Buildings & Land of The Specifically Selected Goods and Services Tax shall cease to be levied, but do other items of the Specifically Selected Goods and Services Tax which are high-priced need to be levied?
The National Taxation Bureau of the Northern Area, Ministry of Finance (NTBNA, MOF) expressed that, car dealers asked about legislation concerning on the integrated housing and taxation which came into force on January 1, 2016. The Specifically Selected Goods and Services Tax Act (hereafter referred to as SSGST) shall cease to be levied. Manufacturers asked any passenger car that, including the driver’s seat, has nine seats or less and a selling price or taxable value of not less than NT$3,000,000 shall cease to be levied?
The Bureau indicated that, according to Article 6-1 of SSGST, Buildings & land shall cease to levied about apply on sale contracts as Specifically Selected goods provided in Subparagraph 1, Paragraph 1 of Article 2, effective from January 1, 2016., but other high-value items on the Specifically Selected Goods and Services Tax need to be levied. If the taxpayer sells high-priced goods or services, he/she should still file a tax declaration with the tax collection authorities. For an overdue declaration case, if it is neither a case brought about by an informant, nor a case under investigation by an investigator appointed by the tax collection authorities or the Ministry of Finance, the taxpayer may be remitted from any or all of punishments, the taxpayer voluntarily files a supplementary tax declaration with the tax collection authorities and makes supplementary payment covering the tax amount which he/she/it has failed to declare in accordance with Article 48-1 of Tax Collection Act.