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Taiwan VAT foreign digital services; business tax update

11 December 2023 in

Chinese Taipei

Confirmation of business tax to non-resident digital service providers Taiwan has updated its Value-added and Non-value-added Business Tax law to confirm its Business Tax to certain non-resident providers of digital or electronic services to consumers. This includes “Foreign enterprises, institutions, groups, and organizations that do

Taiwan VAT on foreign digital services

11 November 2021 in

Chinese Taipei

Taiwan implemented Value Added Tax obligations on non-resident providers and marketplaces for electronic or digital services from 1 May 2017. There is a NTD 480,000 VAT registration threshold for simplified registration, and no requirement to appoint a local Fiscal Representative. Taiwan imposes Government Uniform Invoices

Taiwan anti-fraud VAT receipt lottery hit by fraud

13 October 2021 in

lottery

How to hack national VAT lotteries Taiwan is having to rethink its VAT receipt prize draw after it become clear tax fraudsters were gaming the system. The fortnightly lottery gives prizes of up to TWD 10million based on the invoice numbers of retail receipts that

Taiwan GUI VAT e-invoice

8 January 2020 in

e-invoice

Taiwan implemented post-issuance government e-invoicing via its Government Uniform Invoice (GUI) regime. This allocates batch sequence invoice numbers to taxpayers every couple of months. The system was launched in 2006 as paper-based pre-printed invoices, and switched to electronic in 2017. This requirement was mandated for

Tag: Taiwan

Taiwan VAT foreign digital services; business tax update

Taiwan VAT on foreign digital services

Taiwan anti-fraud VAT receipt lottery hit by fraud

Taiwan GUI VAT e-invoice

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