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Taiwan Notice on Installments Options for Payment of Substantial Supplementary Taxes

09 May 2024

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Taiwan

Taiwan's Ministry of Finance has issued notice on installment options for the payment of substantial supplementary taxes. --- Taxpayers Facing Difficulties in Paying Substantial Supplementary Taxes Can Apply for Installment Payments with Added Interest for a Maximum Period of 3 Years The National Taxation Bureau of the Northern Area (NTBNA), MOF stated that according to Article 26-1 of the Tax Collection Act, in the event that a taxpayer faces difficulties in paying substantial supplementary taxes, an application may be filed for installment payments with added interest for a maximum period of 3 years. The Bureau explained that the said substantial...