- Businesses planning to temporarily close must file a report with the local tax office before closing.
- The maximum duration of each temporary closure is one year.
- Businesses must file a sales tax return for the period of closure, regardless of sales, within 15 days of the start of the next period.
- Failure to file within 30 days results in a late filing penalty of 1% of the tax due, with a minimum of 1,200 NT dollars and a maximum of 12,000 NT dollars.
- Failure to file after 30 days results in a penalty of 30% of the tax due, with a minimum of 3,000 NT dollars and a maximum of 30,000 NT dollars.
- Businesses without tax liability face a late filing penalty of 1,200 NT dollars and a penalty of 3,000 NT dollars for failure to file after 30 days.
- Businesses are required to file a sales tax return for the period of closure, even if there are no sales.
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.