Asia Pacific

The National Taxation Bureau of Taipei (NTBT) issued guidance on 28 August 2026 regarding the commodity tax refund program for consumers replacing old air conditioners with energy-efficient models. This measure aligns with the government’s “Cool Summer” campaign to promote energy conservation and reduce carbon emissions. The refund applies under the Commodity Tax Act for qualifying

In response to recent natural disasters, the Ministry of Finance implemented a temporary measure allowing owners of vehicles destroyed or severely damaged in designated disaster areas to receive a commodity tax refund when purchasing replacement vehicles. Effective August 28, 2026, the program refunds the commodity tax paid on the new vehicle up to the amount

On 28 August 2026, the NTBT clarified documentation requirements for profit-seeking enterprises reporting export sales allowances under the Income Tax Act. When Taiwanese companies grant price reductions or allowances to foreign buyers on exported goods or services, they must maintain comprehensive evidence from the overseas manufacturers to substantiate the deduction for corporate income tax purposes.

As Taiwan faces extreme summer heat, the Ministry of Finance issued guidance on August 28, 2026, outlining three critical reminders for consumers applying for commodity tax refunds when replacing old air conditioners with energy-efficient models under the “Old-for-New” stimulus program. The program, running through December 31, 2026, offers a refund of the commodity tax (currently

The NTBT announced on 28 August 2026 a commodity tax reduction program for vehicle owners replacing disaster-damaged automobiles. Under the Commodity Tax Act and relevant disaster relief regulations, owners of vehicles destroyed or severely damaged by natural disasters (including Typhoon Shadler) can receive commodity tax refunds or reductions when purchasing replacement vehicles. Key Takeaways Disaster

Finance Minister Chuang Tsui-yun presided over the closing ceremony of the 2026 International Taxation Training Program on August 28, 2026. The intensive four-week program, organized by the Ministry of Finance’s National Taxation Bureau, brought together 35 tax officials from 18 countries across Asia-Pacific, Africa, and Latin America. The curriculum covered BEPS 2.0 implementation, transfer pricing

The NTBT reinforced on 27 August 2026 that companies providing interest-free or below-market-rate loans to shareholders or related parties must recognize imputed interest income for corporate income tax purposes. This anti-avoidance measure under Article 41 of the Income Tax Act prevents profit erosion through disguised distributions and ensures arm’s length pricing in related-party financing. Key

The Ministry of Finance announced on August 27, 2026, that the two-year tax guidance period for online influencers and content creators has concluded. Effective immediately, all income from platform monetization, sponsorships, affiliate marketing, and virtual gifts is fully subject to standard income tax and VAT reporting requirements. To assist compliance, the MOF launched an “AI