Taiwan MOF Explains Application Requirements for Land Tax Exemption, Reduction, Special Tax Rate

The Taiwanese Ministry of Finance Sept. 16 explained the application requirements for taxpayers seeking an exemption, reduction, or special tax rate for 2025 land tax. The announcement explains that: 1) landowners must apply online before Sept. 22 at the Ministry of Finances Tax Portal to receive preferential tax treatment for 2025 land tax, which will be imposed starting Nov. 1; 2) late applicants won’t receive the benefit until the following year; 4) landowners already receiving the benefit aren’t required to reapply if the qualifying land use hasn’t changed; 4) landowners listed on Aug. 31 must pay land tax based on ...