On each September annually, it is the season for Taiwan profit-seeking enterprises to proceed provisional payment. From the statement issued by Ministry of Finance, due to more and more profit-seeking enterprises affected by COVID-19, it is possible for them to submit the application form and related evidence to the revenue service office at their place of companies within the relief period of provisional payment (01/09/2022-30/09/2022). Owing to the relief period extended to 30/06/2023 as well as the growing number of positive cases from April this year, so the application of profit-seeking enterprise provisional payment is still available in 2022. This is another opportunity following 2020 and 2021.

Additionally, the principle of this measure is "Easy Application and Highly Recognition". Here are two types of circumstances that a profit-seeking enterprise can apply to the measure directly without application.

The candidate only has to meet one of the following conditions for application:

1. Those who are qualified for the measures of relief, compensation, remedy, or promotion in according to the item 3th of article 9th in the relief policy.
2. Owing to the impact by Covid-19, the short-term revenue is slumped drastically. (For example, the sales figures are less than up to 15% compared to the figures in December in 2021 or the past 6 months for consecutives two months or any random month or the average sales figures are less than up to 15% at the any random year of the same term from 2022, or other sales figures slumping cases.)

The candidate only has to meet one of the following conditions for application:

1. Profit-seeking enterprises which apply to the provisional payment policies on 2020 or 2021 can be exempted from the application of provisional payment in 2022.
2. Before the initiation of 2022 provisional payment period, if the application of extension or installment for payment of business tax, profit-seeking enterprise income tax, excise tax, tabaco and alcohol tax, the specifically selected goods and services tax approved or the refund of overpayment of profit-seeking enterprise income tax approved are no longer required to submit the application, the 2022 relief measures can be applied to directly.

Take Company A as an example: Company A’s sales tax declared for March-April 2022 is NT$1 million; and the sales tax declared for March-April 2021 is NT$1.18 million, after calculation (100-118)/118 =-15.25%, that is, the recession is more than 15%, so you only need to submit the application and the recession proof documents to the IRS.

The reporting period for the provisional income tax payment is from September 1 to September 30, 2022 in terms of calendar years, and is calculated on the basis of special fiscal years. For example, in April, it is from December 1 to December 31, 2022.