中華民國102年5月20日星期一 May 20, 2013 Mon.
Press Releases Statements
The firms of Taiwan and 19 countries（areas） purchasing goods and services eligible for VAT for the purpose of engaging in exhibitions or temporary business activities in Taiwan or the 19 countries（areas）, based on the principle of reciprocity, may qualify for a VAT refund in accordance with local tax laws
The Ministry of Finance (MOF) proclaimed that foreign enterprises, institutions, organizations, or associations without fixed places of business within the territory of the ROC purchasing the goods or services on which VAT is levied to a total of NT$5,000 or more for the purpose of engaging in exhibitions or temporary business activities within the period of one year may qualify for a VAT refund based on the principle of reciprocity in accordance with Article 7-1 of “The Value-Added and Non-Value-Added Business Tax Act” and issued the related regulations.
The MOF expressed that as of the end of November 2011, Australia, Austria, Bahrain, Belgium, Finland, France, Germany, Hong Kong, Ireland, Israel, Kuwait, Macao, Netherlands, Qatar, Saudi Arabia, Slovenia, Switzerland, and the U.K. had given a VAT-exempted, VAT zero rate or VAT refund to the firms from Taiwan engaging in exhibitions or temporary business in their countries. In addition, Liechtenstein added Taiwan to its list of reciprocal parties so that Taiwan firms engaging in the above same business activities in Liechtenstein may also qualify for a VAT refund from 1 January 2012. To sum up, there are 19 countries (areas) with which Taiwan has established VAT refund mechanisms based on the principle of reciprocity. This reciprocity will lighten operational costs for firms on both sides and promote international competitiveness in international trade.
The MOF pointed out that in order to maintain the rights of firms, the relevant information can be browsed and downloaded at the special zone “Exhibitors’ VAT Refund System” of the eTax Portal on the MOF website ( www.etax.nat.gov.tw). The above information will be renewed continuously.
分 網： Taxation