- Taiwanese Ministry of Finance opened a consultation on draft VAT amendments on December 24
- The amendments propose raising the registration threshold for nonresidents selling electronic services in Taiwan
- The new threshold would be annual sales over NT$600,000, up from NT$480,000
- This change affects nonresidents without a fixed place of business in Taiwan
- The consultation period for comments ends on February 24
Source: news.bloombergtax.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.
