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Taiwan Issues Notices on Tax Payment or Collateral Requirements When Filing an Administrative Appeal

16 July 2021

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Approved Changes

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Taiwan

Taiwan's Ministry of Finance has issued a notice concerning the requirements to pay half of the tax due or furnish equivalent collateral in order to avoid compulsory execution when filing an administrative appeal. --- Taxpayers who file an administrative appeal should pay one-half (1/2) of the amount of tax payable or furnish an equivalent collateral so that the tax due won't be referred to compulsory execution The National Taxation Bureau of the Northern Area (NTBNA), Ministry of Finance states that Company A disagreed with the profit-seeking enterprise income tax payable assessed by the NTBNA and then filed an application for...