On 18 May 2022, the Ministry of Finance of Taiwan has announced that the late payment surcharge has been reduced to 1% for every 3 days, up to a maximum of 10%. Previously the rate was applicable to 1% for every 2 days, up to a maximum of 15%. If the payment of tax is not made within 30 days of the due date, the interest will be applied from the following day after the expiration of the payment period.