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Taiwan Notice on Exemption from Tax Evasion Penalties for Foreign Individuals that Voluntarily Report and Pay Income Tax

25 August 2023

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Approved Changes

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Taiwan

Taiwan's Ministry of Finance has issued a notice on an exemption from tax evasion penalties for foreign individuals (aliens) that voluntarily file a late income tax return and pay the tax due plus interest. --- Aliens can be exempted from penalties for tax evasion under various tax laws if they voluntarily report and pay taxes on their unreported or uninvestigated income. According to the National Taxation Bureau of Taipei, Ministry of Finance, there have been many inquiries from alien taxpayers recently about whether they can still file tax returns after they left Taiwan for reasons a while ago and were...