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Finance Ministry Urges Online Sellers to Register for Business Tax to Avoid Penalties

  • The Ministry of Finance urges online sellers to register for tax and report business tax if their monthly sales reach the tax threshold to avoid penalties.
  • The tax threshold is set at NT$80,000 for goods and NT$40,000 for services.
  • Online sellers must disclose their tax registration information on their sales platforms.
  • According to regulations effective from January 1, 2023, online sellers must include their domain name, website address, and member account in their tax registration.
  • Sellers are required to clearly display their Unified Business Number and business name on their sales pages to enhance transparency and protect consumer rights.
  • The Ministry acknowledges that many online sellers may not be familiar with tax laws and is providing guidance through local tax offices.
  • Sellers who have not registered and meet the criteria may be at risk of tax evasion and should register promptly to avoid penalties.
  • For inquiries, sellers can call the free service hotline at 0800-000-321.

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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