Fund Taxation Alert 2025-05
Taiwan – Update on Tax Refund Procedures.
kpmg.comHere’s a concise update on the latest Taiwan tax refund news, based on recent public sources:
Taiwan’s Ministry of Finance extended the application period for certain tax refunds under income tax treaties to 10 years, up from 5 years, for residents of contracting states. The amendment took effect on April 10, 2025, and applies to cases still open as of that date; it also preserves any treaty-specific reclaim rules. This broadens the window for reclaiming overpayments linked to international tax treaties.[1]
Taiwan reported a record level of tax refunds in mid-2025, with the Ministry of Finance planning NT$58.5 billion (about US$2 billion) in income tax refunds in the first round scheduled for July 31, 2025, affecting about 3.62 million taxpayers. Refunds are issued in multiple rounds (July 31, 2025; October 31, 2025; January 20, 2026), and deposits are made to designated bank accounts or by mail for voucher recipients. Tax offices cautioned the public about refund-related scams.[2]
For foreign tourists and general tourist-related refunds, Taiwan’s tax refund guidelines and procedures have evolved over the years to improve accessibility and speed, with revisions to eligibility, documentation, and processing times; official MOF and tourism-administration resources provide the latest forms and steps for claiming refunds tied to purchases by departing visitors.[6][8][9]
Related developments include guidance on quick, broad, and simple refund processes for businesses affected by US tariff policies, with caps and required documentation to streamline refunds; these are framed as improving cash flow and applying to eligible entities.[4]
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Citations:
Taiwan – Update on Tax Refund Procedures.
kpmg.comThe Ministry of Finance made an amendment doubling the period for residents of contracting states to reclaim income tax treaties to 10 years.
www.ey.comEligible businesses must be operational and affected by US tariffs. Refunds are capped at 300,000 New Taiwan Dollars. Applications must be submitted with required documents to local tax offices. The process is designed to be quick, broad, and simple to aid business cash flow. Information and application forms are available on the Ministry’s website. Source: mof.gov.tw Note that this post was (partially) written with the help of AI. It is always useful to review the original source material,...
www.vatupdate.comMore than 3 million taxpayers to receive first-round refunds Jul. 21, 2025 20:02
taiwannews.com.twVAT Refund Guidelines for Foreign Travelers
eng.taiwan.net.twThe Ministry of Finance is considering amending current regulations to make it easier for foreign tourists to receive sales tax refunds, sources familiar with the matter said Aug. 15. Under present ...
taiwantoday.tw