The National Taxation Bureau of the Southern Area, Ministry of Finance expressed that business entities using uniform invoices, regardless of sales, are required to file tax returns on a prescribed form for its sales amount and tax payable in accordance with regulations so as not to be liable to a surcharge for belated filing or non-filing.
The Bureau stated that in accordance with the Value-added and Non-value-added Business Tax Act (“the Act”), a business entity, whether or not it has sales, shall file a bimonthly tax return on a prescribed form for its sales amount and tax payable or overpaid of the preceding two months together with tax deduction and other appropriate documents with the competent tax authority prior to the fifteenth day of the following period. The business tax payable, if any, shall be paid to the government treasury in advance. The receipt for tax paid shall be enclosed with the tax return.
The Bureau further explained that in the event that a business entity fails to file the sales amount or a detailed list of uniform invoices used within the time limit as prescribed in the Act, the business entity shall be liable to a surcharge for belated filing. The surcharge shall be equivalent to 1% of the tax payable for every two days overdue, provided that the filing is less than 30 days past due. The administrative fine shall not be less than NT$1,200 or more than NT$12,000. If the filing is in excess of 30 days past due, the business entity shall be liable to a non-filing surcharge equivalent to 30% of the tax payable, as determined by the competent tax authority. The amount of this surcharge shall not be less than NT$3,000 or more than NT$30,000. Where there is no tax payable, the surcharge for belated filing or non-filing shall be NT$1,200 and NT$3,000 respectively.
The Bureau would like to remind business entities using uniform invoices, whether or not it has sales, to file tax returns within the time limit so as not to be penalized.