On 7 October 2026, the Ministry of Finance announced enhancements to the uniform invoice prize award system, allowing taxpayers who register their cloud e-invoices (雲端發票) to a mobile phone barcode carrier (手機條碼) and link a designated bank account to receive winning prize amounts via direct deposit. Previously, prize winners had to physically visit convenience stores or post offices to claim awards under NT$4,000. The new service, effective immediately, covers all prize tiers from the NT$200 “Additional Sixth Prize” up to the NT$2 million Special Prize. Registration is completed through the Ministry’s e-invoice platform or the Taiwan Finance mobile app.
Key Takeaways
- Automated Prize Collection: Once registered, prizes are automatically deposited within 10 business days of the bi-monthly drawing announcement, eliminating the 3-month claim deadline risk.
- Anti-Fraud Measures: The system requires two-factor authentication (SMS OTP + national ID verification) for bank account binding, preventing unauthorized prize redirection.
- Business Deduction Integration: Registered cloud invoices simultaneously serve as valid input tax evidence for VAT filing, with the platform auto-populating purchase records into the taxpayer’s VAT return workspace.
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