UPDATE: Taiwan proposes VAT on foreign e-services

20 December 2016

The Taiwanese government has now passed the bill which will make it mandatory for non-resident providers of digital services to VAT register and start charging VAT at 5% on their supplies from 1 January 2017.

Currently non-resident businesses providing digital services do not have to charge VAT on their sales to consumers, instead the consumer purchasing the e-service self-declares and pays any VAT due to the Taiwanese tax authorities.

This new tax will likely be applied to a range of electronic services including streaming games, music, apps, films, e-books, e-journals and internet services.

LATEST NEWS

UPDATE: EU confirms e-commerce VAT reforms delay to...

The European Commission has confirmed that it will delay the introduction of the EU VAT e-commerce package from 1 January 2021 to 1 July 2021.  It is hoped...

SEE MORE
LATEST NEWS

Mauritius to implement VAT on foreign digital services

Mauritius is set to extend its VAT regime to apply to the sales of electronic services supplied by non-resident (foreign) companies to consumers in the...

SEE MORE
LATEST NEWS

Thailand to extend VAT to digital services

Thailand is set to extend its VAT regime to apply to the sales of electronic services supplied by non-resident (foreign) companies to consumers in the...

SEE MORE

Gated Content

The following email providers are not accepted: gmail, hotmail, yahoo. Please use proper company email.