online
Read More
Taiwan: Tax Bureau applies seizures, detention for asset concealment
Taiwan’s National Taxation Bureau of the Northern Area, Ministry of Finance has reinforced that taxpayers who evade tax enforcement by concealing or transferring assets may face provisional seizures and detention under the law. This
Read More
Taiwan: Heirs exempt from business tax on inherited assets
Taiwan’s Kaohsiung National Taxation Bureau of the Ministry of Finance has clarified that heirs who continue a deceased family member’s sole proprietorship are not required to invoice or report inherited inventory and fixed assets for business
Read More