Taiwan Gazettes Order Implementing Business Tax Guidelines for Individuals, Digital Platforms Regarding Online Sales, Advertising

The Taiwanese Executive Yuan Gazette Sept. 10 published Ministry of Finance Order No. 11404590640, implementing business tax guidelines for individuals and digital platforms concerning online sales and advertising. The order includes measures: 1) requiring tax registration for internet influencers selling goods or services domestically that have physical business locations in China, and that meet the monthly internet sales threshold; 2) setting a 5 percent rate for domestic digital platform sales of advertising playback services to domestic advertisers regardless of the viewers’ residence, and a 1 percent rate under certain circumstances; 3) setting a zero percent rate on domestic digital platform ...