Taiwan

The NTBT stipulated on 26 August 2026 that foreign branches operating in Taiwan allocating head office management expenses must prepare and retain the foreign parent company’s audited financial statements and cost allocation methodologies to support deduction claims for profit-seeking enterprise income tax. This requirement ensures transfer pricing compliance for cross-border service charges. Key Takeaways Documentation

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

As of August 21, 2026, the Taiwan Ministry of Finance announced an enhancement to the monthly online invoice lottery, increasing dedicated prizes by NT$500 and 50 additional sets starting from the July-December period. This amendment aims to boost taxpayer engagement and reward participation in the digital invoice system, aligning with broader efforts to modernize 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

On August 21, 2026, the Ministry of Finance reaffirmed its commitment to rationalizing tax regulations, focusing on providing convenient and heartfelt taxpayer services. The initiative encompasses streamlined reporting mechanisms, expanded digital filing options, and enhanced customer support channels to reduce compliance burdens for individual and corporate taxpayers. Key measures include the simplification of tax return

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

On 21 August 2026, the Taiwan National Tax Bureau (NTBT) formally released Interpretive Guidance No. 2026-XX, elucidating the circumstances under which value-added tax (VAT) input tax deductions are prohibited for enterprises operating vehicle leasing businesses. This guidance arises from heightened scrutiny of the rapidly expanding mobility-as-a-service sector and aims to close longstanding interpretive gaps within

As of 21 August 2026, the Taiwan Ministry of Finance has announced that taxpayers exempt from provisional tax filing can now benefit from an upgraded online tax payment system. The optimization of the electronic reporting system enables more efficient online tax payments, reducing administrative burden and improving compliance turnaround times. This initiative forms part of

On 21 August 2026, the Legislative Yuan completed its third reading and passage of amendments to the Inheritance and Gift Tax Law, adopting provisions for the unified calculation of specific gifts made prior to death alongside estate taxation. The reform aims to address fairness concerns in wealth transfer taxation and close loopholes that allowed preferential

On 21 August 2026, the Taiwan Ministry of Finance announced enhancements to the end-of-year cloud lottery invoice prize structure, with an additional NT$500 prize per period and 50 winning groups of NT$500,000. The reform, effective for the July-December 2026 period of invoice year 115, aims to boost taxpayer engagement with the voluntary invoicing system and