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The Ministry of Finance (MOF) is planning to impose a business tax on cross-border electronic commerce operators starting from next year in a bid to close a loophole that had allowed foreign e-commerce providers to dodge taxes in Taiwan.
The MOF said that it will invite representatives of foreign e-commerce operators to a meeting scheduled for Aug. 18 to discuss the tax. In the upcoming meeting, the ministry will also invite accountants, bookkeepers and taxation experts from the academic sector to map out a policy for the new tax scheme, hoping it can be implemented by 2017 at the earliest.
Read More At <> http://www.ecbilla.com/ecommerce-news/cross-border/taiwan-aims-to-tax-cross-border-e-commerce-next-year.html
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The Ministry of Finance (MOF) is planning to impose a business tax on cross-border electronic commerce operators starting from next year in a bid to close a loophole that had allowed foreign e-commerce providers to dodge taxes in Taiwan.
The MOF said that it will invite representatives of foreign e-commerce operators to a meeting scheduled for Aug. 18 to discuss the tax. In the upcoming meeting, the ministry will also invite accountants, bookkeepers and taxation experts from the academic sector to map out a policy for the new tax scheme, hoping it can be implemented by 2017 at the earliest.
Read More At <> http://www.ecbilla.com/ecommerce-news/cross-border/taiwan-aims-to-tax-cross-border-e-commerce-next-year.html
Click to get more ecommerce news
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