- Ministry of the Environment issued guidance for carbon credit trading in Taiwan
- Domestic enterprises can use carbon reduction credits for offsetting greenhouse gas emissions
- Taiwan Carbon Solution Exchange launched a platform for carbon credit transactions
- Ministry of Finance imposed value added tax (VAT) on trading of Taiwan carbon credits
- Sellers of carbon reduction credits are subject to 5% VAT and must issue government uniform invoices
- Service charges paid by buyers are collected by the carbon exchange and transferred to the Greenhouse Gas Management Fund
Source: taxathand.com
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.
