Taiwan MOF Clarifies Input Tax Deductions on Gifts Provided as Souvenirs at Shareholders’ Meetings

The Taiwanese Ministry of Finance Aug. 12 clarified input tax deductions on gifts a company provided to its shareholders as souvenirs at a shareholders’ meeting. The clarification includes that: 1) businesses can’t deduct input VAT paid on goods or services used for entertainment unrelated to promoting the business, including gifts distributed to shareholders during shareholder meetings; and 2) businesses mistakenly declaring input tax for deduction can automatically report and pay the omitted tax without reporting, before tax authorities conduct an investigation. [Taiwan, Ministry of Finance, 08/12/25]

Reference:
View Announcement. View Index.