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Taiwan Issues Notice on Annual Tax Return Requirements for Enterprise that Suspended Business in 2019

25 June 2020

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Approved Changes

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Taiwan

Taiwan's Ministry of Finance has issued a notice on annual tax return filing requirements for enterprises that suspended business in 2019. --- Profit-Seeking Enterprises which Suspended Business in 2019 still Needs to File Income Tax National Taxation Bureau of the Southern Area, Ministry of Finance stated that, profit-seeking enterprises which suspended business in taxable year 2019 should file its annual income tax return to the tax collection authority-in-charge from May 1 to June 30, 2020 (due to the impact of COVID-19, the deadline for income tax filing has been postponed to June 30, 2020). The Bureau further expressed that, in...