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Taiwan Issues Notice Clarifying the Business Tax Obligations of Online Traders

04 April 2022

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Approved Changes

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Taiwan

Taiwan's Ministry of Finance issued a notice on 31 March 2022 clarifying the business tax obligations of online traders, including individuals and business entities. --- Those who engage in online trading and the monthly average sales amount thereof exceeds the minimum taxable sales amount shall conduct taxation registration and pay business tax. The National Taxation Bureau of Taipei, Ministry of Finance expressed that, due to the severe epidemic situation and convenience of online shopping, online trading had become more prevalent nowadays. The Bureau would like to remind traders who often sell products or services online to conduct taxation registration and...