VATupdate

Share this post on

Unauthorized Business Operators Cannot Claim Lottery Prizes Without Tax Registration – Kaohsiung Tax Bureau

  • Businesses operating without registering for tax are not eligible to claim prizes from uniform invoices
  • The Kaohsiung National Taxation Bureau stated that businesses operating without tax registration are not eligible for prize claims from invoices
  • An example was given of an individual who operated a gift shop without tax registration and claimed a prize from invoices
  • The bureau conducts periodic checks on individuals who receive a large number of invoices from specific businesses
  • Individuals found to be operating without tax registration will be required to pay back any prize money claimed
  • For inquiries, individuals can contact the bureau’s toll-free number or visit their website for online assistance.

Source: mof.gov.tw

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

Sponsors:

VAT news
VAT news

Advertisements:

  • AXWAY - VATupdate Banner
  • VATupdate.com