Taiwan: Kaohsiung National Taxation Bureau reminds suspended enterprises that 2025 income tax returns must be filed on time. Late or non-filing may incur penalties from TWD 1,500 up to TWD 90,000 under the Income Tax Act.

RF Report

Taiwan’s Kaohsiung National Taxation Bureau, Ministry of Finance, has reminded profit-seeking enterprises that temporarily suspended operations during the 2025 tax year (Year 114 of the Republic of China calendar) that they must still file income tax returns within the statutory deadline. Failure to file may result in late-filing or non-filing penalties if tax is assessed.

Under Article 71 of the Income Tax Act and Ministry of Finance ruling Tai-Cai-Shui No. 38268 (22 November 1979), suspended enterprises must submit their returns. Filing within 15 days of receiving a late-filing notice incurs a penalty of 10% of the assessed tax, capped at TWD 30,000 and not less than TWD 1,500. Non-filing or missing the extended deadline triggers a 20% penalty, capped at TWD 90,000 and not less than TWD 4,500, under Article 108 of the Income Tax Act.

For example, Company A suspended operations in September 2024 (Year 113) but failed to file its 2024 return in May 2025. Filing after a late-filing notice led to a penalty of TWD 30,000 on an assessed TWD 500,000 tax liability.

The Bureau urges all suspended enterprises to file their 2025 returns in May to avoid penalties.

This announcement was made yesterday, 7 April 2026.