Q:
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Taiwan tax authority approved the Taiwan Company head office to file a consolidated tax return, should them require filing again at the local tax authority?
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A:
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The Taiwan Company head office that approved to report the consolidated tax payable or refundable to the local competent tax authority of its head office, it shall still have each of its fixed places of business, other than the head office, report their sales amounts and the input vouchers supporting the tax paid on goods or services purchased to the respective local competent tax authority.
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Q:
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Taiwan business person acquire fixed assets and overpaid the business tax, how to determine the amount of refundable tax?
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A:
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For the Taiwan business person that computes tax by general tax computation, when the business person acquires fixed assets and overpaid the business tax, the amount of the tax refundable is the input tax amount of the fixed assets.
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Q:
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The small scale business person that business tax determined by the competent tax authority, with the 10% tax credit of input tax amount to deduct the determined tax rate, when should the business person files the tax return?
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A:
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The small scale business person in Taiwan that business tax determined by the competent tax authority, claims a 10% tax credit, on the tax paid on goods or services purchased, its input vouchers of the tax paid on goods or services purchased shall be filed with the competent tax authority on a calendar quarter basis prior to the 5th day of January, April, July and October. Credit cannot be claimed if the input vouchers are not filed within the aforementioned deadlines or if the input vouchers submitted do not fall within the current period.
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Q:
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If there is disagreeing with the decision made in a tax assessment notice, how to handle it by the Taiwan Company?
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A:
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For the Taiwan Company that disagreeing with the decision made in a tax assessment notice by the competent tax authority, after receipt of the Tax Payment Slip, the application for recheck shall be applied within 30 days from the date of expiration of the period for payment of tax and file an application in the statutory format for a recheck, stating the reasons for disagreement along with evidentiary documents.
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Q:
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What should be handle by the Taiwan business person if being suspected of violation?
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A:
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Account books: The business person shall apply to the tax authority in charge for transcribing by itself or making a photocopy of the books and set up, in accordance with the provisions governing the maintenance of books of accounts, a new set of account books to record subsequent transactions.
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Accounting and other documentary evidence: If photocopy of the original documents is sufficient proof of the tax evasion or omission, the business person shall sign and chop on the photocopy to the effect that such photocopy is identical to the original document. After verification by the tax authority in charge of the photocopy, the original document may be returned to the business person.
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FAQ
