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	<title><![CDATA[News]]></title>
	<link><![CDATA[https://www.ntbsa.gov.tw/English]]></link>
	<description><![CDATA[財政部南區國稅局]]></description>
	<language><![CDATA[en-US]]></language>
	<pubdate>Mon, 09 Nov 2026 00:40:28 GMT</pubdate>
<item>
	<title><![CDATA[ Foreign Profit-Seeking  Enterprises Applying for Royalty Income Tax Exemption Should Adhere to Deadline and Eligibility Requirements]]></title>
	<description><![CDATA[The National Taxation Bureau of the Southern Area, Ministry of Finance, stated that pursuant to Article 4, Paragraph 1, Subparagraph 21 of the Income Tax Act, royalties paid to a foreign enterprise for the use of its patent rights, trademarks, and/or various kinds of special licensed rights in order to introduce new production technology or products, improve product quality, or reduce production cost under the approval of the competent authority as a special case, as well as remuneration paid to a foreign enterprise for the provision of technical services in construction of a factory for an important productive enterprise determined and approved as such by the competent authority, the income tax shall be exempted. Foreign profit-seeking enterprises seeking to benefit from this tax exemption should pay close attention to the applicable filing deadlines and eligibility requirements. The Bureau further explained that pursuant to Point 12, Paragraphs 1 through 3 of the Directions Governing Reviews of Applications for Exemption From Income Tax on Royalty and Technical Service Fees collected by Foreign Profit-Seeking Enterprises From Manufacturing Industries, Technical Services Industries, and Power-Generating Industries (hereinafter referred to as the "Directions Governing Reviews") as amended and promulgated on May 13, 2026, foreign profit-seeking enterprises applying for income tax exemption must first obtain approval from the Industrial Development Administration or the Energy Administration of the Ministry of Economic Affairs after the signing of the contract but prior to its effective date, or within the effective period of the contract. Subsequently, within two months starting from the day after the approval letter is issued, the applicant must submit the letter along with relevant supporting documents to the competent tax authority to officially finalize the income tax exemption application. Each approved tax exemption period is capped at a maximum of three years, subject to the effective term of the contract, with the option to reapply as the expiration date approaches, but the contract still remains in effect in accordance with the related regulations. To prevent a scenario where royalty or technical service remuneration received by a foreign profit-seeking enterprise for income tax exemption in Taiwan  also qualify for tax exemption or preferential low-tax treatment in its country of residence, thereby resulting in double non-taxation, based on Point 11, Paragraph 1 of the  revised Directions Governing Reviews, the tax exemption may not be claimed if the statutory income tax rate imposed on such royalty or technical service remuneration under the laws of the country or jurisdiction of the residence is below 15%. Nevertheless, under the principle of legitimate expectations, this statutory minimum tax-rate requirement does not apply if the foreign profit-seeking enterprise has submitted its application to the Industrial Development Administration or the Energy Administration, Ministry of Economic Affairs, prior to May 13, 2026. The Bureau would like to remind that, following the amendment to the Directions Governing Reviews coming into force from May 13, 2026, all relevant applications are subject to the new regulations. Before filing an application, a foreign profit-seeking enterprise should verify that the applicable filing deadline has not expired, and should also provide an explanation and supporting information concerning the statutory income tax rate of its country of residence imposed on the royalty or technical service remuneration to facilitate the tax authority's review process.   Press Release Contact: Mr Tien  Profit-seeking Enterprise Income Tax Division TEL: 06-2223111 ext. 8050.]]></description>
	<link><![CDATA[https://www.ntbsa.gov.tw/English/singlehtml/1f47a7dbc0514d9196df500573f395a2?cntId=175d470c85154b0ab32938502fc09d94]]></link>
	<author><![CDATA[]]></author>
	<pubDate>Mon, 09 Nov 2026 00:00:00 GMT</pubDate>

</item>
<item>
	<title><![CDATA[Assessment Notices Issued for Unpaid or Underpaid 2026 Provisional Profit-seeking Enterprise Income Tax ]]></title>
	<description><![CDATA[Profit-seeking enterprises that failed to pay their provisional tax payable by the end of October this year (2026) have been sent a Notice of Assessment for provisional tax and a payment slip by the tax authority. Upon receipt, please pay within the payment period as soon as possible to avoid paying belated surcharges and belated interest for late payment. The National Taxation Bureau of the Southern Area of the Ministry of Finance stated that profit-seeking enterprises are required to file a Provisional Income Tax Return for the 2026 fiscal year. If an enterprise fails to pay its 2026 provisional tax during the filing period from September 1 to September 30 this year, and clear the unpaid balance with daily interest before October 31 this year, the tax authority will calculate the provisional tax at one-half of the tax payable shown on the enterprise’s Profit-seeking Enterprise Annual Income Tax Return for 2025. The unpaid or underpaid tax will then be assessed with one month of interest added at the fixed rate of one-year time savings deposits of Postal Savings as of January 1, 2026 (1.725%). The enterprise will then receive a payment slip for the total amount payable. The Bureau noted that Notices of Assessment for provisional tax and payment slips have recently been sent to enterprises within its jurisdiction that did not file the 2026 Provisional Income Tax Return or that underpaid. The payment period is from November 16 to November 30 this year. Enterprises are requested to pay promptly upon receiving their payment slips. To make it convenient for enterprises to pay the assessed provisional tax, the Bureau has compiled various payment methods (see the attached table) and encourages enterprises to make use of them. Finally, the Bureau would like to remind taxpayers to take note of the payment deadline and to pay their taxes on time to protect their own rights and interests. For any questions, please call the toll-free number 0800-000321 or contact the local branch or tax office under the Bureau’s jurisdiction.   Press Release Contact: Ms.Hou Collection and Information Management Division TEL: 06-2223111 ext.8110]]></description>
	<link><![CDATA[https://www.ntbsa.gov.tw/English/singlehtml/1f47a7dbc0514d9196df500573f395a2?cntId=625fe9fddab94f7f960898e679c0fdaf]]></link>
	<author><![CDATA[]]></author>
	<pubDate>Thu, 05 Nov 2026 05:00:00 GMT</pubDate>

</item>
<item>
	<title><![CDATA[Business Entities That Issue Supplemental Uniform Invoices but Fail to File Supplementary Tax Declarations and Make Supplementary Payment Are Not Exempt From Penalty.]]></title>
	<description><![CDATA[The National Taxation Bureau of the Southern Area, Ministry of Finance, stated that according to Article 48-1 of the Tax Collection Act, the requirements for the exemption of penalties apply only when a taxpayer voluntarily files a supplementary tax declaration and makes supplementary payment covering the tax amount which it has failed to declare. Such exemption is applicable only as long as it is neither a case brought about by an informant, nor a case under investigation by an investigator appointed by the tax authorities or the Ministry of Finance. Furthermore, the taxpayer shall be charged with the daily interest accrued on the amount of such supplementary tax for the period from the date immediately following the original deadline for the payment of the tax to the date on which the supplementary tax is paid. Therefore, if a business entity fails to issue a uniform invoice for the sale of goods or services due to negligence and only issues a supplemental one after the deadline for the filing of business tax returns, but fails to file a supplementary tax declaration and make supplementary payment, the provisions for penalty exemption shall not apply. The Bureau provided the following example: Company A failed to issue a uniform invoice when selling computers to consumers in October 2024. An investigation by the tax bureau revealed that although Company A issued a supplemental uniform invoice on November 20, 2024, which was after the deadline for the filing of business tax returns for that period (November 15, 2024), neither did it file a supplementary tax declaration for the sales amounts of the September-October 2024 period, nor did it make supplementary payment. Consequently, this did not meet the requirements for penalty exemption under Article 48-1 of the Tax Collection Act, and the company was still subject to both the tax collection and penalties. The Bureau would like to especially remind business entities selling goods or services to issue uniform invoices and declare and pay business tax within the prescribed time limits. If a failure to issue a uniform invoice is discovered after the deadline for the filing of business tax returns, as long as a supplemental uniform invoice is issued, and the taxpayer voluntarily files a supplementary tax declaration and makes supplementary payment covering the tax amount which it has failed to declared with added interest before any case is brought about by an informant or an investigation is conducted by the tax authorities or the Ministry of Finance, the penalty exemption provisions of Article 48-1 of the Tax Collection Act shall apply.   Press Release Contact: Ms. Chiu Legal Affairs Division TEL: 06-2223111 ext.8125  ]]></description>
	<link><![CDATA[https://www.ntbsa.gov.tw/English/singlehtml/1f47a7dbc0514d9196df500573f395a2?cntId=21ac117e69c54b87a6e747adef3da02d]]></link>
	<author><![CDATA[]]></author>
	<pubDate>Thu, 08 Oct 2026 05:00:00 GMT</pubDate>

</item>
<item>
	<title><![CDATA[ Deductions for Losses from Overseas Property Transactions Are Limited to Income from Overseas Property Transactions in the Same Taxable Year]]></title>
	<description><![CDATA[The National Taxation Bureau of the Southern Area, Ministry of Finance, stated that when an individual files his or her basic income in accordance with the Income Basic Tax Act, losses incurred from overseas property transactions may be deducted only from income derived from overseas property transactions in the same taxable year and shall not be carried forward to subsequent years. The Bureau explained that, according to Subparagraph 1, Paragraph 1, Article 12 of the said Act and Point 16 of the Directions for the Filing and Investigation of Income Derived from Sources outside the ROC and from Sources in Hong Kong and Macau to be Included in the Amount of Individual Basic Income, where an overseas property transaction results in a loss, such loss may be deducted from income derived from overseas property transactions in the same taxable year, and the deductible amount shall not exceed the amount of such income. If there is no income derived from overseas property transactions in the same taxable year, or if the losses exceed the income, the excess losses shall neither be used to offset other categories of overseas income in the same taxable year, such as profit-seeking or interest income, nor be carried forward to subsequent taxable years. In addition, such income and loss are calculated based on the actual transaction price and the original cost in the years in which the loss was incurred, and the deduction claimed is limited to the amount which has been assessed and recognized by the tax collection authority. For example, Mr. A derived an income of NT$8 million from overseas property transactions from the disposal of overseas securities in 2024, but he failed to calculate and file his basic income under the Income Basic Tax Act. He claimed that he had incurred losses of NT$8.1 million from overseas property transactions in the preceding taxable year 2023 and therefore considered that no taxable income remained after offsetting the losses, consequently failing to file the overseas income. However, losses incurred from overseas property transactions may be deducted only from income derived from overseas property transactions in the same taxable year and cannot be carried forward to subsequent years. Accordingly, the losses incurred in taxable year 2023 could not be used to offset income derived in taxable year 2024. Consequently, the Bureau adjusted and imposed additional basic income tax of NT$400,000 for taxable year 2024 and a penalty in accordance with the applicable laws and regulations. The Bureau would like to remind the public that those who dispose of overseas financial products or other overseas property should pay close attention to the relevant regulations of the Income Basic Tax Act. In cases of failure to calculate or file their income in accordance with the applicable regulations, taxpayers should voluntarily file a supplementary tax declaration and make a supplementary payment covering the tax amount and surcharging interest before being reported by an informant or investigated by the tax collection authority in accordance with Article 48-1 of the Tax Collection Act. By doing so, they may be remitted from relevant penalties.   Press Release Contact: Ms. Lee Legal Affairs Division TEL: 06-2223111 ext.8132  ]]></description>
	<link><![CDATA[https://www.ntbsa.gov.tw/English/singlehtml/1f47a7dbc0514d9196df500573f395a2?cntId=b3947905517b452c83b4c3bede0d8057]]></link>
	<author><![CDATA[]]></author>
	<pubDate>Thu, 08 Oct 2026 05:00:00 GMT</pubDate>

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