- Taiwanese Congress updated the BTA to revise procedures for electronic invoices
- Taxpayers must transmit e-GUIs and related information to MoF’s Integrated Service Platform
- Transmission deadlines are 7 days for B2B invoices and 2 days for B2C invoices
- Failure to meet deadlines or transmit required information will result in fines
- MoF released MIG v. 4.0, with a transitional period until December 31, 2025 for adaptation to new standards
Source: sovos.com
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.
Latest Posts in "Taiwan"
- Taiwan Introduces New Tax Rules for Online Sales, Advertising, and Cloud Services
- Regulations for Rental Agencies on Reporting Business Tax Based on Rental Income and Expenses
- Cross-Border Cloud Services: Tax Regulations for Organizations Purchasing from Foreign E-Commerce Platforms
- Ministry of Finance Issues Guidelines for Taxation on Online Content Creators and Platforms
- Taiwan Eases VAT Refunds for Overpayments Due to Market and Exchange Rate Changes