The Taiwanese Ministry of Finance May 8 opened a consultation on draft amendments to the Commodity Tax Act. The draft amendments include measures to: 1) revise consignment manufacturing rules by requiring product names on packaging and allowing use of either manufacturer’s details; 2) allow manufacturers or importers of electric vehicles to obtain tax exemption certificates before factory release or import; and 3) introduce an effective date and compliance framework for tax exempt manufacturing and importing of electric vehicles. Comments are due July 7. [Taiwan, Ministry of Finance, 05/08/26]
Reference: View General Explanation of Draft Amendment to the Commodity Tax Act ...
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