- According to Article 21, Paragraph 2 of the Uniform Invoice Usage Regulations, businesses cannot transfer purchased or assigned uniform invoice serial numbers to others.
- Violations will result in fines ranging from NT$3,000 to NT$30,000 as per Article 47, Clause 2 of the Value-Added and Non-Value-Added Business Tax Act.
- The Kaohsiung National Taxation Bureau explains that tax agents or businesses with multiple branches may mistakenly use or transfer invoices due to bulk purchases.
- A recent case involved an accountant mistakenly swapping invoices between Company A and Company B, leading to penalties.
- To remedy the situation, businesses should proactively report the actual usage to the local tax authority or via the Ministry of Finance’s online tax portal before any investigation.
- Proactive reporting can exempt businesses from penalties under Article 16-2 of the Tax Violation Penalty Reduction Standards.
- However, if a business reports such transfers more than three times within a year, the exemption does not apply, and penalties will be imposed according to the relevant guidelines.
- Businesses are urged not to transfer purchased invoices to others and to verify the serial numbers of newly received invoices against purchase details to avoid mistakes.
- For inquiries, businesses can call the free service hotline 0800-000-321 or visit the Kaohsiung National Taxation Bureau’s website for online assistance.
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.
