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Taiwan Sets Effective Date for New e-Invoice Submission Deadlines and Revised Withholding Tax Deadlines

06 September 2024

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Approved Changes

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Taiwan

Taiwan's Ministry of Finance has announced that new e-invoice requirements and withholding tax amendments take effect (come into force) on 1 January 2025. As previously reported, the new e-invoice requirements were approved by the Executive Yuan on 7 August 2024 and concern the submission (deposit) of e-invoices and related information to the Electronic Invoice Integrated Service Platform. With respect to B2B transactions, e-invoices and required information must be transmitted to the platform within 7 days. With respect to B2C transactions, e-invoices and required information must be transmitted to the platform within 2 days. The withholding tax amendments were also approved...