Taiwan Tax Update February - April 2025

Income Tax

• In response to reciprocal tariffs imposed by the US, the Ministry of Finance announced extension of deadline for filing and payment of FY2024 corporate income tax return from May 31 to June 30, with options for interest-free deferral or installment payment
• Ministry of Finance announced amendment to Article 34 of Regulations Governing Application of Agreements for the Avoidance of Double Taxation with Respect to Taxes on Income by extending the withholding tax refund application period for non-resident taxpayers seeking treaty benefits from 5 years to 10 years
• Ministry of Finance announced that companies, institutions, and organizations can perform online query of FY2024 income data using electronic certificates from April 28, 2025 to June 30, 2025

Value Added Tax

• Ministry of Finance announced amendment to tax registration threshold for foreign electronic service providers on April 7, 2025, which is increased from NT$480,000 to NT$600,000 in annual B2C sales