Taiwan offers VAT refund to some foreign enterprises without fixed place of business

Taiwan’s taxation office announced Monday that foreign enterprises and other entities from specified countries that have no fixed place of business in Taiwan but engage in exhibition or temporary business activities there may claim a refund for VAT paid on goods and services purchased during their stay.

The National Taxation Bureau of Taipei, Ministry of Finance (NTBT) said that foreign entities from Germany, Switzerland, Bahrain, Hong Kong, Kuwait, Macau, Qatar, Saudi Arabia, Australia, Austria, Finland, France, Ireland, Israel, the Netherlands, the United Kingdom, Slovenia, Belgium, and Liechtenstein may apply for such VAT refunds.

To receive a VAT refund, reciprocal treatment or exemption from similar taxes must be given to the same institutions of the R.O.C. by the foreign country where they perform the same activities, the NTBT said.

The NTBT said that that the decision may enable Taiwan’s domestic business entities to apply for the VAT refunds when they engage in the same activities in the reciprocal countries.

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