Taiwan

On 27 October 2026, the NTBT reminded individual taxpayers that overseas-sourced income is not included in the National Taxation Bureau’s pre-filled income query system for Alternative Minimum Tax (AMT) purposes. Under the Income Basic Tax Act, taxpayers with overseas income exceeding NT$1 million must voluntarily include such amounts in their AMT calculation, even if the

On 23 October 2026, Taiwan’s Ministry of Finance (MOF) issued an interpretive ruling clarifying the application of profit-loss offset provisions under Article 39 of the Income Tax Act for profit-seeking enterprises with overdue tax payments. The ruling addresses scenarios where tax arrears fall below the statutory threshold triggering delinquency penalties under Article 41 of the

On 23 October 2026, the Ministry of Finance published enhanced reporting standards for whistleblowers targeting tax evasion in the special food and beverage service sector (特種飲食業), which includes nightclubs, karaoke venues, and hostess clubs. The directive, issued under the Tax Collection Act and the Special Food and Beverage Service Industry Tax Regulations, requires informants to

On 23 October 2026, the Ministry of Finance released a binding interpretation concerning the tax treatment of specialized investment companies (專營投資公司) under the Income Tax Act. The ruling confirms that all investment gains—including dividends, interest, and capital gains—must be classified as operating revenue (營業收入) rather than non-operating income. Critically, when computing tax-exempt income under relevant

Effective 22 October 2026, the NTBT detailed the application of the tax credit for repurchasing self-use residential land under the Land Value Increment Tax (LVIT) regime. When a taxpayer sells land subject to LVIT and repurchases a self-use residence within the prescribed period, the tax paid on the original sale may be credited against the

On 22 October 2026, the Ministry of Finance confirmed the 2026 Land Value Tax (LVT) collection schedule. The levy commences on 1 November 2026, with a payment deadline of 30 November 2026. Taxpayers holding land subject to LVT must settle assessments based on the announced land values effective 1 January 2026. The Bureau reminded taxpayers

On 22 October 2026, ahead of Typhoon Krathon’s (薔琵颱風) projected landfall, the Ministry of Finance activated the Disaster Loss Tax Relief Framework under Article 48 of the Tax Collection Act and the Regulations Governing Tax Reduction or Exemption for Disaster Losses. The guidance outlines a streamlined three-step process: (1) immediate damage documentation via geotagged photos

On 22 October 2026, Taiwan’s National Taxation Bureau announced proactive measures to assist taxpayers affected by Typhoon Jebi. The directive instructs local tax collection offices to provide on-site guidance for tax reduction and exemption applications under the Disaster Prevention and Protection Act and relevant tax statutes. Effective immediately, taxpayers in designated disaster areas may apply

On 22 October 2026, the Ministry of Finance issued a public assurance notice reinforcing the statutory tax relief entitlements for individuals and businesses impacted by Typhoon Krathon. Citing Article 14 of the Disaster Prevention and Protection Act and the Ministry’s own Disaster Tax Relief Implementation Guidelines, the announcement confirms that tax reductions are not discretionary

As of 22 October 2026, the National Taxation Bureau of Taipei (NTBT) issued an urgent advisory regarding Typhoon Krathon, reminding taxpayers that disaster-related losses qualify for tax reduction under the Disaster Relief Act. The Bureau outlined a three-step application process: (1) verify the disaster area designation by the central government; (2) prepare loss documentation including