- Businesses contracting projects must issue unified invoices and pay business tax based on the project funds
- According to tax laws, sales amount includes all fees charged by the business for goods or services
- Businesses must issue invoices within the specified time limits, even if they are fined for late completion of a project
- Example: A company contracted a project and was fined for late completion, they cannot use the remaining project funds to pay the fine without issuing an invoice
- Businesses are urged to review their invoicing and sales reporting practices to avoid penalties and interest charges.
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.
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