Taiwan Updates Electronic Invoice Procedures with New Amendments to the Business Tax Act

Taiwan has amended the “Value-Added and Non-Value-Added Business Tax Act” to digitalize its tax system, mandating electronic government uniform invoices (e-GUIs) and transmission deadlines of 7 days for B2B and 2 days for B2C invoices, with penalties ranging from TWD 1,500 to TWD 15,000 for non-compliance.

Source RTCsuite

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• See also
  • E-Invoicing/Real Time Reporting – What can you find on VATupdate.com
  • Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological
  • Collection of E-Invoicing Guides – Worldwide – VATupdate

• Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE

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