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Extended Business Tax Payment Deadline to Late February Due to Lunar New Year

  • The tax payment deadline for business taxes for the fourth quarter of the 113th year and January of the 114th year has been extended to February 14-24, 2024, due to the Lunar New Year holiday
  • Taxpayers who have arranged for automatic bank transfers should ensure their accounts have sufficient funds by February 24, 2024, to avoid failed transactions
  • Payments can be made at designated financial institutions but not at post offices
  • Within three days after the payment deadline, taxes can also be paid using credit cards, chip financial cards, electronic payment accounts, ATM transfers, and checking or savings accounts
  • For tax amounts under 30,000, payments can be made at convenience stores like FamilyMart, 7-Eleven, Hi-Life, and OK Mart
  • Businesses can facilitate tax payments via bank accounts registered with postal or financial institutions by submitting a signed direct debit authorization form either by mail, in person, or online at the Ministry of Finance’s tax portal
  • Taxpayers are reminded to pay their taxes on time to avoid penalties such as late fees and interest
  • For inquiries, taxpayers can contact the toll-free number 0800-000321

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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