Taiwan

The Ministry of Finance announced on 4 September 2026 that non-agricultural land currently used for agricultural production may be eligible for estate tax exemption, provided specific conditions are met and supporting documents are submitted. This interpretation is based on Article 17 of the Estate and Gift Tax Act, which exempts agricultural land from estate tax.

On 4 September 2026, the Taipei National Tax Administration clarified that when a business entity uses construction contract payments to offset overdue penalties, the full contract amount must still be reported via uniform invoices for business tax purposes. This ruling ensures that taxable turnover is not reduced by penalty offsets, aligning with the Value‑Added and

On 4 September 2026, the Ministry of Finance ruled that death benefits received by beneficiaries from foreign life insurance policies that were not approved by Taiwan’s competent authority must be included in the decedent’s estate for estate tax purposes. This ruling addresses a gap where policyholders purchased offshore policies without regulatory approval, potentially shielding proceeds

On 4 September 2026, the Taipei National Tax Administration clarified that when a business entity uses construction contract payments to offset overdue penalties, the full contract amount must still be reported via uniform invoices for business tax purposes. This ruling ensures that taxable turnover is not reduced by penalty offsets, aligning with the Value‑Added and

On 4 September 2026, the Ministry of Finance ruled that death benefits received by beneficiaries from foreign life insurance policies that were not approved by Taiwan’s competent authority must be included in the decedent’s estate for estate tax purposes. This ruling addresses a gap where policyholders purchased offshore policies without regulatory approval, potentially shielding proceeds

The Southern Region National Tax Administration hosted a public engagement event titled “Tax Month Micro-Light Lecture Market: Full Moon Integrity, Tax Month Reunion” on 4 September 2026. The event combined tobacco tax education with anti-corruption advocacy, featuring interactive booths, tax law quizzes, and cultural performances. The initiative aims to enhance public understanding of tobacco tax

The Southern Region National Tax Administration hosted a public engagement event titled “Tax Month Micro-Light Lecture Market: Full Moon Integrity, Tax Month Reunion” on 4 September 2026. The event combined tobacco tax education with anti-corruption advocacy, featuring interactive booths, tax law quizzes, and cultural performances. The initiative aims to enhance public understanding of tobacco tax

Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice. Source: Read Official Announcement

Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice. Source: Read Official Announcement

The Taiwan Ministry of Finance (MOF) issued a strong public reminder on 4 September 2026 urging all taxpayers to fulfill their obligations honestly and warning that attempts to evade taxes through wishful thinking or concealment will be met with strict enforcement. The announcement references the Tax Collection Act and related regulations, emphasizing that the tax