Foreign businesses selling cross-border electronic services to individuals in the Republic of China (Taiwan) that fail to timely file required income tax returns for 2020 by June 30 will be subject to delinquent reporting surcharges, according to a May 20 announcement from the R.O.C.’s National Taxation Bureau of Taipei.
The filing requirement applies to foreign businesses that have neither permanent establishments nor business agents in Taiwan and that earn income from the sale of cross-border electronic services to persons in Taiwan that are not subject to withholding tax rules. Filing can be made through the online “eTax Portal.”
For taxpayers that fail to file the required return by the June 30 deadline, the tax authorities will issue a delinquent notice instructing the business to complete the filing within 15 days of the notice.
For businesses filling within the 15-day window, the late fee will equal 10% of the assessed tax, with a minimum of TWD 1,500 (approximately USD 53) and a maximum of TWD 30,0000 (USD 1,074).
For businesses that do not file within 15 days of the notice, the fee increases to 20% of the assessed tax, with a minimum of TWD 4,500 (approximately USD 161) and a maximum of TWD 90,0000 (USD 3,223).
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